Core Viewpoint - Zhonghao Marine Development Holdings Limited has successfully listed on the Hong Kong Stock Exchange, becoming the first Chinese company in the smart tea industry to enter the international capital market, marking a significant milestone for the company and the industry [1][3]. Company Summary - The company founder and chairman, Hu Yuxi, emphasized that the listing is a recognition of Zhonghao's innovative model of "smart technology + marine economy" and aims to leverage Hong Kong's financial advantages to accelerate global resource integration [1]. - The company has developed a complete industrial ecosystem from deep-sea tea gardens to smart tea tables, addressing industry pain points with its unique "marine cold chain + blockchain traceability" system, which is seen as a significant investment opportunity [3]. - The funds raised from the IPO will be allocated to three main areas: establishing an overseas smart tea beverage R&D center, expanding the Pacific Rim cold chain storage network, and setting up an international tea culture dissemination fund [3]. Industry Summary - The global ready-to-drink tea market is growing at an annual rate of 18%, yet the overseas penetration rate of smart tea equipment is still below 5%, indicating substantial growth potential [3]. - The successful listing of Zhonghao marks the beginning of a new phase for the traditional Chinese tea industry, transitioning into a "technology going global" era, showcasing the integration of traditional culture with modern technology [5].