This week, the Hong Kong capital market has seen many positive developments. Within just one week, 15 companies have successfully listed on the Hong Kong Stock Exchange. Frost & Sullivan, our exclusive industry advisor, extends warm congratulations.Liwen Precision (2475.HK)、SanHuan Group (6951.HK)、Jinghe Integration (2249.HK)、Dingtai High-Tech (1377.HK)、Yikong Intelligent Driving (7687.HK)、Binhua Group (6745.HK)、Puyuan Electronics (0537.HK)、Basic Semiconductor (9971.HK)、Tongrentang (2667.HK)、Ruiwei Technology (7656.HK)、BaoGai New Material (8090.HK)Successfully listed on the Hong Kong Stock Exchange!
Eleven companies have chosen Frost & Sullivan as their trusted partner to provide exclusive industry advisory services. We value and appreciate the choice and trust of our clients, and will continue to provide professional services to help more companies achieve high-quality development in the capital market!
Frost & Sullivan has always been a leader in helping companies list on the Hong Kong stock market. According to LiveReport Big Data (data as of June 30, 2026), over the past 36 months and 12 months, and from January to June 2026, Frost & Sullivan provided listing industry advisory services for 212 (market share: 69%), 111 (market share: 71%), and 58 (market share: 69%) Hong Kong IPO companies, ranking first in terms of number of services. We possess rich industry experience and communication skills with regulatory bodies, exchanges, investment institutions, and related organizations.
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Liwen Precision Industrial Co., Ltd. (Stock Code: 2475.HK)
Liwen Precision Industrial Co., Ltd.On July 9, 2026, it successfully listed on the main board of the Hong Kong capital market. It is the largest new stock listed on July 9, with a market value exceeding 400 billion Hong Kong dollars. As a world-leading provider of precision intelligent manufacturing solutions, Liwen Precision has long focused on precision manufacturing. It has built an integrated manufacturing capability covering precision components, functional modules, and system integration, targeting core application areas such as consumer electronics, automotive, communications, and data centers. With advanced intelligent manufacturing capabilities, continuous technological development and investment, global production layout, and strong customer resources, the company has become a leading player in the global precision intelligent manufacturing industry. It has established long-term stable partnerships with many world-leading technology companies and continuously enhances its strategic position in the high-end manufacturing industry chain.
Frost & Sullivan also served one of the "three giants" in the Apple supply chainLanshi Technology,LongYiZuoSuccessfully listed in Hong Kong.

Chaozhou SanHuan (Group) Co., Ltd. (Stock Code: 6951.HK)
Chaozhou SanHuan (Group) Co., Ltd.On July 9, 2026, it successfully listed on the main board of the Hong Kong capital market. The company has been deeply involved in electronic ceramic materials and components for over 55 years. It focuses on the field of electronic ceramic materials and components, building four product portfolios including electronic and ceramic materials, electronic components, communication devices, and equipment components. Its business framework covers core application areas such as communication, AI and data centers, consumer electronics, automotive electronics, semiconductor manufacturing and packaging, new energy, and smart industrial control, including basic materials, key components, and high-end devices and components.

Hefei Jinghe Integrated Circuit Co., Ltd. (Stock Code: 2249.HK)
Hefei Jinghe Integrated Circuit Co., Ltd.On July 10, 2026, it successfully listed on the main board of the Hong Kong capital market. The company is a professional wafer foundry service provider. It mass-produces high-quality processed wafers based on waferless, light-wafer, and IDM companies' circuit design blueprints.

Guangdong Dingtai High-Tech Co., Ltd. (Stock Code: 1377.HK)
Guangdong Dingtai High-Tech Co., Ltd.On July 9, 2026, it successfully listed on the main board of the Hong Kong capital market. The company is a leading precision manufacturing solution comprehensive supplier. It provides tools, materials, and intelligent devices for key processes in the global PCB manufacturing value chain, including drilling, milling/forming, and other related precision manufacturing processes.

Yikong Intelligent Driving Technology Co., Ltd. (Stock Code: 7687.HK)
Yikong Intelligent Driving Technology Co., Ltd.On July 8, 2026, it successfully listed on the main board of the Hong Kong capital market. As one of the early enterprises entering the independent mining and transportation field, the company focuses on the commercial deployment of driverless solutions in the mining industry. Its solutions are designed specifically for large open-pit mines with complex mining environments, limited manpower supply, and strict safety requirements.

