Dogness (DOGZ) : 7-year performance

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; climbing hooks; and intelligent and entertaining pet products.

Ticker: DOGZ 

IPO: Dec 20, 2017

• Sector: Consumer Cyclical
• Industry: Leisure
• Full Time Employees: 197
• founded in 2003 and is headquartered in Dongguan, the People's Republic of China
• https://webus.dogness.com/index?lang=en

Atour Lifestyle (ATAT) : 2-year performance

A leading hospitality and lifestyle company in China, Atour's diverse portfolio of hotel brands focuses on midscale to luxury hotels. As of the end of 2023 (the last data available on the company's website), Atour operated 1,210 hotels across 198 cities in China. Plus, it had an additional 617 hotels and 62,689 rooms under development.

The company benefits from a young, loyal and growing customer base. With a business model structured to create a closed loop from lodging to retail, the company provides a personalized immersive shopping destination that guides guests from discovery to purchase.

• Sector: Consumer Cyclical
• Industry: Lodging
• Full Time Employees: 4,248
• incorporated in 2012 
• Headquartered in Shanghai, China
• https://ir.yaduo.com/

IPO: Fri 11 Nov 22

 

 

Hesai Group (HSAI) : 2-year performance

Hesai Technology engages in the development and manufacture of three-dimensional light detection and ranging (LiDAR) solutions. The Company’s LiDAR products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets (autonomous mobility). Hesai's technology also empowers robotics applications such as last-mile delivery robots and logistics robots in restricted areas. 

• Sector: Consumer Cyclical
• Industry: Auto Parts
• Founded in 2014 
• Headquartered in Shanghai, China
• https://www.hesaitech.com

IPO: February 9, 2023; offered 10.0 million American Depositary Shares (“ADSs”), at US$19.00 per ADS, for a total offering size of US$190.0 million

Ticker: HSAI

 

 

 

INLIF Ltd. (INLF) began trading on the Nasdaq on Thur 2 Jan 25

INLIF Ltd. is a holding company primarily engaged in the research, development, manufacturing, and sales of injection molding machine-dedicated manipulator arms.

• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Full Time Employees: 124
• Fouded in January 2023 
• Headquartered in Quanzhou, China
• https://www.yiwate88.com/

INLIF's  IPO involved offering 2,000,000 ordinary shares at a price of $4.00 each, raising $8 million in gross proceeds before underwriting discounts and expenses.

Financial Performance: In 2023, INLIF reported revenue of $12.61 million, marking an increase of 89.57% from the previous year. The net income for the same period was $1.35 million, which represents a significant rise of 151.60%.

Business Focus: The company specializes in producing manipulator arms for injection molding machines under the brand name iNLIF. These products include:

• Transverse single and double-axis manipulator arms
• Transverse and longitudinal multi-axis manipulator arms
• Large bullhead multi-axis manipulator arms

GDS Holdings (GDS) : 8-year performance

GDS Holdings Limited primarily develops and operates data centers in the People's Republic of China. 

• Sector: Technology
• Industry: Information Technology Services
• Full Time Employees: 2,345
• Founded in 2001 
• Headquartered in Shanghai, China.
• https://www.gds-services.com

Here are the key services and operations of GDS Holdings:

• Colocation Services: They provide critical facilities space, customer-available power, racks, and cooling for businesses to house their servers and IT equipment.
• Managed Hosting Services: This includes services like business continuity, disaster recovery, network management, data storage, system security, operating system, database, and server middleware services.
• Managed Cloud Services: GDS offers services that help manage cloud environments, allowing direct private connections to major public cloud platforms.
• Consulting Services: They offer advice and expertise in IT infrastructure management.

Their data centers are described as carrier and cloud-neutral, meaning customers can connect to major telecommunications networks and access various public cloud services hosted within their facilities. GDS Holdings serves a diverse clientele including cloud service providers, large Internet companies, financial institutions, telecommunications and IT service providers, and both domestic and multinational corporations.

 

Tuya (TUYA) : 4-year performance

Tuya, Inc. engages in developing smart cloud service and IoT-related software and hardware solutions. It specializes in product, protocol, region, and supplier agnostics. The company was .

• Sector: Technology
• Industry: Software - Infrastructure
• Full Time Employees: 1,450
• Founded by Liao Han Chen, Alex Yang, Ruixin Zhou, and Xue Ji Wang on June 16, 2014 
• Headquartered in Hangzhou, China
• https://www.tuya.com

Ticker: TUYA

 

 

 

 

 

 

IPO March 18, 2021

Zhengye Biotechnology (ZYBT) began trading on the Nasdaq on Tue 7Jan 25

Zhengye Biotechnology Holding Ltd. engages in the manufacture and sale of veterinary vaccines. It offers a range of vaccines, including vaccines for swine, cattle, goats, sheep, poultry, and dogs.

• Founded: 2004
• HQ: Jilin City, China
• Website: jlzybio.com
• Employees: 278

Ascentage Pharma (AAPG) began trading on the Nasdaq on 24 Jan 25

Ascentage Pharma Group International Co., Ltd. is a clinical-stage biotechnology company. It engages in the development of novel therapies for cancers, hepatitis B virus, or HBV, and age-related diseases. 

• Founded by Da Jun Yang, Wang Shao Meng and Ming Guo in May 2009 
• Headquartered in Suzhou, China.
• Website: ascentage.cn
• Employees: 567

Ticker:  AAPG

Ascentage Pharma has been listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code 6855.HK since October 2019

Smithfield Foods (SFD) began trading on the Nasdaq on Tue 28 Jan 25

Smithfield Foods, Inc. manufactures and markets packaged meats and fresh pork in the United States and internationally.

