On December 29, 2025, Hand Enterprise Solutions Co., Ltd. (hereinafter referred to as "Hand Information"), headquartered in Qingpu District, Shanghai, filed a prospectus with the Hong Kong Stock Exchange, seeking an initial public offering (IPO) on the Hong Kong Main Board. This represents a renewed application following the lapse of its previous filing submitted on December 29, 2025.
Hand Information (300170.SZ) was listed on the A-share market on February 1, 2011. As of the market close on July 29, 2026, its total market capitalization stood at approximately RMB 15.1 billion.
Hand Information Prospectus Link
Core Business
Founded in 2002, Hand Information is an experienced provider of enterprise IT consulting and digital transformation solutions, offering comprehensive digital and intelligent solutions—including IT consulting services, proprietary software products, and integrated artificial intelligence applications. Its client base primarily comprises large enterprises and industry leaders.
According to data from Frost & Sullivan, by revenue in 2025, Hand Information ranked fourth in China’s enterprise IT consulting and digital solutions services market and first among domestic Chinese enterprises, with a market share of 1.7%.
Hand Information provides digital and intelligent solutions, including:
Industrial Digitalization Solutions: The company empowers enterprises to digitize and intelligently transform their production, marketing, and supply chain operations, achieving data-driven efficiency gains and cost optimization. These industrial digitalization solutions encompass three key areas: smart manufacturing, digital marketing, and intelligent collaborative supply chain.
Financial Digitalization Solutions: Hand Information’s financial digitalization solutions are specifically designed to address the complex financial management needs of large enterprises. Leveraging automation, data intelligence, and cross-system integration, these solutions support the entire financial management lifecycle—including integrated business-financial management, financial operations, risk and compliance management, and data analytics.
ERP Consulting and Implementation: The company offers ERP consulting, implementation, and customized solutions built upon mature ERP platforms. With over 20 years of ERP delivery experience, it helps large enterprises optimize core business processes to achieve standardized, high-performance, and scalable operations.
Information Technology Outsourcing: Hand Information’s IT outsourcing services form an integral part of its digital service portfolio, providing clients with comprehensive IT services, including operations and maintenance support, software outsourcing, and offshore development.
Hand Enterprise Solutions has cumulatively served over 7,000 enterprise clients across multiple sectors, including manufacturing, consumer goods, financial services, energy, and telecommunications. Its client base includes more than 300 companies ranked among China’s Top 500 and over 100 Fortune Global 500 enterprises.
Shareholding Structure
According to the prospectus, prior to its listing in Hong Kong, Hand Enterprise Solutions’ shareholding structure was as follows:
Mr. Chen Diqing held approximately 5.11% of the shares, making him the single largest shareholder.
Mr. Fan Jianzhen, holding 4.14%;
Mr. Huang Yiquan, holding 0.77%;
Directors and Senior Management
The Board of Directors of Hand Enterprise Solutions comprises nine directors, including:
Five executive directors:
Mr. Chen Diqing (Chairman of the Board);
Mr. Huang Yiquan (General Manager);
Mr. Liu Fudong (Joint Company Secretary);
Mr. Wu Bin (Chief Technology Officer);
Ms. Wang Xinyi (Chief Financial Officer);
Four non-independent non-executive directors:
Mr. Huang Huimin (formerly Professor at the School of Accounting, Shanghai Lixin University of Accounting and Finance);
Mr. Chen Jingfeng (formerly Executive Director and General Manager of Shanghai Dazhong Public Utilities, among other roles);
Mr. Liu Wei (Partner at Grandall Law Firm (Shanghai));
Mr. Zeng Guiqiang (briefly served as Deputy Manager of Hand Enterprise Solutions).
Company performance
According to the prospectus, Hand Enterprise Solutions reported revenues of RMB 2.98 billion, RMB 3.235 billion, RMB 3.415 billion, and RMB 1.069 billion for the years ended 2023, 2024, 2025, and the first four months of 2026, respectively, with corresponding net profits of -RMB 0.15 billion, RMB 1.96 billion, RMB 2.34 billion, and RMB 0.46 billion.
Intermediary Team
The intermediary team for Hand Enterprise Solutions’ initial public offering (IPO) primarily includes:
Guotai Junan International as its sole sponsor;
Baker Tilly Huatai served as its auditor;
Duan & Duan (Shanghai) as its PRC legal counsel;
Gao Gai Ci served as its Hong Kong legal counsel;
AllBright Law Offices acted as its PRC legal counsel for the sponsor;
Han Kun (Hong Kong) served as its Hong Kong and U.S. legal counsel for the underwriters;
Guotai Junan International served as its compliance advisor;
Frost & Sullivan served as its industry consultant.