According to Zhitong Finance, Reepai Veterinary Hospital Management Co., Ltd.'s Hong Kong IPO prospectus filing, submitted on December 22, 2025, expired on June 22, 2026. China International Capital Corporation (CICC) served as the sole sponsor for the offering.
As of June 30, 2025, Reepai operated 548 veterinary hospitals across mainland China and Hong Kong, spanning 28 provinces and approximately 70 cities, making it China's second-largest pet medical service provider, according to Frost & Sullivan. The company is the only nationwide large-scale pet hospital chain operator to achieve net profitability.