| [编纂]的[编纂]數目 . | [编纂]股股份(視乎[编纂]行使與否而定) | | --- | --- | | 「編纂]數目 : | [编纂]股股份(可于编纂]) | | [编纂]數目 : | [編纂]股股份(可予編纂]及 | | | 視乎編纂 行使與否而定) | | 最高 编纂] : | 每股[編纂]港元,另加1%經紀佣金、 | | | 0.0027％證監會交易徵費、0.00565％聯交所 | | | 交易費及0.00015%會財局交易徵費(須於申請時 | | | 以港元繳足,多繳款項可予退還) | | 面值 : | 母股股份0.00001美元 | | 【编纂】 ። [编纂] | | | 獨家保薦人、[編纂]、[編纂]、 | | | [编纂 及[编纂] | | | 或表溫】 | 海通威娱 | | GUOTAL HAITONG | HATTONG | 瑞财经 王敏 近日，据港交所文件，Zaihui Inc.（再惠）向港交所提交上市申请书，独家保荐人为国泰海通。 招股书显示，再惠成立于2015年，作为AI优先解决方案提供商，助力本地商家管理、营销及获利，公司的全栈模式将策略与执行无缝整合，提供覆盖 门店诊断 ...

Core Viewpoint - Zaihui Inc. has submitted its listing application to the Hong Kong Stock Exchange, aiming to leverage its position as a leading AI-driven solutions provider for local businesses in the restaurant sector [3] Group 1: Company Overview - Zaihui Inc. was established in 2015 and focuses on providing AI-first solutions to help local businesses manage, market, and profit [3] - The company offers a full-stack model that seamlessly integrates strategy and execution, providing comprehensive solutions including store diagnostics, automated operational recommendations, and precise traffic acquisition [3] Group 2: Market Position - According to Zhaoshang Consulting, Zaihui is the largest online operation and marketing solutions provider for the restaurant industry in China, holding a market share of 0.7% in 2024 [5] - Zaihui is one of the few providers in China capable of offering full-stack online merchant operation support and new media marketing [5] - In terms of GMV facilitated by online operation and marketing solutions in 2024, Zaihui achieved market shares of 9.8% on Xiaohongshu, 0.8% on Douyin, and 14.4% on Dazhong Dianping [5] Group 3: Financial Performance - For the fiscal year ending December 31, 2023, Zaihui reported revenues of RMB 378.5 million, with a net loss of RMB 445.5 million [6] - Projected revenues for 2024 and 2025 are RMB 494.9 million and RMB 449.0 million, respectively, with corresponding net losses of RMB 235.3 million and RMB 70.6 million [6] - The company’s gross profit for 2023 was RMB 230.8 million, with a gross profit margin that reflects its operational efficiency [6] Group 4: Shareholding Structure - The largest single shareholder of Zaihui is SoftBank Group, holding 20.73% through SVF II Tempest [7] - Other significant shareholders include Lightspeed China with 13.51%, Yunfeng Fund with 11.95%, and DCM Capital with a combined holding of 9.29% [7]