Babytree Group Delists from Hong Kong Stock Exchange to Focus on Core Business and Achieve High-Quality Development
AD |
Babytree Group Delists from Hong Kong Stock Exchange to Focus on Core Business and Achieve High-Quality DevelopmentOn the evening of December 4, 2023, Babytree Group announced its delisting from the Hong Kong Stock Exchange. This news has drawn market attention and marks a new development phase for the company, once known as "China's first internet maternal and infant company
Babytree Group Delists from Hong Kong Stock Exchange to Focus on Core Business and Achieve High-Quality Development
On the evening of December 4, 2023, Babytree Group announced its delisting from the Hong Kong Stock Exchange. This news has drawn market attention and marks a new development phase for the company, once known as "China's first internet maternal and infant company." In the announcement, Babytree Group stated that it respects the rules of the Hong Kong Stock Exchange and that the delisting was a difficult decision made after careful consideration. However, the company clarified that this does not mean it will sever ties with the capital market.
The announcement explicitly stated that the delisting will not significantly impact the company's daily operations or business development. Babytree Group emphasized its consistently positive overall operations and stable cash flow, laying a solid foundation for navigating economic cycles and adapting to industry transformation and upgrading. Prior to this, on December 4, the Hong Kong Stock Exchange (HKEX) issued an announcement confirming the delisting of Babytree Group (01761), effective December 9.
Since its listing on the HKEX on November 27, 2018, Babytree Group has been dedicated to cultivating the maternal and infant industry and actively exploring innovative business models. However, after experiencing market fluctuations and industry challenges post-listing, the company ultimately chose to delist and embark on a new chapter.
The announcement detailed the reasons behind the delisting. The company explained that it had invested significant resources in resuming trading (re-listing) and had made substantial progress. However, due to a combination of factors, the company was unable to complete all the re-listing work within the stipulated timeframe, ultimately leading to the decision to delist. This was not a rash decision but was based on a comprehensive assessment of the company's current development status and future strategy.
Importantly, Babytree Group emphasized in the announcement that delisting does not mean the company will forgo seeking external funding. The company will continue to explore various financing channels to support its future development strategy and business expansion. This indicates that Babytree Group will remain actively engaged with the capital market, seeking cooperation with investors to jointly promote the company's growth.
Furthermore, the announcement highlighted Babytree Group's current business development strategy and achievements. The company stated it is focusing on dual-wheel growth of its core business, aiming to strengthen and improve its offerings, and actively deploying into blue ocean and trending markets in the maternal and infant sector. Specifically, the company has launched a C2M age- and effect-specific serious nutritional infant and toddler product series and is gradually achieving full-scenario coverage of the older children's market and maternal and infant family services. Simultaneously, the company continues its "AI + maternal and infant" strategy, developing its own maternal and infant vertical domain model and product series, which have received positive market feedback.
These measures demonstrate that Babytree Group is actively adapting to the ever-changing market environment, enhancing its core competitiveness through refined operations and innovative development. The company's consistently positive operating conditions and stable cash flow provide a solid guarantee for its future development.
Finally, Babytree Group expressed its gratitude to its shareholders, investors, partners, customers, and all those who care about the company's development, thanking them for their consistent understanding and support. The company pledged to continue demonstrating its sincerity and determination to the market through transparent communication and proactive actions, continuously strengthening its operational fundamentals, aiming for high-quality development, and striving to create sustainable incremental value.
Babytree Group's decision to delist marks a temporary end to its capital market story, but it opens up new possibilities for its future development. Free from the strict financial regulations and information disclosure requirements of a listed company, the company will be more flexible in responding to market changes and can concentrate resources on innovation and development of its core business. In the future, Babytree Group will focus even more on cultivating its own business, providing higher-quality products and services to consolidate its leading position in the maternal and infant market.
Delisting is not a sign of business failure; instead, it may become a crucial turning point for the company to lighten its load, focus on its core business, and achieve high-quality development. Babytree Groups positive attitude and clear development strategy as shown in the announcement have generated more anticipation for its future development. The market and investors will continue to monitor Babytree Group's subsequent development, believing that it can, with its own strength and development strategy, continue to create new glories in the maternal and infant market. This not only reflects Babytree Group's own transformation and upgrading but also provides valuable experience and reference for other companies facing similar challenges.
Babytree Group's stable operating conditions and positive development momentum, as presented in the announcement, have instilled confidence in the market. The company will continue to focus on the maternal and infant sector, cultivating it meticulously and continuously improving product and service quality to provide consumers with a better experience, thereby achieving sustainable development and creating greater value.
