Core Viewpoint - Fujian Wancheng Biotechnology Group Co., Ltd., the parent company of "Hao Xiang Lai," has officially submitted its main board listing application to the Hong Kong Stock Exchange, marking the beginning of its "A+H" dual-platform listing journey after four years on the A-share Growth Enterprise Market [1] Financial Performance - The company achieved a remarkable revenue growth from 549 million to 32.329 billion yuan within three years, representing an increase of nearly 60 times over two years, driven by the rapid expansion of its snack and beverage retail business under the "Hao Xiang Lai" brand [1] - According to the prospectus submitted by Wancheng Group, the "Hao Xiang Lai" brand is projected to be the leading brand in China's snack and beverage retail sector by GMV (Gross Merchandise Volume) in 2024 [1] Future Challenges - For Wancheng Group, the listing and fundraising are just the beginning; the real challenge lies in establishing a sustainable profit model and value creation capability [1] - The company faces governance structure risks due to its heavy reliance on a franchise model, pressures related to food safety management, and the need to integrate family business management with modern corporate governance [1]
快讯 | 万辰集团赴港上市，争夺港股“量贩零食第一股”