圣贝拉通过港交所聆讯：亚洲最大的产后护理及修复集团，2024年营收8亿元

Core Viewpoint - SAINT BELLA Inc. is the first postpartum care center operator in mainland China to expand outside the region, with a significant presence in high-end maternity care services and a growing international footprint [2][3]. Group 1: Company Overview - SAINT BELLA Inc. operates under the brands of Saint Bella, Bella Isla, and Xiao Bella, with a total of 96 high-end postpartum care centers as of June 3, 2025, including 62 self-operated and 34 managed centers [2]. - The company has expanded its international presence by opening its first management center in Hong Kong in January 2022, a self-owned center in Singapore in October 2023, and a management center in the Greater Los Angeles area in May 2024 [3]. Group 2: Business Segments - In addition to postpartum care centers, SAINT BELLA offers family care services under the "Yu Jia" brand and functional health foods for women, having acquired the "Guang He Tang" brand in October 2021 [4]. - Approximately 84% of postpartum care service clients also paid for other services or products from SAINT BELLA in the first four months of 2024, indicating a strong customer retention and lifecycle value [4]. Group 3: Financial Performance - The revenue for SAINT BELLA from 2022 to 2024 was reported as 472 million, 560 million, and 799 million yuan respectively [5]. - The total contract value for all business lines from 2022 to 2024 was 589 million, 776 million, and 976 million yuan, with self-operated postpartum care center contracts valued at 500 million, 640 million, and 760 million yuan [5]. - The company achieved a turnaround in 2023 with an adjusted net profit of 20.77 million yuan, which is expected to increase to 42.25 million yuan in 2024 [6]. Group 4: Investment and IPO Plans - SAINT BELLA has received investments from notable institutions including Tencent, Gao Rong Capital, and others, with Tencent and Gao Rong holding 11.6% and 8.3% of shares respectively prior to the IPO [7][8]. - The funds raised from the IPO will be primarily used for expanding the postpartum care network, opening new centers, integrating competitors, launching new services and products, recruiting and training family care experts, and developing IT platforms to enhance operational efficiency [8].