Core Viewpoint - Flashback Technology has submitted an application for listing on the Hong Kong Stock Exchange, positioning itself as a leading player in the second-hand mobile phone recycling market in China, holding the third-largest market share [1] Company Overview - Flashback Technology operates the "Flashback Recycling" platform, collaborating with offline retail stores and online marketplaces to acquire second-hand mobile phones from individual consumers through trade-in programs [1] - The company processes the acquired second-hand phones through inspection, grading, and pricing technology, subsequently reselling them via the "Flashback Quality" online platform and third-party e-commerce platforms [1] - In addition to individual consumer services, Flashback Technology also engages in corporate recycling and offline bulk sales, providing value-added and after-sales services to participants in the value chain [1] Industry Insights - The mobile phone recycling rate in China has significant growth potential, indicating a gap compared to developed countries [1] - In the first half of 2025, Flashback Technology reported revenue of 809 million RMB and a loss of 24.63 million RMB [1]
闪回科技递表港交所 为中国第三大手机回收服务提供商
Zheng Quan Shi Bao Wang·2025-08-15 00:59