Core Viewpoint - Yunfeng Mogan Mountain Eco Home Co., Ltd. is shifting its focus to the Hong Kong stock market after failing to list on the A-share market, submitting its prospectus for an IPO on January 16 [1]. Financial Performance - The revenue figures for Yunfeng Mogan Mountain from 2023 to the third quarter of 2025 are 3.394 billion, 3.456 billion, and 2.519 billion yuan, respectively, maintaining an average annual revenue above 3 billion yuan [3]. - The gross profit for the same period is reported as 754 million, 775 million, and 646 million yuan, with gross margins of 22.2%, 22.4%, and 25.7%, showing a year-on-year increase [3]. Distribution Network - The contribution of distributors to the total revenue is significant, accounting for 90.3%, 85.6%, 87.6%, and 76.0% of total revenue for the years 2023, 2024, and the nine months ending September 30, 2025 [3]. Company Background - Yunfeng Mogan Mountain was registered in the Cayman Islands on September 17, 2025, and was previously associated with Zhejiang Shenghua Yunfeng New Materials Co., Ltd., which aimed to list on the Shanghai Stock Exchange [3]. - The company withdrew its IPO application from the Shanghai Stock Exchange on April 21, 2025, leading to the termination of the review process for its public offering [4].
云峰莫干山转战港股 此前曾冲刺A股上市未果
Zhong Guo Jing Ying Bao·2026-01-18 11:00