三年营收稳步增长 宜品集团递表港交所

Core Viewpoint - Yipin Nutrition Technology (Qingdao) Group Co., Ltd. has officially submitted its listing application to the Hong Kong Stock Exchange, focusing on the high-potential sectors of goat milk powder and special medical purpose formula foods [1][2] Company Overview - Yipin Group is recognized as a leading nutrition technology group in China, specializing in goat milk powder and special medical purpose formula foods, providing solutions for consumers with special nutritional needs [1] - The company offers a diverse product matrix, including infant goat milk powder, special medical purpose formula foods, and adult-specific milk powders, forming a comprehensive nutrition service system for all life stages [1] Market Position - According to a report by Frost & Sullivan, Yipin Group ranks second in the overall goat milk powder market in China with a market share of 14.0% as of 2024 [1] - In the infant goat milk powder segment, the company also holds the second position with a market share of 17.6% [1] - In the highly competitive infant special medical purpose food sector, Yipin Group ranks fifth overall and second among domestic brands, with a market share of 4.5% [1] Financial Performance - For the fiscal years 2022 to 2024, Yipin Group achieved revenues of 1.4 billion yuan, 1.61 billion yuan, and 1.76 billion yuan, indicating steady growth [2] - The company's profits for the same period were 227 million yuan, 168 million yuan, and 172 million yuan, showcasing a positive trend in financial performance [2] - Notably, the revenue from the special medical purpose food segment has a compound annual growth rate of 203.3%, serving as a key driver for the company's overall growth [2] Future Development Strategy - Yipin Group aims to deepen its specialization in goat milk powder and establish a scientific understanding of "low-allergen feeding" [2] - The company plans to leverage its technological advantages in low-allergen nutrition and processes to promote the development of special medical purpose formula foods [2] - There is a commitment to expanding global operations and exploring overseas market opportunities, alongside increasing investments in the adult nutrition sector to meet the growing demand for health management and functional consumption [2]