The prospectus for the Hong Kong IPO submitted by Beijing Bluefocus Data Technology Group Co., Ltd. (Bluefocus Intelligent Communications Group Co.,Ltd., 300058.SZ) on June 25th has lapsed after six months, becoming invalid on December 25th. Huatai International, Guotai Junan International, and China Renaissance served as the joint sponsors at the time of the application. Since its establishment in 1996, Bluefocus has specialized in providing clients across various industries with comprehensive, technology-driven marketing services that cater to their full lifecycle marketing requirements. According to data from Frost & Sullivan, based on 2024 revenue, Bluefocus is the largest marketing company in China and the only Chinese enterprise ranked among the global top ten marketing communication companies, holding the tenth position.
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