Core Viewpoint - Ying Tong Holdings Limited has completed its IPO filing with the China Securities Regulatory Commission, marking a significant step towards entering the capital market. The company previously submitted a prospectus to the Hong Kong Stock Exchange in early 2025, aiming for a listing in Hong Kong [1]. Financial Performance - The company has demonstrated robust profitability in recent years, distributing dividends of RMB 128 million, RMB 189 million, and RMB 314 million to shareholders for the years ending March 31, 2022, 2023, and 2024, respectively. This reflects a strong profit distribution policy [1]. - The major shareholder, Liu Jurong and his wife, received over RMB 300 million in dividends during this period [1]. - As of March 31, 2024, the company's revenue reached RMB 1.864 billion, showing growth from RMB 1.675 billion in 2022 and RMB 1.699 billion in 2023. The gross profit also increased from RMB 861 million to RMB 938 million over the same period [3][4]. - Operating profit and profit for the period were RMB 232 million and RMB 206 million, respectively, for the year ending March 31, 2024, indicating strong performance [4]. Governance Structure - The governance structure of Ying Tong is well-established, with executive directors including Liu Jurong, Lin Jing, Liu Yingxian, and Zhu Weixun. Liu Jurong serves as the chairman and controlling shareholder, while his daughter Liu Yingxian holds a significant position within the company [3]. Brand Portfolio - Ying Tong specializes in perfume brand management, managing 63 brands including Hermès, Van Cleef & Arpels, Chopard, Albion, and Laura Mercier. The company covers various sectors such as perfumes, cosmetics, skincare, personal care products, eyewear, and home fragrances, catering to diverse consumer needs in mainland China, Hong Kong, and Macau [3]. Cash Flow and Financial Health - As of September 30, 2024, the company held cash and cash equivalents of RMB 275 million, indicating a solid financial position [4]. - Despite a decrease in net asset value in 2024 due to high dividend payouts to shareholders, the overall financial condition remains stable, with potential for sustainable growth [5].
颖通控股IPO备案成功,半年营收破十亿,刘巨荣夫妇分红超三亿
Sou Hu Cai Jing·2025-03-30 15:11