"零食很忙"和"赵一鸣零食"于2023年11月合并，组成鸣鸣很忙集团。其中 "零食很忙"由晏周先生于2017年3月在湖南长沙创立，"赵一鸣零食"由赵定先生 于2019年1月在江西宜春创立。 01 鸣鸣很忙赴港IPO 2025年4月28日，据港交所文件， 湖南鸣鸣很忙商业连锁股份有限公司（下称"鸣鸣很忙"）已正式向港交所递交上市申请。 招股书显示， 鸣鸣很忙2024年门店零售额（GMV）达555亿元，全年交易单数超过16亿笔，持续聚焦"量贩模式"。截至2024年12月31日，鸣鸣很忙共有 14394家门店，覆盖全国28个省份，其中约58%位于县城与乡镇， 其旗下"零食很忙"与"赵一鸣零食"已经成为国民平价零食品牌。 CFO曾参与A轮融资 据招股说明书， 该公司共有9位董事，包括5位执行董事，1位非执行董事及3为独立非执行董事。 5位执行董事依次为 董事长、执行董事兼总经理晏周先生，副董事长、执行董事兼副总经理赵定先生，执行董事兼首席财务官王钰潼先生，执行董事、职 工代表董事及商品与供应链负责人王平安先生，执行董事及门店运营负责人李维先生。 1位非执行董事为苏凯博士； 3为独立非执行董事：依次为彭慧女士、邱煌先生 ...

Core Viewpoint - Hunan Mingming Hen Mang Commercial Chain Co., Ltd. has submitted its IPO application in Hong Kong, indicating significant growth and expansion in the snack retail sector [1][2] Company Overview - Mingming Hen Mang was formed in November 2023 through the merger of "Lingshi Hen Mang" and "Zhao Yiming Snacks" [1] - The company has a registered capital that increased from 24.72 million yuan to 200 million yuan in April 2024 [1] - As of December 2024, the company operates 14,394 stores across 28 provinces in China, with approximately 58% located in county towns and rural areas [1] Financial Performance - Revenue figures for Mingming Hen Mang are as follows: 4.286 billion yuan in 2022, 10.295 billion yuan in 2023, and 39.344 billion yuan in 2024 [2] - Net profit for the same years was 81 million yuan, 235 million yuan, and 913 million yuan respectively [2] - The gross margin has remained stable between 7.5% and 7.6% during this period [2] Business Model - The company employs a "low-margin, high-volume" business model, directly connecting with manufacturers to reduce costs [2] - In 2024, 99.5% of revenue came from sales to franchise and direct stores, with franchise fees and service income accounting for less than 0.5% [2] - The number of franchisees has grown significantly from 994 in 2022 to 7,241 in 2024 [2] Market Position - According to a report by Frost & Sullivan, Mingming Hen Mang is the largest leisure food and beverage retail chain in China by GMV as of 2024 [1] - The company has attracted investments from notable firms, including Sequoia China, which invested approximately 310 million yuan shortly before the IPO application [2]

酒店机器人3年亏了8个亿 很多人或许觉得云迹科技这个名字陌生，但在万豪、洲际、华住、亚朵、锦江等集团旗下的酒店，你可 能已经跟它的机器人相遇不止一回了。 根据招股书，截至去年底，云迹科技的机器人已被聘入国内超3万家酒店，以2023年收入计，云迹科技 在全球和中国酒店场景的市占率分别为9%、12.2%，均排名第一。但这个龙头过得也并非全然风光。过 去三年，云迹科技在营收5亿多元的情况下，净亏损累计超8亿元。 汪峰女友森林北首次直播带货 汪峰女友森林北（李巧）正式开启直播带货首秀，直播间命名为"首播见面会"。 此次转型受到其与汪峰恋情曝光后舆论风波的影响，同时也引发公众对其职业路径调整的关注。直播 中，森林北讲解所带货产品，直播观看人数已超4.8万人。 《哪吒2》出品人回应饺子闭关 动画电影《哪吒之魔童闹海》获第二十届中国电影华表奖"特别贡献影片"，出品人王长田代领奖并转述 导演饺子宣布新作前"闭关"。 4月28日，出品人王长田在主题为"中国电影新展望"的《对话》录制现场回应此事：拿到华表奖，饺子 导演压力很大，所以宣布"闭关"直至新作面世。作为合作伙伴，尊重他专注于创作的精神，希望他加 油，但不要把"弦"绷断了 ...

Core Insights - Hunan Mingming Hen Mang Commercial Chain Co., Ltd. has officially submitted its IPO application to the Hong Kong Stock Exchange, marking a significant step for the company [1] - Mingming Hen Mang is recognized as the largest leisure food and beverage retail chain in China by GMV for 2024, and the fourth largest food and beverage retail chain in the country [1] Financial Performance - Revenue for Mingming Hen Mang was reported at 4.286 billion RMB in 2022, 10.295 billion RMB in 2023, and is projected to reach 39.344 billion RMB in 2024 [1] - Adjusted net profits were 81 million RMB in 2022, 235 million RMB in 2023, and are expected to be 913 million RMB in 2024 [1] Business Model and Growth - In 2024, 99.5% of the company's revenue will come from sales to franchise and direct stores, with franchise fees and service income accounting for less than 0.5% [1] - The number of franchisees increased from 994 in 2022 to 3,377 in 2023, and is projected to reach 7,241 in 2024 [1] Market Presence - The company is expected to achieve a GMV of 55.5 billion RMB in 2024, with over 1.6 billion transactions and a total membership of 120 million, of which 103 million are active buyers [2] - As of December 31, 2024, Mingming Hen Mang will operate 14,394 stores across 28 provinces and all tiered cities in China, with approximately 58% located in county and town areas [2] Profitability Metrics - The gross margin for Mingming Hen Mang has remained stable between 7.5% and 7.6% from 2022 to 2024, while the net profit margin has improved from 1.7% to 2.1% [2] - The adjusted net profit margin is expected to maintain a level around 2.3% [2] Future Plans - The company plans to use the proceeds from the IPO primarily for store expansion and upgrades, supply chain optimization, and digitalization efforts to enhance market penetration and meet diverse consumer demands [2]

三湘都市报4月28日讯（全媒体记者 潘显璇）港交所官网今日披露了湖南鸣鸣很忙商业连锁股份有限公 司（简称"鸣鸣很忙"）递交的上市申请。招股书显示，鸣鸣很忙2024年门店零售额（GMV）达555亿 元，全年交易单数超过16亿，持续引领"量贩模式"。 截至2024年12月31日，鸣鸣很忙共有14394家门店，覆盖全国28个省份和所有线级城市，其中约58%位 于县城与乡镇，深入渗透下沉市场。其旗下"零食很忙"、"赵一鸣零食"都是非常受消费者欢迎的国民平 价零食品牌。根据弗若斯特沙利文报告，按2024年GMV计，鸣鸣很忙是中国最大的休闲食品饮料连锁 零售商，并位列中国第四大食品饮料连锁零售。 招股书披露，2022年、2023年和2024年鸣鸣很忙收入分别为42.86亿元、102.95亿、393.44亿元。同期， 经调整净利润分别为0.81亿元、2.35亿元和9.13亿元。 鸣鸣很忙的收入体系并非"品牌方赚加盟费"的传统逻辑。数据显示，2024年其99.5%收入来自向加盟店 和直营店销售商品，加盟费及服务收入占比不足0.5%。加盟商数量从2022年的994家增加至2023年的 3377家，2024年达到7241家。 公 ...