New Stock News | SHARETRONIC submits application to Hong Kong Stock Exchange as the second largest domestic smart storage device manufacturer

According to the Hong Kong Stock Exchange's disclosure on October 22, ZHICUANG DATA TECHNOLOGY CO., LTD. (abbreviated as: ZHICUANG DATA, 300857.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Tianfeng International, Jiayin International, and Guangyin International serving as joint sponsors. According to the prospectus, ZHICUANG DATA adopts a business model centered on technological innovation, providing integrated services to customers through the research and development of advanced hardware and software solutions. Relying on the company's R&D strength in data storage terminals, AIoT smart hardware, and AI computing, the company offers customized cloud solutions through its self-developed FCloud platform, aiming to become a pioneer and leader in the IoT smart terminal, intelligent computing products and services, data storage devices, and server and peripheral remanufacturing industries. The company is data-centric, driven by AI demand, and has built a collaborative business system where IoT smart terminals serve as the source of data collection, data storage devices carry massive data, and the AI computing center processes data and transforms it into AI computing service capabilities. During the performance record period, the company provided a range of integrated cloud-edge-end data storage devices, IoT smart terminals, servers and peripheral remanufacturing, and intelligent computing products and services, with customers covering consumer electronics brands, internet technology companies, communication facility operators, and computing service application enterprises. According to Frost & Sullivan, in 2024, based on annual SSD revenue, the company is the second largest domestic smart storage device manufacturer in the global market; based on shipment volume, the company is the second largest domestic consumer-grade smart camera manufacturer in the global market, holding a 6.6% market share. The company has been deeply engaged in the consumer electronics manufacturing field for nearly 20 years, and based on its technological accumulation in AIoT hardware and software development, cloud video services, and AI computing, as well as its keen insight into new trends in the global electronic technology industry, the company will begin large-scale investment in AI infrastructure in 2025, vigorously expanding its intelligent computing products and services business. The company is committed to becoming a leader in the computing service industry, driven by AI demand and centered on the intelligent IoT ecosystem, leveraging product advantages to promote AI-enabled industrial upgrades. The company aims to achieve superintelligence as a long-term goal and continues to extend its business. Starting from early data storage devices, it has successively expanded into IoT smart terminals and cloud platform businesses, and entered the server and peripheral remanufacturing field. With a focus on developing computing services, the company is gradually improving its AI infrastructure by building an integrated technology foundation for computing, connectivity, and storage, laying the groundwork for achieving superintelligence, enhancing its adaptability in a rapidly changing technological environment, providing space and flexibility for sustainable development, and maintaining competitive advantages In terms of performance, for the six months ended June 30 in 2022, 2023, 2024, and 2025, the company achieved revenues of approximately RMB 3.147 billion, RMB 4.656 billion, RMB 7.410 billion, and RMB 4.943 billion, respectively; during the same period, the profit for the year/period was approximately RMB 131 million, RMB 286 million, RMB 687 million, and RMB 422 million.