Pizu Group Makes History with Transfer Listing to HKEX Main Board Under New Regulations

Pizu Group's Historic Transfer Listing to HKEX Main Board

On February 18, 2025, Pizu Group Holdings Limited solidified its position in the financial landscape by successfully transferring its listing from the GEM (Growth Enterprise Market) of the Hong Kong Stock Exchange (HKEX) to the Main Board. This remarkable achievement marks Pizu as the first company to complete such a transfer following the HKEX's introduction of streamlined practices on January 1, 2024.

The transfer represents more than just a move within the stock exchanges; it stands as a testament to the ongoing institutional innovations in Hong Kong’s capital market. Notably, the company’s trading lot size, currency, and the share transfer registrar will remain as is, ensuring a seamless transition for its stakeholders. This shift aligns perfectly with HKEX's goal to enhance market vitality and optimize the overall listing system, making it an essential milestone for high-quality enterprises.

The HKEX's innovative move aims to foster a more inclusive and competitive environment for businesses looking to expand within Hong Kong, especially given the increase in global financial competition. As an important player in this evolving landscape, Pizu Group's successful listing transition underscores the effectiveness of the GEM reform, paving the way for other companies to follow suit.

Pizu Group, which specializes in manufacturing and selling civil explosives and mining operations across China and Tajikistan, is poised for enhanced growth. They manufacture emulsion explosives and ANFO explosives, utilized in infrastructure construction and mining activities. Additionally, Pizu is involved in the mining process and marketing of different minerals. Notably, the company operates the Anhui Jinding Project, which has already begun commercial production, showcasing sulfur and copper concentrates among other minerals, and is preparing for the future development of the Tibet Tianren Project, expected to progress into production by 2027.

This successful transfer not only increases Pizu Group’s corporate visibility but also enhances its ability to engage a broader base of global investors. The Main Board hosts a diverse spectrum of institutional, private, and public investors, which significantly increases Pizu's exposure and accessibility to capital. Alongside this, the high liquidity offered on this board enables shareholders and prospective investors to enjoy better trading conditions.

Executive Director and CEO Ma Tianyi expressed that this transition is a vital milestone for Pizu, marking acknowledgment of its dominant role in the international civil explosives sector. With this strategic development, the company anticipates augmented financing avenues and improved capital management, empowering it to navigate and expand in a global marketplace effectively. This endeavor aligns with Pizu’s overarching goal of becoming a leading entity in the civil explosives industry while fueling long-term growth.

Overall, Pizu Group's transition to the HKEX Main Board exemplifies the successful interplay of innovative listing regulations and effective market engagement, potentially serving as a benchmark for others in the industry. The transfer is more than an operational change; it reflects the robust strides Hong Kong is making to establish itself as a preeminent global financial center. As markets continue to evolve, the path laid out by Pizu Group's success might well attract numerous domestic and international businesses to leverage Hong Kong's capital operations, reinforcing its status as a super-financial gateway bridging China with the world.

About Pizu Group Holdings Limited

Pizu Group Holdings Limited, listed under Main Board Stock Code 09893.HK, focuses on the manufacture and sale of civil explosives and related blasting services in China and Tajikistan. Additionally, the Group engages in mineral product mining and processing, carving a significant share in the domestic market while actively reaching out for opportunities in Central Asia.

For more information, visit Pizu Group's official website.