Group 1 - Quantitative Technology Co., Ltd. (referred to as "Quantitative Technology") has completed its IPO subscription and is set to list on the Hong Kong Stock Exchange on November 27, 2025, with an offering price range of HKD 8.8 to HKD 9.8 per share, aiming to raise up to HKD 130 million [3][4] - The company plans to issue 13.348 million shares, with a net fundraising amount of only HKD 5.8 million, indicating that the issuance costs exceed HKD 100 million [3][4] - If priced at the upper limit of HKD 9.80 per share, the expected market capitalization upon listing would be HKD 5.03 billion [3] Group 2 - Quantitative Technology operates an online marketplace called "Yang Xiaomei," which has generated revenue of RMB 400 million in the first five months of 2025, accounting for approximately 98.1% of the company's total revenue [4][6] - The company also runs an O2O platform called "Consumption Map" for automotive retail, which began operations in April 2022 [4][6] - Revenue from Yang Xiaomei is projected to account for 93.2% and 98.1% of total revenue for the fiscal years ending December 31, 2022, and 2023, respectively [6] Group 3 - Quantitative Technology's revenue for the years 2022, 2023, and 2024 was RMB 475.3 million, RMB 529.7 million, and RMB 993.0 million, respectively, with gross profits of RMB 312.8 million, RMB 367.7 million, and RMB 961.9 million [7][11] - The company reported a net profit of RMB 1.47 billion for the fiscal year ending December 31, 2024, and RMB 125.6 million for the first five months of 2025 [11][12] - The adjusted net profit for 2022, 2023, and 2024 was RMB 126.3 million, RMB 148 million, and RMB 363.3 million, respectively, with an adjusted EBITDA of RMB 1.37 billion for 2022 [12][14] Group 4 - As of May 31, 2025, Quantitative Technology held cash and cash equivalents amounting to RMB 428 million [14] - The company has undergone a restructuring process, including the divestment of its related company, Yingtan Guangda, prior to the IPO [15][16] - The shareholding structure post-IPO indicates that major shareholders include Sunshine Insurance and Gaorong Capital, with significant stakes held by the company's executives [17][19][23]
量化派结束招股：发行费用过亿，募资净额580万港元 11月27日上市