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Fengyi Technology launched its IPO on the Hong Kong Stock Exchange as a smart retail kiosk operator, reporting net losses for two consecutive years.
Sales and marketing expenses continue to rise.
Express News | According to HKEX filings: Shenzhen Fengyi Technology Group Co., Ltd. has submitted an application for listing to the Hong Kong Stock Exchange.
Fengyi Technology has filed its IPO prospectus, planning to list in Hong Kong, with ABC International as the sole sponsor.
On June 10, 2026, Shenzhen Fengyi Technology Group Co., Ltd. (hereinafter referred to as "Fengyi Technology"), headquartered in Nanshan District, Shenzhen, Guangdong Province, submitted its prospectus to the Hong Kong Stock Exchange, proposing a listing on the Hong Kong Main Board. According to the prospectus, Fengyi Technology was established in 2017 initially as a subsidiary of SF Holding Co., Ltd. (002352.SZ) and has since evolved under management leadership into an AI-driven retail company, becoming China's first and only
IPO News | Fengyi Technology Files for Hong Kong IPO as China's Largest Smart Retail Kiosk Operator
On June 10, Shenzhen Fengyi Technology Group Co., Ltd., China's largest AI-powered smart retail locker operator, submitted an application for a main board listing on the Hong Kong Stock Exchange.