LIANJI TECH HKEX GEM IPO Application Lapsed Upon Expiry, Specialising in Industrial Park Property Management

NewTimeSpace News: The GEM listing application filed by Hebei Lianji Technology Industrial Development Co., Ltd. to HKEX on 2 January 2026 has lapsed upon the expiry of six months, and Chuang Sheng Finance served as the original sole sponsor.

The Company is an integrated property management service provider dedicated to industrial parks. Founded in 2019, it has concentrated its business in Zhejiang Province, particularly the Jinhua-Yiwu region home to the world’s largest small commodity market. It achieves differentiated competitiveness through specialisation in industrial park management, setting it apart from rivals that primarily focus on residential properties.

As at 30 September 2025, the Company’s property portfolio comprised 24 managed projects including 23 industrial parks, with total managed gross floor area of approximately 4.3 million square metres. Geographically, 19 managed projects are located in the Jinhua-Yiwu area, while the remaining four and one projects are situated in other parts of Zhejiang Province and Hebei Province respectively.

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