君乐宝宣称的IPO时间，只剩7个月了

Core Viewpoint - Junlebao aims to achieve a sales target of 50 billion yuan by 2025 and is preparing for an IPO, but as of now, it remains in the counseling phase with only seven months left until the deadline [1][6]. Group 1: IPO Preparation - Junlebao has been pursuing its "IPO dream" since 2008, but previous events, such as the melamine scandal, hindered its plans [2]. - After separating from Mengniu in 2019, Junlebao began to prepare for its IPO by introducing investment institutions and expanding through acquisitions [3][4]. - The company has undergone significant changes, including a name change to "Junlebao Dairy Group Co., Ltd." and an increase in registered capital from 62.216 million yuan to 720 million yuan [4]. Group 2: Financial Performance and Challenges - Junlebao's sales reached 20.3 billion yuan in 2021, indicating a need to more than double its revenue in four years to meet its 2025 target [7]. - The company has a high debt ratio, with liabilities reaching 78% of its total assets by the end of 2022, compared to an industry average of 45.06% [12]. - The pressure from investment institutions for an exit strategy adds urgency to Junlebao's IPO plans, as many investors have a typical exit timeline of 5-7 years [14][15]. Group 3: Strategic Acquisitions - Since its separation from Mengniu, Junlebao has made several strategic acquisitions to expand its business, including investments in cheese suppliers and other dairy companies [8]. - The company has increased its acquisition frequency since announcing its IPO plans, aiming to diversify its product offerings beyond milk and yogurt [9]. Group 4: Government Support and Market Position - The local government in Hebei province is actively supporting Junlebao's IPO, as it seeks to establish a leading dairy enterprise in the region following past industry scandals [16]. - Junlebao's position as the largest dairy company in Hebei makes it a key player in the local market, further emphasizing the need for its successful IPO [17].