Binhua Group Co., Ltd. (Stock Code: 6745.HK)
Binhua Group Co., Ltd.On July 10, 2026, it successfully listed on the main board of the Hong Kong capital market. The company is a leading comprehensive chemical group in China. It has been deeply involved in the chemical industry for over fifty years, and many of its products are at the leading level in the industry.

Puyuan Electronics Technology Co., Ltd. (Stock Code: 00537.HK)
Puyuan Electronics Technology Co., Ltd.On July 9, 2026, it successfully listed on the main board of the Hong Kong capital market. The company is a leading Chinese electronic testing and measurement instrument company, with advanced technical capabilities and a global network.

Shenzhen Basic Semiconductor Co., Ltd. (9971.HK)
Shenzhen Basic Semiconductor Co., Ltd.On July 8, 2026, it successfully listed on the main board of the Hong Kong capital market. The company is a leadingThird-generation semiconductorcompany in China, focusing on the research and industrialization of silicon carbide power devices. It covers the entire industry chain in an IDM model, with advanced technology and rapid market growth. Its applications in new energy vehicles, photovoltaics, and energy storage are promising. It is the eighth largest provider of silicon carbide power semiconductor devices in China.

Beijing Tongrentang Medical and Care Investment Co., Ltd. (Stock Code: 2667.HK)
Beijing Tongrentang Medical and Care Investment Co., Ltd.On July 7, 2026, it successfully listed on the main board of the Hong Kong capital market. The company belongs to the Tongrentang Group and focuses on traditional Chinese medicine medical services. While providing comprehensive traditional Chinese medicine diagnosis and treatment services to individual consumers, it also offers standardized management services and diverse pharmaceutical products to corporate clients. Adhering to the concept of integrating medicine and care, the company provides suitable treatment plans through modern and personalized traditional Chinese medicine medical services, combining traditional Chinese medicine and non-pharmaceutical therapies, with support from a standardized management system to meet diverse needs.

Xiamen Ruiwei Information Technology Co., Ltd. (Stock Code: 7656.HK)
Xiamen Ruiwei Information Technology Co., Ltd.On July 8, 2026, it successfully listed on the main board of the Hong Kong capital market.Ruiwei Technologyis an AI company that provides visual intelligent technologies and products to corporate clients. Based on independently developed visual large models, deep learning-related technologies, multispectral imaging technologies, and software-hardware collaborative design capabilities, Ruiwei Technology provides a series of visual perception, visual cognition, and visual reasoning intelligent products, which are widely applied in different scenarios such as COMMERCIAL AVIATION, commercial spaces, and safe driving.

Shandong BaoGai New Material Technology Co., Ltd. (Stock Code: 8090.HK)
Shandong BaoGai New Material Technology Co., Ltd.On July 8, 2026, it successfully listed on the Hong Kong Stock ExchangeGEMGrowth Enterprise Market. The company is a leading professional manufacturer in China's composite material gasket industry, specializing in producing composite material gasket products used mainly for engineering and infrastructure needs.
During the process of companies listing in Hong Kong, Frost & Sullivan primarily undertakes the following tasks: helping issuers accurately and objectively understand their position in the target market, using objective market data to identify, support, and highlight the issuer's competitive advantages, assisting the issuer, investment banks, and other intermediaries in writing important sections of the prospectus (such as overview, competitive advantages and strategy, industry overview, business, etc.), helping the issuer communicate with the exchange and investors, assisting investors in quickly understanding the market ecosystem and competitive landscape, and assisting the issuer in responding to various questions about the industry from the exchange.
Since the Frost & Sullivan team began providing investment and financing advisory services to corporate leaders and management teams, it has helped nearly three thousand companies successfully list in Hong Kong and overseas. It is a leading enterprise in the domestic investment and financing strategic consulting field. Frost & Sullivan has long cooperated closely with globally renowned investment banks, accounting firms, law firms, investment institutions, and leading enterprises in the industry, establishing an efficient domestic investment and financing demand matching platform. It can quickly form a comprehensive consulting service team. Over the past 10 years, Frost & Sullivan has consistently held the leading position in the market share of professional industry advisors for Chinese enterprises to list in Hong Kong and overseas. In recent years, Frost & Sullivan reports have also been widely referenced in the prospectuses of leading A-share and STAR Market listed companies, as well as in primary and secondary market research reports and other capital market public documents.

