In 2024, 7 New Third Board companies will be listed in Hong Kong, with a total of 74 companies currently listed.

Ryan Capital released a statement stating that since Huatu Education, the first New Third Board company (including those delisted, still listed, or controlling New Third Board companies, collectively referred to as New Third Board companies) submitted an application for listing in Hong Kong on March 22, 2018, as of January 9, 2025, a total of 74 New Third Board companies (excluding 3 still listed on the New Third Board, the other 71 have been delisted) have successfully listed in Hong Kong through various means such as H shares, New Third Board + H shares, red chips, red chips + VIE. In 2024, at least 18 New Third Board companies are aiming to list in Hong Kong. I. New Third Board companies currently listed in Hong Kong (74 companies) As of January 9, 2025, since April 30, 2018, a total of 74 (71 main board, 3 GEM) New Third Board companies have listed in Hong Kong through IPO, raising a total of approximately HK$73.543 billion, accounting for 9.1% of the total number of listed companies (813) and 4.7% of the total IPO funds raised (approximately HK$1.5453 trillion) during the corresponding period. Among them, there are 21 New Third Board companies that have raised over US$100 million, with only 2 companies raising over US$1 billion, namely SMOORE INTL (06969) raising HK$8.19 billion and SUNAC SERVICES (01516) (formerly New Third Board company Kaiyuan Property) raising HK$8.004 billion. Of the total 74 companies, 3 are still listed on the New Third Board, namely: CONTIOCEAN (02613), TIAN TU CAPITAL (01973), and the holding company Shan An Lantian of SHANXI INSTALL (02520). II. New Third Board companies listed in Hong Kong in 2024 (7 companies) In 2024, a total of 7 New Third Board companies listed in Hong Kong, accounting for 9.9% of the total number of listings last year. These 7 New Third Board companies raised a total of HK$1.688 billion, accounting for 2.3% of the total IPO funds raised last year. In addition, on January 9, 2025, CONTIOCEAN (02613) just listed in Hong Kong. III. New Third Board companies submitting documents in Hong Kong since 2024 (8 companies) In 2024, a total of 8 New Third Board companies submitted prospectuses to the Hong Kong Stock Exchange, with Zhengxin Radio and Television currently temporarily inactive. In January 2025, Jinyan Gaoxin also submitted documents to the Hong Kong Stock Exchange. IV. New Third Board companies announced to list in Hong Kong in 2024 (3 companies) In 2024, 3 New Third Board companies officially announced their intention to list in Hong Kong, with Jinyan Gaoxin just submitting documents to the Hong Kong Stock Exchange. V. Rumored New Third Board companies listing in Hong Kong (1 company) In addition, there are rumors in the market that Peinuo Group (834290.BJ) intends to list in Hong Kong.