Local coffee machine manufacturer Gemilai has applied for an IPO on the Hong Kong Stock Exchange: China's market share ranks second, with own-brand revenue accounting for 83.3%.

Recently, the local coffee machine manufacturer Gemilay Holdings Limited officially submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC Securities acting as the exclusive sponsor. The company's official website and prospectus show that this coffee machine enterprise, founded in Shunde, Guangdong, can trace its history back to 2011. The company has gone through three stages of OEM, trade, and branding, and has now established a comprehensive business model covering product design, manufacturing, sales, and after-sales service.