IPO Plus - IPO

Name▼ / Code▼	Industry	Offer Price	Lot Size	Entry Fee	Closing Date	Grey Market Date▼	Listing Date▲
Newtrend Group 02573.HK	Food Additives	18.9-20.9	200	4,222	2025/06/05	2025/06/09	2025/06/10
MetaLight 02605.HK	N/A	9.75	400	N/A	2025/06/05	Data is not available	2025/06/10
Rongta Technology 09881.HK	Advanced hardware and software	10-12	500	6,061	2025/06/05	2025/06/09	2025/06/10

Name▼

Code▼

Industry

Offer Price

Lot Size

Entry Fee

Closing Date

Grey Market Date▼

Listing Date▲

Newtrend Group
02573.HK

Food Additives

18.9-20.9

200

4,222

2025/06/05

2025/06/09

2025/06/10

MetaLight
02605.HK

N/A

9.75

400

N/A

2025/06/05

Data is not available

2025/06/10

Rongta Technology
09881.HK

Advanced hardware and software

10-12

500

6,061

2025/06/05

2025/06/09

2025/06/10

Summary

We are an Automatic Identification and Data Capture (AIDC) devices and solutions provider with a global sales network, dedicated to the design, R&D, manufacturing and marketing of printing equipment, scales, POS terminals and PDAs. We strive to assist businesses and individuals to continuously improve efficiency and accuracy in day-to-day operation and daily lives through introduction of AIDC devices and functionality like IoT technology, cloud-based printing and AI integration. In addition to our ability to provide customised products tailored to our customers’ specific requirements, as at the Latest Practicable Date, we offered more than 100 standardised products which are widely used in different industries including but not limited to retail, education, catering, logistics, warehousing, manufacturing, hospitality, medical and environmental industries. AIDC refers to a variety of technologies applied to automatically identify objects, collect relevant data and enter data directly into computer systems without human intervention. AIDC systems are used to manage data in relation to inventory, delivery, assets, security and logistics, and can significantly increase efficiency and accuracy by reducing processing time, labour and human error. Core AIDC technologies including barcode scanning, smart cards and magnetic stripe cards, optical character recognition, RFID scanning and biometric systems are directly engaged in the process of reading or collecting data from items, individuals, or environments, and then capturing that data for further processing. Further, printing systems and printing technology, particularly specialty printers, are used to generate machine-readable barcodes, labels, and other markers that are integral to the identification and tracking processes within AIDC workflows. Our established international sales network consists of direct sales and sales to distributors. During the Track Record Period, our products were sold to not less than 30 provinces, municipalities and autonomous regions in China, including but not limited to Beijing, Fujian, Jiangsu, Zhejiang, Sichuan and Guangdong, and over 140 countries, including but not limited to the United States, Malaysia, Spain, France, Argentina, Brazil and the United Arab Emirates. The group companies of both (i) a Fortune 500 company headquartered in the United States and listed on NASDAQ which is primarily engaged in aerospace technologies, building automation, energy and sustainability solutions, and industrial automation; and (ii) a company based in the PRC which is engaged in the sales of a leading brand of portable study printers in the PRC were our top five customers for each of FY2022, FY2023 and FY2024. Over years of operation, we have developed capability to design and develop customised products in response to our customers’ specific requests and needs, which allows our products to be applied in a variety of sectors. Our business model is a combination of sales of standardised “RONGTA” and “iMACHINE” branded products and sales of customised products, both domestically and internationally. We believe that our comprehensive product offering is able to provide one-stop AIDC solutions and facilitates digital upgrade of our customers’ businesses. In particular, (i) POS terminals equipped with barcode scanners and NFC readers promote personalised shopping experience by allowing retailers to instantly recognise a shopper’s loyalty card or mobile wallet and retrieve their purchase history, (ii) retailers use POS terminals and PDAs to make informed recommendations to shoppers to enhance their personalised shopping experience with access to real-time inventory information, product details, and customer purchase history, (iii) the specialty printers promote online-to-offline retail by generating labels for online orders, ensuring accurate packaging and delivery, and (iv) PDAs are used to update inventory across online and offline channels, enabling customers to check in-store stock availability online. The global AIDC devices market by sales value increased from US$60.8 billion in 2018 to US$90.1 billion in 2023 at a CAGR of 8.2%, continuously driven by the rising demand for personalised shopping experiences, the need for real-time inventory management, and the growing trend of online-to-offline retail, according to Frost & Sullivan. Drawing upon our robust groundwork and market position, we are confident in our ability to continuously capitalise on the market expansion and opportunities within the global AIDC devices market. Source: Rongta Technology (09881) Prospectus (IPO Date : 2025/05/30)
Listing Market	MAIN
Industry	Advanced hardware and software
Background	H Shares
Major Business Area	China

Corporate Information

Substantial Shareholders	Xiamen Rongxin Investment Co., Ltd. (38.53%) Xu Kaiming (32.04%)
Directors	Xu Kaiming (Chairman and President and General Manager and Executive Director) Xu Kaihe (Senior Vice President and Executive Director) Lin Yanqin (Executive Director) Huang Liqin (Independent Non-Executive Director) Lim Kim Huat (Independent Non-Executive Director) Yu Xiaoou (Independent Non-Executive Director)
Company Secretary	Hu Zunfa Kwok Yin Ting
Principal Bankers	Agricultural Bank of China Limited China Merchants Bank
Solicitors	Jingtian & Gongcheng LLP Tenet & Partners Stephen Peepels Beijing Dacheng Law Offices, LLP (Fuzhou)
Auditors	PricewaterhouseCoopers
Registered Office	5/F., Manulife Place, 348 Kwun Tong Road, Hong Kong
Share Registrars	Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No	(852) 2980-1333
Internet Address	https://www.rongtatech.cn
Email Address
Tel No
Fax No

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