New Stock News | Lexin Outdoor Hong Kong IPO Prospectus Invalid

Leixin Outdoor International Limited (Leixin Outdoor for short) submitted its Hong Kong IPO prospectus on November 15, 2024, which expires after 6 months on May 15, 2025. When submitting the prospectus, CICC served as its exclusive sponsor. The prospectus shows that Leixin Outdoor is a global leader in innovation in the outdoor fishing equipment industry. The company believes that fishing is not just an outdoor activity, but also a way to explore the world, enjoy life, and connect with oneself and nature. The company aims to continuously introduce high-quality fishing equipment suitable for different fishing scenes around the world, enhance the fishing experience, and allow more people around the world to enjoy the unique joy brought by fishing activities. According to Frost Sullivan data, based on revenue in 2023, Leixin Outdoor is the world's largest fishing equipment manufacturer with a market share of 20.4%. The company currently focuses on fishing equipment and has established a comprehensive and diverse product portfolio, mainly including hardware and accessories, bags and tents.