Group 1: Company Overview - Ruoyuchen submitted an application for issuing overseas listed shares (H shares) and listing on the Hong Kong Stock Exchange on September 19, marking the beginning of its journey to enter the Hong Kong market [1][5] - The company has gained significant market attention as a cross-border e-commerce concept stock, with a year-to-date stock price increase of 216.63% and a total market capitalization of 13.56 billion RMB as of September 19 [4] - Ruoyuchen transitioned from an e-commerce operation business to developing its own brand, Zhanjia, in 2020, becoming the first e-commerce operation stock listed on the Shenzhen Stock Exchange [5][6] Group 2: Financial Performance - In the first half of 2025, Ruoyuchen's own brand revenue reached 603 million RMB, a substantial increase of 242.42% year-on-year, accounting for 45.75% of total revenue, surpassing brand management and operation services for the first time [5][6] - The company reported rapid growth in revenue and net profit for three consecutive years, indicating a successful strategic transition [5][6] Group 3: Strategic Initiatives - The planned Hong Kong listing aims to enhance the company's capital strength, overall competitiveness, and international brand image while improving its overseas financing capabilities [5][6] - Ruoyuchen intends to leverage the advantages of the Hong Kong capital market to deepen its global strategy, explore overseas expansion of its own brands, and pursue strategic acquisitions [6][9] Group 4: Market Trends and Consumer Insights - The company recognizes a shift in consumer focus from functionality to understanding consumer needs, emphasizing aesthetic perception, value recognition, and situational experience [5][6] - Ruoyuchen has established a comprehensive operational system centered around Douyin (TikTok), enhancing its ability to target consumers and achieve rapid brand growth [7][9] Group 5: Future Plans - The company plans to create a multi-brand matrix centered on "quality," "self-pleasure," and "health," covering household cleaning, dietary supplements, and other potential consumer categories [10] - Ruoyuchen aims to continuously explore and apply new technologies and materials to build a sustainable and scalable innovation system, providing consumers with diverse experiences and value [10]
两家A股上市公司 递表港交所
Shang Hai Zheng Quan Bao·2025-09-19 15:41