Snowy River Caravans Celebrates New Gonow RV’s Historic HKEX Listing
At Snowy River Caravans, we’re thrilled to announce that our parent company, New Gonow RV has officially listed on the Hong Kong Exchange (HKEX), marking an incredible milestone as the first RV manufacturer to go public on this prestigious exchange.

Over the past five years, New Gonow RV has achieved impressive growth, with an average annual revenue increase of more than 30%, outpacing industry averages. This remarkable success is reflected in their recent stock offering, with 240 million shares sold at HK$1.27 (AUD$0.26) each. By the end of the opening week, the stock price had risen to HK$1.43 (AUD$0.30), giving the company a market capitalisation of around HK$1.03 billion (AUD$213 million).
As part of the New Gonow RV family, Snowy River Caravans has benefitted from this growth. Our integration with the resources, technology, and expertise of both China and Australia has helped propel Snowy River Caravans to become the second-largest RV brand in the Australian and New Zealand markets. Our influence continues to grow, and we are excited about the opportunities this new chapter brings.
Andrew Crank, CEO of Snowy River Caravans, shared his thoughts on this significant moment:
“This is an incredible milestone for New Gonow RV, and a testament to our exceptional, hard-working and dedicated team. As part of the New Gonow family, Snowy River Caravans is excited about the opportunities this brings for our continued innovative growth in products and retail outlets. This listing strengthens the foundation upon which we deliver increasing value, quality, and service to our customers across Australia and New Zealand.”
New Gonow RV’s extensive product range, from luxury to more budget-friendly models, including family-oriented and off-road adventure versions, ensures that there is something for every type of customer. The company remains at the cutting edge of RV technology, investing significantly in R&D to improve vehicle performance, safety, and comfort.
The HKEX listing is a huge leap forward for New Gonow RV, opening up new opportunities for capital investment to expand their model range, production capacity, and retail sales channels, all while strengthening their brand presence. This move positions the company for continued growth and solidifies its place as a leader in the global RV industry.
About Snowy River Caravans
Snowy River Caravans is a trusted Australian brand, known for offering exceptional value, quality, and customer service. As a proud subsidiary of New Gonow RV, we continue to design and manufacture caravans that meet the diverse needs of the Australian and New Zealand caravan and camping community. With our strong commitment to innovation and excellence, we’re excited about the future and the many adventures yet to come.