Zhejiang Hexia Technology Co., Ltd. has filed an application to list on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange, with JINLIAN Capital acting as the sole sponsor. According to a Frost & Sullivan report, the company has developed into a leading provider of automotive testing solutions in Zhejiang Province and has collaborated with numerous prominent domestic and international automotive and component manufacturers during its track record period. As outlined in the prospectus, the company's automotive testing solutions encompass three business segments: (i) automotive testing, (ii) test system integration, and (iii) automotive component sales. Since 2022, the company has expanded its automotive testing services to include ADAS testing. ADAS refers to advanced electronic systems integrated into vehicles that utilize multiple sensors and camera technologies to enhance driving safety and comfort.
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