Dingdang Health Listing: The stock price was settled on the first day, and the performance losses expanded year by year

Red Star Capital Bureau September 14th news, Dingdang Kuaiden's parent company Dingdang Health (09886.HK) was listed on the Hong Kong Stock Exchange today, the issuance price was 12 Hong Kong dollars per share, as of the closing, Dingdang Health revenue, the total market value of HK $ 16.1 billion Essence

↑ Dingdang Health is closed today, screenshots are from Oriental Wealth

At this point, coupled with Ali Health (00241.HK), JD Health (06618.HK), and Dr. Ping Anhao (01833.HK), the Hong Kong Stock Exchange has ushered in four Internet medical companies. However, Dingdang Health mainly adopts the O2O model. In order to improve the speed of drug delivery, Dingdang Health built Ding Dang Smart Pharmacy offline, and also promised "28 minutes to send medicine to the door".

In 2014, the O2O model just emerged, and Yang Wenlong, then chairman of Renhe Group, aimed at the opportunity of the transformation of pharmaceutical e -commerce to O2O, and founded Dingdang Health in the second entrepreneurial. At that time, emerging companies on the pharmaceutical O2O platform of medicines and good medicines were gradually suspended. Dingdang Health survived in the battlefield.

However, since then, platforms such as Meituan and Hungry have also participated in the competition of instant delivery of medicines, as well as traditional retail pharmacies such as Yifeng Pharmacy (603939.SH) and ordinary people (603883.SH) The space is further squeezed. With the expansion of Dingdang's health, losses are gradually increasing. Its prospectus shows that from 2018 to 2021, the revenue was 584 million yuan, 1.276 billion yuan, 2.229 billion yuan, and 3.679 billion yuan; the losses were 103 million yuan, 274 million yuan, 920 million yuan, and 1.599 billion yuan.

This time to go public in Hong Kong, Dingdang Health clearly stated that about 45%of the raised funds were used for business expansion, further developing smart pharmacy networks and enhanced user growth and participation; about 15%were used to optimize the technical system and operating platform; about 10%of about 10% Used to improve services and business, such as establishing a professional structure of full -time doctors and pharmacists; about 20%of the value chain of the medical industry operated by the company, potential investment and acquisition or strategic cooperation; about 10%of operating funds and other average general general general generally Company use.

Red Star News reporter Deng Lingyao

Responsible editor Wei Kongming editor Yang Cheng

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