New stock first day | (02687) First listed in the morning opened 23.85% higher The company is committed to providing digital teaching solutions for higher education institutions.

(02687) listed on the stock market, the announcement shows that the price per share is 67.50 Hong Kong dollars, with a total of 6.667 million shares issued, 100 shares per lot, resulting in a net amount of approximately 394 million Hong Kong dollars. As of the time of drafting, it has risen by 23.85% to 83.6 Hong Kong dollars, with a transaction amount of 74.0574 million Hong Kong dollars. Public information shows that it is a well-known Chinese higher education institution teaching digital solutions provider, dedicated to providing and delivering digital educational content, digital teaching environment services, and products for higher education institutions. The company's products and services cover all important aspects of teaching, learning, practice, assessment, evaluation, and management. According to Frost & Sullivan data, based on the 2024 revenue calculation, the total market share of the top five companies is 12.9%. Chinese higher education institutions include universities and vocational colleges. According to Frost & Sullivan data, in 2024, the company ranks second in revenue among all companies in the Chinese higher education digital teaching market, with a market share of 4.0%; and ranks first in revenue among all companies in the Chinese higher education digital teaching content production market, with a market share of 7.3%.