Onyx Boox, specializing in E-Ink smart devices, focuses on "reading + efficient office work." In 2024, revenue exceeded one billion, leading global color E-Ink shipments. However, net profit declined and cash flow is under pressure, facing challenges like tariffs and competition. The company is seeking a Hong Kong IPO to address these challenges and expand its market reach.
Onyx Boox, focusing on e-ink screen devices, is seeking a Hong Kong IPO through differentiated strategies. Its Android-based open system caters to diverse application scenarios, achieving revenue exceeding 1 billion RMB, with over half generated from overseas markets. The company specializes in e-readers and related products, leveraging the unique properties of e-ink technology. With a strong presence in cross-border e-commerce, Boox aims to further expand its global reach and capitalize on the growing demand for paperless reading and writing solutions. The future looks promising for this innovative company.
Guangzhou Onyx Boox Information Technology Co., Ltd. (BOOX) specializes in the research and development and sales of e-reading devices, rapidly rising through technological innovation. Their product line includes e-readers, e-notebooks, and accessories, featuring E-Ink, high-definition touch, and intelligent systems, supporting various formats. BOOX's core advantages lie in high quality, innovation, environmental protection, and personalization, aiming to enhance the user's reading experience. However, continuous innovation is necessary in the face of fierce market competition.
