Lakala(SZ:300773) 智通财经网·2025-10-17 12:50Core Viewpoint - Lakala Payment Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities International as the sole sponsor [1] Company Overview - Lakala is a leading digital payment and digital business solutions provider in Asia, leveraging technologies such as big data, blockchain, and artificial intelligence to create a comprehensive digital operation service system for small and medium-sized merchants and industry clients [3][4] - The company holds a prominent market position in China's digital payment sector, with a projected total payment volume of approximately RMB 331.7 trillion by 2024, of which independent digital payment service providers will account for RMB 45.7 trillion [3] Market Position - By 2024, Lakala is expected to achieve a total payment volume exceeding RMB 4 trillion, capturing a market share of 9.4% among independent digital payment service providers, ranking first in this segment [3][4] - The company is also the largest independent digital payment service provider in China's comprehensive acquiring market, with a market share of 11.7%, and in the QR code acquiring market, with a market share of 9.3% [4] Financial Performance - For the six months ending June 30, 2022, 2023, 2024, and 2025, the company reported revenues of approximately RMB 5.36 billion, RMB 5.93 billion, RMB 5.75 billion, and RMB 2.65 billion respectively, with net profits of approximately -RMB 1.44 billion, RMB 457 million, RMB 351 million, and RMB 229 million [6][7]