New stock news | Sturgeon Technology submits application to Hong Kong Stock Exchange again

According to the Zhitong Finance APP, the Hong Kong Stock Exchange disclosed on May 4th that Hangzhou Qiandaohu Xunlong Technology Co., Ltd. (referred to as Xunlong Technology) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC Securities and CITIC CLSA as joint sponsors. It is reported that Xunlong Technology had previously submitted a listing application to the Hong Kong Stock Exchange on October 30, 2025. The prospectus shows that Xunlong Technology is the world's largest caviar company. According to data from Zhuoshizixun, the company has been the world's number one in caviar sales for 11 consecutive years since 2015. From 2021 to 2025, the company's caviar sales have consistently accounted for over 30% of the global market, reaching 36.1% in 2025, more than four times that of the world's second largest company. The company has successfully built a value chain for sturgeon breeding and aquaculture, caviar processing, sales, and brand marketing. The company has established the international caviar brand "KALUGAQUEEN".