雷军他们，即将收获一个“铜质”IPO

Core Viewpoint - Copper Master, a cultural and creative company based in Hangzhou, has submitted its IPO application to the Hong Kong Stock Exchange, aiming to leverage the growing market for copper cultural products and enhance its brand influence [3][15]. Company Overview - Founded in 2013 by Yu Guang, Copper Master focuses on integrating traditional craftsmanship with modern design, emphasizing the cultural heritage of Chinese art [5][6]. - The company has achieved a market share of 35.0% in the Chinese copper cultural product market, ranking first in total revenue [3][13]. Financial Performance - Copper Master's revenue for 2022, 2023, and 2024 is projected to be 503 million, 506 million, and 571 million yuan respectively, with net profits of 56.93 million, 44.13 million, and 78.98 million yuan [13]. - The core product, copper cultural products, accounted for approximately 95.4%, 96.3%, and 96.6% of total revenue during the same period [13]. Investment and Shareholding - The company has completed multiple rounds of financing, attracting notable investors such as Shunwei Capital, Xiaomi Group, and Li Wanqiang, a co-founder of Xiaomi [4][7][11]. - Yu Guang holds 26.27% of the shares, making him the largest single shareholder [3]. Market Position and Strategy - Copper Master has maintained a strong online sales presence, with online direct sales and distribution channels contributing 80%, 79%, and 77% to total revenue from 2022 to 2024 [13]. - The upcoming IPO is expected to further enhance the company's valuation and support its international expansion [11][16].