<IPO>Small Home Appliance Maker X.J. Electrics (Hu Bei) Clears Listing Hearing
X.J. Electrics (Hu Bei) has passed its listing hearing with the Hong Kong Stock Exchange. Its so...
X.J. Electrics (Hu Bei) has passed its listing hearing with the Hong Kong Stock Exchange. Its sole sponsor is Sinolink Securities (HK).
According to its preliminary prospectus, X.J. Electrics (Hu Bei) is a manufacturer of household products primarily operating under the ODM/ OEM model. Its clients included Walmart, SEB Asia Ltd, and Philips, and the majority of its revenue came from the sale of small kitchen appliances.
The company also owns three in-house brands, WeighMax, Accuteck, and Aigoli, which were mainly sold on major e-commerce platforms such as Amazon, JD.com, Tmall, and Pinduoduo.
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