Sublime China Information refiles for HKEX listing: Ping An Securities (Hong Kong) acts as sole sponsor, ranked first in energy commodity information services by 2025 revenue

NewTimeSpace News: On 25 August 2026, Sublime China Information Co., Ltd. (301299.SZ) refiled its application with the Stock Exchange of Hong Kong, with Ping An Securities (Hong Kong) acting as sole sponsor. The Company is a commodity information services provider in China, focusing on market data monitoring, price assessment and market research analysis of multi-category commodities, providing subscription-based commodity information services mainly within China across energy commodities, basic raw materials and agricultural and sideline products, with a focus on the energy commodities sector. According to CIC, by revenue in 2025, the Company ranked first in the energy commodities segment of China's commodity information services industry with a market share of approximately 31.9%, and ranked second in the overall industry with a market share of 12.4% by 2025 revenue.

Adhering to the core standards of comprehensiveness, timeliness and continuity, and leveraging technologies including big data and AI model algorithms, the Company has built a digital commodity services system covering "data collection — intelligent analysis — decision support — ecosystem collaboration", delivering timely, objective and continuous market data, industry dynamics, professional analysis and price assessments. During the track record period, the Company's operations covered 25 commodity industries, supported by more than 120,000 information sources globally, and through its self-developed data storage and classification framework, categorized data into price data, supply-demand fundamental data, forecast data, index data and other categories. Its business segments include information services, digital intelligence services, consulting services and exhibition services; as of 30 June 2026, the Company operated over 900 comprehensive and vertical industry research portals, covering approximately 1,200 commodity types, publishing approximately 95 commodity industry indices, and typically communicated with the market over 17,000 times and updated over 35,000 market price-related data points daily.

In terms of financials, for fiscal 2023, fiscal 2024, fiscal 2025 and the first six months of 2026, the Company recorded revenue of RMB 283.6 million, RMB 294.4 million, RMB 356.0 million and RMB 185.3 million respectively, with gross margins of 59.9%, 65.6%, 62.7% and 63.7%, net profits of RMB 52.1 million, RMB 70.5 million, RMB 71.1 million and RMB 41.3 million, and net margins of 18.4%, 23.9%, 20.0% and 22.3% respectively.

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