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石头科技(688169):赴香港上市,获中国证监会备案通知书,摩根大通、中信证券联席保荐
Sou Hu Cai Jing· 2025-12-27 06:11
备案通知书主要内容如下: 石头科技,于2025年6月27日在港交所递交招股书, 摩根大通 、 中信证券 联席保荐。 石头科技,成立于2014年,作为智能家用机器人领域的全球领导者,致力于通过技术和功能卓越的产品 及解决方案满足消费者的需求,主要产品包括智能扫地机器人系列、其他智能家居清洁产品(包括洗地 机、洗烘一体机)。根据灼识咨询的数据,于2024年按GMV及销量及,石头科技是全球第一智能扫地机 器人品牌,市场份额分别为23.4%、16.7%。 一、公司拟发行不超过33,108,000股境外上市普通股并在香港联合交易所上市。 二、自备案通知书出具之日起至本次境外发行上市结束前,公司如发生重大事项,应根据境内企业境外 发行上市有关规定,通过中国证监会备案管理信息系统报告。 三、公司完成境外发行上市后15个工作日内,应通过中国证监会备案管理信息系统报告发行上市情况。 公司在境外发行上市过程中应严格遵守境内外有关法律、法规和规则。 四、公司自备案通知书出具之日起12个月内未完成境外发行上市,拟继续推进的,应当更新备案材料。 备案通知书仅对公司境外发行上市备案信息予以确认,不表明中国证监会对公司证券的投资价值或者投 ...
400亿,“扫地茅”又要IPO了
Sou Hu Cai Jing· 2025-08-10 12:33
Core Viewpoint - Stone Technology is set to go public again on the Hong Kong Stock Exchange, following its successful listing on the STAR Market in 2020, with a focus on enhancing its global brand recognition and capital structure [1][5]. Financial Performance - Stone Technology reported revenues of RMB 66.11 billion, RMB 86.39 billion, and RMB 119.18 billion for the years 2022, 2023, and 2024 respectively, with net profits of RMB 11.84 billion, RMB 20.51 billion, and RMB 19.77 billion for the same years [1][2]. - In Q1 2025, the company achieved revenue of RMB 34.28 billion, marking an 86.22% year-on-year increase [3]. Market Position - Stone Technology is the leading brand in the Chinese smart vacuum cleaner market, with a market share of 23.4% in GMV and 16.7% in sales volume as of 2024 [3][5]. - The company has expanded its global presence, with products sold in over 170 countries and regions, and a significant increase in global sales of smart vacuum cleaners from approximately 224.6 million units in 2022 to about 344.9 million units in 2024, reflecting a compound annual growth rate of 24.9% [2][5]. Research and Development - In 2024, Stone Technology invested RMB 9.71 billion in R&D, a 56.93% increase from the previous year, with a workforce of 1,043 in the R&D team, accounting for 40.74% of total employees [2]. - The company launched several new products in 2024, including the P20 Pro and G20S Ultra vacuum cleaners, which feature innovative technologies and improved cleaning capabilities [2]. International Revenue Growth - The company reported a 51.06% year-on-year increase in overseas revenue, which reached RMB 63.88 billion, surpassing domestic revenue for the first time [5]. - The primary markets for smart vacuum cleaners include China, the USA, Japan, South Korea, and Germany, collectively accounting for about 65% of the global market share [5]. Industry Trends - The global smart home cleaning products market is projected to grow from USD 6 billion in 2020 to USD 15.1 billion in 2024, with a compound annual growth rate of 25.8% [6]. - The smart vacuum cleaner segment is expected to reach USD 25.2 billion by 2029, with a compound annual growth rate of 22.0% from 2024 to 2029, indicating strong growth potential [6]. Competitive Landscape - The smart vacuum cleaner industry is facing increased competition and price wars, with many products seeing significant price reductions [7]. - Stone Technology is exploring new growth avenues by expanding into overseas markets and diversifying its product offerings to maintain its competitive edge [7].