New stock news | Huawutang submits IPO application to Hong Kong Stock Exchange
According to the disclosure by the Hong Kong Stock Exchange on January 16th, Shandong Huawutang Cosmetics Co., Ltd. (referred to as Huawutang) has submitted its listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation acting as its exclusive sponsor.
According to the disclosure on January 16th by the Hong Kong Stock Exchange, Shandong Huawutang Cosmetics Co., Ltd. (abbreviated as: Huawutang) submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. The prospectus shows that the company is Half-Acre Flower Field (Dream Garden), a Chinese skincare and personal care brand that has stood out in the industry due to its sustained high-speed growth and multi-category expansion. Huawutang has gradually expanded from a single star product to encompass a full-category matrix of body, hair, and facial care, becoming one of the few domestic brands in China that leads in multiple categories in the skincare and personal care market. According to Frost & Sullivan data, by 2024 retail sales, the company is the leading domestic brand for body lotion, body scrubs, and facial cleansers.
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