CSC(601066) 证券时报网·2025-01-22 00:32Group 1 - The core point of the article is that Daxing Technology has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities International as the sole sponsor [1] - Daxing Technology is a leading and rapidly expanding folding bicycle company, ranking first in both the domestic and global folding bicycle markets with market shares of 21.1% and 5.6% respectively as of 2023 [1] - The company has established a comprehensive and efficient sales and distribution network, covering both offline and online channels, and has expanded its reach to 25 other countries and regions including Southeast Asia, the United States, and Europe [1] Group 2 - As of September 30, 2024, Daxing Technology collaborates with 38 distributors across more than 30 provincial administrative regions in China, covering over 650 retail stores [1] - The company has also expanded into online channels, including major e-commerce and social media platforms in mainland China such as JD.com, Tmall, and Douyin [1] - During the reporting period, the company's online direct sales revenue surged from 14.1 million RMB in 2022 to 58.1 million RMB in 2023, representing a growth rate of 312.1% [1] Group 3 - Daxing Technology achieved revenues of approximately 254 million RMB, 300 million RMB, and 352 million RMB for the fiscal years 2022, 2023, and the nine months ending September 30, 2024, respectively [1] - The net profit and total comprehensive income for the same periods were 31.43 million RMB, 34.85 million RMB, and 45.84 million RMB [1]