Dental Doctor Targets Shanghai Stock Exchange IPO

Image source: Announcement by Dr. Dental regarding the filing and progress of its application for public issuance of shares and listing on the Shanghai Stock Exchange for coaching and registration.

DentalGoodNews｜On May 29, 2026, Dental Doctor Medical Holding Group Co., Ltd. (874689) signed an IPO guidance agreement with Dongwu Securities and submitted the IPO guidance filing application materials for public issuance of shares and listing to the Jiangsu Securities Regulatory Bureau, officially initiating the IPO guidance process on the Shanghai Stock Exchange.

According to public information, Dental Doctor was founded in 2010, headquartered in Suzhou, and is a professional dental chain institution providing oral healthcare services to clients of all ages. The company currently operates 41 directly-owned chain dental institutions across 15 cities in East China, with its main business covering dental implantation, orthodontics, and comprehensive oral services.

According to the announcement, from 2023 to 2025, Dental Doctor's net profit attributable to the parent company's shareholders was RMB 90 million, RMB 104 million, and RMB 129 million, respectively (calculated based on the lower of the amounts before and after deducting non-recurring gains and losses). During the same period, operating revenue was RMB 1.322 billion, RMB 1.576 billion, and RMB 1.767 billion, with total operating revenue over the past three years reaching RMB 4.665 billion. Net cash flow from operating activities was RMB 265 million, RMB 267 million, and RMB 308 million, respectively, totaling RMB 841 million, meeting the listing standards specified in Article 3.1.2, Item (1) of the "Shanghai Stock Exchange Stock Listing Rules."

According to previous reports by DENTALGOODNEWS (Leading Dental Industry Media, DGN), Dental Doctor officially listed on the National Equities Exchange and Quotations (NEEQ) on December 6, 2024, and was transferred to the NEEQ Innovation Layer in May 2025. In April 2026, the company reviewed and approved an investment plan, proposing to invest a total of no more than RMB 200 million to add approximately five new dental institutions and build a headquarters hospital in the East China region.

Dental Doctor stated in the announcement that the company does not fall under any negative list scenarios for public issuance of shares and listing. Currently, Dental Doctor's application for public issuance of shares and listing on the Shanghai Stock Exchange still requires review by the Shanghai Stock Exchange and registration with the China Securities Regulatory Commission. The company has issued risk warnings to investors regarding the relevant review and issuance risks.