ALSCO Pooling Service Co Ltd went public on the Main Board of the HKEX on Mar 9, becoming the first SIP-based company publicly listed this year.

Founded in 2016, the company is a leading provider of innovative reusable packaging solutions and sharing services. It serves major global auto parts suppliers, and offers supply chain solutions and intelligent information system services for clients engaged in new energy, retail, and logistics sectors. By 2024, it had become China’s second-largest recyclable packaging service provider and the largest player in domestic shared automotive operation service market.

The company issued 20.336 million H-shares, priced at HK$11 per share, with estimated gross proceeds of HK$224 million. The raised fund will be used to upgrade the company’s digital platforms, fuel its overseas expansion, and extend its service network.

March 9, 2026