印象大红袍(02695.HK)拟全球发售3610万股H股 预计12月22日上市
Ge Long Hui·2025-12-11 23:17

Core Viewpoint - The company, Impression Dahongpao (02695.HK), plans to globally offer 36.1 million H-shares, with a price range of HKD 3.47 to 4.10 per share, aiming to raise approximately HKD 110.4 million from the offering [1][3]. Group 1: Company Overview - Impression Dahongpao is a state-owned cultural tourism service enterprise headquartered in Wuyishan, Fujian Province, ranking eighth in China's cultural tourism performance market in 2024 based on sales revenue from performances [1]. - The company has been listed on the New Third Board since January 20, 2017, under the stock code 870608 [1]. Group 2: Business Segments - The company operates three main business segments: (i) performance and show services; (ii) Impression Cultural Tourism Town business; and (iii) tea soup hotel business [1]. - The performance and show services segment includes three main offerings: (i) the iconic performance "Impression Dahongpao" scenic show; (ii) a new performance "Moonlight Wuyi" launching in May 2025; and (iii) customized performances for corporate clients [2]. Group 3: Use of Proceeds - Assuming a mid-point offering price of HKD 3.79 per share and no exercise of the over-allotment option, the estimated net proceeds of approximately HKD 110.4 million will be allocated as follows: - 23.0% for upgrading the iconic performance "Impression Dahongpao" by 2027 - 28.6% for innovating the Impression Cultural Tourism Town by 2026 - 20.0% for acquiring another cultural tourism performance project by 2027 - 11.0% for enhancing brand image and expanding business influence by 2027 - 7.4% for upgrading ticket management systems and other software by 2027 - 10.0% for working capital and other general corporate purposes by 2027 [3].