Laopu Gold Co., Ltd.
6181.HK
Hong Kong Stock Exchange391.20
HKD
+8.20
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Laopu Gold Co., Ltd.
6181.HK
(Hong Kong Stock Exchange)
Recent
price
391.20
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Laopu Gold Co., Ltd. (6181.HK) designs, manufactures and sells heritage gold jewelry products incorporating ancient Chinese craftsmanship techniques such as filigree inlay, enameling and gold-silver inlay; its core offerings include pure gold jewelry comprising pendants, bangles, bracelets, rings and ear studs for daily wear as well as heavier ornaments, vessels and collectibles, alongside gem-set jewelry featuring diamonds or other gemstones inlaid in pure gold settings, with ancillary maintenance and repair services provided through a network of boutiques and online channels including Tmall, JD.com and WeChat Mini Program. The company, founded in 2009 and headquartered at Rooms 3-6, 6/F, No. 3 West Building, The Towers at Oriental Plaza, No. 1 Dong Chang'an Avenue, Dongcheng District, Beijing, China, primarily serves high-net-worth consumers in the luxury goods segment across Mainland China, Hong Kong and Macau, operating 33 self-run boutiques in 14 cities as of mid-2024, many in premium locations like SKP and MixC malls. Recent developments include its Hong Kong Stock Exchange listing in June 2024 raising approximately HK$906 million via an initial public offering of 22.37 million shares, a second H-share placement in October 2025 targeting HK$2.715 billion primarily for gold inventory buildup, store expansions and working capital amid peak-season demand and cash flow pressures from rapid growth, alongside the launch of the "Seven Sons Gourd" collection in 2025 showcasing innovative high-temperature seven-color enamel processes, multiple price adjustments in 2025 including a third hike in October, and accelerated store openings such as the flagship three-storey Hong Kong store on Canton Road in March 2024.