The Zhitong Finance App learned that Zhoushan Xinnuojia Biotechnology Co., Ltd. (“Xinnuojia”) plans to be listed in Hong Kong. Currently, some intermediaries have completed tenders and announcements.

According to the Zhejiang Enterprise Procurement Information Service Network, according to the announcement, some of the winning bidders already announced include: Hong Kong Stock Exchange IPO sponsor and underwriting service agency: Caitong International; sponsor's domestic law firm: Jingtian Gongcheng; sponsor's overseas law firm: Tianyuan (Hong Kong); issuer's domestic law firm: Zhejiang Liuhe; issuer's overseas law firm: AllBright (Hong Kong); financial audit service agency: KPMG Huazhen.

According to data, Xinnuojia is a state-owned enterprise actually controlled by the Zhoushan State-owned Assets Administration Commission. The company's two shareholders are Zhejiang Industrial Group Co., Ltd. and its wholly-owned subsidiary, Zhoushan Ruiyang Aquatic Products Research & Development Co., Ltd. The majority shareholder of Societe Generale Group is the Zhoushan State-owned Assets Administration Commission. Xinnuojia focuses on the core business of refined fish oil, focusing on the R&D, production and sales of high-purity Omega-3 refined fish oil. With mature and excellent production technology, strict quality control system and core technical advantages throughout the process, Xinnuojia has built a full range of product lines with 30% to 90% Omega-3 content, which can be widely used in the field of health.

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