Core Viewpoint - Marco Polo, the largest tile manufacturer in China, successfully listed on the Shenzhen Stock Exchange, marking a significant achievement as the only tile company to do so in the past five years [1][3][9]. Group 1: Company Overview - Marco Polo was founded in 1996 and is headquartered in Dongguan, specializing in the research, production, and sales of building ceramics [15]. - The company has developed into one of the largest manufacturers and sellers of building ceramics in China, with major brands including "Marco Polo Tiles" and "Weimei L&D Ceramics" [15]. - As of the end of 2024, Marco Polo has 8,276 sales outlets and operates five production bases in China and the United States [15]. Group 2: Financial Performance - In the years 2022 to 2024, Marco Polo achieved revenues of 8.661 billion, 8.925 billion, and 7.324 billion respectively, with corresponding net profits of 1.514 billion, 1.353 billion, and 1.327 billion [15]. - The company’s market share increased from 2.62% in 2022 to 3.27% in 2024, indicating a steady growth trajectory [17]. - For the first three quarters of 2025, Marco Polo expects revenues between 4.85 billion and 5.1 billion [17]. Group 3: IPO Details - Marco Polo's IPO involved issuing 119 million shares at an issue price of 13.75 yuan per share, raising a total of 1.643 billion yuan [9]. - The company’s stock opened at 33.1 yuan per share, a 140.73% increase from the issue price, with a market capitalization approaching 40 billion yuan on the first day [7][3]. - The funds raised will be used for various projects, including the construction of smart ceramic home industry parks and upgrades to production lines [9]. Group 4: Leadership and Control - Huang Jianping, the founder and chairman of Marco Polo, holds a 42.12% stake in the company and controls 95.55% of the voting rights, making him the actual controller [21]. - Huang also controls another listed company, *ST Sitong, which focuses on various ceramic products, indicating his significant influence in the ceramics industry [23].
市值375亿！这位在深交所敲钟的潮汕老板，再收获一家上市公司