New Stock News | Fresh Delivery at Sea Listed on Hong Kong Exchange as China's Leading Provider of Digital Solutions and Services for the Marine Fisheries Sector.

According to the disclosure of the Hong Kong Stock Exchange on November 27th, Ningbo OceanFresh Information Technology Co., Ltd. (referred to as "OceanFresh") has submitted an application to the Hong Kong Stock Exchange main board, with SUNNY FORTUNE as the exclusive sponsor. The prospectus shows that OceanFresh is a leading supplier of digital solutions and services for China's marine fishing industry. The company focuses on seafood and utilizes an online-to-offline sales model, making full use of the convenience of online platforms. Seafood buyers can scan products on the company's HSX APP market to get product details, as well as information on inspections and arrival times at relevant ports. To support the company's online-to-offline sales model, the headquarters is located in Fenghua District, Zhejiang Province, which is a marine fishing center. The company also has business layouts in major fishing ports in Zhejiang (Zhoushan, Fenghua, Xiangshan), Fujian (Fuzhou), Shandong (Weihai), Liaoning (Dandong), Jilin (Hunchun), and Guangxi (Beihai). The HSX APP has evolved into a data-driven digital B2B marine fishing market, with a large ecosystem that includes fishermen, seafood processors, seafood vendors, and fishmongers. As of August 31, 2025, there are over 50,000 registered users on the HSX APP. The app now mainly provides users with instant access to useful content such as seafood market trends, catch data, and marine weather conditions, and also serves as a portal for the company's online-to-offline services along the marine fishing supply chain, including seafood B2B commerce, ship fuel supply, cold chain logistics, and other auxiliary services. According to the CIC report, as of August 31, 2025, the company's HSX APP market is the largest digital B2B marine fishing data platform by registered users. With the success and innovative record of launching the HSX APP market, the company was awarded a contract by the Fenghua government in 2021 to develop the "Zhe Shi Hui Yu APP", which is the first government-owned satellite-based fishing vessel monitoring system to better manage marine fishing activities in the region. The company subsequently expanded the provision of fishing vessel monitoring systems for use by local fishermen in Fujian Province and other designated areas. According to the CIC report, based on the number of installed fishing vessels by 2024, the company is a leading supplier of fishing vessel monitoring systems in China. With its advanced data analysis capabilities, in August 2024, the company successfully obtained a contract from the Fenghua government to become an authorized user in the region, gaining the right to use public marine economic data in Fenghua District to establish an intelligent marine fishing platform to provide real-time catch and price analysis to the public. The directors believe that the company's analytical abilities can transform vast data into actionable insights, helping optimize marine fishing operations while promoting sustainable management practices. Financially, in the fiscal years 2022, 2023, 2024, and the first eight months of 2025, OceanFresh achieved revenues of approximately RMB 1.427 billion, RMB 914 million, RMB 1.006 billion, RMB 627 million, and RMB 579 million respectively. During the same period, net profits were RMB 34.123 million, RMB 35.803 million, RMB 43.865 million, RMB 3.853 million, and RMB 38.433 million respectively.