Core Viewpoint - Ningbo Haishangxian Information Technology Co., Ltd. (referred to as Haishangxian) has submitted its application to list on the Hong Kong Stock Exchange, with SUNNY FORTUNE as the sole sponsor [1]. Company Overview - Haishangxian is a leading provider of digital solutions and services for the marine fishery industry in China, focusing on seafood and utilizing an online-to-offline sales model [3]. - The company’s headquarters is located in Fenghua District, Zhejiang Province, a marine fishery hub, and it has established operations in major fishing ports across Zhejiang, Fujian, Shandong, Liaoning, Jilin, and Guangxi [3]. Product and Service Offering - The HSX APP has evolved into a data-driven digital B2B marine fishery marketplace, with over 50,000 registered users as of August 31, 2025, providing access to market trends, catch data, and maritime weather conditions [3]. - The app serves as a portal for various services along the marine fishery supply chain, including B2B seafood commerce, marine fuel supply, cold chain logistics, and other ancillary services [3]. Government Contracts and Innovations - In 2021, the company was awarded a contract by the Fenghua government to develop the "Zheli Huiyu APP," the first government-owned satellite-based fishing vessel monitoring system [4]. - The company has expanded its monitoring system offerings to local fishermen in Fujian Province and other designated areas [4]. Financial Performance - The company reported revenues of approximately RMB 1.427 billion, RMB 914 million, RMB 1.006 billion, RMB 627 million, and RMB 579 million for the fiscal years 2022, 2023, 2024, and the first eight months of 2024 and 2025, respectively [4][6]. - Net profits for the same periods were RMB 34.12 million, RMB 35.80 million, RMB 43.87 million, RMB 3.85 million, and RMB 38.43 million [4][6].