Blue-Touch Holdings Group Co., Ltd
(Note: Investors are cautioned that the Ordinary Shares offered in this prospectus (the IPO) are shares of the Cayman Islands holding company, which has no material operations of its own and conducts substantially all of its operations through the operating entity. Therefore, investors will not directly hold equity interests in any of the PRC (People’s Republic of China) subsidiaries.)
The company is an offshore holding company incorporated in the Cayman Islands. The Company does not conduct any substantive operations on its own but instead conducts its business operations in China through the operating entity Fujian Blue-Touch Technology Co., Ltd. The operating entity commenced its operation in 2014 and is principally engaged in designing, developing, and selling baby skincare products and toiletries as well as household cleaning products under the Blue-Touch brand. The operating entity prides itself on the quality and safety of its products, and endeavors to protect human health and the ecological environment by adopting product formulations based on safe, sustainable and tested ingredients. The Company, through the operating entity, aims to become a leading provider of baby skincare products and toiletries in China.
The Company’s revenue and net income have demonstrated a growth momentum in the previous two fiscal years. In the fiscal years ended December 31, 2021, and 2020, the Company’s revenue was $6,655,515 and $3,096,924, respectively, representing a growth rate of 114.91%. For the same fiscal years, the Company’s net income was $775,522 and $49,436, respectively, representing a growth rate of 1468.74%.
**Note: Net income and revenue are in U.S. dollars for the 12 months that ended June 30, 2022.
(Note: Blue-Touch Holdings Group Co., Ltd. filed an F-1/A dated March 10, 2023, in which it updated its financial statements through June 30, 2022. No terms for the IPO have been disclosed yet. Blue-Touch Holdings Group Co., Ltd filed its F-1 on Sept. 30, 2022. The company did not disclose terms for its IPO in its F-1.)
|Industry:||Baby Skincare & Household Cleaning Products|
|Address||No.1 Pengda Road, Hunan Town, Changle District Fuzhou City, Fujian Province The People’s Republic of China 350212|
|View Prospectus:||Blue-Touch Holdings Group Co., Ltd|
|Revenues||$7.6 mil (last 12 months)|
|Net Income||$1.04 mil (last 12 months)|
|Price range||$0.00 - $0.00|
|Est. $ Volume||$24.0 mil|
|Manager / Joint Managers||Univest Securities|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|