新股消息 | 共享按摩设备商乐摩科技通过港交所聆讯 已投放超50万张按摩椅

Core Viewpoint - LeMo Technology Service Co., Ltd. is preparing for its IPO on the Hong Kong Stock Exchange, with CITIC Construction Investment International and Shenwan Hongyuan Hong Kong as joint sponsors. The company previously filed under the name Fujian LeMo IoT Technology Co., Ltd. [1] Company Overview - LeMo Technology provides massage services through machine-operated devices located in high-traffic public areas across China. The company ranks first among machine massage service providers in China by transaction volume, with market shares of 33.9%, 37.3%, and 42.9% for the years 2022 to 2024, respectively. By revenue, it is projected to hold over 50% market share in 2024 [3]. - As of December 31, 2024, there are over 10,000 massage service providers in China, with more than 50 being machine massage service providers. The market size for machine massage services is estimated at RMB 2.7 billion, representing approximately 0.5% of the overall massage market, which is valued at RMB 536.2 billion [3]. Service Network Expansion - The number of service points increased from 21,727 on December 31, 2022, to 45,993 by December 31, 2024, reflecting a compound annual growth rate (CAGR) of approximately 45.49%. The company has reached over 174 million identifiable consumers and has more than 40 million registered members as of November 15, 2025 [4]. - The company has established significant coverage in commercial complexes, cinemas, and airports, achieving milestones such as 5,318 service points in large commercial complexes, 904 cinemas with annual box office revenues exceeding RMB 5 million, and 24 airports with annual passenger traffic over 10 million [4]. Financial Performance - The company reported revenues of approximately RMB 330.15 million, RMB 586.84 million, RMB 797.99 million, and RMB 631.73 million for the fiscal years ending December 31 from 2022 to 2024, and for the eight months ending August 31, 2025, respectively. The net profit for the same periods was RMB 6.48 million, RMB 87.34 million, RMB 85.81 million, and RMB 88.55 million [6][7]. - The operating profit for the fiscal years was RMB 16.08 million, RMB 108.23 million, RMB 105.58 million, and RMB 106.95 million for the respective years [7].