New Stock News | Forms Syntron announces Hong Kong IPO to advance global strategic layout

According to the Zhitong Finance APP, on October 26, Forms Syntron (300468.SZ) announced that the company will hold a board meeting on October 24, 2025, to review and approve the authorization for the management to initiate the preliminary preparations for the overseas issuance of shares (H shares) and listing on the main board of the Hong Kong Stock Exchange. The announcement stated that this move aims to advance the company's global strategic layout, create an international capital operation platform, and enhance the company's international image and overall competitiveness. The specific plan still needs to be submitted for review by the board of directors and the shareholders' meeting, and obtain the filing, approval, or authorization from relevant government agencies and regulatory bodies. There is significant uncertainty regarding this matter, and the company will fulfill its information disclosure obligations in a timely manner. As an industry-leading comprehensive solution provider for financial technology, Forms Syntron provides full-process business solutions, customized software development, and operation and maintenance services for financial institutions. Its business includes digital transformation innovation services and traditional financial IT services. The digital transformation innovation services encompass consulting, products and solutions, and cloud delivery operations, while traditional financial IT services include software development, system integration, and technical maintenance. Forms Syntron's main clients are domestic and foreign central banks and large and medium-sized commercial banks. Its business footprint has spread across financial institutions in various regions of China, including South China, East China, North China, Central China, Northwest, Southwest, and the Hong Kong, Macau, and Taiwan regions. In recent years, it has also expanded into Southeast Asia, establishing long-term and stable business partnerships with numerous financial institutions both domestically and internationally. Forms Syntron's previously released semi-annual report for 2025 showed that the company's operating revenue in the first half of the year was 307 million yuan, a year-on-year decrease of 10.37%; the net profit attributable to the parent company was 43.9648 million yuan, a year-on-year increase of 19.46%; the net profit attributable to the parent company after deducting non-recurring gains and losses was 44.1142 million yuan, a year-on-year increase of 25.32%. In the first half of 2025, the company's gross profit margin was 39.81%, an increase of 6.16 percentage points year-on-year; the net profit margin was 14.32%, an increase of 3.57 percentage points compared to the same period last year