---
title: "Liuliumei (06658.HK) to launch IPO in Hong Kong"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41514853.md"
description: "$LIULIUMEI(06658.HK) is a leading Chinese fruit snack company specializing in green plum products, dedicated to promoting green plum culture and launching leisure foods containing natural ingredients. The company has built a diversified product matrix, with its core covering three main categories: dried plum snacks, prune products, and plum jelly. According to Frost & Sullivan, in 2024, the company ranked first in retail sales in China's fruit snack industry, with a market share of 4.9%. Its innovative plum jelly product also ranked sixth in China's jelly industry (by retail sales). In terms of financial performance..."
datetime: "2026-06-05T06:51:49.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41514853.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41514853.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41514853.md)
author: "[真灼财经](https://longbridge.com/en/profiles/1067948.md)"
---

# Liuliumei (06658.HK) to launch IPO in Hong Kong

$LIULIUMEI(06658.HK) is a leading Chinese fruit-based snack company specializing in green plum products, dedicated to promoting green plum culture and launching leisure foods containing natural ingredients. The company has built a diversified product portfolio, primarily covering three main categories: dried plum snacks, prune products, and plum jelly. According to Frost & Sullivan, in 2024, the company ranked first in retail sales in China's fruit-based snacks industry, achieving a market share of 4.9%. Its innovative plum jelly product also ranked sixth in China's jelly industry (by retail sales).

In terms of financial performance, Liuliumei achieved strong business growth during the track record period. In 2023, 2024, and 2025, the company's total revenue reached RMB 1,322.0 million, RMB 1,616.0 million, and RMB 1,710.7 million, respectively. Benefiting from effective cost management and economies of scale, its profitability steadily improved, with net profit recorded at RMB 99.2 million, RMB 147.7 million, and RMB 182.1 million for the same periods.

The main drivers of performance are the company's robust product development strategy, integrated supply chain, and diversified sales channels. Liuliumei continues to increase R&D investment to enrich its product line, such as successfully launching zero-additive prunes and various seasonal limited-edition plum jellies, effectively meeting the demand for healthy and functional snacks. Meanwhile, the company strategically locates its production bases near major green plum producing regions, optimizing procurement and production capacity efficiency. More importantly, the company accurately seizes opportunities from channel transformation, vigorously expanding direct-to-consumer retail channels like snack specialty stores and premium membership stores, leading to significant growth in the revenue contribution of these two high-efficiency channels during the track record period.

This IPO only introduced one cornerstone investor subscribing for up to 29.55% of the offer shares.

This offering does not have a mandatory reallocation mechanism, and the maximum number of shares that can be reallocated to the Hong Kong public offering shall not exceed 15% of the total number of shares in the global offering.

Source: KGI Securities

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