Readboy Educational Technology Co Ltd (stock code: 02385.HK) was listed on HKEX on July 12, and a video bell-ringing ceremony was held in Zhongshan.
Established in Zhongshan in 1999, Readboy has been deeply engaged in the development of learning equipment and digital reference book resources over the past 23 years. In recent years, the company has expanded to an integrated service provider of intelligent learning equipment and Smart Campus equipment.
According to the stock prospectus, Readboy currently has over 5.5 million registered users. In 2019, 2020 and 2021, its income stood at 670, 734 and 813 million yuan respectively; and its net profits were 69.4, 92 and 82.1 million yuan respectively.
Chen Zhiyong, founder of Readboy, and Qin Shuguang, current executive director, both formerly worked in Zhongshan Xiaobawang Electronic Industry Co Ltd, and they are also the controlling shareholders of Readboy.