据此前招股书提到，圣火科技是一家于2013年成立的整合营销及广告营销服务商，公司的营销技术服务主要借助先进技术在产品外包装及单个产品上嵌入二 维码。根据弗若斯特沙利文的数据，按2024年相关服务收益计算，公司在中国二维码营销解决方案服务商中排名第四，市场份额约为1.8%。 圣火科技集团有限公司(简称：圣火科技)于2025年8月27日所递交的港股招股书满6个月，于2026年2月27日失效，递表时信达国际为其独家保荐人。 | 27/08/2025 | 聖火科技集團有限公司 | | --- | --- | | | 09/09/2025 整體協調人公告 - 委任（經修訂） PDF | | | 27/08/2025 申請版本（第一次呈交） 全文檔案 [四]多檔案 > | | | 前提交文件: | | | 27/08/2025 整體協調人公告 - 委任 歴 | ...

Core Viewpoint - Shenghuo Technology Group Limited has submitted its listing application to the Hong Kong Stock Exchange, aiming to enhance its financing capabilities and expand its shareholder base through international capital market access [1][2]. Group 1: Company Overview - Shenghuo Technology, established in 2013, is a technology-driven marketing company specializing in integrated marketing services, marketing technology services, and advertising marketing services [2]. - The company has developed a proprietary "one code for one item" technology that embeds QR codes on product packaging, helping clients create data-driven marketing strategies [2]. - According to Frost & Sullivan, Shenghuo ranks fourth among QR code marketing solution providers in China, with a market share of approximately 1.8% as of 2024 [2]. Group 2: Financial Performance - Shenghuo Technology reported revenues of 112 million yuan, 163 million yuan, 252 million yuan, and 129 million yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [2]. - The net profits for the same periods were 19.78 million yuan, 27.15 million yuan, 33.20 million yuan, and 12.11 million yuan [2]. - The company’s revenue is highly dependent on a few major clients, with revenue contributions from the top five clients being 96.1%, 91.2%, 79.8%, and 94.1% for the years 2022, 2023, 2024, and the first half of 2025, respectively [4]. Group 3: Client Dependency and Risks - Shenghuo Technology's financial performance is significantly influenced by its relationships with major clients and its ability to acquire new clients [4]. - The largest client accounted for 87.9%, 78.6%, 49.3%, and 45.2% of the company's revenue for the years 2022, 2023, 2024, and the first half of 2025, respectively [4]. - The company acknowledges that any reduction in demand from major clients or failure to maintain and expand its client base could adversely affect its financial condition and operational performance [4]. Group 4: Future Plans - The funds raised from the IPO are intended for upgrading and developing AI vertical intelligence, enhancing marketing solutions, expanding operations in Southeast Asia and Hong Kong, and acquiring new clients domestically [3].

Company Overview - Shenghuo Technology Group Limited has submitted a listing application to the Hong Kong Stock Exchange, with Cinda International as its sole sponsor [1] - Established in 2013, the company is an integrated marketing and advertising service provider based in Guangzhou, China, focusing on integrated marketing services, marketing technology services, and advertising marketing services [4] Market Growth - The integrated marketing market in China is projected to grow at a compound annual growth rate (CAGR) of 4.6% from approximately RMB 67.2 billion in 2020 to RMB 80.4 billion in 2024, and is expected to reach around RMB 99.3 billion by 2029, with a forecasted CAGR of about 4.3% from 2024 to 2029 [4] Service Offerings - The company utilizes proprietary "one code for one item" technology to provide marketing technology services, embedding QR codes on product packaging [4] - According to Frost & Sullivan, Shenghuo Technology ranks fourth among QR code marketing solution providers in China, with a market share of approximately 1.8% based on projected service revenue for 2024 [4] Financial Performance - Shenghuo Technology's revenue for the fiscal years 2022, 2023, 2024, and the first six months of 2025 were approximately RMB 112.3 million, RMB 163.4 million, RMB 252 million, and RMB 129 million respectively [5][6] - The company's net profit for the same periods were RMB 19.8 million, RMB 27.2 million, RMB 33.2 million, and RMB 12.1 million respectively [5][6] Client Dependency - The company has a high dependency on its top five clients, with revenue contributions of approximately 96.1%, 91.2%, 79.8%, and 94.1% for the fiscal years 2022, 2023, 2024, and the first six months of 2025 [5] - The largest client accounted for about 87.9%, 78.6%, 49.3%, and 45.2% of the company's revenue during the same periods [5]