The Hong Kong stock prospectus submitted by Bruco Group Limited on May 17, 2024 expired on November 17, after 6 months. Goldman Sachs and Huatai International were co-sponsors at the time of submission.
The Zhitong Finance App learned that the Hong Kong stock prospectus submitted by Bruker Group Co., Ltd. on May 17, 2024 expired on November 17, after 6 months. Goldman Sachs and Huatai International were co-sponsors at the time of submission.
According to the prospectus, Brucker is an innovator and leader in building character toys around the world. Through more than 470 patented layouts, original IP capabilities, and partnerships with more than 30 well-known IPs, the company focused on providing consumers with a wide range of high-quality and inexpensive character toy products and achieved rapid growth.
According to Frost & Sullivan, Bruker is China's largest and world-leading character toy company, achieving a GMV of approximately RMB 1.8 billion in 2023. The company is the fastest growing large-scale toy company in the world. In 2023, GMV grew by more than 170% year on year.
On the financial side, in 2021, 2022, 2023, and January-March 2024, and January-March 2024, the company's revenue was approximately RMB 0.33 billion, RMB 0.326 billion, RMB 0.877 billion, RMB 0.144 billion and RMB 466 million, respectively; gross profit for the same period was approximately RMB 0.123 billion, 0.123 billion yuan, 0.415 billion yuan, and 58.937 million yuan, respectively million yuan and 242 million yuan.