Core Viewpoint - Saint Bella Group has officially submitted its IPO application to the Hong Kong Stock Exchange, aiming to pioneer the family quality care sector in the Hong Kong market [1] Financial Performance - From 2021 to 2023, the group's sales increased from RMB 258.76 million to RMB 559.91 million, nearly doubling, while operating revenue rose from RMB 259 million to RMB 560 million, representing an increase of over 116% [2] - For the first half of 2024, the group reported revenue of RMB 357.78 million, a year-on-year growth of 32%, with gross profit reaching RMB 121.75 million, up approximately 30% compared to the same period last year [3] Business Model and Structure - Saint Bella Group focuses on high-quality family care services through three main business segments: postpartum care centers, family care services, and women's health functional foods, achieving a comprehensive layout of "scenario-based services + new retail products" [1] - The group has attracted investments from several well-known institutions, including Tencent with an 11.6% stake and Gao Rong Capital with approximately 8.3%, indicating strong market confidence in the group's growth prospects [3] Market Outlook - The successful IPO of Saint Bella Group is expected to provide new investment opportunities for investors and further promote the development of the family quality care market, as consumer demand for high-quality family care services continues to rise [5]