突然宣布！同仁堂医养，延迟上市！

Core Viewpoint - Tongrentang Yiyang has decided to delay its global offering and listing on the Hong Kong Stock Exchange due to various factors, including current market conditions [2][5]. Group 1: Listing Delay - The company announced the delay just days before its planned listing on March 30, citing multiple factors, including the current market situation [2][8]. - The decision to delay is not uncommon in the Hong Kong market, with several other companies having experienced similar situations [7]. Group 2: Subscription Data - Subscription data for Tongrentang Yiyang was not favorable, with a financing subscription multiple of only 4.85 times, indicating a lack of enthusiasm among retail investors [10]. - In contrast, other companies scheduled to list on the same day, such as Huayan Robotics and Jishijiao, had significantly higher subscription multiples, exceeding 4000 times and 3300 times, respectively [12]. Group 3: Company Overview - Tongrentang Yiyang is a subsidiary of Tongrentang Group, focusing on traditional Chinese medical services and has established a network of 12 owned medical institutions and an internet hospital [17][18]. - The company aims to raise funds to expand its medical service network, enhance service capabilities, and repay certain outstanding bank loans [20]. Group 4: Financial Performance - The company's revenue for the years 2022, 2023, 2024, and the first nine months of 2025 were reported as 911 million, 1.153 billion, 1.175 billion, and 858 million RMB, respectively [19]. - The profit figures for the same periods were approximately -9.23 million, 42.63 million, 46.2 million, and 24 million RMB [19].