Core Viewpoint - Beijing Yunji Technology Co., Ltd. (referred to as "Yunji") was listed on the Hong Kong Stock Exchange on October 16, 2023, with a closing price of HKD 120.50, reflecting a 26.05% increase from its initial offering price [1]. Summary by Relevant Sections Share Issuance and Capital Structure - The total number of shares offered globally was 6,900,000 H-shares, with 1,380,000 shares allocated for public offering in Hong Kong and 5,520,000 shares for international offering [2]. - At the time of listing, the total number of issued shares (assuming no exercise of the over-allotment option) was 68,718,182 [2]. Financial Details of the Offering - The final offer price was HKD 95.6 per share, raising a total of HKD 659.6 million. After deducting estimated listing expenses of HKD 66.4 million, the net proceeds amounted to HKD 593.3 million [4]. - The intended use of the net proceeds includes: - 60% for enhancing research and development capabilities (HKD 354.2 million) - 30% for improving commercialization capabilities both domestically and internationally (HKD 176.8 million) - 10% for working capital and other general corporate purposes (HKD 59.0 million) [5]. Company Overview and Financial Performance - Yunji is a robotics service company empowered by AI technology, primarily providing robotic products and AI digital system services [6]. - The company's revenue for the years ending December 31 for 2022, 2023, and 2024, as well as for the five months ending May 31, 2025, were RMB 161.3 million, RMB 145.2 million, RMB 244.8 million, and RMB 88.3 million, respectively [6]. - The losses for the same periods were RMB 365.4 million, RMB 264.5 million, RMB 185.0 million, and RMB 118.3 million, with adjusted net losses of RMB 233.9 million, RMB 120.5 million, RMB 27.6 million, and RMB 26.8 million [6]. - Cumulatively, the total losses over the specified periods amounted to RMB 933 million [6]. Cash Flow and Financial Activities - The net cash used in operating activities for the respective years was RMB 170.4 million, RMB 76.4 million, RMB 41.5 million, and RMB 53.0 million [8]. - The net cash from investing activities was RMB 231.7 million, RMB 153.2 million, and negative RMB 18.0 million for the years ending December 31, 2022, 2023, and 2024, respectively [9].
云迹港股募6.6亿港元首日涨26% 3年1期共亏9.33亿元