年卖41亿片、市占率20.3%!非洲纸尿裤之王IPO首日暴涨25%,实控人分红1.66亿后,67.2

中金在线
Nov 25, 2025

11月10日,有着“非洲纸尿裤之王”称号的 乐舒适 敲钟港交所,首日股价飙涨25.95%,看似风光无限。但光鲜背后,业绩增速腰斩、实控人上市前狂分1.66亿,再募资扩产的操作,让市场犯了嘀咕:这钱到底是用来发展,还是补分红的窟窿?九成收入靠非洲,纸尿裤撑起半边天乐舒适 2009年成立,2018年在加纳开启本地化生产后,就一门心思扎进了非洲市场。如今它的销售网络遍及30多个国家,在非洲纸尿裤和卫生巾...

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