Core Viewpoint - Shandong Kuailu Technology Development Co., Ltd. (referred to as "Kuailu Technology") has submitted its prospectus for an initial public offering on the main board of the Hong Kong Stock Exchange, aiming to capitalize on the growing demand for customized solutions in short-distance green travel [1][3]. Company Overview - Kuailu Technology provides customized solutions including batteries and components, technical support, and training to meet diverse short-distance green travel needs [3]. - According to Frost & Sullivan, Kuailu Technology is a leading comprehensive service provider for short-distance green travel technology in mainland China, holding a market share of 2.2% as of 2024 [3]. - The company's service network covers all 31 provinces in China, with over 950 regional service providers and 20,000 local partner stores as of the end of 2024 [3]. - Established in October 2014, Kuailu Technology was previously known as Zhejiang Kuailu Technology Co., Ltd. and relocated from Hangzhou, Zhejiang Province to Tai'an, Shandong Province in July 2023 [3]. Ownership Structure - The registered capital of Kuailu Technology is approximately 11.11 million yuan, with Wu Yingjie as the legal representative [3]. - Wu Yingjie directly controls 13.50% of the company's shares and holds a total of 85.50% voting rights through Longxing Mingyuan and Longxing Mingwei [5]. Business Segments - Kuailu Technology's brands include "Kuailu Travel," "Kuailu Selection," and "Kuailu Education," with "Kuailu Travel" being the core brand [7]. - The main business activities involve providing lead-acid and lithium-ion batteries, selling chargers, tires, and various parts for short-distance light electric vehicles [7]. - The company primarily generates revenue from the "Jinchaowei" brand, alongside its own brand offerings [7]. Financial Performance - Kuailu Technology's revenue for the years 2022, 2023, and 2024 was approximately 1.31 billion yuan, 1.22 billion yuan, and 1.63 billion yuan, respectively, with net profits of 6.29 million yuan, 2.30 million yuan, and 7.99 million yuan [7][8]. - Revenue from the Jinchaowei brand accounted for 95.1%, 84.9%, and 70.6% of total revenue in 2022, 2023, and 2024, respectively [8]. - The company relies heavily on Super Energy Group as its largest supplier, with procurement amounts from this supplier constituting 98.5%, 87.0%, and 99.2% of total procurement in the respective years [9].
快驴科技报考在港交所上市,2024年营收约16亿元
Sou Hu Cai Jing·2025-05-21 11:27