每经记者｜吴泽鹏 每经编辑｜陈星 仙乐健康（SZ300791，股价24.75元，市值76.14亿元）于1月11日晚间发布公告，公司拟发行境外上市 外资股（H股）股票并申请在香港联交所主板挂牌上市，拟聘任德勤·关黄陈方会计师行为公司本次H股 上市的审计机构。 《每日经济新闻》记者注意到，近年来，仙乐健康国内业绩增长承压，2024年，其境内收入同比下滑 10.28%，2025年上半年同比也下滑1.63%。相比之下，其在美洲、欧洲的业绩均保持增长。 此前公司曾介绍，国内长青市场（指经久不衰的长青客户和具备竞争壁垒、生命周期较长的长青产品所 构成的市场）部分传统渠道承压，海外布局取得扎实进展，中美欧亚太的产能布局基本落成。 此外，记者还发现，仙乐健康于2021年发行可转债募资10亿元投向马鞍山生产基地扩产等项目，最近， 仙乐健康宣布数字信息化建设项目延期。 根据仙乐健康1月11日晚间的公告，公司拟发行境外上市外资股（H股）股票并申请在香港联交所主板 挂牌上市。 仙乐健康还宣布，根据公司本次H股上市的需要，公司拟聘任德勤·关黄陈方会计师行为公司本次H股上 市的审计机构。截至目前，公司正积极与相关中介机构就本次发行并上市 ...

Group 1: Financial Performance - Revenue from the Americas market increased by 4.26% year-on-year, reaching 760 million CNY in the first half of 2025 despite trade tensions [5] - The company maintained a stable gross margin for its export business to the Americas through various cost control measures [5] Group 2: Strategies for Market Expansion - The company plans to scale up its gummy business and explore existing large clients' needs, preparing for sales opportunities in 2026 [2] - Focus on expanding sales in the Latin American market, particularly targeting new clients in Brazil [2] - Strengthening team development by equipping sales regions with business development and customer operation teams [2] Group 3: Response to Tariff Challenges - The company has implemented strategies to mitigate the impact of tariffs, including adjusting end-user prices and locking in raw material costs [2] - Engaging in negotiations with suppliers to reduce cost increases and sourcing alternative materials [2] Group 4: Globalization and Supply Chain Efficiency - The company is advancing its global strategy by enhancing local capabilities and improving operational efficiency in overseas factories [3] - Plans to diversify market risks by expanding into emerging markets such as Southeast Asia and Latin America [6] Group 5: Production Capacity and Order Fulfillment - Domestic factories have a medium to high capacity utilization for soft capsules, gummies, and tablets, while beverage powder capacity is underutilized [4] - The company is steadily progressing in fulfilling existing orders, with overall sales and delivery conditions being normal [4] Group 6: Future Development Focus - The company aims to solidify its leading position in domestic markets while expanding into new consumer channels [6] - Plans to enhance technological capabilities, including the development of an AI-driven formula design system and digital transformation initiatives [7] Group 7: Goodwill and Acquisitions - The company reported goodwill of over 400 million CNY due to acquisitions, with no current impairment risks identified [7] - Integration of acquired companies into the overall business strategy to strengthen global supply capabilities [7]