New stock news | VisionArk Technology's Hong Kong IPO prospectus invalid

Tianjin Wangyuan Intelligent Technology Co., Ltd. (referred to as Wangyuan Technology) submitted its Hong Kong stock prospectus on September 28, 2025, which expired after 6 months on March 28, 2026, with China Securities Co., Ltd. International as the exclusive sponsor at the time of submission. The prospectus shows that Wangyuan Technology is a rapidly growing global leader in the field of research, design, production, and marketing of pool cleaning Siasun Robot & Automation, with strong brand value. According to the Zhaoshi Consulting report, based on the shipment volume of self-made products in 2024, the company is the top three globally and the number one in China for pool cleaning Siasun Robot & Automation suppliers, with the most comprehensive product portfolio equipped with the most advanced pool cleaning technology. Based on the shipment volume of self-made products in 2024, the company is also the pioneer and the largest supplier of wireless pool cleaning Siasun Robot & Automation globally.