New stock news | Haitouke submits second application to Hong Kong Stock Exchange.

According to the Wisdom Finance APP, as disclosed by the Hong Kong Stock Exchange on June 29, Yangtuo Holdings Inc. (referred to as "Haipaike") has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC as its exclusive sponsor. The company had previously submitted a listing application to the Hong Kong Stock Exchange on June 30, 2025. According to the prospectus, Haipaike is a trading and service platform serving enterprises in the Chinese low-end market for home care and nutrition products. Operating through two core models: (i) a digital platform model, where the Haipaike platform connects sellers of home care and nutrition products to a diverse range of buyers to simplify the supply chain and promote transactions; and (ii) a self-operated model, where the company holds inventory of home care and nutrition products and sells them to downstream buyers through its Haipaike platform, restructuring the supply chain of home care and nutrition products for enterprise clients, providing a wide range of home care and nutrition product combinations, optimizing consumer experience, and driving consumption upgrades in the low-end market.