圣贝拉(02508)公布，该集团预期于2025年上半年取得收入不低于人民币4.48亿元，同比增长将不低于 25%;该集团受托管理的月子中心收入将不低于人民币7200万元(并不构成集团收入)，较2024年同期增长 将不低于156%;及报告期的集团收入及集团受託管理的月子中心收入合计将不低于人民币5.2亿元，较 2024年同期增长将不低于35%。该集团首次实现财务报表层面整体盈利，预期报告期的净利润将不低于 人民币3.2亿元，而2024年同期取得净亏损人民币4.8亿元。 此外，预期报告期的经调整净利润(不考虑向投资者发行的金融工具公允价值变动、以股份为基础的付 款开支及上市开支影响)将不低于人民币3800万元，较2024年同期增长将不低于122%。 ...

Group 1 - The company expects to achieve revenue of no less than RMB 448 million in the first half of 2025, representing a year-on-year growth of no less than 25% [1] - The revenue from the entrusted management of maternity centers is expected to be no less than RMB 72 million, which is an increase of no less than 156% compared to the same period in 2024 [1] - The total revenue, including both the company's revenue and the entrusted management of maternity centers, is projected to be no less than RMB 520 million, reflecting a year-on-year growth of no less than 35% compared to 2024 [1] Group 2 - The company anticipates achieving overall profitability at the financial statement level for the first time, with a projected net profit of no less than RMB 320 million, compared to a net loss of RMB 480 million in 2024 [1] - The adjusted net profit, excluding the impact of fair value changes of financial instruments issued to investors, share-based payment expenses, and listing expenses, is expected to be no less than RMB 38 million, representing a year-on-year increase of no less than 122% compared to 2024 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致之任何損失承擔任何責任。 SAINT BELLA Inc. 聖貝拉有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：2508） 正面盈利預告 本公告乃由聖貝拉有限公司（「本公司」，連同其附屬公司，統稱「本集團」）根據 香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及《證券及期貨 條例》（香港法例第571章）第XIVA部的內幕消息條文（定義見上市規則）作出。 本公司董事會（「董事會」）欣然知會本公司股東（「股東」）及潛在投資者，基於 對本集團截至二零二五年六月三十日止半年度（「報告期」）未經審核綜合管理 賬目的初步審閱及現時可得資料，本集團預期將錄得以下業績： – 1 – (i) 報告期的本集團收入將不低於人民幣448百萬元，較二零二四年同期增 長將不低於25%；報告期的本集團受託管理的月子中心收入將不低於人 民幣72百萬元（並不構成本集團收入），較二零二四年同期增長將不低於 1 ...

国家育儿补贴政策出台，母婴概念股迎来爆发式增长。 政策利好下，市场机构纷纷上调对母婴行业的发展预期。 7月28日，中共中央办公厅、国务院办公厅近日印发的《育儿补贴制度实施方案》明确，从2025年1月1 日起，对符合法律法规规定生育的3周岁以下婴幼儿发放补贴，至其年满3周岁。育儿补贴按年发放，现 阶段国家基础标准为每孩每年3600元。这一重大利好消息立即在资本市场引发强烈反响。 7月29日,港股、A股开盘后，母婴概念股集体爆发，形成了一道亮丽的"红色风景线"。其中，A股贝因 美（002570.SZ）、爱婴室（603214.SH）等个股强势涨停，孩子王（301078.SZ）、骑士乳业 (832786.BJ)等涨幅超过10%。港股婴童概念股亦多数高开，锦欣生殖 (01951) 涨 8.93%；H&H 国际控股 (01112) 涨 7.33%；中国飞鹤 (06186) 涨 5.12%；圣贝拉 (02508) 涨 3.13%，报 7.9 港元。简言之，母婴板 块成为当日市场最耀眼的明星板块。 | 一元县大 | 34.93 +21.07% +38.94% | | --- | --- | | 837344 | | | 领涨 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 聖貝拉有限公司 呈交日期： 2025年7月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02508 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | 已發行股份（不包括庫存股 ...

