---
title: "METASPACEX and its joint venture company are engaged in industrial IoT and other businesses"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276022568.md"
description: "METASPACEX announced the establishment of a joint venture, Xinglun Smart Technology, with Guangzhou Xinglun, focusing on industrial Internet of Things (IoT), industrial software, and smart manufacturing; the group and Guangzhou Xinglun hold 51% and 49% equity, respectively. At the same time, the group appointed Wang Kai as the CEO of Xinglun Smart Technology, effective from February 13, 2026. Wang Kai has previously served as a senior management member of Guangzhou Xinglun and has accumulated experience in business development and product engineering in several large enterprises in China"
datetime: "2026-02-16T01:15:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276022568.md)
  - [en](https://longbridge.com/en/news/276022568.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276022568.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/276022568.md) | [繁體中文](https://longbridge.com/zh-HK/news/276022568.md)


# METASPACEX and its joint venture company are engaged in industrial IoT and other businesses

METASPACEX (01796.HK) announced the establishment of a joint venture, Xinglun Smart Technology, with Guangzhou Xinglun, focusing on industrial Internet of Things (IoT), industrial software, and smart manufacturing; the group and Guangzhou Xinglun hold 51% and 49% equity, respectively.

At the same time, the group appointed Wang Kai as the CEO of Xinglun Smart Technology, effective from February 13, 2026. Wang Kai has previously served as a senior management member of Guangzhou Xinglun and has accumulated experience in business development and product engineering in several large enterprises in China

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