印象股份通过港股IPO聆讯 九成收入依赖单一业务

Group 1 - The core point of the article is that Impression Dahongpao Co., Ltd. is in the process of completing its IPO on the Hong Kong Stock Exchange, with joint sponsors being Xizheng International and Kaisheng [2] Group 2 - Impression Co. was established on January 21, 2009, as a state-owned cultural tourism service enterprise headquartered in Wuyishan, Fujian Province, focusing on performance services, cultural tourism towns, and tea and liquor hotels [7] - This is not the first attempt by Impression Co. to go public; it was listed on the New Third Board in January 2017 and later attempted to transfer to the Beijing Stock Exchange but terminated the process in May 2024 after four years of guidance [7] - The company submitted its application to the Hong Kong Stock Exchange on January 15, 2025, which became invalid, and then resubmitted on October 14, 2025 [7] Group 3 - The revenue figures disclosed in the prospectus for the years 2022 to 2025 are approximately 63.04 million, 144 million, 137 million, and 55.88 million respectively, with total profits and comprehensive income of approximately -2.60 million, 47.50 million, 42.81 million, and 6.78 million [7] - About 90% of the company's revenue comes from the performance "Impression Dahongpao," generating revenues of approximately 57.60 million, 136 million, and 130 million for the years 2022 to 2024, accounting for about 91.4%, 94.3%, and 94.6% of total revenue respectively [7] Group 4 - Besides "Impression Dahongpao," the company is developing other businesses, but the data shows modest growth; the tea and liquor hotel business generated revenues of 2.08 million, 3.91 million, and 3.81 million from 2022 to 2024, with a consistent loss recorded [8] - To seek new revenue growth and expand its performance service offerings, the company launched a new show "Moonlight Wuyi," which premiered on April 17, 2025, but has been operating at a loss since its debut, recording a loss of 1.80 million in the first half of 2025 [8] - The company has stated that it cannot guarantee "Moonlight Wuyi" will break even or be profitable, and failure to improve its financial situation could significantly impact its business and financial performance [8]