In today’s briefing:
- Baishan Cloud IPO Preview: Break-Even Is Likely To Be Achieved in 2024
Baishan Cloud IPO Preview: Break-Even Is Likely To Be Achieved in 2024
- Baishan Cloud, China’s independent edge cloud service provider, filed to go public in Hong Kong. CICC and investment bank Haitong are the lead underwriters in this offering.
- Founded in 2015, BaishanCloud (1568617D HK) is led by its CEO and Founder, Mr. HUO Tao, and a highly experienced founding team.
- I believe the company will achieve a break-even this year, coupled with a strong international expansion, potential revenue acceleration and gross margin improvement as the business continues to scale up.
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