Core Insights - The company, headquartered in Yangzhou, operates a chain of supermarkets and convenience stores primarily in the Jiangsu province under the "Hongxinlong" brand, focusing on retail and wholesale businesses [1] - The company employs standardized branding, centralized procurement, inventory control, and unified management strategies to benefit from economies of scale and streamline operations [1] - As of January 15, 2025, the company operates 52 supermarkets and 107 convenience stores, with the majority located in Yangzhou [1] Industry Position - According to industry reports, the company ranked second among supermarket operators in Yangzhou by sales in 2023, holding a market share of approximately 9.1% [2] - In the central Jiangsu region, the company ranked fifth among supermarket operators by sales in 2023, with a market share of about 2.3% [2] - The company ranked around 20th among supermarket operators in Jiangsu province by sales in 2023, with a market share of approximately 0.4% [2]
宏信龙递表港交所主板，绰耀资本为独家保荐人