Ridge Outdoor International Limited is a global leader in outdoor recreation products, especially in fishing equipment and accessories — supplying fishing chairs, beds, rod holders, bags, tents and other outdoor gear. The company is headquartered in Hangzhou, Zhejiang Province, China and operates through multiple international distribution channels.
The company is pursuing a Hong Kong Stock Exchange (HKEX) mainboard initial public offering under stock code 2720, aiming to raise capital through a Global Offering of up to 28,205,000 shares. The offer price is expected between HK$11.25 and HK$12.25 per share.
IPO DETAILED INFORMATION
Offer Structure
| Parameter | Details |
| IPO Type | HKEX Mainboard Global Offering |
| Company Name | Ridge Outdoor International Limited |
| Stock Code | 2720 |
| Global Offering Shares | Up to 28,205,000 shares |
| Hong Kong Public Offer | 2,820,500 shares |
| International Placing | 25,384,500 shares |
| Offer Price Range | HK$11.25 – HK$12.25 per share |
| Face Value | US$0.0005 per share |
| Minimum Application (HK Public Offer) | 500 shares |
| Expected Price Determination Date | ~6 February 2026 |
| Expected Listing Date | ~10 February 2026 (Hong Kong time) |
| Listing Exchange | Hong Kong Stock Exchange (HKEX) – Mainboard |
| Total Shares Offered | 28,205,000 shares |
| Nominal Value | US$0.0005 per share |
| Use of Proceeds | Business expansion, working capital and general corporate purposes |
| Market | Hong Kong / International investors |
Note: The IPO is a Global Offering where a portion is reserved for Hong Kong public investors and a larger portion allotted to institutional/international investors.
Selling Shareholders / Offer Structure
- The Global Offering consists of both a Hong Kong Public Offer portion and a Placees (institutional & international) portion.
- The company is issuing new shares to raise capital rather than selling existing promoter shares.
Objects of the Issue (Fund Utilization)
The proceeds from the IPO (after expenses) will principally be used for:
- Expanding production and R&D capabilities — supporting innovation in outdoor and fishing products.
- Strengthening sales & distribution networks — including overseas markets.
- Working capital needs — raw materials, inventory, supply chain operations.
- General corporate purposes — brand building, marketing, digital platforms.
Company Description
Ridge Outdoor International is a globally oriented outdoor sports & recreation equipment manufacturer and supplier, with a particular emphasis on fishing gear and related accessories. Its product range includes:
- Fishing rods and rod accessories
- Fishing chairs, beds, stools and ergonomic outdoor seating
- Fishing tents, awnings and shade canopies
- Outdoor bags and carrying solutions
- Custom OEM products for international brands
The company claims wide global distribution including North America, Europe and Asia and positions itself as an innovator in product design and outdoor sporting goods manufacturing.
According to market research cited in filings: Ridge Outdoor is a leading player in the global fishing equipment industry with measured market share figures reflecting strong competitive presence.
Strengths & Strategic Position
- Position in High-Growth Outdoor Gear Segment: Outdoor recreation and fishing gear market growing with lifestyle and leisure participation.
- Diversified Product Portfolio: Covers a broad range of outdoor gear beyond basic consumables.
- Global Distribution Footprint: Presence across multiple international markets and channels.
- Brand Recognition: Recognized in fishing circles for quality and breadth of product offerings.
Risks & Challenges
- Market Cyclicality: Outdoor and recreation spending can be sensitive to economic conditions.
- Competitive Landscape: Competes with established global sport goods and outdoor brands.
- Currency & Supply Chain Risks: As a global exporter/importer, exposure to FX swings and logistics challenges.
- Regulatory & Listing Risks: HKEX Mainboard compliance and regulatory oversight require strict disclosure and governance standards, raising compliance costs.
Disclaimer
This document is for educational and informational purposes only and does not constitute investment advice or a recommendation. Prospective investors should read the full HKEX prospectus and consult with financial professionals before making investment decisions. Past performance is not indicative of future results and investments are subject to risks.
Source: Prospectus
