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毛记葵涌有限公司(1716.HK)新股申购

Mo Ji Kwai Chung Limited (1716.HK) IPO

長雄證券 ·  Mar 19, 2018 00:00  · Researches

Business summary

Mao Ji Kwai Chung is the parent company of the magazine “100 mao” and Mao Kee TV. Its main business is to provide customers with integrated advertising and media services. Through the media platform, it publishes creative content that highlights its unique style. Integrated advertising and media services can be classified as digital media services (mainly providing customers with one-stop advertising solutions including different types of advertising); and print media services (including providing clients with a one-stop advertising solution including different types of advertising); and print media services (including the “100 Mao” magazine providing social advertising and advertising production and advertising services (Selling “100 cents” magazines and books), while group customers mainly include local and international brands Owners, advertising agents for Hong Kong brand owners, magazine distributors, and book distributors.

Competitive advantage

The Group's reputable brand name in the advertising and media industry has attracted customers for advertising and media services

The Group has the ability to provide integrated advertising and media services to meet the diverse advertising needs of customers

The Group has established good business relationships with clients from all walks of life

Risk Factors

Relying on social media platforms to post creative content, any decline in the usage of social media platforms may have a significant impact on the group's operating results

The work of a group is extremely susceptible to changes in audience preferences

The group's business model is usually project-based, and long-term agreements are usually not set up with most clients

Use of proceeds

Approximately 28.4% were used as selective mergers and acquisitions or strategic alliances with other market players to achieve growth

Approximately 21.9% is used for sales and marketing activities

Approximately 20.8% will be used to upgrade Maoji TV's website, mobile applications and internal IT systems, and purchase new equipment

Approximately 18.9% will be used to strengthen activity planning

Approximately 10.0% is used as general working capital

The translation is provided by third-party software.


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