Core Insights - The China Securities Regulatory Commission has approved LeMo Technology Service Co., Ltd. for overseas issuance and listing, allowing the company to issue up to 19.17 million shares for listing on the Hong Kong Stock Exchange [1] - The company aims to convert a total of 17,670,420 shares held by 16 shareholders from unlisted domestic shares to overseas listed shares [1] Company Overview - LeMo Technology Service Co., Ltd. provides massage services through machine-operated equipment located in high-traffic public areas across China [3] - Established in 2014, the company launched the "LeMo Bar" brand in 2016, offering consumers the ability to pay via QR code for massage services in commercial complexes, cinemas, and transportation hubs [3] Market Position - According to Frost & Sullivan, LeMo ranks first among all machine massage service providers in China by transaction volume, with market shares of 33.9%, 37.3%, and 42.9% for the years 2022 to 2024 respectively [3] - By revenue, LeMo is also projected to hold over 50% market share in the Chinese machine massage market by 2024 [3] Shareholder Information - A detailed list of shareholders and the number of shares they are converting to full circulation is provided, with the largest shareholder, Xie Zhonghui, holding 1,048,777 shares [4]
乐摩物联港股IPO及境内未上市股份“全流通”获中国证监会备案
Zhi Tong Cai Jing·2025-09-25 14:24