New stock news | Gramile submitted an application to the Hong Kong Stock Exchange.

According to the disclosure on January 29 by the Hong Kong Stock Exchange, Gemilai Holdings Limited (referred to as Gemilai) has submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. The prospectus reveals that Gemilai is a leading professional coffee machine enterprise in China, distributing products to over 60 countries and regions worldwide, with sales exceeding 2 million units. According to Frost & Sullivan, in terms of revenue, the company is the second largest brand in the Chinese coffee machine industry, and also the largest brand domestically, with a market share of approximately 7.5% in 2024. Also in the same year, in terms of revenue, the company is the largest brand in the Chinese semi-automatic espresso machine industry, with a market share of approximately 16.0%, and is also the largest brand in the separate semi-automatic espresso machine industry, with a market share of approximately 27.9%.