The Times Australia
News From Asia

.

China's First RV Stock is Here. New Gonow, the Pioneer of "Mobile Homes," is Set to Go Public

SHANGHAI, CHINA - Media OutReach Newswire - 7 January 2025 - In today's era of diversity, freedom, and a pursuit of high-quality living, recreational vehicles (RVs) have become the preferred choice for many seeking to explore the world and enjoy life.

As a pioneer in creating the "mobile home" experience, New Gonow has leveraged its exceptional product capabilities, keen market insights, and strong innovation to gain widespread recognition not only in China's domestic market but also on the global stage, showcasing remarkable competitiveness.

Now, New Gonow is set to reach a significant milestone in its journey—ringing the bell at the Hong Kong Stock Exchange for its IPO, officially becoming China's first publicly listed RV company

According to the prospectus, New Gonow has maintained an average annual revenue growth rate of over 50% over the past three years, significantly outperforming the industry average. In the first half of 2024, despite uncertainties in the global economic environment, the company delivered an impressive net profit margin of nearly 10%.

This not only highlights New Gonow's continuous improvement in profitability but also serves as strong evidence of its robust competitiveness and high market recognition within the industry.

As a homegrown Chinese manufacturer, New Gonow not only boasts advanced manufacturing technology and extensive production experience but also demonstrates keen market insight and an innovative growth strategy.

In its early years, the company leveraged strategic collaboration with a renowned Australian RV brand, effectively integrating the strengths of both China and Australia in resources, technology, and market presence. This synergy enabled New Gonow to stand out in the Australian and New Zealand markets, where it quickly rose to become the second-largest RV brand. Its market competitiveness and influence continue to grow steadily.

This experience in international collaboration and competition has not only provided New Gonow with valuable expertise but also validated its products in global markets. As a result, the company has progressively built the capability to compete with leading international brands.

As consumer demand for travel and lifestyle experiences becomes increasingly diverse, the concept that "buying an RV is buying a lifestyle" has deeply resonated with the market. New Gonow has keenly identified this trend and is committed to creating high-quality, personalized "mobile homes" for its customers.

The company offers a comprehensive product lineup, ranging from luxury to budget-friendly models and catering to various needs, from family vacations to solo adventures. This diverse portfolio ensures that New Gonow can meet the evolving preferences of different consumer groups, reinforcing its position as a leader in the industry.

New Gonow has consistently remained at the forefront of the industry in technological research and innovation. The company continues to increase its investment in R&D, focusing on enhancing vehicle performance, safety, and comfort.

From advanced smart control systems to energy-efficient and eco-friendly power technologies, from meticulously crafted interior designs to rugged and durable vehicle structures, New Gonow strives for excellence in every detail.

It is this relentless pursuit of technical superiority and quality that has fueled the company's steady rise in the market. Moreover, it lays a solid foundation for future product upgrades and expansion into new markets, unlocking limitless opportunities for growth

New Gonow's decision to pursue an IPO on the Hong Kong Stock Exchange marks a new chapter in its growth journey. By going public, the company will gain increased capital support to expand production capacity, strengthen R&D investment, broaden sales channels, and enhance brand influence.

Leveraging the power of the capital market, New Gonow is well-positioned to accelerate its domestic and international expansion, further solidifying its status as a leading player in the RV industry.

Hashtag: #NewGonow

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

Times Magazine

Building an AI-First Culture in Your Company

AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

Data Management Isn't Just About Tech—Here’s Why It’s a Human Problem Too

Photo by Kevin Kuby Manuel O. Diaz Jr.We live in a world drowning in data. Every click, swipe, medical scan, and financial transaction generates information, so much that managing it all has become one of the biggest challenges of our digital age. Bu...

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

The Times Features

Is our mental health determined by where we live – or is it the other way round? New research sheds more light

Ever felt like where you live is having an impact on your mental health? Turns out, you’re not imagining things. Our new analysis[1] of eight years of data from the New Zeal...

Going Off the Beaten Path? Here's How to Power Up Without the Grid

There’s something incredibly freeing about heading off the beaten path. No traffic, no crowded campsites, no glowing screens in every direction — just you, the landscape, and the...

West HQ is bringing in a season of culinary celebration this July

Western Sydney’s leading entertainment and lifestyle precinct is bringing the fire this July and not just in the kitchen. From $29 lobster feasts and award-winning Asian banque...

What Endo Took and What It Gave Me

From pain to purpose: how one woman turned endometriosis into a movement After years of misdiagnosis, hormone chaos, and major surgery, Jo Barry was done being dismissed. What beg...

Why Parents Must Break the Silence on Money and Start Teaching Financial Skills at Home

Australia’s financial literacy rates are in decline, and our kids are paying the price. Certified Money Coach and Financial Educator Sandra McGuire, who has over 20 years’ exp...

Australia’s Grill’d Transforms Operations with Qlik

Boosting Burgers and Business Clean, connected data powers real-time insights, smarter staffing, and standout customer experiences Sydney, Australia, 14 July 2025 – Qlik®, a g...