Precio LX Technology Group Limited (02436.HK)

LX Technology Group is engaged in the transformation of enterprise's device life cycle management through digitalized closed-loop services. The company is headquartered in Shenzhen, Guangdong and currently employs 942 full-time employees. The company went IPO on 2022-11-24. The firm operates its businesses through two segments. Device Recycling Business segment mainly engaged in purchasing de-commissioned IT devices from enterprises for use in device subscription services after refurbishment or sale through quotation platform. Device Subscription Services segment provides selecting IT devices including brand-new devices and de-commissioned devices after refurbishment, suitable for users, assembling devices, pre-installing device configurations and customizing system settings. The segment also offers tailor-made short-term and long-term device subscription services to satisfy customers' needs for diverse business scenarios. The firm mainly operates its businesses in the China market.