AUX Electric lists on Hong Kong Stock Exchange

It is the third major Chinese air conditioning company to list in the city.

AUX Electric Co., Ltd. the air conditioning arm of AUX Group, began trading on the Hong Kong Stock Exchange on 2 September.

It is the third major Chinese air conditioning company to list in the city.

The listing followed AUX’s Global Partner Summit in Hangzhou on August 31, where the company announced it had ranked No. 3 globally in cumulative household split-type air conditioner sales from 2018 to 2024, according to Frost & Sullivan.

AUX, which has operated in the HVAC sector for more than 30 years, said its growth strategy focuses on four areas, namely global expansion, ecosystem partnerships, a complete industrial chain, and full life-cycle services.

The company has also developed direct-to-consumer sales channels and launched voice-controlled air conditioners that work offline and recognize multiple dialects and minority languages.

Overseas markets accounted for half of AUX’s revenue in the first quarter of 2025, with operations spanning more than 150 countries.

The company said it will use its brand portfolio—AUX, HUTSSOM, AUFIT, and ShinFlow—to shift from manufacturing air conditioners to providing smart air solutions.