乐摩科技今起招股，预计12月3日挂牌上市，中国最大的机器按摩服务提供商

Core Viewpoint - LeMo Technology (02539.HK) plans to globally offer 5.5556 million H-shares, with a price range of HKD 27.00 to 40.00 per share, aiming for a listing on December 3, 2025 [4][11] Company Overview - LeMo Technology provides massage services through machine massage equipment located in high-traffic public areas across China [4] - The company has established over 48,000 service points and deployed more than 533,000 massage machines, covering all 31 provincial-level administrative regions and 337 cities in China [5][7] Market Position - According to Frost & Sullivan, LeMo Technology ranks first among machine massage service providers in China by transaction value, with market shares of 33.9%, 37.3%, and 42.9% for the years 2022 to 2024 [11] - The company holds over 50% market share in the Chinese machine massage market by revenue in 2024 [4] Financial Performance - LeMo Technology's total revenue for the years ending December 31 for 2022, 2023, and 2024 was RMB 330 million, RMB 587 million, and RMB 798 million, respectively, with year-on-year growth rates of 77.75%, 35.98%, and 13.80% [9] - The company's gross profit for the same periods was RMB 85.34 million, RMB 245 million, and RMB 288 million [10] Consumer Base - The company has a cumulative identifiable consumer base of over 174 million, with more than 40 million registered members [5] - The average daily transaction volume per massage machine decreased from 2.95 in 2023 to 2.04 in 2024 due to a significant increase in the number of machines [10] Future Plans - To enhance the average daily transaction volume per machine, LeMo Technology plans to strengthen online marketing activities across various social media platforms [10] - The estimated net proceeds from the global offering will be approximately HKD 147 million, with allocations for expanding service points, technology enhancement, brand improvement, and general corporate purposes [11]