Migao Group Holdings Ltd (Ticker: 9879 HK) is a chemicals company based in China, specializing in the specialty chemicals sector with a focus on potash fertilizer production. The company is set to list on the Hong Kong Stock Exchange on March 21, 2024, aiming to raise HKD 967.50 million (approximately USD 123.68 million) by offering 225.00 million shares at a price of HKD 4.30 (USD 0.55) per share. The offering also includes a greenshoe option of 15%, amounting to 33.75 million additional shares. The IPO is managed by a consortium of underwriters including ABCI Capital Ltd, CMB International Capital Corp Ltd, China Everbright Securities (HK), China Merchants Securities (HK) Co Ltd, and Essence International Securities Hong Kong.

Migao Group Holdings positions itself as one of the largest potash fertilizer companies in China in terms of sales volume. The company focuses on various potash fertilizer products, including potassium chloride (KCL), potassium sulfate (SOP), potassium nitrate (NOP), and compound fertilizers Migao Group Holdings has been recognized for to be among the "Top Ten Potash Fertilizers of China" and the "Top 100 Chemical Fertilizer Enterprises of China" since 2016.