Core Viewpoint - Shandong Baogai New Material Technology Co., Ltd. (Baogai New Material) plans to list on the Hong Kong GEM (Growth Enterprise Market), marking a new phase in its capital journey [2][8] Company Overview - Established in 2009, Baogai New Material is located in Zibo Economic Development Zone and specializes in the R&D, production, and sales of polymer composite material covers, including cable trench covers, drainage covers, and manhole covers [2][4] - The company has achieved significant recognition, ranking first in the domestic cable trench cover and GFRP cable trench cover market by market share, and third in the overall cover market [4] Financial Performance - In 2023, 2024, and the first half of this year, Baogai New Material reported revenues of 137 million yuan, 131 million yuan, and 46 million yuan, respectively, with net profits of 25.22 million yuan, 21.62 million yuan, and 5.127 million yuan [5] - The funds raised from the IPO will be allocated to establish production lines for carbon fiber reinforced polymer (CFRP) prepregs and products, upgrade existing production lines with automation technology, enhance R&D capabilities, and expand global sales and market networks [5] Growth and Development - The company has evolved from a focus on single product manufacturing to a diversified development model, having pioneered composite cable trench covers and high-speed covers [6] - Baogai New Material has received over 100 intellectual property rights and various honors, including recognition as a national high-tech enterprise and a "specialized, refined, distinctive, and innovative" enterprise at the provincial level [6] - The company currently operates three production bases in Shandong and Shaanxi, establishing a nationwide production system [6] Future Prospects - The upcoming listing on the Hong Kong stock market is expected to enhance Baogai New Material's capabilities to grow and strengthen its market position [8]

日前，北京讯众通信技术股份有限公司（以下简称"讯众股份"）于港交所披露聆讯后招股书，距离登陆 香港主板IPO仅一步之遥。 这些公司也在积极抢滩 除了讯众股份外，还有多家新三板公司也在积极冲刺港股上市，抢滩 "新三板+H股"赛道，包括印象股 份、金浔股份、宝盖新材等。 印象股份日前公告发行H股已收到备案通知书。根据备案通知书，中国证监会对公司拟发行不超过 4151.5万股境外上市普通股并在港交所上市进行了备案。公司主营业务是文化旅游项目的组织、管理与 运营，依托于项目所在地武夷山风景名胜区独特的旅游资源及地理条件。主要产品和服务为文化旅游项 目、山水实景演出。 作为中国规模领先的全栈式云通信服务提供商，若此次上市成功，讯众股份将成为继天图投资、汇舸环 保之后，又一家实现"新三板+H 股"两地挂牌的企业。 近期港股IPO市场中，多家新三板关联企业冲刺上市进展明显：印象股份、金浔股份、宝盖新材等企业 相继披露上市动态，积极抢滩 "新三板+H股" 赛道。 新三板云通信龙头冲刺港股上市 讯众股份目前为新三板挂牌公司，主要提供三类解决方案：云通信服务、智能通信解决方案、其他通信 解决方案以及配件。通信平台即服务，亦称为C ...