Group 1 - The company, Shanghai Zhuoyue Ruixin Digital Technology Co., Ltd., has officially launched its IPO subscription in Hong Kong, with Agricultural Bank of China International as the sole sponsor [1] - The main business of the company is divided into two segments: digital teaching content services and products, and digital teaching environment services and products, with the former contributing over 80% of total revenue [3] - The company has shown continuous revenue growth from 400 million yuan in 2022 to 848 million yuan in 2024, with a notable increase in the knowledge graph business, which is expected to generate 340 million yuan in 2024, accounting for 40.1% of total revenue [3] Group 2 - The company holds a 4.0% market share in the highly fragmented Chinese higher education digital teaching market, ranking second overall, and first in the digital teaching content production segment with a 7.3% market share [4] - The company has delivered over 44,000 digital education content products, covering 12 recognized subject categories and 92 majors, establishing a strong brand barrier among higher education clients [4] - The competitive landscape is characterized by low industry concentration, leading to potential pricing competition and increased bargaining power for clients, necessitating ongoing investment in R&D and services [4] Group 3 - The company's financial performance has shown significant volatility, with a net profit exceeding 100 million yuan in 2024 after returning to profitability in 2023, but it also faces seasonal revenue patterns [5] - In the first half of 2025, the company recorded revenue of 275 million yuan but incurred an operating loss of 127 million yuan, closely linked to the purchasing cycles of its primary clients, universities [5] - Cash reserves decreased from 230 million yuan at the end of 2024 to 53.05 million yuan by mid-2025, indicating substantial cash flow pressure for a company with annual revenue of 800 million yuan [5]

上海卓越睿新數碼科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 股份代號：02687 全 球 發售 獨家保薦人、獨家整體協調人、 獨家全球協調人、獨家賬簿管理人及聯席牽頭經辦人 上海卓越睿新數碼科技股份有限公司 重要提示 閣下如對本招股章程的任何內容有任何疑問，應徵詢獨立專業意見。 SHANGHAI ABLE DIGITAL SCIENCE&TECH CO., LTD. 上海卓越睿新數碼科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 全球發售的發售股份數目 ： 6,666,700股H股 香港發售股份數目 ： 666,700股H股（可予重新分配） 國際發售股份數目 ： 6,000,000股H股（可予重新分配） 最高發售價 ： 每股H股76.10港元，另加1%經紀佣金、 0.0027%證監會交易徵費、0.00015%會財 局交易徵費及0.00565%聯交所交易費（須 於申請時繳足，多繳股款可予退還） 面值 ： 每股H股人民幣1.00元 股份代號 ： 2687 獨家保薦人、獨家整體協調人、獨家全球協調人、 獨家賬簿管理人及聯席牽頭經辦人 聯席牽頭經辦人 香港交易及結算所有限公司 ...

据港交所11月23日披露，上海卓越睿新数码科技股份有限公司(简称：卓越睿新数码)通过港交所主板上市聆讯，农银国际为其 独家保荐人。于往绩记录期间，公司已交付超过44,000款数字化教育内容产品，且服务及产品涵盖教育部认可的12个学科门类 及92个专业。 财务方面，于2022年度、2023年度、2024年度及2025年截至6月30日止六个月，公司分别录得收入4亿元(人民币，下同)、6.53 亿元、8.48亿元及2.75亿元。于往绩记录期间，公司的收入主要来自两种类型服务及产品，即数字化教学内容服务及产品以及 数字化教学环境服务及产品。高等教育教学的数字化包括教学内容数字化及教学环境数字化。公司能够满足高等教育机构在 该等方面的多元需求。 | | | | 裁至12月31日止年度 | | | | | 截至6月30日止六個月 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2022年 | | 2023年 | | 2024年 | | 2024年 | | 2025年 | | | | 人民幣千元 | | % 人民感于 ...

香港聯合交易所有限公司與證券及期貨事務監察委員會對本聆訊後資料集的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本聆訊後資料集全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SHANGHAI ABLE DIGITAL SCIENCE&TECH CO., LTD. 上海卓越睿新數碼科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 的聆訊後資料集 警 告 本聆訊後資料集乃根據香港聯合交易所有限公司（「聯交所」）及證券及期貨事務監察委員會（「證監會」） 的要求而刊發，僅用作提供資料予香港公眾人士。 聆訊後資料集為草擬本，其內所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即代表 閣下知悉、接納並向上海卓越睿新數碼科技股份有限公司（「本公司」，連同其附屬公司，統稱「本集團」）、 其獨家保薦人、整體協調人、顧問或包銷團成員表示同意： 本公司根據香港法例第32章《公司（清盤及雜項條文）條例》向香港公司註冊處處長登記本公司招股章程 後方會向香港公眾人士提出要約或邀請。倘於適當時候向香港公眾提出要約或邀請，務請有意投資者 僅依據向香港公司註冊處處長登記的 ...

Core Insights -卓越睿新数码 is a Chinese provider of digital solutions for higher education, focusing on the development, delivery, and operation of digital educational content and teaching scenarios [3] - The company ranks second in the Chinese higher education digitalization market with a market share of 3.4% and first in the digital teaching content production market with a market share of 6.2% [3] - The Chinese higher education digitalization market is highly fragmented, with the top five companies holding only 12.6% of the market share [3] Company Overview -卓越睿新数码 has developed over 31,000 digital courses across 12 recognized disciplines and 92 majors, with 627 courses recognized as "gold courses" by the Ministry of Education [3] - The company offers two main types of services: digital teaching content services and digital teaching environment services, including cloud LMS and digital classrooms [4] - As of December 31, 2024,卓越睿新数码 operates 247 customer service and support centers across 95 cities in China [4] Financial Performance - The company's revenue for 2022, 2023, and 2024 was approximately RMB 400 million, RMB 653 million, and RMB 848 million, respectively [6] - Net profit for the same years was approximately RMB -59.11 million, RMB 81.42 million, and RMB 105.07 million, indicating a turnaround from a loss to profitability [6] - The gross profit margin improved from 44.1% in 2022 to 60.7% in 2023, reflecting enhanced operational efficiency [6]