According to Futu Information on December 14, $Meihao Group (01947.HK)$ opened 9.52% lower on the first day to HK$0.76, with pre-market trading volume reaching HK$14.1957 million. In yesterday's Futu dark trading, Meihao Group opened 25% higher and finally closed down 4.76%, losi

Futu Information reported on December 14 that $Meihao Group (01947.HK)$ on the first day of opened lower by 9.52% to HK$0.76, and the pre-market transaction volume reached HK$14.1957 million.

In yesterday's Futu dark trading, Meihao Group opened 25% higher and finally closed down 4.76%, losing 200 Hong Kong dollars per hand.

According to previous public information, Meihao Group’s public allocation subscription number was 15,241, with a winning rate of 6.14%, and 30 subscriptions were stable. Futu Information compiled the relevant data as follows:

According to the Frost-Sullivan report, based on 2021 revenue, Meihao Group is the largest private dental service provider in Wenzhou . In 2021, the market share of in Wenzhou's private and entire dental service market was approximately 25.2% (more than the total market share of the second to fifth largest private dental service providers in Wenzhou in 2021) and 13.2%.

During the trailer record period, Meihao Group's revenue mainly comes from providing comprehensive dental services to individuals, mainly covering four dental fields: comprehensive dental treatment, oral restoration, implant dentistry and orthodontics. The company began providing dental services to individuals of all ages in 2011, and then gradually expanded its business.

On the last practical feasible date, Meihao Group owns and operates a network of five private dental hospitals located in Wenzhou, namely Wenzhou Hospital , Lucheng Hospital and Wenzhou Dental, Ruian Branch of and Longgang Hospital .

Financially, for the three years ended December 31, 2021 and the five months ended May 31, 2022, the company's dental services income was approximately RMB 83.16 million, RMB 84.56 million, RMB 105 million and RMB 46.86 million, respectively. For the three years ended December 31, 2021 and the five months ended May 31, 2022, the company's annual/period profit was approximately RMB 15.46 million, RMB 14.98 million, RMB 32.17 million and RMB 8.52 million, respectively.

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