Group 1 - The company, 乐舒适 (02698.HK), is conducting an IPO with a total of 90,884,000 shares available for sale, with 9,088,400 shares allocated for the Hong Kong public offering and 81,795,600 shares for international offering [2][4] - The expected price range for the shares is between HKD 24.20 and HKD 26.20, with a maximum fundraising target of approximately HKD 23.81 billion [4][5] - The IPO is set to take place from October 31, 2025, to November 5, 2025, with the listing date on November 10, 2025 [3][4] Group 2 - The company plans to allocate approximately 71.4% of the net proceeds from the IPO for expanding overall production capacity and upgrading production lines [6] - About 11.6% of the funds will be used for marketing and promotional activities in Africa, Latin America, and Central Asia from 2026 to 2029 [6] - The company has secured 15 cornerstone investors who have collectively subscribed for USD 139 million (approximately HKD 1.08 billion) of the offering [5][6] Group 3 - The major shareholder structure post-IPO indicates that沈延昌 and 杨艳娟, through Century BVI, will hold 54.75% of the shares [7][8] - The company operates multiple brands, including Softcare, Veesper, Maya, Cuettie, and Clincleer, focusing on the development, manufacturing, and sales of hygiene products [8] - According to a report by Frost & Sullivan, 乐舒适 ranks first in the African market for baby diapers and sanitary napkins by volume, with market shares of 20.3% and 15.6%, respectively [8]
乐舒适(02698)招股