【Purchase of new shares1318】MAO GEPING IPO News | 0X0Continuous Fee Withdrawal IPO Offer

$MAO GEPING(01318.HK)$ Announcement to launch from December 2, 2024 to December 5, 2024IPOs, the company intends to offer 70.5882 million shares worldwide and is expected to be listed on December 10, 2024 at 100 shares per share, with a share price of HK$26.3.3-29.8, with an entry fee of HK$3010.05 per share.

MAO GEPING IPO COMPANY OVERVIEW

MAO GEPING IS A FAMOUS CHINESE HIGH-END BEAUTY BRAND, FOUNDED IN 2000 BY FAMOUS COSMETOLOGIST MAO GEPING. The brand specializes in cosmetics and beauty services, and has a high reputation and influence in the Chinese market. MAO GEPING IS KNOWN FOR ITS PROFESSIONAL COSMETIC TECHNOLOGY AND HIGH QUALITY PRODUCTS TO PROMOTE PERSONALIZED BEAUTY IDEAS. The brand's products cover many aspects of makeup and skin care, and are loved by consumers.

Financial Overview

MAO GEPING has experienced rapid growth since the record period, with the company's actual revenue increasing from RMB1.577 billion in 2021 to RMB1.829 billion in 2022, further increasing to RMB2.886 billion in 2023 and 35.3% compound year growth from 2021 to 2023. The total revenue of the company increased from RMB13.99 for the six months ended June 30, 2023 to RMB1.972 billion for the six months ended June 30, 2024.

The company's gross profit increased from RMB1.316 billion in 2021 to RMB1.533 billion in 2022, and further increased to RMB2.448 billion in 2023, with a compound year growth rate of 36.4% for 2021 to 2023. The Company's gross profit also increased from RMB1.182 billion for the six months ended June 30, 2023 to RMB1.674 billion for the six months ended June 30, 2024.

Source:MAO GEPING BROCHURE

Industry Overview

According to the information of Vfister Sullivan, cosmetics can be divided into five categories: Skin Care Products, Personal Care Products, Color Makeup, Perfume and others. Beauty products are cosmetics designed to improve skin condition and highlight or change the appearance of the face or body, mainly including skin care and makeup products.

According to the data of Vincent Sullivan, according to retail sales figures, the market model of the China Cosmetic Industry grew from RMB402.6 billion in 2018 to RMB579.8 billion in 2023, a compound year growth of 7.6%. The market model is expected to grow at a compound annual growth rate of 8.6% from 2023 to 2028, reaching RMB876.3 billion by 2028.

The following chart shows the historical and forecast market patterns of the Chinese Cosmetics Industry Retail Sales by Product Category 2018 to 2028:

Cornerstone Investors

For cornerstone investors, CPE Investment, Genshin Gaya Capital, Seraphim Advantage, Ivy, Brilliant Partners Fund LP and China Core Fund, Mega Prime have agreed, subject to a number of conditions, to subscribe or induce their designated entity subscriptions at an offer price of approximately US$0.1 billion (assuming an offer price of HK$28.05, the middle of the offering price range).

Funding Purposes

In terms of utilisation, MAO GEPING expects global sales proceeds to be around HK$1.8445 billion (based on the issue price range of HK$28.05 billion). BASED ON THE OFFER OF SHARES, MAO GEPING WILL USE THE GLOBAL SALES POOL FUNDS FOR THE FOLLOWING PURPOSES:

Net raised funds about 25.0% of the term will be used to expand the sales network of the company About 20.0% of the time will be used for brand building activities About 15.0% of the time will be used for overseas expansion and acquisition About 10.0% of the time will be used to strengthen the company's production and supply chain capacity Approximately 9.0% of the time will be used for strengthening the company About 6.0% of the product design and development capacity will be spent on the company's Cosmetic Arts Training Institutions, 5.0% will be spent on the digitization of the company's operations and information infrastructure facilities, and about 10.0% will be spent on operating funds and general business.

HOW TO PROCEED WITH THE PURCHASE OF MAO GEPING IPO

Only by purchasing new shares in Futui through General or Futui Expansion, you will be able to use it immediately for a recurring fee^, and the interest will reach $109,300 through Bank Expansion! 

Use the 0.167 billion dollar expansion calculation for the purchase of pharmaceutical companies (02268.HK). The sample is for illustrative purposes only, the stock market is risky, and investors must re-enter the market. The new share buyback is restricted to Bank Expansion, and Futuro International Profitability for the Purchasing Page Display.

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How to Make a New Share Purchase in Futu

It only takes three steps to buy new shares in Futu!

Step 1: Open a Securities Account for New Share Purchases

Open a combined account on Futu, click below to open now and enjoy the opening reward of over $USD.(Open an account now)

Step 2: After entering the New Share Center, enter the Futui Beef FutuBullApp, select the market cap, select the Hong Kong shares, and select the new shares required to be purchased again.

Step 3: Confirm order quantity and order method

Select the method you hope to purchase (Ordinary, Futures, or Bank Expansion) and enter the quantity and proceed with the purchase.

New customers who open an account for a limited time can enjoy up to 1000 mosquito account opening offers. Grab the time to find money right now!

*New share buybacks are limited to Bank Expansion, and Futu and Futu will demonstrate international earnings on the purchase page as standard.

^0Real-time fee refers to the cash purchase and/or the Futu Expansion Procurement Fee0 application fee.

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