印象大红袍(02695)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

Core Viewpoint - The company, Impression Da Hong Pao, is set to launch an IPO from December 12 to December 17, 2025, aiming to raise approximately HKD 110 million through the sale of 36.1 million H-shares, with a price range of HKD 3.47 to HKD 4.1 per share [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]. - The company operates three main business segments: performance and show services, Impression Cultural Tourism Town business, and 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 company estimates a net proceeds of approximately HKD 110 million from the global offering after deducting underwriting commissions and other estimated expenses [2]. - The intended use of the net proceeds includes: - Approximately 23% for upgrading the flagship performance "Impression Da Hong Pao" [2]. - About 28.6% for further developing the Impression Jianzhou Food Theme Street and the Impression Cultural Tourism Town, including enhancements to the surrounding landscape [2]. - Around 20% for acquiring another quality cultural tourism performance project [2]. - Approximately 11% for brand image enhancement and business influence promotion [2]. - About 7.4% for upgrading the ticket management system and software [2]. - Approximately 10% for working capital and other 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].