On June 8, Jingdong Group announced that it would offer 0.133 billion shares worldwide from June 8-6, among them, Hong Kong’s public offering accounted for 5% of the total number of shares offered initially in the global offering (redistributable), the international offering accounts for 95% of the total number of shares offered initially for the global offering (subject to redistribution and exercise of excess shares).
According to the announcement, the maximum public offering price for listing in Hong Kong is HK $236 per share, and 0.133 billion shares will be issued for sale with a share code of 9618, it is expected that the shares will be publicly offered in Hong Kong at nine o’clock A.M. on June 18, 2020 (6,650,000 shares (redistributable) are initially offered in Hong Kong, accounting for 5% of the total number of shares initially offered in the global offering).
According to the data, jingdong the group’s net income in 2017, 2018 and 2019 reached 362.3 billion yuan, 462 billion yuan and 576.9 billion yuan respectively. The net operating losses of continuing business in 2017 and 2018 were 19 million yuan and 2.801 billion yuan respectively, while the net operating profit of continuing business in 2019 reached 11.89 billion yuan. Revenue in the first quarter of 2020 was 146.2 billion yuan (US $20.6 billion), up 20.7% from first quarter of 2019. The net profit attributable to common shareholders in the first quarter of 2020 was 1.1 billion yuan.
According to the contents of the prospectus previously released by Jingdong, the funds raised by Jingdong Hong Kong IPO will be used to invest in key technological innovations based on supply chains.
In this regard, the reporter called the relevant staff of Jingdong, the other party said that no comment.