乐欣户外启动招股 拟于2月10日正式上市

Group 1 - The core viewpoint of the news is that Lexin Outdoor International Limited has officially launched its IPO, aiming to raise approximately HKD 345 million by offering 28.205 million shares at a price of HKD 12.25 per share, with a listing date set for February 10 on the Hong Kong Stock Exchange [1] - Lexin Outdoor's revenue is experiencing robust growth, with projected revenue of CNY 573 million in 2024 and CNY 460 million achieved in the first eight months of 2025, alongside an operating profit of CNY 77.695 million during the same period, providing a solid capital foundation for strategic expansion [1] - The company's brand business is growing rapidly, with sales of its proprietary brand Solar expected to increase nearly threefold from 2018 to 2024, indicating significant growth potential despite the current low share of OBM business [1] Group 2 - The fishing gear industry in China has entered a blue ocean development stage, with an average annual compound growth rate of 18.92% from 2020 to 2024, significantly outpacing global growth rates, and market demand is shifting towards professional, scenario-based, and personalized upgrades [2] - The IPO fundraising is seen as a crucial milestone in Lexin Outdoor's development, enhancing its core competitiveness and strategic layout, while the global trend towards recreational fishing is driving sustained demand for high-quality fishing gear, particularly in emerging markets [2] - As the largest fishing gear manufacturer globally, Lexin Outdoor is well-positioned to leverage its production capacity and product advantages to capture the demand in this blue ocean market, laying a solid foundation for brand upgrades and market expansion [2]