New Shicoh Motor recently filed a listing application with the Hong Kong Stock Exchange, with CICC and Huatai International as joint sponsors. According to a Frost & Sullivan report, the company is China's largest optical image stabilization imaging motor supplier by 2024 revenue, holding a 20.1% market share. The prospectus shows the company achieved 2024 revenue of RMB 1.565 billion and swung to profitability with a net profit of RMB 105 million.
Hangzhou Diagens Biotechnology Co., Ltd. once again submitted an application for listing to the Hong Kong Stock Exchange on January 6. Relying on the world's largest parameter iMedImageTM medical imaging large model, the company firmly ranks as the leader in China's chromosome karyotype analysis market with a 30.6% market share.
Leadrive Technology recently filed a prospectus with the Hong Kong Stock Exchange for a Main Board listing, with CITIC Securities and Haitong International as joint sponsors. According to Frost & Sullivan, by installed capacity in the first three quarters of 2025, the company's motor controllers ranked eighth, dual-motor controllers ranked third; main drive power bricks ranked second, and power bricks for dual-motor controllers ranked first.
The public offering of MiniMax (00100.HK) is scheduled to close at 12:00 noon today (January 6). Data shows that the public offering tranche has recorded an over-subscription rate of around 1,350.75 times, with margin financing funds reaching approximately HK$283.143 billion. The company is expected to be listed on the Main Board of the Hong Kong Stock Exchange on January 9.
Mandi Inc. is required to supplement explanations on matters including the compliance of round-trip investment procedures, the basis for controlling shareholder identification, the full disclosure of the trustee controller structure and beneficiaries, data security management, and the compliance of domestic businesses with foreign investment access rules in its overseas listing filing. Lawyers shall conduct penetrating verification on the above matters and issue legal opinions.
Shanghai Sunmi Technology Group has obtained CSRC filing approval for its proposed Hong Kong IPO of up to 46,000,000 shares and conversion of 261,415,724 domestic shares held by 13 shareholders into H-shares for circulation. The filing is valid for 12 months, requires reporting of material events and post-listing details within 15 working days, and does not represent CSRC's endorsement of investment value or accuracy of materials.
Beijing Roborock Technology has obtained CSRC filing approval for its proposed Hong Kong IPO of up to 33,108,000 shares. The filing is valid for 12 months, requires reporting of material events and post-listing details within 15 working days, and does not represent CSRC's endorsement of investment value or accuracy of materials.
Hangzhou DESH Biological Technology has received CSRC filing approval for its proposed Hong Kong IPO of up to 31,004,000 shares and conversion of 80,880,000 domestic shares held by 27 shareholders into H-shares for circulation. The filing is valid for 12 months, requires reporting of material events and post-listing details within 15 working days, and does not represent CSRC's endorsement of investment value or accuracy of materials.
UISEE Technology (Beijing) has obtained CSRC filing approval for its proposed Hong Kong IPO of up to 18,914,150 shares and conversion of 112,264,250 domestic shares held by 41 shareholders into H-shares for circulation. The filing is valid for 12 months, requires reporting of material events and post-listing details within 15 working days, and does not represent CSRC's endorsement of investment value or accuracy of materials.
Beijing Haizhi Technology Group has received CSRC filing approval for its proposed Hong Kong IPO of up to 47,584,600 shares and conversion of 372,400,480 domestic shares held by 40 shareholders into H-shares for circulation. The filing is valid for 12 months, requires reporting of material events and post-listing details within 15 working days, and does not represent CSRC's endorsement of investment value or accuracy of materials.
Hongxing ColdChain (Hunan) Co., Ltd. launched its public offering on December 31, 2025, with an issue price of HK$12.26 per share, a board lot of 500 shares, and an entry cost of approximately HK$6,191.83. The company plans to raise approximately HK$252 million and is expected to list on January 13, 2026. As a leading enterprise in the cold chain market in Central China and Hunan Province, the company demonstrates strong regional competitive advantages and profitability through its integrated "warehousing + retail stores" business model. However, it also faces risk challenges such as high regional concentration of its business, continuous decline in operations at its northern base, intensified market competition, and short-term profit pressure brought about by expansion.
TwinSolution Technology recently filed for listing on the STAR Market, with Huatai United Securities as the sponsor. According to Yole data and the company's prospectus, its chip testing interface revenue ranked first in mainland China in 2024, with customers including NVIDIA, Apple and other well-known enterprises. Financial data shows the company's 2024 revenue was RMB 331 million, with a three-year compound annual growth rate of 41.54%, though net profit experienced fluctuations. The IPO proceeds are intended primarily for construction of testing interface and probe card production bases, R&D center projects, and working capital supplementation.
EACON Group recently filed another listing application with the Hong Kong Stock Exchange, with Guotai Haitong Securities as the sole sponsor. According to Frost & Sullivan, the company is China's largest provider of autonomous driving solutions for mining areas by number of active mining trucks and 2024 revenue. The prospectus shows 2024 revenue of RMB 986 million and a three-year compound annual growth rate of 305.8%, though net losses continued to widen during the reporting period.
EVE Energy Co., Ltd. (300014.SZ) formally submitted an application for a main board listing on the Hong Kong Stock Exchange on January 2, with CITIC Securities acting as the sole sponsor. The company is one of the few globally integrated lithium battery platform enterprises covering consumer, power, and energy storage batteries across all application scenarios. In 2024, it ranked second globally in energy storage battery shipments, while also maintaining leading positions in the consumer and power battery sectors.
OneRobotics (stock code: 06600.HK) was listed on the Hong Kong Exchanges and Clearing Limited (HKEX) on December 30. On the following day, its shares closed 9.21% higher at HK$80.65, with a market capitalization of nearly HK$18 billion, earning it the title of "the first AI Embodied Home Robot Stock". Founded in Shenzhen in 2015, the company is headquartered in the city and houses its global sales and intelligent computing hubs in Hong Kong, focusing on the R&D of AI home robots. It has secured strategic investment from the Hong Kong Investment Corporation Limited (HKIC) as well as early backing from renowned semiconductor experts Li Zexiang and Gao Bingqiang.
On December 30, 2025, Knowledge Atlas (02513.HK) officially launched its public offering, which will close on January 5, 2026, with an expected listing date of January 8, 2026. The offer price has been set at HK$116.20 per share, with a board lot of 100 shares, an entry cost of approximately HK$11,737.19, and a total fundraising amount of about HK$4.17 billion. Newtimespace observes that as one of the few domestic companies with full-stack, self-developed capabilities in large models, Knowledge Atlas is at the forefront in terms of technical prowess, open-source ecosystem, and commercialization efforts. However, it faces risks such as intense market competition and inclusion on the U.S. "Entity List," making its post-listing growth trajectory a key focus for market attention.
