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To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Minieye Tec
02431.HK
Application Software 17-20.2 200 4,081 2024/12/20 2024/12/24 2024/12/27
Xunfei Healthcare
02506.HK
Application Software 82.8 50 N/A 2024/12/23 2024/12/27 2024/12/30
InnoScience
02577.HK
Semiconductors & Semiconductor Equipment 30.86-33.66 100 3,400 2024/12/23 2024/12/27 2024/12/30
HealthyWay
02587.HK
Health Care Services 7.8-8.8 500 4,444 2024/12/23 2024/12/27 2024/12/30
Summary
We are an integrated shipping services provider headquartered in the PRC. We endeavour to provide comprehensive shipping solutions to our customers along the value chain of the maritime shipping industry. We have been successful in the provision of ship management and shipping services.

Our history can be traced back to 2012 when we commenced to provide ship management services to customers. Through years of development, we have established ourselves as a ship management services provider with a proven track record of providing comprehensive and high-quality ship management solutions to major stakeholders in the shipping industry such as shipowners, ship operators and financial institutions. We provide our customers with first-rate and comprehensive ship management services. Our services offerings generally included the daily operations of vessels, technical management, crew management, repair and maintenance, and regulatory management and compliance, and we managed a wide variety of vessel types such as dry bulk carriers, oil tankers, chemical tankers, passenger ships, cargo ships, and container ships during the Track Record Period. According to the F&S Report, we accounted for approximately 1.3% of the total market share of all ship management services providers globally in terms of the number of third-party owned vessels under management in 2021.

Leveraging our strong foundation of ship management capabilities, we have expanded our service offerings to shipping services in 2017. We provided shipping services through our fleet of controlled vessels and chartered-in vessels during the Track Record Period which primarily comprised dry bulk carriers. Through our large and varied fleet of dry bulk carriers, we are able to transport all major kinds of dry bulks for our customers such as iron ore, coal, grain, steel, logs, cement, fertilizer, nickel ore and bauxite. In addition to dry bulk goods, we are also able to transport asphalt, petrochemical products and molten sulphur through our controlled fleet of oil and chemical tankers. According to the F&S Report, with a combined weight carrying capacity of approximately (i) 1.26 million dwt for our entire controlled vessel fleet and (ii) approximately 1.15 million dwt for our controlled dry bulk carrier fleet, we accounted for approximately 0.1% of the total market share of all dry bulk shipping companies globally in 2021. As at September 30, 2022, the aggregate weight carrying capacity of our controlled vessel fleet and our controlled fleet of dry bulk carriers were approximately 1.0 million dwt and 0.9 million dwt, respectively.

Our comprehensive, asset-light ship management services business segment as well as our sizeable network of trusted vessel suppliers and the strategically balanced asset mix in our vessel fleet for our shipping services business segment have allowed us to continuously scale up our business, quickly respond to market conditions, increase our profitability and better serve our customers. Accordingly, we experienced significant growth during the Track Record Period. For the years ended December 31, 2019, 2020 and 2021 and the nine months ended September 30, 2021 and 2022, our total revenue was approximately USD135.6 million, USD178.9 million, USD372.7 million, USD264.7 million and USD285.3 million, respectively, representing an increase of approximately 32.0% from 2019 to 2020, a further increase of approximately 108.3% from 2020 to 2021, and an increase of approximately 7.8% from the nine months ended September 30, 2021 to the nine months ended September 30, 2022.



Source: Seacon Shipping (02409) Prospectus (IPO Date : 2023/03/14)
Listing Market MAIN
Industry Marine Ports & Services
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders Guo Jinkui (57.75%)
Chen Zekai (15.00%)
Directors Guo Jinkui (Chairman and Executive Director)
Chen Zekai (General Manager and Executive Director)
He Gang (Chief Financial Officer and Executive Director)
Zhao Yong (Executive Director)
Fu Junyuan (Independent Non-Executive Director)
Zhang Xueme (Independent Non-Executive Director)
Zhuang Wei (Independent Non-Executive Director)
Company Secretary Chan Sze Ting
Sun Yufeng
Principal Bankers Citibank N.A.
Bank Of China Bank
Mizuho Corporate Bank, Ltd
Solicitors Han Kun Law Offices
Auditors PricewaterhouseCoopers
Registered Office Unit No. 3513, 35th Floor, The Center, 99 Queen’s Road Central, Hong Kong
Share Registrars Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No (852) 2980-1333
Internet Address http://www.seacon.com
Email Address ir@seacon.com
Tel No (86 532) 8192-9800
Fax No (86 532) 8192-9826
 
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