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魯商服務開始招股，你怎麼看？
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New Stock Offering | Lu Shang Service starts soliciting subscriptions today, expected to be listed on July 8th.

Futu news on June 27th, Monday$LUSHANGSERVICES (02376.HK)$Announcement: The company will conduct a stock offering from June 27 to June 30, with a planned issuance of 33.34 million shares, including 3.334 million shares for public offering and 30.006 million shares for international offering, at an issue price of 5.30-7.92 Hong Kong dollars per share, in lots of 500 shares each, and is expected to be listed on July 8.
Futu news on June 27th, Monday$LUSHANGSERVICES (02376.HK)$Announcement: The company will solicit subscriptions from June 27th to June 30th, planning to issue 33.34 million shares, including 3.334 million shares for public offering and 30.006 million shares for international offering, with an issue price of HK$5.30-7.92 per share, in units of 500 shares. It is expected to be listed on July 8th. Lu Shang Service is a comprehensive property management service provider with a leading market position in Shandong Province, currently covering almost all prefecture-level cities in Shandong Province, as well as Peking and Harbin. According to data from the China Index Institute, the company ranks 14th in comprehensive strength among the top 100 property service companies in China in 2022. In terms of managed construction area, the company's market share is 0.16% among the top 100 property service companies in China and 1% in the Shandong Province market. In terms of financial situation, the company's income for the fiscal years 2019-2021 were 0.321 billion yuan, 0.403 billion yuan, and 5.83 billion yuan, with a compound annual growth rate of 34.7%. Net income for the same period were 0.029 billion yuan, 0.045 billion yuan, and 0.77 billion yuan, with a compound annual growth rate of 63.2%. In terms of industry, as of December 31, 2021, China has over 0.2 million property management companies. The estimated managed construction area of Chinese property management companies is expected to increase from 29 billion square meters in 2022 to 35.5 billion square meters by 2026, compound...
Lushang Service is a comprehensive property management service provider with a leading market position in Shandong Province, currently covering nearly all prefecture-level cities in Shandong Province as well as in Peking and Harbin.
According to data from China Index Institute, the company ranks 14th in the Top 100 Property Service Enterprises in China in 2022 based on comprehensive strength. Based on managed construction area, the company's market share is 0.16% among the Top 100 Property Service Enterprises in China, and 1% in Shandong Province.
Futu news on June 27th, Monday$LUSHANGSERVICES (02376.HK)$Announcement: The company will solicit subscriptions from June 27th to June 30th, planning to issue 33.34 million shares, including 3.334 million shares for public offering and 30.006 million shares for international offering, with an issue price of HK$5.30-7.92 per share, in units of 500 shares. It is expected to be listed on July 8th. Lu Shang Service is a comprehensive property management service provider with a leading market position in Shandong Province, currently covering almost all prefecture-level cities in Shandong Province, as well as Peking and Harbin. According to data from the China Index Institute, the company ranks 14th in comprehensive strength among the top 100 property service companies in China in 2022. In terms of managed construction area, the company's market share is 0.16% among the top 100 property service companies in China and 1% in the Shandong Province market. In terms of financial situation, the company's income for the fiscal years 2019-2021 were 0.321 billion yuan, 0.403 billion yuan, and 5.83 billion yuan, with a compound annual growth rate of 34.7%. Net income for the same period were 0.029 billion yuan, 0.045 billion yuan, and 0.77 billion yuan, with a compound annual growth rate of 63.2%. In terms of industry, as of December 31, 2021, China has over 0.2 million property management companies. The estimated managed construction area of Chinese property management companies is expected to increase from 29 billion square meters in 2022 to 35.5 billion square meters by 2026, compound...
In terms of financial situation, the company's revenue for the fiscal years 2019 to 2021 were RMB 0.321 billion, 0.403 billion, and 5.83 billion respectively, with a compound annual growth rate of 34.7%. The net income for the same period were RMB 0.029 billion, 0.045 billion, and 0.77 billion respectively, with a compound annual growth rate of 63.2%.
