Eddid Financial: JIANGSU HORIZON (2625.HK) Launched Its IPO Today

JIANGSU HORIZON (2625.HK), a wholesaler of grains and oil headquartered in Yangzhou City of China, launched its IPO today.

JIANGSU HORIZON (the “Company”) intends to issue 53,562,000 shares, with an offer price ranging from HKD 2.5 – 3.0 per share. Each lot will consist of 1,000 shares, requiring an entry fee of approximately HK$ 3,030.25. The maximum amount raised through this IPO is estimated to be around HK$ 161 million. The offer period will run from March 21-26, and the company is expected to be listed on March 31.

The Company, ranked second among supermarket operators in Yangzhou*, operates retail businesses, including supermarket and convenience stores focusing on the central region of Jiangsu Province under the brand “宏信龍” (Hongxinlong). In 2014, its “宏信龍” (Hongxinlong) trademark was proven by the accreditation as a Jiangsu Famous Trademark by the Jiangsu Provincial Administration for Industry and Commerce and as a Yangzhou Well-known Trademark by the Yangzhou City Administration for Industry and Commerce. At the same time, the Company actively develops its wholesale business, supplying grains and oil, food products and other products to resellers and other retail operators. By integrating wholesale and retail functions, the Company is able to achieve significant economies of scale, offering competitive prices and a wide product selection to its customers.

*In terms of sales in 2023.

Eddid Financial is one of the Joint Bookrunner and Joint Lead Manager of the launching of JIANGSU HORIZON’s IPO.

The IPO subscription period starts today, stay tuned for more updates.

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Prospectus: https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0321/2025032100009.pdf

Investment involves risks, be cautious of trading.

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Eddid Financial: JIANGSU HORIZON (2625.HK) Launched Its IPO Today