Mainland maternal and infant care group Saint Bella has submitted its application for an initial public offering on the Hong Kong Stock Exchange.

According to the preliminary application documents, Saint Bella's revenue last year was 560 million yuan (RMB, the same below), up 18.7% year-on-year. The loss narrowed to 239 million yuan, compared to a loss of 407 million yuan in the same period last year. Adjusted profit was 20.772 million yuan, but an adjusted loss of 44.628 million yuan was recorded in 2022.

The company's strategic shareholders include Tencent, China Life Insurance, Mirae Asset, Swire Properties, Sun Hung Kai Co, and GGV Capital, among others.