海天味业港股IPO：二次上市打响全球化突围战

Group 1 - Haitan Flavoring Food Co., Ltd. has officially launched a global public offering, with plans to list on the Hong Kong Stock Exchange on June 19, 2023, at a maximum offer price of HKD 36.3 per share, equivalent to approximately RMB 33.3 per share [1] - The company plans to issue 263 million H shares, with cornerstone investors including Hillhouse Capital, GIC, UBS Asset Management, Royal Bank of Canada, CITIC Industrial Fund, Sequoia, and Boyu, raising nearly HKD 4.7 billion [1] - The funds raised will primarily be used to establish a global brand image, expand overseas sales channels, and enhance supply chain capabilities, including building factories in Southeast Asia and acquiring overseas brands [1] Group 2 - In 2022 and 2023, the company's net profit attributable to shareholders declined by 7% and 9%, respectively, but a recovery is expected in the 2024 financial report [2] - The 2024 financial report indicates growth in both revenue and profit, although the net operating cash flow decreased by 7% to RMB 6.84 billion, and sales expenses increased by 24.7% to RMB 1.63 billion [2] - The number of distributors at the end of 2022, 2023, and 2024 were 7,172, 6,591, and 6,722, respectively, showing a net decrease of 465 distributors from 2022 to 2024, with over 1,200 franchisees exiting in 2023 [2]