Company Overview - Hangzhou Tongshifu Cultural and Creative (Group) Co., Ltd. has submitted an application to list on the main board of the Hong Kong Stock Exchange, with CMB International as the sole sponsor [1] - The company focuses on integrating traditional craftsmanship with modern design to develop copper cultural and creative products, holding a leading market position in China's copper cultural product market with a market share of 35.0% as of December 31, 2024 [5][6] Financial Performance - Revenue figures for Tongshifu are approximately RMB 503.2 million, RMB 506.4 million, and RMB 571.2 million for the years ending 2022, 2023, and 2024 respectively, with a revenue of RMB 283.6 million and RMB 308.2 million for the six months ending June 30, 2024, and 2025 respectively [7][10] - Profit figures for the same periods are RMB 56.9 million, RMB 44.1 million, and RMB 78.0 million for 2022, 2023, and 2024 respectively, with profits of RMB 39.8 million and RMB 30.2 million for the six months ending June 30, 2024, and 2025 respectively [8][10] - Gross profit margins have shown a positive trend, with margins of 32.2%, 32.4%, and 35.4% for 2022, 2023, and 2024 respectively, and margins of 36.0% and 35.1% for the six months ending June 30, 2024, and 2025 respectively [9][10] Industry Overview - The global cultural and creative industry is projected to grow from RMB 16.0 trillion in 2019 to RMB 19.5 trillion by 2024, with a compound annual growth rate (CAGR) of 4.0% [11] - The market for cultural and creative products in China is expected to expand from RMB 4.5 trillion in 2019 to RMB 6.4 trillion by 2024, with a CAGR of 7.4% [13] - The market for metal cultural products in China is anticipated to grow from RMB 231 billion in 2019 to RMB 252 billion by 2024, with copper products leading the growth at a CAGR of 7.3% [17]
铜师傅再度递表港交所 总收入在中国铜质文创工艺产品市场位列第一
Zhi Tong Cai Jing·2025-11-12 05:25