New stock news: Guangdong CHJ Industry (002345.SZ) submitted to the Hong Kong Stock Exchange that by 2024, it will be ranked first among fashion jewelry companies in mainland China.

According to the disclosure by the Hong Kong Stock Exchange on September 12th, Guangdong CHJ Industry Co., Ltd. (referred to as Guangdong CHJ Industry(002345.SZ)) has submitted an application for listing on the Hong Kong Stock Exchange's Main Board, with CITIC SEC as its exclusive sponsor. The prospectus shows that Guangdong CHJ Industry established its flagship jewelry brand CHJ Guangdong CHJ Industry in 1997, using it as the cornerstone of its business to lead the fashion trend. Today, the company has become a model of "national innovation" in the jewelry industry in mainland China. Based on the national intangible heritage flower thread technique, the company commercialized traditional crafts and reinterpreted cultural symbols, winning numerous awards in design and craftsmanship. In 2023, the company was selected by Forbes as the "national innovative brand" in the mainland China jewelry industry. Guangdong CHJ Industry believes that its brand breaks the traditional jewelry paradigm with a "dual-drive of culture and design" - it is not only a jewelry manufacturer but also a transmitter of Chinese aesthetic confidence. The company's brand is characterized by "youthful and fashionable" positioning, establishing a differentiated brand image and product matrix. Today, the company has become a leading fashion jewelry brand in mainland China, ranking first in terms of sales revenue among many jewelry companies in mainland China in 2024 with a market share of 1.4%, according to Frost & Sullivan data. Additionally, the company focuses on the mid-to-high-end market and has become a leading jewelry brand with a unique product portfolio. CHJ Guangdong CHJ Industry has been selected as one of the "China's Top 500 Most Valuable Brands" for 21 consecutive years. In 2024, the company was named as one of the "Top 500 Brands in Asia" by the World Brand Laboratory. The jewelry business has been the core business of the company during the performance period, contributing approximately 90% of total revenue. The company has formulated a synergistic strategic brand layout with CHJ Guangdong CHJ Industry as the core engine, providing diversified products through distinctive brands, including CHJ Guangdong CHJ Industry, Guangdong CHJ Industry|Souffl, and CHJ ZHEN. The company has also developed a new brand Cvol specializing in the emerging cultured diamond jewelry market to meet the needs of different customers. To enhance its jewelry product portfolio, the company acquired FION in 2014, a brand that mainly sells fashionable handbags targeting young consumers. As of June 30, 2025, the company had a total of 1,542 offline jewelry stores. Specifically, the company's sales network includes 201 self-operated stores and 1,337 franchise stores in over 200 cities nationwide, as well as four overseas stores, including one self-operated store in Malaysia, one franchise store in Thailand, and two franchise stores in Cambodia. The company uses a dual strategy of self-operated and franchise stores to establish sales points, leveraging the advantages of both operation strategies to drive growth. Financially, for the fiscal years 2022, 2023, 2024, and the six months ended June 30, 2025, Guangdong CHJ Industry achieved revenues of approximately RMB 4.364 billion, RMB 5.836 billion, RMB 6.452 billion, and RMB 4.062 billion respectively; and profits of approximately RMB 205 million, RMB 330 million, RMB 169 million, and RMB 333 million respectively.