New Stock News | Financial technology service provider Shenzhen Forms Syntron Information (300468.SZ) has submitted documents to the Hong Kong Stock Exchange again, with overseas revenue accounting for more than 80%.

According to the disclosure on July 5 by the Hong Kong Stock Exchange, Shenzhen Forms Syntron Information Co., Ltd. (referred to as Shenzhen Forms Syntron Information, 300468.SZ) has submitted an application for listing on the Main Board of the Hong Kong Stock Exchange, with CMB International and Guosen (Hong Kong) as its joint sponsors. The company had previously submitted a listing application to the Hong Kong Stock Exchange on December 24, 2025. Company Overview Shenzhen Forms Syntron Information is a mature financial technology service provider rooted in the Greater Bay Area of the banking industry, providing financial technology software development services, consulting services, and system integration services to banks, regulatory agencies, and other financial institutions in mainland China, Hong Kong, and Southeast Asia, helping them to continue promoting digital transformation. The innovation of Shenzhen Forms Syntron Information is driven by two proprietary technology platforms: FINNOSafe (automating the entire life cycle compliance of tokenized assets by embedding regulatory rules in smart contracts) and FINNOSmart (an enterprise-grade generative AI platform that ensures data sovereignty). As an adopter of AI, the company jointly developed Banking Copilot with Microsoft in 2023, gradually evolving into an intelligent agent focused on fraud prevention and compliance. The company has obtained seven patent authorizations, 345 software copyrights, and certifications such as CMMI5 and ISO27001 based on its technical strength. With the support of the Shenzhen-Hong Kong integration team, as of March 31, 2026, over 90% of the employees are technical professionals. Financial Information Revenue In the fiscal years 2023, 2024, and 2025, the company achieved revenues of approximately RMB 730 million, RMB 740 million, and RMB 631 million respectively. Gross Profit In the fiscal years 2023, 2024, and 2025, the company recorded gross profits of approximately RMB 221 million, RMB 245 million, and RMB 238 million respectively. Yearly/Periodic Profits In the fiscal years 2023, 2024, and 2025, the company's annual profits were approximately RMB 47.38 million, RMB 67.364 million, and RMB 74.281 million respectively. Industry Overview The market size of financial technology software development services in mainland China and Hong Kong has grown rapidly over the past few years, increasing from RMB 118.3 billion in 2021 to RMB 151.8 billion in 2025, with a compound annual growth rate of 6.4% during the period. With financial institutions deepening their digital transformation and various types of financial institutions accelerating their deployment in the future of financial technology, the market for financial technology software development services in mainland China and Hong Kong will experience rapid growth, expected to reach RMB 310.5 billion by 2030, with a compound annual growth rate of 15.4% from 2025 to 2030. The banking industry is the core foundation of the financial system's operations. In 2025, the banking industry accounted for 68.3% of the market share of financial technology software development services in mainland China and Hong Kong, which is expected to further increase to 72.1% by 2030. By revenue measurement, the market for financial technology software development services in mainland China and Hong Kong is expected to grow from RMB 87.5 billion in 2025 to RMB 186.5 billion in 2030, with a compound annual growth rate of 16.3% from 2025 to 2030. This growth is driven by the increasing demand from financial institutions for digital transformation and the continuous expansion of financial technology applications. The banking industry remains the largest contributor to the market, accounting for 62.0% in 2025, which is expected to further increase to 66.3% by 2030. The financial technology software development services market in mainland China holds the majority market share. With the rapid development of digital finance, the financial technology software development services market in Hong Kong has entered a stage of rapid growth, with its market share expected to increase from 7.0% in 2025 to 14.2% in 2030. By revenue measurement, mainland China is expected to continue holding the main share of the financial technology software development services market in mainland China and Hong Kong, with the market size increasing from RMB 80.5 billion in 2025 to RMB 156.1 billion by 2030. Benefiting from the accelerated digital transformation of financial institutions and the adoption of more financial technology solutions, the market for financial technology software development services in Hong Kong is expected to maintain strong growth momentum, with the market size increasing from RMB 7.0 billion in 2025 to RMB 30.4 billion by 2030, and its market share is expected to increase from 8.1% in 2025 to 16.3% in 2030. Board of Directors Information The board of directors consists of seven members, including two executive directors, two non-executive directors, and three independent non-executive directors. The term of office of the directors is three years, and they are eligible for re-election upon the expiration of their term. Equity Structure As of the most recent date, Mr. Zhou holds equity in all the shares held by Yiqun Holdings (owned wholly by Mr. Zhou). Yiqun Holdings directly holds an 18.44% equity interest in the company and holds a 0.05% equity interest in the company through its client accounts with financial institutions. As of the most recent date, Forms Data AI holds a 55% equity interest in the company and DeepMind Data Storage Technology Co., Ltd. holds a 45% equity interest in the company. DeepMind Data Storage Technology Co., Ltd. is owned by (i) Fan Chunman (owns 86.67% equity interest directly and indirectly through a wholly-owned company, Guangzhou Minren Technology Co., Ltd.) and (ii) Putian Huitai Sports Goods Co., Ltd. holds a 13.33% equity interest, with Xu Weipeng holding an 80% equity interest and Cai Yuanlian holding a 20% equity interest. Fan Chunman, Xu Weipeng, and Cai Yuanlian are all independent third parties. Intermediary Team Joint Sponsors: CMB International Finance Limited, Guosen (Hong Kong) Finance Limited Company Legal Advisors: King & Wood Mallesons, Liu Lin Chen Lawyers Office, Thailand Dato Law Firm Joint Sponsors Legal Advisors: Zhou Junxuan Law Firm and Beijing Tongshang Law Firm, E&T Law Firm Auditors and Reporting Accountants: Ernst & Young Hua Ming (Hong Kong) Certified Public Accountants Limited Industry Consultants: Foresight Enterprise Management Consulting (Shanghai) Co., Ltd. Compliance Consultants: Guosen (Hong Kong) Finance Limited