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Fengchao goes public in Hong Kong! Accumulated losses of over 3.7 billion yuan in the past three years, with income of 1.9 billion yuan in the first five months of this year.
①From 2021 to 2023, Fengchao's revenue was 25.26 billion yuan, 28.91 billion yuan, and 38.12 billion yuan, respectively, with net losses of 20.71 billion yuan, 11.66 billion yuan, and 5.41 billion yuan. The accumulated losses over three years exceeded 3.7 billion yuan. ②From capital formation to collective exit, ZTO Express, STO Express, and Yunda Express respectively earned about 0.5 billion yuan, 0.389 billion yuan, and 0.545 billion yuan.
Fengchao Holdings submitted documents to the Hong Kong Stock Exchange, becoming the world's largest operator of smart express cabinet network.
On September 2nd, SF Express Holdings submitted an application for listing to the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor.
Hong Kong IPO Weekly Report: midea group co., ltd passes the hearing at the Hong Kong Stock Exchange, and two lithium battery suppliers have submitted their applications successively.
1. How is the recent performance of Midea Group Co., Ltd. during the Hong Kong Stock Exchange hearing? 2. What are the highlights of the two consecutive submissions from lithium battery suppliers?
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