Glonghui, January 15 | Following the closing price of 164% on the first day of listing on Friday, Jingwei Tiandi (2477.HK) continued to soar today (the second day of listing), reaching a high of 45.45% to HK$3.84, up 284% from the offering price of HK$1. Jingwei Tiandi is a network support and information and communication technology (ICT) integration service provider and software developer for China Telecom. When the company started its business in 2003, it was mainly engaged in developing telecommunication network performance analysis software, and then expanded its business scope to provide telecommunication network support services and ICT integration services. During the track record period, the company was engaged in providing telecommunication network support services, including wireless telecommunication network optimization services and telecommunication network infrastructure maintenance and engineering services; ICT integration services; and telecommunication network-related software development services. According to the prospectus, in 2020, 2021, 2022 and January-June 2023, the company's revenue was RMB 196 million, RMB 203 million, RMB 227 million and RMB 114 million, respectively, while profit for the period was RMB 296.60 million, RMB 25.524 million, RMB 24.259 million, and RMB 146.58 million, respectively.