New Stock News | New Thought Motors Secondary Listing on Hong Kong Stock Exchange

According to the disclosure on July 5th by the Hong Kong Stock Exchange, New Thinking Motors Limited (New Thinking Motors) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC and Huatai International as its joint sponsors. The company had previously submitted a listing application to the Hong Kong Stock Exchange on January 4, 2026. According to the prospectus, New Thinking Motors was established in 2014 and is one of the leading manufacturers of micro-precision motors and imaging motors in China. It has established strong professional capabilities and proprietary technologies throughout the entire industry chain, covering areas such as material performance enhancement, manufacturing processes, and strict product quality control. The company has formed a strategic layout of "Jiaxing + Hefei" dual production bases and "China + Japan" dual research and development bases, enabling the company to continuously expand its business boundaries with advanced products to maintain long-term competitive advantages. According to data from Frost & Sullivan, based on revenue in 2025, the company ranks sixth globally and second in China in the imaging motor market, with market shares of 3.3% and 9.8% respectively. Based on revenue in 2025, the company ranks fourth globally and first in China in the optical image stabilization (OIS) imaging motor field, with market shares of 5.6% and 14.0% respectively.