Patrons and Gasgoo Form Strategic Partnership to Facilitate Access to the Hong Kong Capital Market

November 5 — Against the backdrop of Hong Kong’s steadily recovering capital market and deepening industrial upgrading, Patrons and Gasgoo officially signed a strategic cooperation agreement. The partnership aims to achieve synergy between finance and industry by combining Gasgoo’s extensive automotive industry resources with Patrons’ professional financial expertise, leveraging each party’s strengths to achieve mutual benefits and win-win outcomes.

On the morning of the signing, Qin Liang, Partner and Director of Gasgoo, and Michael Ng, CEO of Patrons, represented both parties in completing the signing ceremony, marking the official launch of an in-depth collaboration. Both sides stated that, by leveraging Patrons’ financial capabilities, they will actively promote a one-stop Hong Kong IPO solution for different corporations on the Gasgoo platform before and after its listing, helping elevate its brand to the international capital stage.

Founded in 2007, Gasgoo is a globally leading automotive industry information service platform. Powered by new-generation information technologies such as the internet, 5G, and artificial intelligence, Gasgoo has built a comprehensive business ecosystem covering supply chain intelligence, industry research, and conferences, creating deep connections across the automotive industry’s entire value chain.

Patrons, a key player in the capital markets, is a professional financial services institution based in Hong Kong. Its subsidiary, Patrons Capital (CE No.: BSM550), holds Type 1 and Type 6 licenses from the Securities and Futures Commission (SFC) and provides comprehensive corporate financing services, including acting as IPO sponsor and compliance adviser. Patrons Securities (CE No.: BPQ161) holds Type 1 and Type 4 licenses from the SFC and has extensive hands-on experience.

The Patrons team has led numerous successful cases in the capital market, including UDrive Innovation (2431.HK), UBTECH Robotics (9880.HK), Jingwei Tiandi (2477.HK), and the “Most Oversubscribed IPO of the Year” Golden Leaf International Group (8549.HK), earning an excellent market reputation.

With the Hong Kong IPO market remaining vibrant and emerging industries driving listings, automotive and component companies are entering a wave of IPO activity. In this context, the “Industry + Capital” collaboration model between Patrons and Gasgoo will accelerate the value growth of high-quality automotive enterprises in the Hong Kong market.