New stock news | Carrefour China submits application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on April 24, 2026, Carraro (China) Transmission Systems Limited (Carraro China) has submitted an application for listing to the Hong Kong Stock Exchange, with Bank of China International as the sole sponsor. The company is a China-based Tier 1 manufacturer, focusing on precision engineering and assembly of axles, gearboxes, and integrated transmission system solutions, primarily for off-highway construction and agricultural machinery, to enhance performance, efficiency, durability, and safety. As a Tier 1 supplier, the company directly delivers products to manufacturers of off-highway machinery and equipment. Carraro China is a subsidiary of Carraro Group, an industrial group based in Italy with nearly 100 years of experience in the design and manufacture of off-highway transmission systems.