YESMRO HKEX Listing Application Lapses; Leading Domestic Player in Digital FA Parts Procurement Service in China
NewTimeSpace News: The listing application submitted by YESMRO Holdings Limited to HKEX on 30 January 2026 has lapsed upon the expiry of the six-month period. ABC International acted as the original sole sponsor. According to China Insights Consultancy, measured by revenue in 2024, the Company ranks first among domestic suppliers focusing on the FA sector within China’s digital factory automation (FA) parts procurement service market, with an 8.5% market share. It has served more than 24,000 customers, with a customer retention rate of 73.3%.
NewTimeSpace News: The listing application filed by YESMRO Holdings Limited with The Stock Exchange of Hong Kong Limited on 30 January 2026 has lapsed upon the expiry of the six-month period. ABC International acted as the original sole sponsor.
The Company is a leading professional supplier of digital factory automation (FA) parts in China, equipped with robust capabilities in supply chain integration, R&D and inventory management. Supported by data-driven insights and continuous R&D, the Group enables automation equipment manufacturers to procure FA parts with shorter lead times and higher efficiency. Founded in 2016, the Company is committed to driving digital transformation for an industry that has long relied on fragmented offline transactions.
Per China Insights Consultancy statistics, based on revenue in 2024, the Company ranks first among domestic suppliers concentrating on the FA sector in China’s digital factory automation parts procurement service market, capturing an 8.5% market share. During the track record period, the Group has served over 24,000 customers. The customer retention rate rose from 67.3% in 2023 to 73.3% in the first nine months of 2025.
All core systems of the Company are independently developed in-house. During the track record period, the Group achieved an in-stock rate exceeding 81.3% and an on-time delivery rate of 96.5%, with inventory turnover days below 20 days. Its cash conversion cycle reached negative 7 days in 2024.
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