The Hong Kong stock prospectus submitted by Xinjio Motorhome Co., Ltd. (hereinafter: Xinjio Motorhome) on May 28, 2024 expired on November 28. Huatai International was its sole sponsor during the filing period.
The Zhitong Finance App learned that the Hong Kong Stock Prospectus submitted by Xinjio Motorhome Co., Ltd. (hereinafter: Xinjio Motorhome) on May 28, 2024 expired for 6 months. Huatai International was the sole sponsor during the filing period.
According to the prospectus, New Geo Motorhomes is a leading motorhome platform with an extensive business network in Australasia that designs, develops, manufactures and sells custom trailer motorhomes. From conception to ownership, we provide planning for all aspects of the experience of motorhome owners and users. According to Frost & Sullivan, in terms of sales volume in 2023, the company ranked second in the market share of the motorhome industry in Australia. When designing motorhomes, we carefully provide the most suitable motorhome solutions for car owners in terms of comfort, safety, fashion, innovation, functionality and cost performance, and strive to create movable homes to provide a comfortable space for the body and mind.
Xingeo Touring Car also provides supporting services to support the company's core business and create synergy with it. As of December 31, 2023, we have a network of 54 recommended motorhome repair workshops (including self-operated stores and joint ventures), providing various after-sales services (including motorhome maintenance, maintenance, and sales and upgrades of various motorhome parts and accessories) to ensure that customers can obtain all the services needed to keep vehicles running smoothly and efficiently. By incorporating these additional services into the business model, we are committed to building lasting relationships with motorhome owners rather than just transactions to ensure satisfaction, long-term customer loyalty, and an excellent car owner experience.
On the financial side, from 2021 to 2023, New Geo Touring Car achieved revenue of approximately RMB 0.3 billion, RMB 0.499 billion, and RMB 0.72 billion, respectively; profits during the same period were approximately RMB 25.08 million, RMB 32.956 million, and RMB 78.768 million, respectively.