According to the information obtained from the Zhītōng Finance APP, KEEP (03650) has made its debut on the stock market. The announcement shows that the company has issued approximately 10.8386 million shares at a price of HKD 28.92 per share, with a board lot size of 100 shares. The net proceeds from the offering amount to approximately HKD 192 million. As of the time of writing, the stock has risen by 4.77% to HKD 30.3, with a trading volume of HKD 9.3467 million.
It is reported that Keep is a platform that is constantly evolving and delivery-oriented, providing users with comprehensive fitness solutions to help them achieve their fitness goals. According to the prospectus, based on the monthly active users and exercise completion times in 2022, Keep is the largest fitness platform in China. 77.5% of the fitness population in China is familiar with the Keep mobile application.
The prospectus shows that in 2022, Keep achieved a revenue of CNY 2.21 billion, representing a YoY growth of 36.6% compared to CNY 1.6 billion in 2021. Keep's revenue composition is contributed by its own branded products, membership subscriptions, online paid content, advertising, and other sources of income.

03650

KEEP's initial public offering (IPO) announcement revealed that the company issued approximately 10.8386 million shares, priced at HKD 28.92 per share, with a board lot size of 100 shares. The net proceeds amounted to approximately HKD 192 million. As of the time of writing, the stock has risen by 4.77% to HKD 30.3, with a trading volume of HKD 9.3467 million.

New Stock First Day | KEEP Debuts on the Market, Opens High at 4.77% in Early Trading