New Stock News | EROAD Technology Submits Application to Hong Kong Stock Exchange

According to the Finance and Economics APP, on June 30th, the Hong Kong Stock Exchange disclosed that WuBo Technology Co., Ltd. (referred to as WuBo Technology) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC as its exclusive sponsor. The prospectus shows that WuBo Technology is a leading provider of smart logistics supply chain services for black bulk commodities in China. According to the Frost & Sullivan report, based on the 2025 Gross Transaction Value (GTV), the company is the largest in the Chinese steel and metallurgical industry, and the third largest in the black bulk commodity industry in terms of smart logistics service platform companies. Relying on its independently developed WuBo Smart Chain platform, the company provides smart logistics and integrated supply chain services to productive customers and their upstream and downstream partners in China, such as steel producers, mining companies, washing plants, coking plants, and trading customers, and has built standardized, intelligent, and visual digital infrastructure covering the entire value chain of bulk commodities.