New stock news | JuZhi Technology submits documents to Hong Kong Stock Exchange. The company's main business is baby monitoring equipment.
18/01/2025
GMT Eight
According to the disclosure by the Hong Kong Stock Exchange on January 17th, Polytech Innovation Technology Co., Ltd. (hereinafter referred to as Polytech Technology) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with China Huarong (International) as its exclusive sponsor.
According to the prospectus, the company is a manufacturer of maternal and child electronic products, mainly operating baby monitors, aiming to improve the quality of daily life for parents and babies. The company has named its brand "HelloBaby," which symbolizes a warm welcome to the arrival of babies, bringing joy and happiness to parents. After many years of hard work, the "HelloBaby" brand under the company has already established a good reputation in the field of maternal and child electronic products.
The company is fully committed to the maternal and child electronic products industry, focusing on research and development, design, manufacturing, quality control, marketing, and sales of baby monitors with different functions, features, and specifications. After many years of operation, the company's business has extended to major mainstream markets around the world, with a focus on North America and Europe. Since 2008, the company has been dedicated to developing 2.4GHz wireless digital audio and video baby monitor software to achieve stable and secure signal transmission, and has made significant progress. Through 2.4GHz wireless transmission technology, parents can instantly view and hear the baby's condition from a distance, as well as engage in two-way communication and environmental parameter monitoring. The company leverages its internal design and production capabilities to provide high-quality baby monitors to customers at competitive prices.
Financially, in the fiscal year 2022, fiscal year 2023, and the nine months of 2024, Polytech Technology recorded revenues of approximately 190 million yuan, 348 million yuan, and 349 million yuan, respectively. During the same period, the net profits were approximately 34.822 million yuan, 63.366 million yuan, and 72.102 million yuan, respectively.