This event also serves as a reminder that listed company status is not a guarantee of perpetual operation; business development requires continuous adaptation to market changes and flexible adjustment of development strategies. Babytree Group's case provides a mirror for other companies, emphasizing the importance of continuous innovation and sound operation. Only by continuously improving its own competitiveness can a company remain undefeated in fierce market competition.
Babytree Group's delisting is a significant strategic adjustmentnot an end, but a new beginning. In the future, the company will focus more on its core business, aiming for high-quality development, continuously creating value, and bringing better products and services to consumers. We believe that Babytree Group, with its deep accumulation and innovative capabilities in the maternal and infant sector, will achieve greater success in its future development.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
Mobile advertising space rental |
Tag: Babytree Group Delists from Hong Kong Stock Exchange to
The Dark Side of "Buy Now, Pay Later": Hidden Charges, Consumer Traps, and a Crisis of Trust
NextChina's Semiconductor Industry: Navigating Challenges and Opportunities on the Path to "China Core"
Guess you like
-
Pinduoduo's "Trillion-Yuan Support" Plan: A Three-Year, 100 Billion Yuan Investment to Build a Multi-Win Business EcosystemDetail
2025-04-03 14:41:29 11
-
Huyu Xianxiang and AVIC Optoelectronics Institute Forge Strategic Partnership to Shape China's eVTOL Avionics LandscapeDetail
2025-04-02 18:39:02 1
-
Haier Smart Home's 8th Global R&D Innovation Awards: Illuminating Better Lives with Technology, Achieving User SatisfactionDetail
2025-04-02 15:57:33 21
-
Huawei's 2025 China Digital Power Partner Conference: Carbon-Neutral Path for China, Shared Value CreationDetail
2025-03-31 18:57:09 11
-
OPPO Think Tank: A New Paradigm for Chinese Enterprises' Globalization From Wusha Village to the Global High-End MarketDetail
2025-03-31 18:48:21 1
-
ICLR 2025: Chinese Universities and Companies Showcase AI Prowess with Numerous Accepted Papers; Stanford-HKUST Collaboration Achieves Perfect ScoreDetail
2025-03-31 14:54:45 11
-
Huawei HarmonyOS Smart Home Partner Summit: Deep Dive into Spatial Intelligence Transformation and Ecosystem Development StrategyDetail
2025-03-31 13:01:45 1
-
AI Large Models Drive Innovation in Humanoid Robots and Autonomous Driving: 2025 as a Key MilestoneDetail
2025-03-31 13:00:04 1
-
Eight Cities Pilot Credit Supervision Data Openness, Empowering Micro and Small Enterprises with Mobile Payment PlatformsDetail
2025-03-26 09:32:47 1
-
Xiaomi's "Just a Little Profit": The Deep Logic and Sustainability Behind its Low-Margin StrategyDetail
2025-03-25 15:07:32 21
- Detail
-
The Ninth Huawei ICT Competition China Challenge Finals Conclude Successfully: Kunpeng and Ascend Tracks Crown Their ChampionsDetail
2025-03-24 16:26:03 11
-
Ronshen Sugar Cube Refrigerator: The Official Product of the 2025 FIFA Club World Cup, Ushering in a New Era of Healthy Food PreservationDetail
2025-03-24 15:40:35 21
-
Zhihu Launches New Version of Zhihu Straight Answer: Deep Integration of AI and Community to Enhance Professionalism and CredibilityDetail
2025-03-24 14:04:38 1
-
China Construction Ninth Harmony (Zhongjian Jiuhe) and Huawei HarmonyOS Smart Home Deepen Strategic Partnership at AWE2025, Building a Green and Intelligent Future HomeDetail
2025-03-23 15:21:15 41
-
ZuoYeBang Books Leads the New Trend in Intelligent Education Publishing at Changsha Book FairDetail
2025-03-21 15:15:33 1
-
Tianyancha: Shielding Consumer Safety and Reshaping Business Trust with DataDetail
2025-03-21 08:47:58 1
-
Hisense at AWE2025: AI Empowerment, Leading the Transformation of Future Smart LivingDetail
2025-03-20 18:24:11 1
-
Haier TV Makes a Stunning Debut at AWE 2024: Zhiyuan AI Large Model and PureScene Care Screen Usher in a New Era of Smart HomesDetail
2025-03-20 15:17:20 1
-
China Power's Xin Yuan Zhi Chu (New Source Smart Storage): Open Energy Intelligence Computing Center Leads Intelligent Transformation of the Energy IndustryDetail
2025-03-20 15:15:39 1