Group 1 - The core viewpoint of the articles highlights Saint Bella's strategic positioning in the maternal and childcare market, aiming to build a comprehensive service ecosystem covering pre-pregnancy, post-pregnancy, childcare, and elderly care [1][2] - Saint Bella's revenue is projected to grow from 472 million yuan in 2022 to 799 million yuan in 2024, with a compound annual growth rate (CAGR) of 30%, and adjusted net profit is expected to turn from a loss in 2022 to a profit of 208 million yuan in 2023, increasing to 423 million yuan in 2024, representing a year-on-year growth of 103.4% [1][2] - The company's postpartum care services are the core pillar of its ecosystem, with revenue from maternity centers expected to account for 85% of total revenue in 2024 [1] Group 2 - Saint Bella adopts a light-asset high-end cooperation model by establishing maternity centers within existing luxury hotels, which helps reduce initial investment costs and leverage hotel brand equity to attract high-net-worth clients [1] - The company plans to go public in July 2025 at a price of 6.58 HKD per share, with IPO funds aimed at developing AI and new retail, as well as expanding SaaS services [2] - The forecasted revenue for Saint Bella from 2025 to 2027 is expected to be 1.1 billion, 1.48 billion, and 1.96 billion yuan, with corresponding net profits of 94 million, 200 million, and 319 million yuan, indicating a strong growth trajectory [2]

Investment Rating - The report assigns a "Buy" investment rating for the company, marking its first coverage [4][8]. Core Insights - The company, Saint Bella, is positioned in the female-focused market, aiming to create a comprehensive service ecosystem covering "pre-pregnancy, post-pregnancy, childcare, and elderly care" [4]. - Revenue is projected to grow from 472 million yuan in 2022 to 799 million yuan in 2024, with a compound annual growth rate (CAGR) of 30% [4]. - The adjusted net profit is expected to turn from a loss in 2022 to a profit of 208 million yuan in 2023, and further increase to 423 million yuan in 2024, representing a year-on-year growth of 103.4% [4]. - The postpartum care service is the core pillar of the company's ecosystem, with revenue from maternity centers expected to account for 85% of total revenue in 2024 [4]. Summary by Sections Company Overview - Established in 2017, Saint Bella has a market share of 1.2% in the maternity center sector as of 2024 [4]. - The company targets the mid-to-high-end market and has developed a multi-brand matrix to cater to different consumer segments [4]. Business Model - Saint Bella employs a light-asset high-end cooperation model by setting up maternity centers in existing luxury hotels, which reduces initial investment costs and leverages hotel brand equity to attract high-net-worth clients [5]. - The company has established 96 high-end maternity centers, with 62 self-operated and 34 managed centers as of 2024 [5]. Market Potential - The family care market in China is projected to grow from 392.8 billion yuan in 2019 to 711.3 billion yuan in 2024, with a CAGR of 12.6% [4]. - The elderly care market is expected to provide a dual growth engine for the company, driven by an aging population and evolving family structures [8]. Financial Projections - Revenue forecasts for 2025 to 2027 are 1.1 billion yuan, 1.48 billion yuan, and 1.96 billion yuan, respectively, with corresponding net profits of 94 million yuan, 200 million yuan, and 319 million yuan [8][10]. - The company is expected to achieve a price-to-earnings (P/E) ratio of 43.1, 20.1, and 12.6 for the years 2025, 2026, and 2027, respectively [8].

本公告不會直接或間接在或向美國（包括其領土及屬地、美國任何州以及哥倫比亞特區）發佈、 刊發或派發。本公告並非亦無意構成或組成於美國或任何其他司法管轄區購買或認購證券的 任何要約或招攬的一部分。本公告所述證券不曾亦不會根據1933年美國《證券法》（經不時修訂） （「美國《證券法》」）或美國任何州或其他司法管轄區的證券法登記，且不得在美國境內提呈發 售、出售、抵押或轉讓，惟獲豁免遵守或毋須遵守美國《證券法》登記規定及任何適用的州證 券法的交易除外。證券將不會於美國進行公開發售。證券僅可(1)根據美國《證券法》的登記豁 免向合資格機構買家（定義見美國《證券法》第144A條）；及(2)根據美國《證券法》S規例以及進 行發售及出售的各司法管轄區適用法例在美國境外以離岸交易方式提呈發售及出售。 香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司 對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購證券的邀請或要約。發售股份的任何投資決定 應以招 ...

