New stock first day | Lexin Outdoor (02720) first listed in the morning session opened 96.08% higher. The company is the world's largest fishing equipment manufacturer.

Luckyoutdoor (02720) made its debut on the market, with an announcement showing a price of HK$12.25 per share, issuing a total of 28.205 million shares, with 500 shares per lot, resulting in a net amount of approximately HK$285 million. As of the time of this report, the stock price has increased by 96.08% to HK$24.02, with a turnover of HK$93.8286 million. Public information shows that Luckyoutdoor is a global leader in the fishing equipment industry. According to data from Frost & Sullivan, based on revenue in 2024, Luckyoutdoor is the world's largest fishing equipment manufacturer with a market share of 23.1%, ranking first among the top five manufacturers (combined market share of the top five manufacturers is 34.7%). In the Chinese market, its market share has steadily increased from 23.4% in 2022 to 28.4% in 2024, continuously consolidating its industry-leading position. In terms of product layout, Luckyoutdoor has built a rich product line covering bed chairs and accessories, fishing chairs, fishing beds, fishing rod holders, fishing trolleys, and fishing boxes, through its strong innovation capabilities and global layout. With over 10,000 SKUs, they can meet the diverse needs of scenarios such as carp fishing, competitive fishing, lure fishing, fly fishing, ice fishing, etc.