TOPSUN(SZ:002779) Zheng Quan Shi Bao Wang·2025-11-26 00:47Core Insights - Zhongjian Technology has submitted a listing application to the Hong Kong Stock Exchange, with Ping An Securities (Hong Kong) and Guotai Junan Securities (Hong Kong) as joint sponsors [1] Company Overview - Zhongjian Technology is a high-tech enterprise primarily engaged in the research, design, production, and sales of outdoor power equipment, including wheeled outdoor equipment (such as riding and push lawn mowers) and handheld outdoor tools (such as chainsaws and brush cutters) [1] - The company ranks among the top ten outdoor power equipment manufacturers in China based on global revenue projections for 2024 [1] Market Potential - The global outdoor power equipment market is substantial and continues to grow, expected to reach USD 32 billion by 2029 [1] - The smart lawn mower and intelligent robot markets show significant potential, with projected compound annual growth rates of 51.8% and 118.9% from 2024 to 2029, respectively [1] Business Expansion - Zhongjian Technology is expanding its business scope by focusing on the research and manufacturing of advanced intelligent robots, having successfully launched its first smart lawn mower, UNICUT H1, and quadruped robot, Lingrui P1, in August 2024 [1]