China's online audio platform, Himalayan, applied to go public in Hong Kong again.
Comprehensive Ming Pao and Securities Times reported that Himalayan submitted a prospectus to the Hong Kong Stock Exchange last Friday (April 12) to continue the process of listing the main board of the Hong Kong Stock Exchange.The company is a joint sponsor.
Himalayan's net profit last year was 2.948 billion yuan (RMB, the same below, about S $ 554 million), an increase of 1.43%year -on -year, and the income rose 1.69%year to 6.163 billion yuan.The company applied for listing in Hong Kong in September 2021, but applied for failure in March 2022.
The average number of monthly active users of Himalayan in 2023 reached 302.6 million, including 133 million mobile users and 169.6 million users of the Internet of Things and other third -party platforms.It is reported that these users invested 1787.3 billion minutes on the mobile terminal to listen to the audio content of Himalayan, accounting for 60.5%of the total length of the online audio market in China.In terms of market share, Himalayan accounts for 25%.
In terms of the revenue structure of the Himalayan, membership subscriptions and paid -on -demand listening services account for the largest part. Last year, it accounted for 51.7%of the income ratio.The live broadcast income of gifts and items accounted for 18.4%last year, and other products and service revenue of self -developed IoT equipment, cultural and creative products and other products and service revenue accounted for 6.8%.
