New Stock First Day | Feishui Innovation (03355) First Listed in Early Trading, Opening up 34.62% The company is the world's second largest online DTC network solution provider.

Feisu Innovation (03355) has been listed, according to the announcement, the price per share is HK$41.6, with a total of 40 million shares issued, 100 shares per lot, and the net proceeds are approximately HK$1.434 billion. As of the time of writing, it has risen by 34.62% to HK$56, with a turnover of HK$320 million. According to data from Frost & Sullivan, based on the 2024 revenue, Feisu Innovation is the world's second largest online DTC network solution provider with a market share of 6.9%. The company's network solutions enable global enterprises to achieve efficient digital transformation. Through the company's online sales platform FS.com, the company provides scalable, cost-effective, and one-stop network solutions. The company's solutions range from high-performance network equipment, scalable network device operating systems, to cloud network management platforms. The company's solutions support scenarios including high-performance computing, data centers, enterprise networks, and telecommunications, with a platform-based, online-enabled approach, meeting global customers' needs for enterprise-grade high-performance network solutions and basic performance network solutions.