Special Coverage: Xgd Inc.'s Hong Kong IPO amid 38.6% Drop in Net Profit Attributable to Parent Company
Shenzhen Nanshan District-based A-share listed company Xgd Inc. (300130.SZ) announced that to deepen the company's global strategic layout, accelerate overseas business expansion, establish an international capital operation platform, broaden diversified financing channels, effectively enhance the company's global resource allocation capabilities and international market competitiveness, and facilitate the company's deep participation in global digital payment ecosystem development, the company plans to issue H-shares and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited.
Xgd Inc. stated that the company will fully consider the interests of existing shareholders and the conditions of domestic and overseas capital markets, selecting appropriate timing and issuance windows within the validity period of shareholder resolutions to complete this issuance and listing. As of the announcement disclosure date, the company is actively advancing the issuance work with relevant intermediary institutions. Apart from the related proposals approved by this board meeting, other specific details regarding this issuance require further discussion.
Xgd Inc. also announced that the company's board of directors has decided to appoint Dahua CPA as the auditing firm for this issuance and listing.
Xgd Inc., as a leading global payment technology service provider, primarily operates in payment services, electronic payment equipment, and artificial intelligence sectors. The company adheres to the philosophy of technology and service innovation, committed to providing advanced payment services to the public and achieving the corporate mission of "creating a better life together."
Xgd Inc. (300130.SZ) was listed on the Shenzhen Stock Exchange in 2010. As of yesterday's close (August 26, 2025), its total market capitalization was approximately 18.88 billion yuan.
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