Fujian Province, as a major province of private economy, had 4 newly listed companies from Fujian in the first quarter of 2025, covering A-share, Hong Kong stock and US stock markets. This article focuses relatively on Hong Kong stock and US stock listed companies. I. 4 Fujian companies listed in the first quarter: 1 in Hong Kong and 3 in the US 1 company listed in Hong Kong: Shubao International (02569.HK), from Quanzhou, raised HK$127.5 million; 3 companies listed in the US: - Pinwei Ke (EPWK), from Xiamen, raised US$11.28 million; - Lianzhang Technology (LZMH), from Xiamen, raised US$7.2 million; - Yinlifu (INLF), from Quanzhou, raised US$8 million. II. About 13 Fujian enterprises currently queuing for listing in Hong Kong They have submitted listing applications since 2024, including: - Anjoy Food (603345.SH), from Xiamen; - Haichen Energy Storage, from Xiamen; - Baige Online, from Xiamen; - Jihong Technology, from Xiamen; - Rongda Hezhong, from Xiamen; - Hantian Tiancheng, from Xiamen, Fujian; - Lemou IoT, from Fuzhou; - Gaolong Marine Group, from Fuzhou; - Fujian Haixi New Drug, from Fuzhou; - Yihe International Holdings (08659.HK), from Quanzhou, applying for transfer to the main board; - Bama Tea, whose controlling shareholder is from Quanzhou; - CATL (300750.SZ), from Ningde; - Impression Dahongpao (870608.NQ), from Nanping. III. About 7 Fujian enterprises currently queuing for listing in the US They have submitted listing applications since 2024, including: - AIGO Aigou/Fuzhou Aigo Star, from Fuzhou, with confidential submission; - Baotai Holdings/Baolutaiqi (BBCH), from Fuzhou; - Yukai Health (YKAI), from Fuzhou; - Kuangshi Alliance/Big Data Group (OCP), from Xiamen; - Liumuhe/Smart Digital Group (SDM), from Xiamen; - Fuxing Zipper (FFFZ), which has been listed in Singapore, from Quanzhou; - Gaoying Technology (GIT), whose controlling shareholder is from Nanping. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. Both companies are under the same ultimate controlling person, and they comply with the laws of Hong Kong and the mainland of China.