腾讯、俞敏洪等知名资本都投了！厦门一公司冲刺IPO：停车生意做到中国第二，还“出海”到了新加坡等国

Core Viewpoint - Keta Co., Ltd., China's second-largest smart parking space operator, has submitted its fourth listing application to the Hong Kong Stock Exchange after previous attempts in 2017, 2021, and a failed submission in April 2025 [1][2]. Company Overview - Founded in 2006, Keta ranks second in China's smart parking space industry with a market share of 3.3% based on 2024 revenue [2]. - As of June 30, 2025, Keta operates 19,341 parking lots, serving a total of over 68,000 parking projects globally, with a cumulative service of over 300 million vehicles [2][3]. - The company achieved a daily average of 2.1 million temporary parking orders in 2024, generating an annual transaction volume exceeding 7.5 billion yuan [2]. Financial Performance - Keta's revenue for 2024 was nearly 800 million yuan, with a gross margin of approximately 46% and a net margin of 11% [2]. - Revenue figures for 2022, 2023, and 2024 were 649 million yuan, 738 million yuan, and 800 million yuan, respectively, with gross margins of about 43.07%, 46.44%, and 45.89% [4]. - Despite revenue growth, net profit has shown a decline, with 2024 net profit at 86.7 million yuan, slightly lower than 87 million yuan in 2023 [4]. Competitive Advantage - Keta's core competitiveness stems from its early technological advancements, including the introduction of a video-based cardless payment system in 2012 and a partnership with Tencent in 2014 to launch a mobile internet application for parking [3]. - The smart parking system contributes over 60% of the company's revenue, encompassing technologies such as license plate recognition and seamless payment solutions [4]. Management Team - The company is led by co-founders Sun Longxi and Huang Jinlian, who hold significant stakes and have diverse backgrounds in technology and business management [5][6]. Capital Support - Keta has received backing from notable investors, including Tencent, which has invested 130 million yuan since 2018, and Hongtai Aplus, co-founded by Yu Minhong [7]. - The IPO proceeds will primarily focus on technology development, market expansion, and enhancing the service network [8][9]. Market Expansion Plans - Keta aims to increase its market share in southeastern coastal regions such as Fujian, Guangdong, Zhejiang, and Jiangsu [8]. - The company has successfully localized its license plate recognition and electronic payment systems in several overseas markets, indicating a feasible plan for global expansion [9].