Hong Kong IT service provider Meilin Technology's parent company has submitted an application for a US IPO, intending to raise $28 million.

Hong Kong-based financial and marketing industry software service provider Gold Stone Technical has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), aiming to raise up to 28 million U.S. dollars. The company plans to raise 28 million U.S. dollars by issuing 6.3 million shares at a price range of 4 to 5 U.S. dollars. Based on the calculated mid-point of the price range, Gold Stone's market value will reach 253 million U.S. dollars. Gold Stone is a software service company headquartered in Hong Kong, deploying and optimizing algorithm solutions for clients in the financial investment and digital marketing sectors. Through its operating subsidiary Merry International Technical Services, the company provides customized software to handle large-scale datasets, thus providing quantitative analysis, trade execution assessment, and risk monitoring support for financial market participants, as well as audience profiling analysis, marketing campaign optimization, and marketing effectiveness measurement services for digital marketers. Its services include data access, cleansing, and integration; predictive modeling; decision engine configuration; as well as A/B testing and reporting based on key performance indicators (KPIs). Founded in 2018, the company generated 6 million U.S. dollars in revenue in the 12 months ended September 30, 2025. The company plans to list on the Nasdaq or New York Stock Exchange, but has not yet selected a stock code. Prime Number Capital is the exclusive bookrunner for this transaction.