<IPO>Edge Cloud Service Provider Baishan Cloud Applies for HK Listing
Baishan Cloud, an independent edge cloud service provider, has submitted a Main Board listing appli...
Baishan Cloud, an independent edge cloud service provider, has submitted a Main Board listing application to the Hong Kong Stock Exchange, with CITIC Securities and Haitong International serving as joint sponsors.
According to the preliminary prospectus, Baishan Cloud primarily provides enterprise clients with a full suite of edge cloud services, including network services, security, and intelligent computing services, which cover areas from GPU IaaS to MaaS.
In 1H25, Baishan Cloud recorded revenue of RMB964 million, down 12.8% YoY, while its loss deepened to RMB64.607 million from RMB57.575 million in the same period of 2024.
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