Core Viewpoint - JuShuiTan, an e-commerce SaaS provider, successfully listed on the Hong Kong Stock Exchange, raising approximately HKD 20.86 billion through its IPO, with a strong demand reflected in the oversubscription rates for both public and international offerings [4][5]. Group 1: IPO Details - JuShuiTan's IPO involved a global offering of 68.1662 million shares, accounting for 16% of the total shares post-issue, with a share price set at HKD 30.60 [4]. - The public offering was oversubscribed by 1,952.95 times, while the international offering saw a 22.89 times oversubscription [4]. - The company attracted 13 cornerstone investors who collectively subscribed for USD 130 million of the offering [4]. Group 2: Shareholder Structure - Post-IPO, Mr. Luo Haidong controls approximately 39.37% of JuShuiTan through direct holdings and voting rights arrangements [5]. - Key shareholders include Black Tea, Popogo, and Taurus Lee, with respective holdings of 19.16%, 11.40%, and 5.43% [6]. Group 3: Market Position - Established in 2014, JuShuiTan is the largest e-commerce SaaS ERP provider in China, holding a market share of 24.4% based on 2024 e-commerce SaaS ERP revenue [6]. - The company also ranks as the largest e-commerce operation SaaS provider in China with an 8.7% market share based on 2024 SaaS total revenue [6]. - JuShuiTan is the second-largest e-commerce SaaS provider in China, with a market share of 7.1% based on relevant revenue for 2024 [6]. Group 4: Stock Performance - As of the latest update, JuShuiTan's share price reached HKD 37.96, reflecting a 24.05% increase, with a total market capitalization of approximately HKD 161.72 billion [7]. - The stock opened at HKD 38.00, with a trading volume of 28.2922 million shares [8].
聚水潭，成功在香港上市