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IPO News | China Transport Technology, a smart passenger transport operator on the new third board, plans to go public in Hong Kong
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Zhitong Finance App learned that China Transport Technology (871481.NQ), a company listed on the new third board, issued an announcement on Tuesday (October 20), and the board of directors of the company deliberated and passed a bill to issue H shares and list them on the main board of the Hong Kong Stock Exchange on October 20. The issuance of H shares still needs to be reviewed and approved by the company's shareholders' meeting, and obtained filing, approval or approval from relevant regulators such as the China Securities Regulatory Commission, the Hong Kong Securities Regulatory Commission, and the Hong Kong Stock Exchange. There is still uncertainty about whether the issuance will be successful in the end.

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According to data, China Transport Technology was founded in 2010 and is headquartered in Guangzhou. It is a smart passenger transport scenario operator focusing on transportation industry segments. The company's main business covers two major sectors: smart passenger transport system solutions based on big data, cloud computing and artificial intelligence technology to provide full-process intelligent services such as intelligent ticketing, face-brushing, intelligent ticket inspection and intelligent vehicle management; the second is smart marketing services based on transportation industry segments, relying on national digital media information publishing platforms to provide customers with accurate marketing delivery and data analysis services in passenger terminals, hotels and other scenarios.

According to financial data, the company achieved operating income of 668 million yuan for the full year of 2025, an increase of 3.45%; net profit attributable to the parent company was 44.154,900 yuan, an increase of 1.62% over the previous year; and basic earnings per share were 0.57 yuan.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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