On 25 June 2025, X.J. Electrics (Hu Bei) Co., Ltd (2619.HK, X J Electrics) successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx), raising a total of approximately HKD 195 million. CBI is honored to participate in the due diligence work for this IPO Project.

X J Electrics is a China-based company mainly engaged in manufacturing and wholesaling of lifestyle household goods. The Company focuses on research and development, design, manufacturing and sales of electric home appliances and non-electric household goods. The Company has its own brands including Weighmax, Accuteck and Aigoli with business in both domestic and overseas markets.

In this IPO project, CBI primarily assisted the sponsor team in conducting due diligence on the company group, its directors, senior management, shareholders, suppliers and customers. In addition to the basic information such as litigation, bankruptcy, winding-up and media records, CBI also assisted the sponsor team in conducting related company search and reference check. The due diligence project globally covered 5 countries and regions, including China, Hong Kong, Thailand, Indonesia and the United States.