An Auckland-based logistics company is the latest stock exchange listing.
QEX Logistics, which facilitates trade between New Zealand, Australia and China is set to join the NZX today.
Is specialises in storage, supply, packaging, customs clearance and delivery of Kiwi products bought from stores, online and e-commerce sites.
The company was founded in 2010 by husband and wife team Ronnie and Doreen Xue.
Former Federated Farmers boss Conor English has been appointed chairman and Danny Chan is its independent director.
The business has grown quickly from revenues of NZ$22.2m in the year to March 2017 and it forecasts NZ$26m and NZ$28m over the next two financial years.
The company had an initial focus on the infant formula market.
Around 50% of its revenue is now generated from other products, such as health supplements and beauty products.
It operates a daily collection service in Auckland and pick-ups from Hamilton, Palmerston North, Wellington, Christchurch, and Queenstown.
It also has contracts with customs in Guangzhou, Chongqing, Chengdu, Tianjin, Kunming, Changsha, Ningbo and Xiamen.
