IPO速递丨鑫承等2家中企赴美递交IPO 申请纳斯达克上市

Core Viewpoint - Three companies submitted IPO applications to the SEC, with two from China seeking to list on NASDAQ, indicating a trend of Chinese firms entering the U.S. capital markets [1]. Company Summaries 1. Xin Cheng - Xin Cheng Consulting Limited, under Thrive Capital Group Co., Ltd, filed for an IPO with the ticker symbol EFTY, aiming to raise between $5.6 million and $8.4 million by offering 1.4 million shares at a price range of $4 to $6 per share [2][3]. - The company, headquartered in Hong Kong, provides comprehensive investor relations services, including public relations management and due diligence [3]. - Financial performance shows revenue growth from $630,000 in 2023 to $2.53 million in 2024, with net income increasing from $32,696 to $852,499 in the same period [3]. - The ownership structure indicates that Kit Shing Cheung holds 94.94% of the shares prior to the IPO [7]. 2. Hang Feng International - Hang Feng International Asset Management Limited, under Hang Feng Technology Innovation Co., Ltd, also filed for an IPO with the proposed ticker FOFO, seeking to raise $5.5 million by offering 1.38 million shares at $4 each [8][9]. - The company is based in Hong Kong and operates primarily in corporate management consulting and asset management services [9]. - Financial data reveals a revenue increase from $119,534 in 2023 to $2.03 million in 2024, with a turnaround in net income from a loss of $919,173 to a profit of $866,769 [10]. - Qian Fenglei holds 75.61% of the shares before the IPO [15].