日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

First listed bike-sharing company pedals to victory

By SHI JING in Shanghai | China Daily | Updated: 2017-08-18 07:41

First listed bike-sharing company pedals to victory

Parked Youon shared bikes on a street in Luoyang, Henan province. PROVIDED TO China Daily

Changzhou Youon shares sprint to put on big gains as stock starts trading

Changzhou Youon Public Bicycle System, the nation's first listed bike-sharing company, sprinted ahead and took line honors in its first trading day in Shanghai on Thursday.

Listed on the Shanghai Stock Exchange with an issue price of 26.85 yuan ($4) per share, Changzhou Youon started trading at 32.22 yuan per share on Thursday, and halted trading for the price instantly reached 38.66 yuan, which exceeded the daily price increase limit of 10 percent.

Based on its closing price, Youon's market capitalization was 3.7 billion yuan on day one. Sun Jisheng, founder of Youon who holds 35.72 percent of the company, saw his personal wealth swell to 1.3 billion yuan.

However, Thursday's good fortune still does not qualify him to enter the benchmark Hurun Rich List, which monitors the ups and downs of Chinese billionaires. The threshold for last year's list was 2 billion yuan.

Zhang Xu, a senior analyst at Beijing-based internet consultancy Analysys, said the surge of Youon on its first trading day may not reflect investors' confidence in its business model-but rather a common phenomenon for most of the companies newly listed on China's A-shares market.

Founded in 2010, Youon has attracted 20 million users nationwide and has rolled out 890,000 public bikes in over 210 Chinese cities and counties.

Unlike its better-known rivals Ofo and Mobike, which provide dockless bikes with smart locks, Youon specializes in public bikes with fixed locking poles and designated parking lots, most of which are operated in cooperation with local governments. Also, Youon has reported profit for three consecutive years since 2014, while the other two are still waiting to go into the black.

According to its half-year results to June 30, released on Wednesday, the company posted sales of 474 million yuan, up 43.46 percent year-on-year. Net profit rose 20.99 percent to 61.36 million yuan.

First-half net cash flow soared 105 percent year-on-year. The group said the surge was partly driven by its rising business in dockless bike sharing services.

Youon debuted in the dockless bike sharing sector in November last year, putting out 50,000 bikes in cities including Shanghai, Beijing and Chengdu. According to its prospectus, this sector only took up 0.05 percent of its income in 2016. The bulk of its earnings then remained with docked bicycles.

Analysys analyst Zhang predicted the business model of public bikes with locking poles will eventually be replaced by dockless bikes, because the former lacked competitiveness in technology and user experience.

"Youon is now taking the lead, mainly in the lower-tier cities where industry leaders such as Ofo and Mobike have not yet entered," he said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 欧美伊人网 | 久久福利免费视频 | 国产一区91精品张津瑜 | 在线观看av一区二区 | 黄网视频在线观看 | 精品国产乱码久久久久久婷婷 | 成人精品亚洲 | 九九久久精品 | 色综合激情 | 女人18毛片一区二区三区 | 国产午夜久久 | 色www国产亚洲阿娇 日韩精品一区二区在线播放 | 免费看黄色小视频 | 九九热精品免费视频 | 久久免费视频6 | 91高跟黑色丝袜呻吟在线观看 | 99久精品 | 黄色大片免费网站 | 啪啪伊人 | 337p粉嫩大胆噜噜噜亚瑟影院 | 日日夜夜精品视频免费 | 91视频在线观看网站 | 久久在线免费观看 | 一区二区三区在线免费观看视频 | 日韩av在线播放观看 | 久热免费在线 | 91香蕉国产在线观看软件 | 天天艹天天 | 一区小视频 | 黄色大片网站 | 污网站在线免费看 | 精品亚洲一区二区 | 九九热这里只有 | 国产女人高潮毛片 | 国产99久久久国产精品成人免费 | 亚洲美女色视频 | 亚洲区免费视频 | 成年午夜视频 | 久久99日韩 | 日韩一级大片 | 一区二区三区国产精品 |