New Stock News | Jinyan Gaoxin, Haiqing Wisdom intends to list on the Hong Kong Stock Exchange and has submitted materials to the China Securities Regulatory Commission.

On August 22, the China Securities Regulatory Commission released a table of the situation of domestic companies issuing securities overseas and filing for listing (initial public offerings and full circulation) (as of August 22, 2025). This week (August 18-22), new companies such as Jinyan Gaoxin and Haiqing Zhiyuan planned to have their IPOs in Hong Kong and the materials were accepted by the China Securities Regulatory Commission. At the same time, new companies Leshushi and Manycore Tech Inc. planned to have their IPOs in Hong Kong, with the listing filing status at the China Securities Regulatory Commission being "supplementary materials." According to the prospectus, Jinyan Gaoxin specializes in coal-based kaolin in China, having integrated capabilities across the entire value chain from mining, research and development, processing, production, to sales. As a major producer of calcined kaolin products in China, the company's business relies on its rich and high-quality coal-based kaolin mineral resources. The company's products mainly include materials for precision casting and refractory use, which are important materials for precision casting molds and refractory materials. The company also sells raw coke and powder, which customers can further process. Haiqing Zhiyuan is a leading multi-spectral AI technology company in China. Leveraging its proprietary technology in multi-spectral sensing and AI algorithms, the company provides products and services that can detect both visible and invisible physical information to the human eye. These products and services include multi-spectral AI modules, multi-spectral AI perception terminals, and multi-spectral AI large model services. The company's solutions achieve higher-dimensional perception and security monitoring, providing additional information for various customers engaged in software and information technology services, electronic products, internet data centers, intelligent driving systems, telecommunications operators, the internet of things, system integration, and construction related businesses regarding general safety and intelligent perception. According to the prospectus, Leshushi is a multinational company focusing on rapidly developing emerging markets in Africa, Latin America, Central Asia, etc., primarily engaged in the development, manufacturing, and sales of baby diapers, baby pull-up pants, sanitary napkins, wet wipes, and other baby and women's sanitary products. During the reporting period, most of the company's revenue came from sales to African customers. According to the prospectus, Manycore is a leading cloud-native spatial design software provider, with products widely used in business scenes ranging from residential and office buildings to retail stores and commercial projects. The company's software is driven by artificial intelligence (AI) technology and specialized graphics processing unit (GPU) clusters, allowing designers and businesses to create engaging designs and experience them through real-time and immersive visual effects.