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新股消息 | 圣火科技递表港交所 主要透过专有“一物一码”技术提供营销技术服务
智通财经网·2025-08-27 07:09

Company Overview - Shenghuo Technology Group Limited has submitted a listing application to the Hong Kong Stock Exchange, with Cinda International as its sole sponsor [1] - Established in 2013, the company is an integrated marketing and advertising service provider based in Guangzhou, China [4] Business Focus - The company specializes in providing integrated marketing services, marketing technology services, and advertising marketing services in China [4] - In 2018, Shenghuo Technology expanded its service offerings by utilizing proprietary "one code, one item" technology to deliver data-driven marketing solutions [4] Market Growth - According to Frost & Sullivan, the integrated marketing market in China is expected to grow at a compound annual growth rate (CAGR) of 4.6% from approximately RMB 67.2 billion in 2020 to RMB 80.4 billion in 2024 [4] - By 2029, the market size is projected to reach approximately RMB 99.3 billion, with a forecasted CAGR of about 4.3% from 2024 to 2029 [4] Service Ranking - Based on 2024 revenue projections, Shenghuo Technology ranks fourth among QR code marketing solution providers in China, holding a market share of approximately 1.8% [4] Financial Performance - The company declared dividends of RMB 0, RMB 0, RMB 10.4 million, and RMB 77.6 million for the fiscal years 2022, 2023, 2024, and the first six months of 2025, respectively [4] - Revenue figures for the fiscal years 2022, 2023, 2024, and the first six months of 2025 were approximately RMB 112.3 million, RMB 163.4 million, RMB 252 million, and RMB 129 million, respectively [5][6] - The net profit for the same periods was approximately RMB 19.8 million, RMB 27.2 million, RMB 33.2 million, and RMB 12.1 million [5][6] Client Dependency - The company has a high dependency on its top five clients, with revenue contributions of approximately 96.1%, 91.2%, 79.8%, and 94.1% for the fiscal years 2022, 2023, 2024, and the first six months of 2025, respectively [5] - The largest client accounted for approximately 87.9%, 78.6%, 49.3%, and 45.2% of the company's revenue during the same periods [5]