Ocean One Holding Ltd. (stock code on GEM: 8476; stock code on Main Board post-transfer: 9876) obtained approval-in-principle on 22 October 2025 to transfer its listing from GEM to the Main Board of The Stock Exchange of Hong Kong Limited. The final day of dealings on GEM is scheduled for 31 October 2025, with trading on the Main Board to commence on 3 November 2025. The company states that this transfer is intended to enhance its profile, financing flexibility, and long-term business development prospects.

According to information provided, Ocean One Holding Ltd. primarily imports and wholesales frozen seafood in Hong Kong, supplying over 100 product varieties to more than 370 customers. Revenue for the year ended 31 March 2025 reached approximately HK$395.9 million, compared to HK$458.7 million and HK$467.3 million for the two previous years. Profit and total comprehensive income for the year ended 31 March 2025 was approximately HK$41.7 million, following HK$40.8 million in 2024 and HK$50.2 million in 2023.

In terms of sales distribution, Hong Kong remains a major market, although there was a noted shift in consumer patterns, with sales in Macau and mainland China also contributing to overall revenue. The company clarifies that it continues to hold sufficient public float and minimum shareholder numbers for Main Board listing. It further states that its core controlling shareholders have remained unchanged throughout the period covered by the announcement and that no material non-compliance events or significant disruptions occurred during the period under review.