新股消息 | 金添动漫递表港交所 为中国最大的IP趣玩食品企业

Core Viewpoint - Guangdong Jintian Animation Co., Ltd. (referred to as Jintian Animation) has submitted a listing application to the Hong Kong Stock Exchange, with China Merchants Securities International and China Galaxy International as joint sponsors [1] Company Overview - Jintian Animation is a pioneer and leader in China's IP fun food industry, focusing on providing enjoyable and healthy IP fun food products. As of June 30, 2025, the company has established five major production bases nationwide, holds 26 authorized IPs, and offers over 600 active SKUs across five product categories: candies, biscuits, puffed snacks, chocolates, and seaweed snacks [3][4] - The company operates under a business philosophy that leverages snacks as carriers and IPs as drivers, continuously exploring optimal matching forms between IPs and snacks to create a fun and highly customized IP fun food matrix [3] Market Position - According to a Frost & Sullivan report, Jintian Animation is the largest IP fun food enterprise in China by revenue and the fourth largest IP food enterprise, with market shares of 7.6% and 2.5%, respectively, as of 2024. The company also holds the most IP authorizations in the IP fun food sector in China as of June 30, 2025 [3] Product and Marketing Strategy - Jintian Animation's products often feature popular IP elements, such as custom packaging with Ultraman designs and collectible items like Conan cards and Sanrio badges. The company employs an integrated IP operation strategy that includes online KOL promotion, offline IP-themed exhibitions, and scenario-based terminal displays [3] - The company collaborates with IP licensors from Japan, Europe, America, and China, creating a differentiated and industry-leading IP library. It utilizes a multi-channel marketing model, integrating a dealer network, direct sales to retailers, and e-commerce platforms [4] Distribution Network - As of June 30, 2025, Jintian Animation has built a multi-tiered distribution network through over 2,600 dealers, covering more than 1,700 counties in China, achieving a county-level coverage rate exceeding 60% [4] Financial Performance - The company reported revenues of approximately RMB 596 million, RMB 664 million, RMB 877 million, and RMB 444 million for the fiscal years ending December 31 for 2022, 2023, 2024, and for the six months ending June 30, 2025, respectively. Corresponding net profits were approximately RMB 36.7 million, RMB 75.2 million, RMB 130.1 million, and RMB 70 million [4][5]