IPO News | Xinyi Linhe Technology's Hong Kong Stock IPO Prospectus Expires

The Zhitong Finance App learned that the Hong Kong Stock Prospectus submitted by Shanghai Xinyi Linhe Technology Co., Ltd. (abbreviation: Xinyi Linhe Technology) on January 30, 2026 expired for 6 months and expired on July 30, 2026. Huatai International is its sole sponsor.

According to the previous prospectus, Xinyi Linhe Technology was founded in 2013 and is a comprehensive industrial group in China that combines digital trading platforms with independent manufacturing capabilities for MRO products. With proprietary end-to-end digital infrastructure and a nationwide warehousing, distribution, maintenance and repair network, the company connects upstream suppliers and downstream customers to improve transaction and overall circulation efficiency in the MRO supply chain. Xinyi Linhe Technology uses transaction and execution data generated through digital platforms to guide product selection, planning, R&D and manufacturing to achieve on-demand production and sales-oriented product iteration. Through this market insight, Xinyi Linhe Technology provides stable, quality controllable and cost-effective MRO products to Chinese and overseas customers.

According to the insight consultation, in terms of total commodity transactions, Xinyi Linhe Technology is one of the leading online MRO procurement service providers in China. It is the top five online MRO procurement service providers and the second largest online sub-terminal MRO procurement service provider. According to Insight Consulting, as of September 30, 2025, the company's downstream customer network covered more than 220,000 retail hardware stores nationwide, with a penetration rate of over 20.0%.