--- 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 ### Related Stocks - [METASPACEX (01796.HK)](https://longbridge.com/en/quote/01796.HK.md) ## Related News & Research - [Zhongtai Securities Sticks to Its Buy Rating for Wasion Holdings Limited (3393)](https://longbridge.com/en/news/281141455.md) - [Guan Chao's Loss Balloons in 2025](https://longbridge.com/en/news/281314987.md) - [CICC Remains a Buy on Zhongsheng Group Holdings Ltd. (0881)](https://longbridge.com/en/news/280899320.md) - [Guotai Haitong Sticks to Their Buy Rating for Zhongsheng Group Holdings Ltd. (0881)](https://longbridge.com/en/news/281307317.md) - [No LPG shortage, don't panic or crowd agencies: Delhi CM Rekha Gupta](https://longbridge.com/en/news/281690190.md)