Group 1: Company Overview - Qian Dama International Holdings Limited, known as "Qian Dama," has officially initiated its IPO process on the Hong Kong Stock Exchange as of January 12, with Agricultural Bank of China International and China International Capital Corporation as joint sponsors [1][2] - Qian Dama has become the largest community fresh food chain enterprise in mainland China, with a projected overall GMV (Gross Merchandise Volume) of 14.8 billion yuan for 2024 [1][2] - The company operates a unique discount model, where products are discounted starting at 9 PM, with further reductions every 30 minutes until products are given away for free by 11:30 PM, ensuring all fresh products are sold on the day of arrival [2] Group 2: Market Position and Expansion Plans - As of September 30, 2025, Qian Dama plans to have 2,938 community stores and 1,754 franchisees across the country, indicating a strong store network [2][3] - The company aims to open 1,300 franchise stores and 100 self-operated stores over the next five years to enhance community penetration and franchise management capabilities [3] Group 3: Financial Performance - Qian Dama's revenue growth has stagnated in recent years, with reported revenues of 11.744 billion yuan, 11.788 billion yuan, and 8.359 billion yuan for the years 2023, 2024, and the first nine months of 2025, respectively, with a year-on-year decline of approximately 4.2% for the first nine months of 2025 [4] - The company's gross profit margin has improved from 9.8% in 2023 to 10.2% in 2024, reaching 11.3% in the first three quarters of 2025 [5] - Qian Dama's net profit for 2024 was 288 million yuan, a 71% increase year-on-year, but the company reported a loss of 288 million yuan for the first nine months of 2025 due to factors such as changes in the fair value of redeemable convertible preferred shares and share-based payment expenses [5]
钱大妈 正式赴港IPO!
Zheng Quan Shi Bao·2026-01-13 15:32