IPO News | Guangdong Ten Smart Hong Kong Stock IPO Prospectus Expires

The Zhitong Finance App learned that the Hong Kong stock prospectus submitted by Shenzhen Yue10 Digital Intelligence Co., Ltd. (abbreviation: Guangdong Ten Digital Intelligence) on January 26, 2026 expired on July 26, 2026. Shen Wan Hongyuan Hong Kong is the sole sponsor.

According to the previous prospectus, Guangdong Shishuzhi is an enterprise driven by digital intelligence. It is mainly engaged in the sale of cold chain agricultural products, and is supported by the company's self-developed digital platform. By implanting digital intelligence capabilities in all aspects of procurement, warehousing, logistics and trade, the company uses a data-driven model to enhance the efficiency, transparency and synergy of the entire cold chain circulation chain. This business model differentiates the company from the traditional cold chain trade model, which mainly relies on manual experience and fragmented offline coordination. According to Frost & Sullivan, based on 2024 cold chain agricultural product sales revenue, the company ranked in the top ten in the digital intelligent cold chain agricultural product sales market in China.

The company uses a dual-core data-driven business model, including (i) cold chain agricultural product sales (the company's main growth engine); and (ii) providing integrated cold chain digital intelligence solutions (to consolidate the digital intelligence capabilities to support the company's operations). The two business lines operate on a unified data basis and are highly integrated to form a complementary dual-engine business model.