AuGroup Landed on the Hong Kong Inventory Alternate ‘The First Fragment of Furnishings Going In one other country’

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AuGroup Landed on the Hong Kong Inventory Alternate ‘The First Fragment of Furnishings Going In one other country’

HONG KONG, Nov 12, 2024 – (ACN Newswire) – Influenced by the easing cycle of out of the country central banks and the genuine release of particular policy signals from the Mainland, investor sentiment within the Hong Kong stock market had markedly improved. The IPO market has also recovered severely. No longer too prolonged ago, huge-scale IPOs and “A + H” shares in Hong Kong acquire emerged one after one other and obtained the settle on of merchants. On November 8, Hong Kong shares welcomed one other high quality sleek stock, AuGroup (2519.HK), which formally landed on the Hong Kong Inventory Alternate, turning into the “first portion of furnishings going out of the country” in Hong Kong shares.

In conserving with public knowledge, AuGroup is the enviornment’s leading spoiled-border e-commerce segment chief, specializing in quality furnishings and house furnishings. By methodology of GMV in 2023, the Company ranked first within the B2C out of the country e-commerce marketplace for furnishings and house furnishings by China-basically basically based sellers; and ranked fifth within the world B2C e-commerce marketplace for furnishings and house furnishings. On this IPO, the Hong Kong public providing of AuGroup used to be oversubscribed by 16.74 times, with a final providing imprint of HK$ 15.60.

Deeply Rooted in Furnishings and Dwelling Furnishing Awful-border E-commerce Note, with Multi-class and Multi-trace Improvement Promoting Sustained Development

AuGroup’s approach is to level of interest on the furnishings and house furnishings market, one amongst the quickest increasing B2C e-commerce market segments with low return charge. Counting on its tough offer chain functionality and whole logistics structure, AuGroup is willing to by shock acquire diversified, high quality merchandise with aggressive costs to continually meet the ever-altering market seek recordsdata from. Which means, it has by shock established a sturdy market affect within the furnishings and house furnishings market.

At sleek, AuGroup has owned many queer brands resembling ALLEWIE, IRONCK, LIKIMIO, SHA CERLIN, HOSTACK and FOTOSOK, which are stylish within the world market. In 2023, 11 of the Company’s brands every had over RMB100 million in GMV. In conserving with Frost & Sullivan, the Company ranked first in six classes in phrases of GMV on the Amazon U.S. just in 2023. The Company had a market portion of over 10% in ten classes on the Amazon U.S. just in phrases of GMV in 2023.

It’s price declaring that, taking merit of various choices, trace equity and strategic market positioning, AuGroup has been ready to take care of up prolonged-length of time competitiveness within the unpredictable market, and its threat-resistant functionality has been repeatedly strengthened. Within the case of the Amazon Incident, as an illustration, after the loss of finally ends up in 2021, AuGroup recovered by shock from the market affect, with income increasing by 22.3% and catch income increasing by 133.1% year-on-year in 2023. Within the indispensable four months of 2024, the Company persisted its tough rebound fashion, with income increasing by 16.9% and catch income increasing by 96.2% year-on-year.

Constructing World Warehousing and Logistics Capabilities and Opening up the 2d Development Curve

Within the world of spoiled-border e-commerce, logistics is one amongst the core competitiveness, which is linked to imprint, efficiency and commodity safety. With years of amassed change abilities, AuGroup has established a world multi-tiered warehousing and logistics network that is tailored to medium-to-huge goods thru Shenzhen Westernpost, and developed proprietary logistics answer administration programs to retain watch over and optimize all key stages of the logistics chain, successfully tackling the distress capabilities of high costs and prolonged offer times linked with logistics solutions for medium-to-huge goods.

Thru self-constructed logistics, mixed with third-acquire collectively logistics solutions and e-commerce platform logistics providers and products, AuGroup is willing to successfully gash the price of logistics by using versatile offer alternate recommendations basically basically based on various starting up desires. In 2021, the ratio of imprint of sales to income of the Company used to be seventy 9.1%, and in 2023, the ratio dropped to 65.5%.

Besides to providing logistics providers and products to its comprise e-commerce change, AuGroup also offers logistics solutions globally under the pre-sale stocking model to prospects, including home consolidation in China, first-mile world freight providers and products, out of the country transit, out of the country warehousing and picture dispatch, to extra increase income sources and toughen profitability. From 2021 to 2023, the Company’s income from logistics solutions increased from RMB490 million to RMB1,653 million, representing a CAGR of 83.7%, and its income portion increased from 5.4% to 19.0%. Within the indispensable four months of 2024, the income from logistics solutions reached RMB583 million, representing a year-on-year raise of 66.8%, and the income portion extra increased to twenty.6%, which has formed the 2d order curve of the Company.

Due to the slack optimization of imprint structure and diversified income sources, the profitability of AuGroup continues to rise. From 2021 to 2023, the Company’s substandard income margin increased from 20.9% to 34.5%, representing a rise of 13.6 percentage capabilities.

By methodology of change fashion, the speedy fashion of digital economy, the trade of purchasers’ consumption habits and the upward thrust within the seek recordsdata from for imprint-effective furnishings and house furnishings will pressure the world furnishings and house furnishings market to continue to develop by shock in sales thru online channels. As a leading challenge within the change, with its comprise offer chain advantages and world warehousing and logistics capabilities, AuGroup is anticipated to steal the event opportunities of the change and promote the genuine order of its furnishings and house furnishing change and logistics solutions. Its efficiency after listing is price having a survey forward to.