New stock information | Guangdong CHJ Industry's (002345.SZ) Hong Kong stock IPO prospectus invalid

Guangdong CHJ Industry Co., Ltd. (referred to as Guangdong CHJ Industry (002345.SZ)) submitted its Hong Kong IPO prospectus on September 12, 2025, which expired after 6 months on March 12, 2026. CITIC SEC was the exclusive sponsor at the time of submission. According to the previous prospectus disclosure, Guangdong CHJ Industry established the flagship jewelry brand CHJ in 1997, with the company based on the national intangible cultural heritage of flower thread art, achieving the commercialization of traditional crafts and the re-creation of cultural symbols. The jewelry business was the core business of the company during the previous period, contributing about 90% of the total revenue. As of June 30, 2025, the company had a total of 1542 offline jewelry stores. Specifically, the company's sales network included 201 self-owned stores and 1337 franchise stores in over 200 cities nationwide, as well as four overseas stores, including one self-owned store in Malaysia, one franchise store in Thailand, and two franchise stores in Cambodia.