Core Viewpoint - Saint Bella Limited, a high-end maternal and infant care company, officially listed on the Hong Kong Stock Exchange on June 26, becoming the "first stock in global family quality care" [1] Group 1: IPO and Initial Performance - The company issued 109.733 million shares globally, with the Hong Kong public offering oversubscribed by 193 times, resulting in the sale of 47.71 million shares [1] - The international offering was oversubscribed by 15.59 times, leading to the sale of 62.024 million shares [1] - The issue price was set at HKD 6.58 per share, raising approximately HKD 722 million [1] - On the first trading day, the stock opened at HKD 8.45, a 28.4% increase from the issue price, reaching a peak of HKD 11.00 before closing at HKD 8.80 [1] - By June 27, the stock price dropped significantly, with a single-day decline of 25.6%, and continued to fall to as low as HKD 6.08 in subsequent trading days [1] Group 2: Post-IPO Stock Performance - As of the latest closing date, the stock price had slightly recovered to HKD 7.27, but daily trading volume decreased from over 8.57 million shares to less than 3 million shares [2] - The company's market capitalization is approximately HKD 44.33 billion, down nearly HKD 1 billion from the first day [2] Group 3: Investment and Financing History - Prior to the IPO, Saint Bella completed seven rounds of equity financing, raising a total of approximately HKD 333 million from 15 institutional investors [2] - The company was valued at nearly HKD 3 billion after the C-3 round of financing in November 2022 [2] - World Trade Center Association (China) Services Limited achieved a return of 21.54 times on its investment after exiting in April 2022 [2] Group 4: Institutional Investor Returns - Notable returns were reported by various investors, with Tang Zhu Capital and its partners achieving returns of 184.2% to 322.9% [3] - High Yong Venture Capital's overall investment return was approximately 751.4% after multiple rounds of investment [3] - Tencent Investment, as the largest external shareholder, saw a floating profit of 138.2% on its investment [4] Group 5: Financial Performance and Challenges - The company reported cumulative losses of nearly HKD 1.2 billion from 2022 to 2024, with a projected net loss of HKD 543 million for 2024 [6] - The main business model relies heavily on high rental and labor costs, which account for nearly 70% of total costs, squeezing profit margins [6] - The occupancy rate for the company's maternity centers dropped from 92% in 2023 to 82% in 2024, indicating a significant decline in demand [6]

Core Viewpoint - The postpartum care and recovery market in China is experiencing significant growth, driven by increasing consumer spending and awareness of health and wellness among modern women, with the market expected to exceed 200 billion yuan by 2030 [1][20]. Group 1: Industry Overview - Postpartum care and recovery refers to the recovery and maintenance that women require after childbirth due to physical weakness, which is gaining attention as women invest more in their health and wellness [1][2]. - The market size for postpartum care and recovery in China is projected to reach 67.5 billion yuan in 2024, representing a year-on-year growth of 13.6%, with postpartum recovery and care markets at 22.7 billion yuan and 44.8 billion yuan respectively [1][8]. Group 2: Market Segmentation - Postpartum care services can be categorized into confinement centers and postpartum doulas, with confinement centers gaining popularity due to their professional services and management, leading to a market size increase from 11.3 billion yuan in 2020 to 29.6 billion yuan in 2024, a compound annual growth rate of 27.2% [1][10][12]. - The postpartum doula market is also growing, with a projected market size of 15.1 billion yuan in 2024, reflecting a year-on-year growth of 4.1% [1][16]. Group 3: Consumer Trends - The increasing living standards and changing consumption concepts are driving more families to hire postpartum doulas for maternal and newborn care, while the rising wages of doulas due to supply-demand imbalances are further expanding the market [1][16]. - The consumer spending on healthcare has risen significantly, with per capita healthcare expenditure increasing from 1,165 yuan in 2015 to 2,547 yuan in 2024, indicating a growing willingness to invest in postpartum care [1][6]. Group 4: Competitive Landscape - The postpartum care and recovery market in China is highly fragmented, with approximately 6,300 confinement centers and 2,600 postpartum doula service providers, leading to intense competition [1][18]. - The top five companies in the industry hold only 3.7% of the market share, indicating a diverse range of players, with brands like Saint Bella and Aidi Palace being well-known [1][18]. Group 5: Future Trends - The industry is expected to continue expanding, with a forecasted market size exceeding 200 billion yuan by 2030, driven by increased awareness of postpartum recovery among women [1][20]. - The industry is moving towards standardization and regulation, with ongoing efforts to improve oversight and quality standards [1][21]. - There is a trend towards more diverse and professional services, with companies enhancing employee training and exploring varied service offerings to meet consumer demands [1][23]. - The industry is also accelerating its digital transformation, utilizing information technology to improve service efficiency and quality [1][24].