Company Overview - Pinecone Wisdom has submitted a listing application to the Hong Kong Stock Exchange, with Huatai International as the sole sponsor [1] - The company is a Chinese shared electric bike service provider, focusing on shared electric bike services, platform services, advertising services, and the sale of electric bikes and spare parts [1] Market Position - As of December 31, 2024, Pinecone Wisdom is the largest shared electric bike operator in China's peripheral development areas and ranks fourth in the overall Chinese market [1] - By September 30, 2025, the company has deployed 454,627 shared electric bikes across 422 cities and counties nationwide [1] User Growth - The total number of registered users increased from 99 million on December 31, 2023, to 128.3 million by September 30, 2025 [1] Market Trends - The Chinese shared electric bike market is expected to grow significantly, with the overall market size projected to increase from 16.6 billion RMB in 2024 to 108.3 billion RMB by 2032, reflecting a compound annual growth rate (CAGR) of 26.4% [1] - Both peripheral development areas and urban district markets are experiencing strong growth [1]
Pinecone Wisdom递表港交所 华泰国际为独家保荐人
Zheng Quan Shi Bao Wang·2026-01-05 00:20