The Xiaomi 9 Pro is China’s lowest-priced 5G handset.
Smart speakers are one of the most popular electronic devices in Chinese households.
Meizu shipped only 8 million units in 2018, ‘mainly due to lack of funds.’
The news comes as the Shanghai Stock Exchange began accepting IPO applications for its new tech board.
The online stock brokerage aims to expand its global market share beyond that of its rival, Tencent-backed Futu Securities, which went public on Friday.
The IPO follows closely after the listing of its Chinese counterpart Futu.