Hexia Technologies Co., Ltd.’s HKEX GEM Listing Application Lapsed; A Leading Automotive Test Solution Provider in Zhejiang Province

Newtimespace News: The listing application filed by Zhejiang Hexia Technologies Co., Ltd. with HKEX GEM on 10 February 2026 has lapsed after the six-month validity period expired. Golden Link Capital served as the original sole sponsor.

Founded in 2017 and headquartered in Zhejiang Province, the Company has grown into the province’s leading automotive test solution provider according to Frost & Sullivan reports, partnering with a large number of top domestic and international automakers and component suppliers during the track record period. Its business is divided into three segments: automotive testing, test system integration and auto component sales, which play a vital role in the R&D of new internal combustion engine vehicles, new energy vehicles and their spare parts.

Since 2022, the Company has expanded its automotive testing service scope to ADAS testing. Meanwhile, its business has expanded to test system integration solutions and sales of auto components including urea pumps, TCUs, range-extender systems and range-extender controllers. The Company’s core testing facilities are located at its Changxing headquarters, with strategically deployed testing bases across Zhejiang, Hubei, Jiangsu, Guangdong and Shanghai, equipped with more than 430 major testing machines and devices.

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