Ridge Outdoor (Ticker: 2720 HK) is a China-based company specializing in the manufacturing of fishing-related equipment. As the world's largest manufacturer in this niche with a reported 23.1% global market share in 2024, the company produces items such as fishing chairs, bedchairs, backpacks, and tents. Ridge Outdoor operates a dual business model, primarily deriving revenue from OEM/ODM services for global retailers and brands like Decathlon, Fox, and Nash, while also expanding its Own Brand Management (OBM) segment, which includes the UK-based carp fishing brand, Solar.

Ridge Outdoor plans to list on the Hong Kong Stock Exchange on February 10, 2026. The company plans to offer 28.2 million shares at a price range of HKD 11.25 to HKD 12.25. The IPO aims to raise up to HKD 345.5 million (approximately USD 44.4 million). At the proposed pricing, the company anticipates a market capitalization ranging from HKD 1.44 billion to HKD 1.57 billion (approximately USD 193 million at the midpoint). Reportedly, the company plans to use the proceeds to fund R&D and production capacity expansion, brand promotion, and strategic acquisitions. The offering is sponsored by China International Capital Corporation (CICC).