Smithfield Foods, Inc. is a subsidiary of SFDS UK Holdings Limited.

Parent organization: WH Group, a Chinese multinational food and meat processing company that is the world's largest pork producer. The company is headquartered in Hong Kong and is publicly traded. 

world’s largest pork producer; China still owns 90% (?)

2013: Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company to date.

• Sector: Consumer Defensive
• Industry: Farm Products
• Full Time Employees: 37,417
• Founded in 1936 
• HQ in Smithfield, Virginia
• https://www.smithfieldfoods.com

Ticker: SFD

Smithfield Foods priced 26,086,958 share IPO at $20.00 per share, below the $23-27 expected range

 

 

Smithfield Foods' global headquarters is on the banks of the Pagan River; Smithfield, Virginia

 

 3-week performance

Baird Medical (BDMD) : 3-month performance

Baird Medical Investment Holdings Limited, together with its subsidiaries develops and sells microwave ablation medical devices for minimally invasive tumor treatment in China. The company's medical devices are used for treatment of benign and malignant tumors, including thyroid nodules, liver cancer, lung cancer, and breast lumps. 

• Sector: Healthcare
• Industry: Medical Devices
• Full Time Employees: 148
• Founded in 2012 
• Headquartered in Guangzhou, China
• https://www.bairdmed.com

IPO: October 2, 2024 via a merger vith ExcelFin Acquisition Corp. (NASDAQ: XFIN).

NetClass Technology (NTCL) : 1-month performance

NetClass Technology Inc, through its subsidiaries, offers IT solutions to schools, corporations, other institutions, and corporate customers in the People's Republic of China. 

NetClass Technology Inc operates as a subsidiary of Dragonsoft Holding Limited.

• Sector: Technology
• Industry: Software - Application
• Founded: 2022
• HQ:  Shanghai, China
• Employees: 31
• Website: netclass.cn

Chinese data center operator Yovole to consider US IPO

Yovole Networks is a provider of data center and cloud computing services. The company provides information solutions to enterprises through cloud computing models, including cloud desktops, cloud hosts, cloud storage, cloud communications, cloud mailboxes, cloud office and other products.

This enterprise-level cloud computing operator that has built data centers of more than 100,000 square meters. 

• Founded in 2001 
• Headquartered in Shanghai, China
• https://www.yovole.com/

(Bloomberg) -- Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator’s failed attempt to list in mainland China.

The company, which is backed by Beijing-based alternative asset manager CDH Investments, is working with an adviser on a potential first-time share sale that may help it raise more than $100 million, the people said, asking not to be identified discussing a private matter. Yovole may consider submitting a confidential filing with US regulators as soon as in January, the people said.

Founded in 2001, Yovole, or “You Fu” in Chinese, provides cloud computing data center services in China, operating in major cities including Beijing, Shanghai, Guangzhou and Shenzhen, according to its website.

The company has counted big technology firms and financial institutions including Alibaba Group Holding Ltd., Tencent Holdings Ltd. and China UnionPay Co. as clients, according to a filing in 2020 when Yovole was attempting an IPO in China.

Wing Yip Food (WYHG) began trading on the Nasdaq on Tue 26 Nov 24

Wing Yip Food Holdings Group Ltd. is a holding company. It engages in the business of processing, selling, and distributing cured meat products including cured pork sausages, cured pork meat, and other cured meat products such as cured chicken, cured duck, and cured fish; snack products including ready-to-eat sausages, jerky, duck necks, duck feet, and clay pot rice; and frozen meat products including frozen sausages, frozen beef patties, and frozen chicken breast fillets. The company was 

• Sector: Consumer Defensive
• Industry: Packaged Foods
• Founded on April 24, 2015 
• Headquartered in Zhongshan, China
• https://wingyip-food.com

Star Fashion Culture (STFS) began trading on the Nasdaq on Fri 11 Oct 24

Star Fashion Culture Holdings Limited provides content marketing solutions services in the People's Republic of China. It offers marketing campaign planning and execution services; offline advertising services; and online precision marketing services. 

• Founded in 2015 
• Based in Xiamen, the People's Republic of China.
• Employees 17
• Website xmxingji.com

Chinese self-driving firm Pony AI seeks up to $4.5 bln valuation in US IPO

Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its long-sought plan for a New York listing.

• https://www.pony.ai/
  

Pony, founded in 2016 and backed by Japanese automaker Toyota (TM), opens new tab, aims to raise up to $195 million by offering 15 million American Depositary Shares priced between $11 and $13 each.
 

Self-driving firms are looking to raise capital as they seek to scale operations. Guangzhou-based Pony, whose fleet includes over 250 robotaxis and 190 robotrucks, will enter the U.S. stock market on the heels of rival WeRide's (WRD) Nasdaq debut in October.

 

 

By S5A-0043 - (CHN-Guangdong) Pony.ai Lexus RX450h P6001 2024-05-24, CC BY 2.0

 

WeRide (WRD) began trading on the Nasdaq on Fri 25 Oct 24

WeRide is the world’s first publicly listed universal autonomous driving technology company and the first publicly listed Robotaxi company.

• Sector(s): Consumer Cyclical
• Industry: Auto Manufacturers
• Full Time Employees: 2,227
• incorporated in 2017 
• Headquartered in Guangzhou, China
• https://www.weride.ai