Core Viewpoint - Yuwang Bio-Nutrition Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, aiming to become a global leader in the nutrition and health sector, particularly in the refined fish oil market [1][3]. Company Overview - Yuwang Bio-Nutrition is the largest supplier of food-grade refined fish oil and its products globally, holding a market share of 8.1% as of 2024 [3]. - The company is one of the pioneers in China to achieve industrial-scale production of food-grade fish oil and pharmaceutical-grade fish oil [3]. Business Segments - The main business activities include the development, production, and sale of: 1. Refined fish oil 2. Fish oil soft capsules and other dietary supplement products, including CDMO and branded dietary supplements 3. Pharmaceuticals and other products [3]. Revenue Contribution - Refined fish oil, fish oil soft capsules, and other dietary supplement products have consistently contributed to the majority of the company's revenue, accounting for approximately: - 97.5% in 2022 - 97.0% in 2023 - 98.0% in 2024 - 98.8% for the six months ending June 30, 2025 [3]. Financial Performance - The company reported revenues of approximately: - 534.3 million RMB in 2022 - 661.0 million RMB in 2023 - 832.3 million RMB in 2024 - 343.0 million RMB for the six months ending June 30, 2025 [4]. - Net profit and total comprehensive income for the same periods were approximately: - 67.3 million RMB in 2022 - 102.0 million RMB in 2023 - 125.3 million RMB in 2024 - 22.8 million RMB for the six months ending June 30, 2025 [4]. Industry Competition - The global fish oil nutrition industry is highly competitive, with major brands leveraging technological advantages, brand recognition, abundant raw materials, and advanced production techniques to capture significant market shares [3]. - The top five players are estimated to account for about 32.4% of the total industry revenue in 2024 [3].
新股消息 | 禹王生物营养递表港交所 为全球最大的食品级精制鱼油及其制品供应商
智通财经网·2025-10-20 08:48