Core Insights - The China Securities Regulatory Commission has approved Hunan Mingming Hen Mang Commercial Chain Co., Ltd. for overseas issuance and listing, allowing the company to issue up to 76.6664 million shares of overseas listed common stock and convert approximately 198 million unlisted shares into listed shares on the Hong Kong Stock Exchange [2][3] Group 1: Company Overview - Mingming Hen Mang was formed through the merger of "Snacks Hen Mang" established in 2017 and "Zhao Yiming Snacks" founded in 2019, completing the merger in November 2023 to enhance scale and network advantages [2] - The company operates a retail network of 16,783 stores across 28 provinces and all tiered cities in China, with about 58% of its stores located in county towns and rural areas [3] Group 2: Financial Performance - In 2024, Mingming Hen Mang recorded a Gross Merchandise Volume (GMV) of RMB 55.5 billion, with a GMV of RMB 41.1 billion for the first half of 2025, representing a year-on-year growth of 86.9% [3] - According to a report by Frost & Sullivan, Mingming Hen Mang is one of the top ten chain retailers in China for 2024 and the fastest-growing among them [3] Group 3: Market Position - Mingming Hen Mang is the largest chain retailer in China by GMV in the leisure food and beverage category for 2024 and ranks as the fourth largest in the overall food and beverage sector, maintaining rapid growth [3]
鸣鸣很忙：赴香港上市获中国证监会备案通知书，高盛、华泰国际联席保荐
Xin Lang Cai Jing·2025-12-12 05:53