Core Viewpoint - Lin Qingxuan Cosmetics Group Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, closing at HKD 85.00 with a 9.30% increase on the first day of trading [1]. Group 1: IPO Details - The total number of shares offered globally was 13,966,450 H-shares, with 1,396,650 shares for public offering in Hong Kong and 12,569,800 shares for international offering [2]. - The offering price was set at HKD 77.77, raising a total of HKD 1,086.2 million, with net proceeds amounting to HKD 997.1 million after deducting estimated listing expenses of HKD 89.1 million [5]. Group 2: Use of Proceeds - The net proceeds from the global offering will be used for brand value enhancement, development of a multi-channel sales network, establishment of overseas sales channels, strengthening production and supply chain capabilities, technology research and development, and digital transformation of operations [5]. Group 3: Financial Performance - Lin Qingxuan's total revenue for 2022, 2023, 2024, and the six months ending June 30, 2025, were RMB 691.2 million, RMB 805.0 million, RMB 1,209.6 million, and RMB 1,051.8 million respectively [5][6]. - The company reported a net loss of RMB 5.9 million in 2022, followed by net profits of RMB 84.5 million in 2023 and RMB 186.8 million in 2024 [6][7]. Group 4: Cash Flow and Expenses - The net cash generated from operating activities was RMB 65.3 million in 2022, increasing to RMB 205.8 million in 2023, and projected to be RMB 306.5 million in 2024 [8]. - Sales expenses reached RMB 688.5 million in 2024, accounting for 56.86% of revenue, while R&D expenses were only RMB 30.4 million, representing 2.5% of revenue [8].
林清轩上市募10.9亿港元首日仅涨9% 高端定位轻研发