New Stock News | Ju Zhi Technology's second submission to list in Hong Kong has failed.

Juzhi Technology Development Limited Company (hereinafter referred to as Juzhi Technology) submitted their second Hong Kong stock prospectus on July 23, 2025, which expired after 6 months on January 23, 2026, with Xinhua Huifu as its exclusive sponsor when submitting the document. According to the prospectus, Juzhi Technology is a manufacturer of baby electronic products, specializing in baby monitors, aiming to improve the quality of daily life for parents and babies. Over the years, the company has nurtured and developed the "HelloBaby" brand in the field of baby electronic products. Since 2016, the company has been selling baby monitors through Amazon, establishing a presence in major markets globally, with a focus on North America and Europe. To achieve stable and secure signal transmission, Juzhi Technology has independently developed 2.4GHz wireless digital audio and video baby monitor software, allowing parents to see and hear their baby's condition in real-time from a distance, while also supporting two-way communication and monitoring of environmental parameters. During the previous reporting period, the company has developed numerous best-selling products. As of the year ended December 31, 2024, the company had sold nearly 1.4 million baby monitors and other products, reaching a historical high.