Futu news on June 27th, Monday$LUSHANGSERVICES (02376.HK)$Announcement: The company will solicit subscriptions from June 27th to June 30th, planning to issue 33.34 million shares, including 3.334 million shares for public offering and 30.006 million shares for international offering, with an issue price of HK$5.30-7.92 per share, in units of 500 shares. It is expected to be listed on July 8th. Lu Shang Service is a comprehensive property management service provider with a leading market position in Shandong Province, currently covering almost all prefecture-level cities in Shandong Province, as well as Peking and Harbin. According to data from the China Index Institute, the company ranks 14th in comprehensive strength among the top 100 property service companies in China in 2022. In terms of managed construction area, the company's market share is 0.16% among the top 100 property service companies in China and 1% in the Shandong Province market. In terms of financial situation, the company's income for the fiscal years 2019-2021 were 0.321 billion yuan, 0.403 billion yuan, and 5.83 billion yuan, with a compound annual growth rate of 34.7%. Net income for the same period were 0.029 billion yuan, 0.045 billion yuan, and 0.77 billion yuan, with a compound annual growth rate of 63.2%. In terms of industry, as of December 31, 2021, China has over 0.2 million property management companies. The estimated managed construction area of Chinese property management companies is expected to increase from 29 billion square meters in 2022 to 35.5 billion square meters by 2026, compound...
In terms of industry, as of December 31, 2021, there are over 0.2 million property management companies in China. The estimated managed building area by Chinese property management companies is expected to increase from 29 billion square meters in 2022 to 35.5 billion square meters in 2026, with a compound annual growth rate of 5.2%.
Futu news on June 27th, Monday$LUSHANGSERVICES (02376.HK)$Announcement: The company will solicit subscriptions from June 27th to June 30th, planning to issue 33.34 million shares, including 3.334 million shares for public offering and 30.006 million shares for international offering, with an issue price of HK$5.30-7.92 per share, in units of 500 shares. It is expected to be listed on July 8th. Lu Shang Service is a comprehensive property management service provider with a leading market position in Shandong Province, currently covering almost all prefecture-level cities in Shandong Province, as well as Peking and Harbin. According to data from the China Index Institute, the company ranks 14th in comprehensive strength among the top 100 property service companies in China in 2022. In terms of managed construction area, the company's market share is 0.16% among the top 100 property service companies in China and 1% in the Shandong Province market. In terms of financial situation, the company's income for the fiscal years 2019-2021 were 0.321 billion yuan, 0.403 billion yuan, and 5.83 billion yuan, with a compound annual growth rate of 34.7%. Net income for the same period were 0.029 billion yuan, 0.045 billion yuan, and 0.77 billion yuan, with a compound annual growth rate of 63.2%. In terms of industry, as of December 31, 2021, China has over 0.2 million property management companies. The estimated managed construction area of Chinese property management companies is expected to increase from 29 billion square meters in 2022 to 35.5 billion square meters by 2026, compound...
According to data from CIRE, the total revenue of Chinese property management companies is expected to increase from RMB 716.9 billion in 2022 to RMB 877.8 billion in 2026, with a compound annual growth rate of 5.2%.
Futu news on June 27th, Monday$LUSHANGSERVICES (02376.HK)$Announcement: The company will solicit subscriptions from June 27th to June 30th, planning to issue 33.34 million shares, including 3.334 million shares for public offering and 30.006 million shares for international offering, with an issue price of HK$5.30-7.92 per share, in units of 500 shares. It is expected to be listed on July 8th. Lu Shang Service is a comprehensive property management service provider with a leading market position in Shandong Province, currently covering almost all prefecture-level cities in Shandong Province, as well as Peking and Harbin. According to data from the China Index Institute, the company ranks 14th in comprehensive strength among the top 100 property service companies in China in 2022. In terms of managed construction area, the company's market share is 0.16% among the top 100 property service companies in China and 1% in the Shandong Province market. In terms of financial situation, the company's income for the fiscal years 2019-2021 were 0.321 billion yuan, 0.403 billion yuan, and 5.83 billion yuan, with a compound annual growth rate of 34.7%. Net income for the same period were 0.029 billion yuan, 0.045 billion yuan, and 0.77 billion yuan, with a compound annual growth rate of 63.2%. In terms of industry, as of December 31, 2021, China has over 0.2 million property management companies. The estimated managed construction area of Chinese property management companies is expected to increase from 29 billion square meters in 2022 to 35.5 billion square meters by 2026, compound...
In terms of fundraising purposes, the net proceeds to the company are approximately HKD 0.16 billion. The company intends to use the net proceeds from the global offering for the following purposes: 60% for strategic cooperation, acquisitions, and investments to expand business scale and diversify property portfolios; 15% for investing in technology systems and standardizing business operations, as well as developing technical support for community platforms; 15% for enhancing property management services and further developing diversified community value-added services; 10% for working capital.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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