Core Viewpoint - Guangzhou Ruoyuchen Technology Co., Ltd. (hereinafter referred to as "Ruoyuchen") has submitted its prospectus to the Hong Kong Stock Exchange, with CITIC Securities International and GF Securities as joint sponsors. The company focuses on home cleaning and dietary supplements under its own brands, including Zhanjia, Feicui, and Niuyibei [2]. Financial Performance - Ruoyuchen's revenue for the years 2022 to 2024 is projected to be RMB 1.217 billion, RMB 1.366 billion, and RMB 1.766 billion, respectively, with net profits of RMB 33.79 million, RMB 54.29 million, and RMB 105.64 million for the same years [3]. - In the first half of 2025, the company achieved revenue of RMB 1.319 billion, representing a year-on-year growth of 67.6%, with a net profit of RMB 72.26 million, up 85.6% year-on-year [2]. Shareholding Structure - Before the IPO, the company is controlled by Wang Yu, Wang Wenhui, and Tianjin Yayi, who collectively hold approximately 42.93% of the equity [4]. Management Team - Wang Yu, aged 40, is the Executive Director, Chairman, and General Manager of the company, having founded it in May 2011. He is responsible for the overall strategic planning and business direction [5]. - Wang Wenhui, aged 39, was appointed as a director in May 2017 and has extensive experience in finance and equity investment. She has held various roles within the company and is currently a senior consultant for employee career development [6][7].