Core Viewpoint - Wokefan Technology Co., Ltd. has submitted its prospectus for an IPO on the Hong Kong Stock Exchange, with Huatai International as the sole sponsor, focusing on cross-border new retail in Southeast Asia, particularly in 3C accessories and small home appliances [2]. Group 1: Company Overview - Wokefan Technology is a cross-border new retail enterprise based in China, with a strategic focus on Southeast Asia, particularly Indonesia, Vietnam, Thailand, and the Philippines [2]. - The company has established itself as a leading Chinese cross-border company in the 3C accessories category in Indonesia and ranks sixth in the small home appliances category [2]. Group 2: Financial Performance - For the fiscal years 2023 and 2024, Wokefan reported revenues of 908.36 million RMB and 1,048.74 million RMB, respectively, with net profits of 18.32 million RMB and 20.35 million RMB [3]. - In the first three quarters of 2025, the company achieved a revenue of 880.47 million RMB, reflecting a year-on-year growth of 17.56%, with a profit of 41.65 million RMB, up 25.8% [3]. Group 3: Shareholding Structure - Prior to the IPO, Qianhai Hailu and Xu Longhua held 44.06% and 4.86% of the company's shares, respectively, with Qianhai Hailu being a limited liability company established in China [4]. - Xu Longhua controls approximately 48.92% of the company through Qianhai Hailu [4]. Group 4: Management Team - Xu Longhua, the founder and chairman of the board, has over 22 years of experience in marketing and business management, having served as the executive director since the company's establishment in May 2014 [5]. - Wang Feng, the vice president since May 2014, oversees strategic procurement management and is also an executive director of several subsidiaries [9].
沃客非凡49岁副总王枫为董事长妹夫、负责采购,曾任鞋厂内刊编辑
Sou Hu Cai Jing·2026-01-22 02:26