IPO News | Lexin Outdoor Hong Kong Stock IPO Filed by China Securities Regulatory Commission

Zhitong Finance App learned that on December 19, the International Cooperation Department of the China Securities Regulatory Commission issued the “Notice Concerning the Filing Notice Concerning the Overseas Issuance and Listing of Ridge Outdoor International Limited (Lexin Outdoor International Co., Ltd.)” The company intends to issue no more than 38,332,500 overseas listed common shares and list them on the Hong Kong Stock Exchange. According to reports, Lexin Outdoor submitted a listing application to the Hong Kong Stock Exchange on June 27, 2025, with CICC as the sole sponsor.

According to the prospectus, according to Frost & Sullivan data, Lexin Outdoor is the world's largest fishing equipment manufacturer with a market share of 23.1% based on 2024 revenue. According to Frost & Sullivan, the company's market share in the global fishing tackle manufacturing market is 1.3% based on 2024 revenue.

Lexin Outdoor has always focused on fishing gear and has established a comprehensive and diverse product portfolio, mainly including beds, chairs and other accessories, such as fishing chairs, fishing beds, fishing rod holders, fishing carts and fishing boxes; bags, such as shoulder bags, fishing bags and fishing rod bags; and tents, such as fishing tackle tents, social tents and awnings. The company's products are carefully manufactured and are suitable for a variety of fishing scenarios, such as carp fishing, game fishing, luya fishing, fly fishing and ice fishing.