For Immediate Release

BabyTree Group

寶寶樹集團

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1761)

BabyTree Group starts trading in HKEX 

A closing price at HK$6.87 per share, representing an increase of 1.03% from the Offer Price

(27 November, 2018- Hong Kong) BabyTree Group (the “Company”, stock code: 1761.HK) commenced trading of its Shares on the Main Board of the Hong Kong Stock Exchange today.

Shares of the Company were actively traded on the first day of trading with an intra-day high of HK$7.15 and a closing price at HK$6.87, representing an increase of approximately 1.03% from the Offer Price of HK$6.8. Total trading volume was approximately 57.06 million shares, representing an aggregate turnover of approximately HK$393.073 million.

BabyTree Group is a pioneer in developing an online community focused on young families in China in 2007. It has become the largest and most active M&C-focused community platforms in China, dedicated to connecting and serving young families by an average 139.0 million total MAUs in 2017 according to the Frost & Sullivan Report. BabyTree’s primary platforms are Babytree Parenting, the flagship platform; WeTime, a social recording medium and an online depositary of early education content and tools; and Meitun Mama, an M&C product-focused e-commerce platform, fully served the four essential needs of China’s young families: learning, sharing, recording and shopping. The Company has built the most trusted brand among M&C online platforms in China.

Mr. Wang Huainan Founder, Chairman and Chief Executive Officer of the BabyTree Group remarked with delight, “The successful listing is an important milestone for BabyTree Group. On behalf of the Company, I would like to express our deepest gratitude to the investors for their recognition and support.” As of the further development, he said, “In the future, BabyTree will growth constantly and willing to face every challenge ahead. We will never forget why we started BabyTree and keep our promise to let every Chinese young family have a beautiful journey of life.” 

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About BabyTree Group 

BabyTree Group (“BabyTree” or the “Company”) is a pioneer in developing an online community focused on young families in China in 2007. It has become the largest and most active M&C-focused community platforms in China, dedicated to connecting and serving young families by an average 139.0 million total MAUs in 2017. Strong social features and high-quality content are the two pillars of its community platform on which it offers a comprehensive suite of products and services that serve the four essential needs of China’s young families: learning, sharing, recording and shopping. Over a journey of 11 years, the Company has built the most trusted brand among M&C online platforms in China. BabyTree’s primary platforms are Babytree Parenting, the flagship platform; WeTime, a social recording medium and an online depositary of early education content and tools; and Meitun Mama, an M&C product-focused e-commerce platform.

This press release is issued by Wonderful Sky Financial Group Ltd. on behalf of BabyTree Group.

For further information, please contact:

Wonderful Sky Financial Group Company Ltd.

Judith Yu / Liting Chen /Joanne Liu / Angie Li

Tel: 3970 2122 / 3970 2215 / 3757 4739 / 3970 2273  

Email: judithyu@wsfg.hk /litingchen@wsfg.hk/ po@wsfg.hk