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If Qi Travel submits the IPO application to the HKEx

2025-04-05 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Thanks to the CTOnews.com netizen Mr. Air, liliuwei for the clue delivery! According to CTOnews.com news on August 19, if Qi Travel submitted its listing application to the main board of the Hong Kong Stock Exchange, China International Capital Corporation, Huatai Financial Holdings and Agricultural Bank of China International were co-sponsors. According to the prospectus, Ruqi travel business covers three major sectors: travel services, technical services and ecological services, and is committed to R & D and establishing technological advantages in the field of intelligent travel.

CTOnews.com learned from the prospectus that Ruqi's shareholders include Guangzhou Automobile, Guangzhou Automobile Industry, Tencent Mobility, Xiaoma Zhihang, SPARX Group, DMR, Guangzhou Industrial Investment Group, Hefei Guoxuan and other institutional investors. As of December 31, 2022, the user penetration rate of Ruoqi Travel in the Greater Bay area exceeded 30%. The company's total revenue in 2022 was 1.368 billion yuan, with an annual compound growth rate of 84% from 2020 to 2022.

As of December 31, 2022, in terms of ride-hailing services, compared with December 31, 2021, the average operating profits of users retained for 1 year and 2 years were optimized by 284% and 195%, respectively.

If Qi Travel completed round An and round B financing in April 2022 and August 2023 respectively, it took less than 16 months from the first financing to the HKEx to submit the form.

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