New stock news | Banmu Huatian submits application to Hong Kong Stock Exchange to compete for the "first stock of national goods and personal care products in Hong Kong".

On January 16th, China's leading skincare and personal care brand, Ban Mu Hua Tian, submitted an application for listing, with CITIC SEC as the sponsor. If the listing is successful, the company is expected to become the "first stock of Chinese personal care products on the Hong Kong Stock Exchange". The prospectus shows that Ban Mu Hua Tian is a rapidly growing skincare and personal care brand in China, with products covering body care, hair care, and facial care, achieving full coverage of natural and effective skincare and personal care products. It is one of the few brands that have successfully established a leading position in the domestic market in multiple sub-categories of skincare and personal care. According to Frost & Sullivan data, in terms of retail sales by 2024, Ban Mu Hua Tian is the leading domestic brand in body lotion, body scrub, and facial cleanser. At the same time, the company ranks in the top ten in the overall body care market in China (including domestic and international brands) and has the highest growth rate among the top ten brands from 2022 to 2024. Thanks to the continuous hot sales of its multi-category product matrix, Ban Mu Hua Tian's total revenue continued to grow during the reporting period. Financial data shows that in 2023 and 2024, Ban Mu Hua Tian achieved operating revenues of 1.199 billion yuan and 1.499 billion yuan, respectively, with a growth rate of 25%. In the first nine months of 2025, Ban Mu Hua Tian's operating revenue reached 1.895 billion yuan, a year-on-year increase of 76.7%; during the same period, the company's adjusted net profit increased by 197.2% year-on-year, achieving double growth in operating revenue and net profit.