Today ，“China's largest equipment operation service provider”Hongxin Construction Development Co., Ltd.，Successfully listed on the Main Board of the Hong Kong Stock Exchange，Stock Code 09930.HK。

The company's global sales of about 3.6.5 billion sharesHShares，Of which 90%For international sale、10%For sale in Hong Kong。The issue price per share is 4..HK $52，The net proceeds raised were approximately 15..HK $17.6 billion。

The Company intends to use the net proceeds of approximately RMB4.00 million..0%It is used to strategically expand the network of service outlets to enhance service capabilities.；About 67.0%Will be used to optimize the company's equipment portfolio；About 11.0%Will be used to enhance one-stop solution capabilities；About 8.0%It will be used to improve operational efficiency through digital upgrade.；And about 10.0%To be used for the Company's working capital and general corporate purposes。

Hongxin Construction Development Co., Ltd.（Hereinafter referred to as“Hongxin Jianfa”）It is a leading equipment operation service provider in China.，Mainly engaged in the operating lease of equipment and materials in the field of engineering construction.、Engineering and technical services、Platform and other services，It has become an aerial work platform.、New support system、One-stop solution provider for new formwork systems and other diversified construction machinery and equipment。

2022，An internationally renowned industry evaluation organizationKHLIn the 2022 list released by the group,，Hongxin Jianfa gains“IRNRanked 14th in the world in 100”And“AccessRanked 3rd in the world at 50、1st in Asia”Excellent results。

According to the Frost and Sullivan Report,，In terms of 2022 revenue，Hongxin Jianfa is the largest equipment operation service provider in China.。

China's aerial work platform operation service market is highly concentrated.，Calculated according to the equipment inventory of aerial work platform，As of December 31, 2022, the three major market participants together accounted for 58% of the total market size.4%，About 1,600 small and medium-sized market participants accounted for the remaining 41 percent.6%Market share。Calculated according to the equipment inventory of aerial work platform，As of December 31, 2022，Hongxin Jianfa with 13.130,000 aerial work platforms account for 30% of the market share.6%，Ranked first in the Chinese market。

By number of service outlets，As of December 31, 2022，Hongxin Construction and Development has established a national network of 349 service outlets in 187 cities in China.，The project ranks first among China's equipment operation service providers.。

Benefit from the leading position in the industry，Hongxin Jianfa has participated in many famous milestone projects.，Including the Hong Kong Hospital Project、Guangzhou Baiyun International Airport Terminal Building Project、Shanghai National Convention and Exhibition Center Project、Beijing Daxing International Airport Project、Construction of Hong Kong-Zhuhai-Macao Bridge Project and Huoshenshan Hospital Project, etc.。

Hongxin Jianfa has a strong profit growth momentum in recent years.。The prospectus shows，Between 2020 and 2022，The revenue of the Company was RMB36..600 million yuan、61.400 million yuan and 78.800 million yuan，High CAGR of 46.6%；EBITDAFrom RMB 18 in 2020.8.4 billion yuan to 40% in 2022.800 million yuan，CAGR of 47.1%；Adjusted net profit was RMB0.5 billion, respectively.、7.800 million yuan and 9.400 million yuan，CAGR of 36 percent.9%。

The official account of Far East Hongxin said：“It is the first independent industrial platform of Far East Hongxin to enter the international capital market.，The successful listing of Hongxin Jianfa confirms the Far East Hongxin.“Finance+Industry”The correctness and foresight of the strategy。”

Looking forward to Hongxin Jianfa standing at a new starting point，Better boost industrial development。