New stock announcement | Hope Sea submits listing application to Hong Kong Stock Exchange for the second time

According to the disclosure on March 15 by the Hong Kong Stock Exchange, Hope Sea Inc. has once again submitted an application for listing on the main board of the Hong Kong Stock Exchange, with BOC International as the exclusive sponsor. According to the prospectus, Hope Sea is a China-based comprehensive supply chain solutions provider specializing in providing cross-border supply chain solutions for electronic products, especially various complex types of integrated circuits. The company's customers are distributed across more than 40 vertical industries, including IoT communications, semiconductors, intelligent Siasun Robot & Automation solutions, and industries in the field of new energy. According to Frost & Sullivan data, the market for cross-border comprehensive supply chain solutions for electronic products in China is highly fragmented, with the top five market participants collectively holding a market share of 5.21% in terms of GMV by 2024. In terms of GMV, the company is projected to be the fourth-largest market participant in 2024, with a market share of approximately 0.64%.