On the evening of February 23, 2022, the launching ceremony of Frost & Sullivan Jieli (Shenzhen) Cloud Technology Co., Ltd. (hereinafter referred to as 'Cloud Tech') was successfully held at the Renaissance Shenzhen Luohu Hotel.Cloud Technology was jointly established by the mainland affiliates of Frost & Sullivan (hereinafter referred to as 'Frost & Sullivan') and TradeGo Financial Technology Co., Ltd. (08017.HK, hereinafter referred to as 'TradeGo'), aiming to provide Hong Kong-listed companies planning to go public or those already listed with one-stop full-cycle investor relations management and comprehensive investment and financing services including precise promotional roadshows and public offering assistance. The company is fully committed to the dissemination and realization of its corporate value.
At the launch ceremony, Dr. Wang Xin, Global Partner and President of Frost & Sullivan Greater China, Mr. Liu Yong, Chairman of TradeGo's Board of Directors, Mr. Wan Yong, Executive Director of TradeGo and Chairman of Cloud Technology, and Mr. Wang Chenhui, Managing Partner and Executive Vice President of Frost & Sullivan Greater China, jointly lit the start ball.
Dr. Wang Xin, Global Partner at Frost & Sullivan and President of the Greater China Region, said,TradeGo and Frost & Sullivan jointly established CloudTech, a natural progression following years of in-depth collaboration and continuous improvement.In the future, cloud technology will form a clear division of labor with Frost & Sullivan and TradeGo's existing businesses to create an 'iron triangle'. Together, we aim to make positive contributions to the development of Hong Kong's capital market, accelerate the growth pace of listed companies in the capital market, and achieve a benchmark position in all aspects of growth and innovation.
Mr. Wan Yong, Executive Director of TradeGo and Chairman of Cloud Technology, said,Both TradeGo and Frost & Sullivan are well-known enterprises in the Hong Kong financial services market and leading companies in their respective segments. The establishment of CloudTech is an important achievement of the strategic cooperation between Frost & Sullivan and TradeGo, marking a significant milestone in the development of both parties' businesses.Cloud Technology will cooperate with various capital market institutions to fully promote the success and glory of listed companies in the capital market.
Frost & Sullivan'As a global growth consulting firm, it is a leading enterprise in the field of domestic investment strategy consulting. It has helped nearly a thousand companies successfully list on the Hong Kong stock market and overseas. After more than 60 years of accumulation, it has formed a market-leading competitive edge in terms of research data, market resources, service experience, etc. It has ranked first in market share for IPO industry research consultants in Hong Kong stocks for many consecutive years, holding an absolute leading position.
'TradeGo'It is a listed fintech company in Hong Kong, providing market quotation trading products for over 140 Hong Kong brokers. It covers nearly 50% of the more than 3 million Hong Kong stock transactions and new share investors, assisting more than 50 Hong Kong new share companies in successful offerings. It holds an important position in the public offering assistance services of the Hong Kong capital market.
The joint establishment of the cloud technology platform by both parties this time will deeply integrate their core strengths. Through concerted efforts, it will provide comprehensive and all-round capital market services that are digital, online, and compliant during the process of assisting enterprises with IPOs. This will help enterprises steadily develop leveraging the capital market and promote leapfrog development for advantageous enterprises through capital market support.
