Core Viewpoint - The company, Impression Da Hong Pao, is set to launch an IPO from December 12 to December 17, 2025, aiming to issue 36.1 million H-shares with a price range of HKD 3.47 to HKD 4.1 per share, targeting a net proceeds of approximately HKD 110 million from the global offering [1][2]. Group 1: Company Overview - Impression Da Hong Pao is a state-owned cultural tourism service enterprise headquartered in Wuyishan, Fujian Province, ranking eighth in China's cultural tourism performance market by revenue in 2024 [1][3]. - The company operates three main business segments: (i) performance and show services, (ii) Impression Cultural Tourism Town business, and (iii) tea hotel business [1]. Group 2: Financial Projections and Use of Proceeds - Assuming a mid-point offering price of HKD 3.79 per share, the estimated net proceeds of approximately HKD 110 million will be allocated as follows: (1) 23% for upgrading the flagship performance "Impression Da Hong Pao," (2) 28.6% for developing the Impression Jianzhou food-themed street and enhancing the Impression Cultural Tourism Town, (3) 20% for acquiring another quality cultural tourism performance project, (4) 11% for brand promotion, (5) 7.4% for upgrading ticketing management systems, and (6) 10% for working capital and general corporate purposes [2]. Group 3: Revenue Performance - The company's total revenue for the years ending December 31 for 2022, 2023, and 2024, as well as for the six months ending June 30, 2024, and 2025, were approximately RMB 63 million, RMB 144 million, RMB 137 million, RMB 51.5 million, and RMB 55.9 million, respectively [3].
印象大红袍12月12日至12月17日招股 拟全球发售3610万股H股 预计12月22日上市
Zhi Tong Cai Jing·2025-12-11 23:35