Core Viewpoint - LeMo Technology is launching an IPO with a global offering of 5.5556 million shares priced between HKD 27 and HKD 40, indicating strong market interest with an oversubscription of approximately 5912.8 times [1] Group 1: Company Overview - LeMo Technology provides machine massage services through its network of service points located in high-traffic public areas across China [1] - 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 by November 2025 [2] - The company has achieved a compound annual growth rate (CAGR) of approximately 45.49% in expanding its service points from 21,727 in December 2022 to 45,993 by December 2024 [2] Group 2: Market Position - According to Frost & Sullivan, LeMo Technology ranks first among all machine massage service providers in China by transaction volume, with market shares of 33.9%, 37.3%, and 42.9% for the years 2022, 2023, and 2024 respectively [1] - By 2024, the company is expected to hold over 50% market share in terms of revenue within the Chinese machine massage market [1] Group 3: Financial Performance - The company reported revenues of approximately RMB 330 million, RMB 587 million, RMB 798 million, and RMB 631 million for the fiscal years 2022, 2023, 2024, and the eight months ending August 31, 2025, respectively [2] - The net profit and total comprehensive income for the same periods were RMB 6.481 million, RMB 87.34 million, RMB 85.807 million, and RMB 88.55 million [2]
新股消息 | 共享按摩设备商乐摩科技(02539)获券商借出约1314亿港元孖展 超购约591...