Group Nuclear Technology, one of the “Six Little Dragons” in Hangzhou, submitted a listing application to the Hong Kong Stock Exchange. The co-sponsors are J.P. Morgan Chase and CCB International. According to the prospectus, Qun Nuclear Technology's revenue increased 10.5% from 0.6 billion yuan in 2022 to 0.664 billion yuan in 2023; losses for 2022, 2023, and the annual/period ending 2023 and September 30, 2024 were RMB 703.7 million, RMB 646.1 million, RMB 489.5 million, and RMB 422.1 million, respectively.
