瑞派宠物港股IPO

Group 1 - The core point of the article is that Ruipai Pet Hospital has submitted its IPO application to the Hong Kong Stock Exchange, aiming to become the "first stock of Chinese pet medical services" and has achieved a significant milestone by turning profitable in the first half of 2025 [1][2] - Ruipai Pet Hospital, established in 2012 and headquartered in Tianjin, has built a stable business structure focusing on pet hospital operations, with 548 operating pet hospitals as of June 30, 2025, positioning itself as a key player in the domestic pet medical service sector [1] - The company is the only large chain pet medical service provider in China to publicly announce profitability amidst a generally challenging environment for the pet medical industry [2] Group 2 - Ruipai's financial performance shows a significant turnaround, with revenue reaching 940 million yuan and a net profit of 16 million yuan in the first half of 2025, following losses in previous years [2] - The number of pet owners served by Ruipai increased from 1.2161 million in 2022 to 1.4303 million in 2024, indicating a growing core user base, while the average spending per visit rose from 397.3 yuan in 2022 to 442.2 yuan in the first half of 2025 [2] - The IPO fundraising will focus on expanding the pet hospital network, enhancing health management services, building IT infrastructure, and conducting brand marketing, which could significantly boost the company's market presence if successful [3]