乐摩科技(02539.HK)拟全球发售555.56万股H股 预计12月3日上市
Ge Long Hui·2025-11-24 23:12

Core Viewpoint - LeMo Technology (02539.HK) plans to globally offer 5.5556 million H-shares, with a price range of HKD 27.00 to HKD 40.00 per share, aiming to expand its market presence in the machine massage service sector in China [1][2]. Group 1: Company Overview - LeMo Technology is the leading provider of machine massage services in China, holding market shares of 33.9%, 37.3%, and 42.9% from 2022 to 2024 based on transaction volume [1]. - By 2024, the company is expected to have over 50% market share in terms of revenue within the Chinese machine massage market [1]. - The company has established over 48,000 service points and deployed more than 533,000 machine massage devices across 31 provincial-level administrative regions and 337 cities in China [2]. Group 2: Market Size and Growth - The machine massage service market in China is projected to reach RMB 2.7 billion in 2024, representing approximately 0.5% of the overall massage market, which is estimated at RMB 53.62 billion [2]. - The company has expanded its service points from 21,727 in 2022 to 45,993 by the end of 2024, achieving a compound annual growth rate (CAGR) of approximately 45.49% [2]. Group 3: Use of Proceeds from Share Offering - Assuming a share price of HKD 33.50, the company estimates net proceeds of approximately HKD 147 million from the global offering [3]. - The allocation of proceeds includes approximately 60% for expanding service point coverage, 20% for technology enhancement, 10% for brand improvement, and 10% for operational funding and general corporate purposes [3].