Pingtan, part of China (Fujian) Pilot Free Trade Zone and a key hub for cross-Straits economic cooperation, marked a milestone on December 3 as Lemo Services Co., Ltd made its official debut on the Hong Kong Stock Exchange (HKEX), becoming the first enterprise from the region to list on the bourse.

Founded in 2014, Lemo Services specializes in operating intelligent massage service spaces nationwide. Leveraging IoT technology to connect its devices with cloud systems, the company provides on-demand massage services at commercial complexes, cinemas, airports, high-speed rail stations and other high-traffic locations. As of August 2025, it has established over 47,000 service outlets across 339 cities in 31 provincial-level administrative regions across the country, deploying more than 530,000 smart massage devices. The company has served over 160 million unique users and amassed more than 32 million registered members.

The listing brings Pingtan's total number of listed enterprises at home and abroad to five. Among them, three are listed on the mainland while the other overseas-listed firm is E-Household Service Holdings Limited, which trades on the NASDAQ Global Market in the United States. Additionally, eight enterprises, including three Taiwan-funded companies, have been recognized as key listed reserve enterprises by Fujian Province.

A representative from Pingtan Comprehensive Pilot Zone's Finance Bureau noted "Since 2021, Pingtan has achieved steady progress in nurturing listed enterprises through multi-departmental efforts to provide stable support services for businesses." The bureau emphasized that these services have helped enterprises navigate their listing journeys with confidence.

Lemo Services's HKEX listing follows Fujian Highton Development Co., Ltd's 2023 listing on the Shanghai Stock Exchange Main Board and E-Household Service's 2021 NASDAQ debut, underscoring Pingtan's growing momentum in fostering corporate access to capital markets.