New stock news | Knowledge-focused productivity tool brand Wenzhi Information submits application to Hong Kong Stock Exchange, covering customers from over 100 countries and regions.

According to the disclosure of the Hong Kong Stock Exchange on January 16, Guangzhou Boyue Information Technology Co., Ltd. (referred to as: Boyue Information) submitted its listing application to the Hong Kong Stock Exchange, with China Securities Co., Ltd. International as its exclusive sponsor. Company Profile According to the prospectus, Boyue Information is a global leader in the knowledge-focused productivity tools industry, dedicated to empowering global knowledge workers to efficiently gain deep insights from textual information through a combination of software and hardware tools, providing a wide range of consumer-grade eye-protection reading and writing product portfolios, and leading in sales in open systems, color displays, and fast brushing. According to Frost & Sullivan data, based on retail revenue in 2024, the company is the second largest globally and the largest in China in the knowledge-focused productivity tools brand. As of September 30, 2025, Boyue Information serves customers in more than 100 countries and regions, and BOOX OS has nearly a million monthly active users. Among the early BOOX OS seed registered users who bound their devices to their accounts, approximately 38.5% remained active after nearly nine years. Financial Information Revenue For the nine months ended September 30, 2023, 2024, and 2025, the company's revenue was approximately RMB 804 million, RMB 1.018 billion, and RMB 799 million, respectively. Profit for the Year/Period For the nine months ended September 30, 2023, 2024, and 2025, profits for the year/period were approximately RMB 124 million, RMB 121 million, and RMB 103 million, respectively. Gross Margin For the nine months ended September 30, 2023, 2024, and 2025, the gross margins were 33.5%, 36.9%, and 39.2%, respectively. Industry Overview In terms of the overall market size, the global market for knowledge-focused smart tools has been growing steadily in recent years. From 2020 to 2024, the global market size increased from RMB 27.7 billion to RMB 56.9 billion, with a compound annual growth rate of about 19.7%. Market growth is mainly driven by the increasing demand for text-intensive processing in learning and knowledge work scenarios, continuing digitalization of education and professional documents, and product form and configuration upgrades. During the forecast period, with the increasing penetration rate of reading and writing integrated products, the gradual maturity of color display solutions, and the increased contribution of software and service functions in terminal use, the market size is expected to grow from RMB 70.5 billion in 2025 to RMB 115.6 billion in 2030, with a compound annual growth rate of about 10.4%. According to the revenue from device sales and the revenue ecosystem from software and services deeply integrated into terminal devices, the global market size for knowledge-focused productivity tools increased from RMB 10.7 billion in 2020 to RMB 29.1 billion in 2024, with a compound annual growth rate of about 28.4%. In 2024, driven by new product iterations, upgrades in product portfolios, and expansion of distribution channels, the market size achieved a year-on-year growth. During the period, the expected market size to grow from RMB 39.7 billion in 2025 to RMB 82.1 billion in 2030, with a compound annual growth rate of about 15.6%. Board of Directors Information The board of directors currently consists of eight directors, including five executive directors and three independent non-executive directors. Ownership Structure As of the last practicable date, (i) Ms. Dan directly owns 27.33% of the company's total issued share capital; (ii) Ms. Dan controls 42.05% of the company's total voting rights through the employees' holding platform, jointly established by the company and Business Boyue, where Ms. Dan is the executive director and general manager of Business Boyue and owns 99% of the equity; (iii) Mr. Zhu directly owns 12.62% of the company's total issued share capital; and (iv) Mr. Zhai directly owns 2.10% of the company's total issued share capital. Intermediary Team Exclusive Sponsor: China Securities Co., Ltd. (International) Financing Limited Company Legal Advisors: Sidley Austin LLP, Zhong Lun Law Firm Exclusive Sponsor Legal Advisors: Jia Yuan Law Firm, Jintiancheng Law Firm Auditors and Reporting Accountants: Ernst & Young Industry Consultants: Frost & Sullivan (Beijing) Consulting Co., Ltd. Shanghai Branch Compliance Advisors: Hony Capital Limited