New Gonow Recreational Vehicles Inc. (Ticker: 805 HK) is a China-based manufacturer specializing in towable recreational vehicles (RVs). Headquartered in Tongxiang, Zhejiang Province, the company operates a 47,567-square-meter facility equipped with advanced manufacturing technology. New Gonow's product portfolio includes three brands: Snowy River (mid-range), Regent (luxury), and NEWGEN (semi-off-road). By 2023, the company had launched 39 RV models, including electric RVs with intelligent and autonomous driving systems.
The company will list on the Main Board of the Hong Kong Stock Exchange on January 13, 2025. The IPO involves a global offering of 240 million shares, with an expected price range of HKD 1.24 to 1.44 per share, aiming to raise up to HKD 345.6 million (USD 44.49 million). The offering is managed by BOCI Asia Ltd, CLSA Ltd, CMB International Capital Corp Ltd, First Shanghai Securities Ltd, Fosun International Securities Ltd, and Huatai International.