[Digital Reading IPO] One new share was purchased today. The company’s customers include Lucky, Starbucks, and Mixue Ice City

① There is 1 new share subscription today for Hengxin Life on the GEM;
② No new shares are listed.

Cailian News Agency reported on March 7 that there was 1 new share subscription today, which was Hengxin Life on the GEM; no new shares were listed.

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Hengxin Life is a leading domestic manufacturer of biodegradable tableware, specific products include paper cups, cup lids, plastic cups, etc. Company customers includeLuckin Coffee, Starbucks, Xicha, Mixue Ice Cityand other highly influential tea brands. Among them, Ruixing Coffee is its largest customer, and Mixue Ice City and Bawang Tea Ji have also successively entered the company’s top five customers.

From 2022 to 2024, the company achieved operating income of 1.088 billion yuan, 1.425 billion yuan, and 1.594 billion yuan respectively; achieved net profits attributable to the parent company of 163 million yuan, 214 million yuan, and 220 million yuan. According to the company’s management’s preliminary forecast, the company’s operating income from January to March 2025 increased by 3.72% to 18.53% compared with the same period of the previous year, and the net profit deducted from non-parent companies increased by 2.80% to 11.55% compared with the same period of the previous year.