
ZHOU LIU FU
Register Close | 2025/06/23 IPO Closing in 3 Days |
Listing Date | 2025/06/26 |
Register Close | 2025/06/23 IPO Closing in 3 Days |
Listing Date | 2025/06/26 |
Zhou Liu Fu Jewellery Co is a jewelry company in China that offers a range of products, primarily gold jewelry products and diamond-set jewelry products, through the Group’s offline stores and online sales channels.
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According to the report, in terms of number of stores in China, the Group have consistently ranked among the five largest brands in the Chinese jewelry market for eight consecutive years from 2017 to 2024. In terms of GMV and revenue generated from gold jewelry products for the year ended December 31, 2024, the Group ranked sixth and tenth among all gold jewelry companies in China, respectively, with a market share of 6.2% and 1%, respectively.
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The Group’s business model integrates jewelry product development and design, procurement and supply, franchising and brand operation, linking various streams in the industry value chain. The Group’s customers primarily consisted of its franchisees and e-commerce platforms.
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As of December 31, 2024, the Group’s offline sales network had a total of 4,129 stores, including both franchise stores and self-operated stores, including 4,125 stores, spanning 31 provinces and 305 prefecture-level cities in China, and four franchise stores overseas, including two franchise stores in Thailand, one franchise store in Laos and one franchise store in Cambodia.
Market | Hong Kong (Main Board) |
Business Nature | Jewellery & Watches |
Major Business Area | China |
Board Lot | 100 |
No. of Offer Shares | 46.81M H shares |
No. of International Offer Shares | 42.13M H shares |
No. of HK Offer Shares | 4.68M H shares |
Offer Price | $24.00 |
Stock Code | 6168 |
Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited, China Securities (International) Corporate Finance Company Limited |
Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, China Securities (International) Corporate Finance Company Limited, CMB International Capital Limited, ABCI Securities Company Limited, BOCOM International Securities Limited, China Galaxy International Securities (Hong Kong) Co., Limited, China Industrial Securities International Capital Limited, Fosun International Securities Limited, Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited |
Application Period | Jun 18 (Wed) - noon, Jun 23 (Mon) |
Price Determination Date | -- |
Result Announcement Date | On or before Jun 25 (Wed) |
Result Announcement Date | On or before Jun 25 (Wed) |
Result Announcement Date | On or before Jun 26 (Thu) |
Dealings in Shares commence on | Jun 26, 2025. (Thu) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $24.00 |
Capitalization | 10.21B |
NAV / share ($) | $9.08 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 24.00, the net proceeds raised would be HKD 1.02B, of which |
50% : Expansion and strengthening of sales network |
20% : Enhance brand’s market visibility |
20% : Improving product offering and enhancing product design and development capabilities |
10% : Working capital |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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