Company Overview - 聚智科技发展有限公司 (Juzhi Technology) submitted its IPO application to the Hong Kong Stock Exchange on July 23, marking its second attempt after an initial submission on January 17, 2025 [1] - The company, founded in 2015 and headquartered in Huanggang, Hubei, specializes in baby monitoring devices under the "HelloBaby" brand [4] - Over 88.2% of the company's revenue comes from overseas, with a gross profit margin of 52.69% [1][7] Market Dynamics - The global baby monitor market has seen strong growth, driven by rising demand for baby safety products and advancements in smart technology [3] - The market is expected to grow from 14.5 million units in 2020 to 20.3 million units by 2024, with a compound annual growth rate (CAGR) of 8.8% [3] - North America remains a key market, with sales projected to increase from 6.8 million units in 2022 to 8.1 million units by 2024 [3] Sales Performance - 聚智科技's baby monitor sales reached 1.14 million units, making it the leading online exporter of baby monitors to the U.S., capturing 38.7% of the market share [1][6] - The company achieved annual sales of 400,000, 858,000, and 1,138,000 units from 2022 to 2024, with a total of 375,000 units sold in the first four months of 2025 [5] - The company’s revenue for the reporting period was approximately 190 million, 348 million, 462 million, and 150 million yuan, showing consistent growth [7] Financial Performance - Net profit for the reporting period was approximately 34.82 million, 63.37 million, 94.69 million, and 28.31 million yuan, indicating stable profitability [7] - The gross profit margin remained around 50%, with figures of 51.24%, 45.78%, 52.69%, and 52.77% during the reporting period [7] - Approximately 87.2% to 96.4% of the company's revenue came from third-party e-commerce platforms, with Amazon being the largest contributor [7] IPO Utilization - The funds raised from the IPO will be used to expand sales channels and geographic coverage, enhance brand awareness, develop new products, upgrade existing products, and procure new production equipment [8]

星标 ★ IPO日报 精彩文章第一时间推送 7月23日，聚智科技发展有限公司（下称"聚智科技"）向港交所主板递交上市申请，新华汇富为独家 保荐人。此次是聚智科技第二次递表，该公司曾于2025年1月17日递交上市申请。 IPO日报注意到，这家中国公司超过88.2%的收入来自海外，毛利率达52.69%，凭借114万件销量拿下中 国出口美国婴儿监护器的在线出口商的冠军，占据38.7%市场份额，约九成左右的销售收益依赖亚马逊 销售。 AI制图 年销售114 万件婴儿监护器 近年来，在婴儿安全产品需求上涨、婴儿健康意识提高以及智能科技进步的推动下，全球婴儿监护器市 场经历强劲增长。 由父母与子女组成的小家庭成为主流，在缺乏大家庭支援的情况下，父母益发依赖监控装置以确保婴儿 安全，再加上可支配收入增长带动婴儿监护器需求升温，全球婴儿监护器销量由2020年的1450万台增长 至2024年的2030万台，复合年增长率为8.8%；北美洲的婴儿监护器销量由2022年的680万台增加至2023 年的750万台，并进一步上升至2024年的810万台。 事实上，按出口至美国的婴儿监护器计算，中国在所有国家及地区中排名第一，占出口美国市 ...