Core Insights - Jiaxing Jushuitan Intelligent Technology Co., Ltd. officially listed on the Hong Kong Stock Exchange, marking a significant milestone for enterprises in the Nanhu District [1] - The company's stock opened at HKD 38 per share, nearly 25% higher than the issue price, with a market capitalization exceeding HKD 16 billion [3] - The overwhelming demand for shares was evident, with the public offering oversubscribed by 1,952 times and international offerings oversubscribed by over 22 times [3] Company Performance - Jushuitan has established itself as a leader in the e-commerce SaaS ERP sector, holding a market share of 24.4% in 2024, surpassing the combined share of its next four competitors [3] - The company serves over 92,000 clients and has integrated with more than 400 global e-commerce platforms and 800 logistics service providers [5] - The net customer revenue retention rate reached 115% in 2024, indicating strong customer loyalty and continued service upgrades [5] Financial Growth - Revenue is projected to grow from over CNY 500 million in 2022 to over CNY 900 million in 2024, reflecting an average annual growth rate exceeding 30% [5] - The company achieved profitability for the first time in 2024, with a gross margin surpassing 70% [5] Support from Local Government - The success of Jushuitan is attributed to the comprehensive support from the Nanhu District, which has facilitated various resources for the company since its inception [7] - The district has implemented numerous initiatives to assist digital economy enterprises, including resolving entry challenges and optimizing the business environment [7][8] - The establishment of dedicated facilities like the Jiaxing E-commerce Industrial Park has streamlined the process for companies to set up operations [7]
今天，聚水潭在港交所成功上市！