Core Viewpoint - Dazhong Oral has passed the main board listing hearing of the Hong Kong Stock Exchange, with Haitong International as the sole sponsor, positioning itself as a leading private dental service provider in Central China, particularly in Hubei and Hunan provinces [1] Group 1: Company Overview - Dazhong Oral operates a direct chain model and aims to serve the public, ranking first among private dental service providers in Central China with a market share of approximately 2.4% based on projected 2024 revenue [1] - The company's dental service network is expanding, with the number of operational dental institutions increasing from 77 on January 1, 2022, to 86 by December 31, 2024, and further to 92 by June 21, 2025, including 4 dental hospitals, 80 dental clinics, and 8 dental offices across 8 cities in Hubei and Hunan [1] Group 2: Business Strategy and Talent Management - Dazhong Oral has implemented a partner program to attract experienced medical professionals as minority shareholders, with 37 dentists becoming shareholders by December 31, 2024, which supports network expansion, stabilizes core talent, and drives profitability [1] - The company has a stable team of 280 practicing dentists as of December 31, 2024, with retention rates for dentists with over three years of experience being approximately 87%, 89%, and 90% for the years 2022, 2023, and 2024, respectively [2] Group 3: Service Offerings and Customer Metrics - Dazhong Oral provides comprehensive dental treatments, including oral implants and orthodontic services, catering to clients of all ages [2] - The number of clients served by the company was 276,310 in 2022, 296,859 in 2023, and 283,640 in 2024, with total patient visits of 708,651, 768,809, and 748,632 for the respective years, and average spending per visit being RMB 578, 575, and 544 [2]
大众口腔通过聆讯 海通国际为独家保荐人