According to Hong Kong Exchanges and Clearing disclosed on June 30, Jiangsu Jiaxuan Intelligent Industrial Technology Co., Ltd. filed an application for listing on the HKEx main board, with Dongxing Securities (Hong Kong) as its exclusive sponsor.
The company provides industrial permanent magnet electric drive solutions and ranks globally first in multiple segments: industrial permanent magnet electric drive solution providers (over 10% market share), industrial permanent magnet direct-drive drum suppliers (over 80% market share), and mining industry permanent magnet electric drive solution providers, according to Frost & Sullivan data.