Zhitong Financial APP learned that according to the disclosure of the Hong Kong Stock Exchange on November 5, Tak Ying Holdings International Limited submitted a listing application to the main board of the Hong Kong Stock Exchange, with Everbright Securities as the exclusive sponsor. It is worth noting that the company submitted an application for listing on the main board of the Hong Kong Stock Exchange on May 4 this year, which is now invalid.

Intellectual property rights and their brands are at the core of the company's business. According to Frost Sullivan's report, the company is the second largest role intellectual property company in China in terms of role licensing revenue in 2020, ranking fifth among all role intellectual property companies in China, with a market share of about 2.4%. In terms of sales in 2020, the company's market share in the e-commerce market of intellectual property products in China is about 0.6%.

The company is mainly engaged in (I) role licensing business: creating, designing and licensing self-created B.Duck family roles across multiple channels, as well as brand management and marketing of those roles. Role authorization business can be broadly divided into five types of services, namely: (I) merchandise licensing; (ii) live entertainment licensing; (iii) content and media licensing; (iv) promotion authorization; and (v) design consulting, which are interrelated and complementary and are provided on a single, multi-service or integrated basis.

On the financial front, revenue from role authorization business increased by about HK $17.8 million from about HK $63.8 million in the 2018 financial year, or about HK $81.6 million in the financial year from about 27.9% to 2019. The increase is mainly due to an increase in sales of products or services characterized by the company's intellectual property role, resulting in an increase in additional royalties collected by the company from licensees, followed by a further increase of approximately HK $16.4 million or approximately HK $20.1% to HK $98 million for the financial year 2020. Revenue from role licensing business increased by about HK $27.7 million or about 88.5% from about HK $31.3 million in the first six months of 2020 to about HK $59 million in the first six months of 2021.

The company's revenue from e-commerce and other businesses increased by about HK $24.4 million from about HK $137 million in fiscal year 2018 or about HK $161.4 million in financial year 2019. The increase is mainly due to the increase in sales through the e-commerce platform, in part due to the company's investment in JD.com (JD.US) and Vipshop Holdings Limited (VIPS.US). It was subsequently reduced by about HK $25.9 million or about 16.1% to about HK $135.5 million in the financial year 2020. Revenue from e-commerce and other businesses increased by about HK $3.2 million or about 5.2 per cent from about HK $61.6 million in the first six months of 2020 to about HK $64.8 million in the first six months of 2021.