IPO News | Ugreen Group Limited (301606.SZ) Files Application with Hong Kong Stock Exchange

Stock News
Feb 02

It was learned that, according to a disclosure by the Hong Kong Stock Exchange on February 2nd, Shenzhen Ugreen Technology Co., Ltd. (Ugreen Group Limited (301606.SZ)) has submitted a listing application for the Main Board of the Hong Kong Stock Exchange, with Huatai International acting as its sole sponsor. The prospectus reveals that Ugreen Group is a technology consumer electronics brand enterprise. Leveraging four major product categories—innovative charging products, smart office products, smart audio-visual products, and smart storage products—it comprehensively covers various daily application scenarios including home, travel, office, and entertainment. According to data from Frost & Sullivan, in 2025, based on shipment volume, the company ranked first globally in the pan-expansion technology consumer electronics products market. Specifically, based on 2025 retail sales value, the company held the second position in the global charging products market. Concurrently, based on both shipment volume and retail sales value in 2025, the company was the world's largest consumer-grade Network Attached Storage ("NAS") brand, with market shares of 20.6% and 17.5%, respectively.

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