Soft International Group Ltd (02569.HK) IPO Subscription from March 19 to March 24, 2025

Soft International Group Ltd plans to offer 250 million shares at an offer price of HKD 0.5–0.6 per share. The company's shares are expected to begin trading on the Hong Kong Stock Exchange on Thursday, March 27, 2025.

Soft International Group Ltd: The second-largest exporter of disposable hygiene products for baby and child care from China to Russia.

Shares Offered: The offering consists of 250 million shares, with 10% allocated to the Hong Kong public offering and 90% to the international offering, along with a 15% over-allotment option.

Offer Price:The offer price per share is HKD 0.5–0.6, with each lot consisting of 5,000 shares and a minimum investment of HKD 3,030.25 per lot.

The Subscription Period:from March 19 to March 24

The Listing Date：March 27

The IPO Sponsor：Sunny Fortune Capital

(Image source: Soft International Group Ltd IPO prospectus document)

Company Overview

Soft International Group Ltd is a leading enterprise specializing in disposable personal hygiene products, primarily engaged in the development, production, and sales of baby care, feminine care, and adult incontinence products. The company focuses on emerging markets across the Eurasian continent and is committed to providing consumers with high-quality, comfortable, and safe hygiene products.

According to a report by Frost & Sullivan, based on export value in 2023, Soft International was the second-largest exporter of disposable baby care hygiene products from China to Russia, accounting for approximately 3.7% of the market share. Leveraging its strong product development capabilities, strict quality control system, and efficient supply chain management, the company has earned widespread trust from global customers.

Soft International adheres to the brand philosophy of "Caring for Growth, Protecting Health", continuously innovating its products to meet the diverse needs of different consumer groups. Looking ahead, the company will continue to expand its international market presence, deepen its global strategic layout, and strive to become a leading player in the personal hygiene industry.

Financial Information

Soft International has demonstrated significant financial growth in recent years.

In FY2021, the company recorded revenue of approximately RMB 263 million, with a net profit of around RMB 10.002 million.

In FY2022, revenue increased to RMB 408 million, reflecting a 55.1% year-on-year growth, while net profit surged to RMB 41.859 million, marking an 318.5% year-on-year increase.

In FY2023, revenue further rose to RMB 655 million, a 60.5% year-on-year growth, with net profit reaching RMB 57.689 million, an increase of 37.8% from the previous year.

In the first five months of FY2024, the company reported revenue of approximately RMB 281 million, with a net profit of RMB 19.209 million, indicating continued strong growth momentum.

How to subscribe to Hong Kong IPOs via uSMART HK

The uSMART HK App offers an IPO Center, providing early access to IPO subscriptions and exclusive promotions. Customers can subscribe to newly issued shares directly through the app. After logging into the uSMART HK App, select "Trading" at the bottom right, click "IPO Subscription", choose the IPO you wish to subscribe to, click "Public Offering", enter the desired subscription quantity, and submit the order.

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Exclusive uSMART Subscription Offer for Soft International IPO:Interest-free for both new and existing clients with a subscription amount of $500,000 or below; Applicable to PRO account clients ; Standard account clients enjoy a 12x financing ratio.