Business Daily Media

The Times


.

AUX Commences Trading on Hong Kong Stock Exchange, Launching New Chapter in Global Growth

HONG KONG SAR - Media OutReach Newswire - 10 September 2025 - AUX Electric Co., Ltd. (Stock Code: 2580.HK), the core air conditioning business of AUX Group, listed on the Hong Kong Stock Exchange on September 2nd.

As the third major Chinese air conditioning company to list on the exchange, the event marks a milestone for the industry reflecting AUX's philosophy of "quality as the cornerstone, innovation as the soul."

AUX Group Chairman Zheng Jianjiang (center) and Lü Meng, CEO of the AC Division (third from right), celebrate the company
AUX Group Chairman Zheng Jianjiang (center) and Lü Meng, CEO of the AC Division (third from right), celebrate the company's listing on the Hong Kong Stock Exchange with members of the leadership team. Image Credit: Courtesy of AUX Group

The listing capped a landmark week for the company, which began with its "New Chapter, New Mission" Global Partner Summit in Hangzhou on August 31. At the summit, the company announced its global market position, a ranking confirmed by a Frost & Sullivan certification, which confirmed that "AUX Ranked No.3 by Cumulative Sales Volume of Household Split Type Air Conditioners Globally for Seven Years (from 2018 to 2024)." This achievement solidifies the position of the industry veteran of over 30 years as a leader in the HVAC sector.

This market leadership is driven by a four-pillar strategy encompassing a globalized layout, a collaborative ecosystem, a complete industrial chain, and a full life-cycle service model. Pioneering innovations include the direct-to-consumer model and the industry's first voice-controlled air conditioners with offline interaction that understands various dialects and foreign minority languages. As one of only three companies in the industry to master the integrated R&D and production of compressors, AUX has achieved end-to-end control of its industrial chain.

Building on this new foundation, AUX will continue to deepen its global market presence, where its business already spans over 150 countries and overseas revenue accounted for half of total income in Q1 2025. The company will utilize a multi-brand portfolio that includes brands such as AUX, HUTSSOM, AUFIT, and ShinFlow, to transform from an air conditioner manufacturer into a provider of smart air solutions.

Guided by its commitment to "quality and innovation," AUX will continue to develop original products with innovative technology, enrich the user experience with exceptional service, and respond to the diverse needs of global customers, illuminating its path of value.
Hashtag: #AUX #IPO #HVAC #HKEX






Wechat: 奥克斯空调

TikTok:

The issuer is solely responsible for the content of this announcement.

News from Asia

Verdant Rock Receives A (low) Financial Strength Rating from Morningstar DBRS, Adding a Second International Investment-Grade Assessment

Verdant Rock now holds Financial Strength Ratings from both Fitch Ratings and Morningstar DBRS, providing counterparties with dual-agency confirmation and reinforcing the security architecture behi...

Global Degrees, Closer to Home: SIM's Guide for Parents Choosing UK, Australian and US Qualifications in Singapore

SINGAPORE - Media OutReach Newswire - 12 October 2026 - An international university education no longer has to begin with a move to the United Kingdom, Australia or the United States...

Frasers House, a Luxury Collection Hotel, Singapore, Cements its Position as a Luxury Accommodation Within the City’s Historic Cultural Hub

SINGAPORE – Media OutReach Newswire – 12 October 2026 – Frasers House, a Luxury Collection Hotel, Singapore, today highlights its elevated positioning as a refined city retreat, blending modern r...

Japanese Bag Brand pionunnal Makes Its Overseas Debut at Takashimaya Singapore

Lightweight Nubi bags crafted in Japan, a Singapore-inspired new design and a limited gift with purchase arrive on Orchard Road from 13 to 31 October 2026. SINGAPORE – Media OutReach Newswire – ...

De Beers Group Advances Building Forever Goals with Significant Progress on Livelihoods, Nature, Climate and Provenance

LONDON, UK – Media OutReach Newswire – 12 October 2026 – De Beers Group today published its 2025 Sustainability Report, highlighting significant progress across its Building Forever sustainab...

ATOMS, Led by Travis Kalanick, Secures $1.7B to Power the Future of Food Delivery with ProKitchens in Europe

The robotics and industrial automation group closes one of the largest funding rounds of 2026, which strengthens the infrastructure behind ProKitchens across France, Spain, Italy, Portugal, Poland...

APAC Medical Cost Growth Projected to Slow to 9.7% in 2027, Aon Report

Medical cost growth is projected to slow for a second consecutive year, but continue to significantly outpace general inflation Cardiovascular disease, ENT/lung disorder and cance...

Creative Secondary School Celebrates 20 Years of Educational Excellence with Open Day 2026: "World of Possibilities"

HONG KONG SAR - Media OutReach Newswire - 12 October 2026 - Marking two decades of inspiring minds and shaping leaders, Creative Secondary School (CSS) invites prospective students, parents, and c...

Kellogg-HKUST EMBA Ranked No. 1 in the World in the Financial Times Executive MBA Ranking 2026

Top ranking reflects exceptional career outcomes, a world-leading alumni network and a truly global executive learning experienceHONG KONG SAR – Media OutReach Newswire – 12 October 2026 – The Kel...

10AFEST to Spotlight Asian Art-Tech & Cultural Innovations in Hong Kong This October

Marking the Indra and Harry Banga Gallery’s 10th anniversary, the three-day conference will bring together around 120 participants from 23 cities across 13 countries and regions.HONG KONG SAR - Me...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...