Newtrend Group Holding Co., Ltd.
(A joint stock company incorporated in the People’s Republic of China with limited liability)
(Stock code: 2573.HK)
Newtrend Group(2573.HK) Lists on Hong Kong Stock Exchange
Global Food Additive Leader Embarks on New Journey of Capital Globalization
[Hong Kong – 10 June 2025] The food-grade glycine and sucralose manufacturer – Newtrend Group Holding Co., Ltd. (“Newtrend Group” or the “Company”, together with its subsidiaries, the “Group”, stock code: 2573.HK), announces commencement of trading of its H shares on the Main Board of The Stock Exchange of Hong Kong Limited today.
The Group is a food-grade glycine and sucralose manufacturer with over 20 years of history. The Group has developed a global sales network. During the Track Record Period, the Group sold its products to customers located in around 40 countries across 6 continents. The Group has a diversified customer base across the world with around 150 customers in each year during the Track Record Period from a wide-range of industries. Certain of its customers are reputable multinational corporations, which have approximately 10 to 20 years of business relationship with the Group. According to the CIC Report, the Group ranked first in the global food-grade glycine manufacturing industry and ranked fifth in the global sucralose manufacturing industry in terms of sales volume and sales revenue in 2023. The Group has established an international supply chain service system. As at the Latest Practicable Date, the Group had five production plants located in the PRC, Indonesia and Thailand.
On its first trading day, Mr. Wang Xiaoqiang, chairman of the Board, executive Director and general manager of Newtrend Group Holding Co., Ltd., commented,「After more than 20 years of dedication and hard work, today, Newtrend Group has successfully listed on the Main Board of the Hong Kong Stock Exchange. We are deeply grateful for the unwavering support of all shareholders, intermediaries, our board of directors, employees, and family members. Reflecting on our journey, from the initial challenges of starting a business, to our steady growth within the food additive industry, "perseverance and unwavering focus" have always been the guiding principles that have driven us forward. In the future, we will fully leverage the international capital platform provided by Hong Kong, to further enhance our research and development capabilities, expand our global market presence, continuously optimise our product structure, and elevate the international competitiveness of our company.」
