老铺黄金再次进行配售:发售价732港元 募资净额27亿港元

Core Viewpoint - The company Lao Pu Gold (stock code: 06181.HK) has announced a placement of 3,711,800 new H-shares at a price of HKD 732.49 per share, which represents a discount to recent trading prices. The net proceeds from this placement are expected to be approximately HKD 2.7 billion, with funds allocated for inventory reserves, store expansion, and working capital [2][3]. Financial Performance - For the first half of 2025, Lao Pu Gold reported sales revenue of RMB 14.18 billion, a significant increase of 249.4% compared to RMB 4.06 billion in the same period last year [4][6]. - The company's revenue for the same period reached RMB 12.35 billion, reflecting a growth of 251% from RMB 3.52 billion year-on-year [6][7]. - The gross profit for the first half of 2025 was RMB 4.71 billion, up 223.4% from RMB 1.45 billion in the previous year [6]. - The profit before tax was RMB 2.96 billion, marking a 279.8% increase from RMB 780.4 million year-on-year [6]. - The net profit for the period was RMB 2.27 billion, a rise of 285.8% compared to RMB 587.8 million in the same period last year [6][8]. Market Position and Stock Performance - Lao Pu Gold's stock price has experienced significant volatility, having previously reached a peak of HKD 1,108, but has since fallen by 30.78% to HKD 767, with a current market capitalization of HKD 132.4 billion [9]. - The company is recognized as one of the fastest-growing entities in the Hong Kong stock market, alongside peers such as Pop Mart and Mixue [9]. Use of Proceeds from Placement - The proceeds from the recent share placement will be allocated as follows: 70% for inventory reserves, 10% for store expansion and optimization, and 20% for working capital and general corporate purposes [2].