Group 1 - Shenzhen Xipuni Precision Technology Co., Ltd. officially listed on the Hong Kong Stock Exchange on September 30, 2023, becoming the second company from Luohu District to go public this year [1] - Xipuni is projected to be the largest gold watch brand in China by GMV in 2024, as well as the largest brand of gold-inlaid precious metal watches [3] - After opening, the company's stock price surged to 130.00 HKD, representing a 339.19% increase, and closed at 106.00 HKD, up 76.40 HKD with a trading volume of 245 million shares [3] Group 2 - The public offering of shares by Xipuni accounted for 10% of the total global offering, with a subscription rate of 2505.90 times; the international offering made up 90% of the total, with a subscription rate of 3.90 times [5] - Established in 2013, Xipuni is recognized as a national high-tech enterprise and a specialized and innovative small and medium-sized enterprise, focusing on the integration of precious metal material research and precision watchmaking technology [8] - The company operates in the design, research and development, manufacturing, and sales of precious metal watches and fine jewelry, aiming to create mid-to-high-end precious metal wearable products [8] Group 3 - Xipuni has over 150 laboratory-grade precision instruments and has set up R&D centers and production bases in Longgang, Shenzhen, and Putian, Fujian, covering over 10,000 square meters [8] - The chairman and executive director, Li Yongzhong, stated that the successful listing in Hong Kong marks a new starting point for the company's development and recognition by the international capital market [8] - The Luohu District has been optimizing its enterprise service system, transitioning from passive to proactive support for business development, particularly for innovative and specialized enterprises [11]