Core Viewpoint - Guangzhou Yujian Xiaomian Catering Co., Ltd. (Yujian Xiaomian) was listed on the Hong Kong Stock Exchange, opening at HKD 5.00, below the issue price, and closing at HKD 5.08, a decline of 27.84% [1] Group 1: Company Overview - Yujian Xiaomian operates as a Chinese noodle restaurant chain [2] - The total number of shares offered was 97,364,500, with 9,736,500 shares for public offering in Hong Kong and 87,628,000 shares for international offering [2][3] - The final issue price was HKD 7.04, raising a total of HKD 685.4 million, with a net amount of HKD 617.0 million after deducting estimated listing expenses of HKD 68.4 million [3][4] Group 2: Use of Proceeds - The proceeds from the global offering will be used for expanding the restaurant network, enhancing geographical coverage, upgrading technology and digital systems, brand building, strategic investments in upstream food processing companies, and general corporate purposes [4] Group 3: Financial Performance - Yujian Xiaomian's revenue for 2022, 2023, and 2024 is projected to be RMB 418.1 million, RMB 800.5 million, and RMB 1,154.4 million respectively, with a profit turnaround from a loss of RMB 36.0 million in 2022 to profits of RMB 45.9 million in 2023 and RMB 60.7 million in 2024 [9] - The company recorded net cash generated from operating activities of RMB 104.8 million in 2022, increasing to RMB 245.1 million in 2023 and projected to reach RMB 313.5 million in 2024 [10][11]
遇见小面港股募6.9亿港元首日破发 基石高瓴浮亏28%