New Stock News | Global Horticulture Delivers Prospectus to Hong Kong Stock Exchange
According to the disclosure on December 19 by the Hong Kong Stock Exchange, Universal Horticulture Limited (referred to as "Universal Horticulture") has submitted its application for listing on the main board of the Hong Kong Stock Exchange, with CICC being its exclusive sponsor.
According to the disclosure of the Hong Kong Stock Exchange on December 19th, Global Horticulture Limited (referred to as "Global Horticulture") has submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with CMB International as its sole sponsor. The prospectus shows that Global Horticulture is a leading manufacturer and exporter of decorative horticultural products, specializing in decorative plastic flower pots suitable for indoor and outdoor use. Through long-term business relationships, the company supplies large mass merchandise and home improvement retailers in North America, including Lowe's, Walmart, Sam's Club, and Costco. According to data from Insight Consulting, the company is the largest manufacturer in the global decorative plastic flower pot industry in terms of revenue in 2024, with a market share of 4.6%; it is also the largest exporter among Chinese flower pot manufacturers in terms of revenue in 2024.
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