港股IPO招股书披露先例 · 331 家公司，331 项
季节性及周期性波动指申请人销售、生产或现金流随天气、节假日、客户预算及采购周期、电商促销节奏等因素在不同期间出现的波动。招股书通常于概要、风险因素、业务及财务资料等章节披露波动的具体模式及成因，并说明丰富产品组合、加大销售及营销力度、采用弹性用工安排、持续监察及调整资源配置等应对措施，或引述行业来源指该等季节性属业内普遍现象。
Our results of operations are subject to mild seasonal fluctuations. We usually observe an increase in revenue in the fourth quarter of each calendar year, primarily due to an increase in the demand of pharmaceutical products during winter.
Business · 第 203 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Seasonal fluctuations have not thus far posed material operational and financial challenges to us.
Business · 第 203 页
We have historically experienced accelerated business expansion around March and July, mainly due to increasing spending or purchases by our customers (for both our office IT integrated solutions and SaaS product) as a result of active employee recruitment which generates higher office IT service demands.
Business · 第 218 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Overall, the impact of seasonality on our business has been relatively mild due to our rapid growth.
Business · 第 218 页
As our operating lease services and engineering and technical services are primarily performed on construction sites, our services are affected by seasonal weather conditions.
Financial Information · 第 340 页
Further, we may also experience seasonal fluctuation in our revenue and operating income in the first quarter of the year as a result of the Chinese New Year, which in turn, reduce the business activities and labor force in the market.
Financial Information · 第 340 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our results of operations are likely to continue to fluctuate due to our business cycle, which resulted in seasonality.
Financial Information · 第 340 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看During the Track Record Period, we experienced relatively higher revenue in the fourth quarter of a calendar year than the other quarters of a calendar year, mainly because there is a higher concentration of festive seasons and other marketing campaigns and other activities in the fourth quarter of a calendar year, which tend to attract more customers to organise sales and marketing activities for stimulating sales and raising brand awareness.
Business · 第 261 页
As compared to the rest of a year, we typically record higher revenue from our solutions offerings in the fourth quarter of a year primarily because physician users are more likely to complete IIT projects and pharmaceutical and medical device companies are more likely to engage us for precision omni-channel marketing solutions in the fourth quarter.
Financial Information · 第 365 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our financial performance for any period of less than a year may not reflect our annual financial results and a comparison of different periods may not be meaningful.
Financial Information · 第 365 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our business is subject to seasonal fluctuations. We typically experience higher product sales during holidays and festival seasons in a year, most notably around the Spring Festival and the Mid-Autumn Festival.
Business · 第 158 页
During the Track Record Period, the fourth quarter of the year was the peak season for our cross-border digital marketing services serving marketers from the e-commerce industry which customarily allocate a significant portion of their marketing budgets around the holiday seasons (such as Christmas and New Year) and on special promotional occasions (such as Black Fridays) when increased consumer spending is expected.
Business · 第 250 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看our Directors believe that we did not experience material fluctuations in our operations due to seasonality during the Track Record Period.
Business · 第 250 页
We typically record higher revenue in the second half of the year than in the first half of the year.
Business · 第 260 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看We attribute this seasonality to the effect of the long Chinese New Year holiday and Labor Day holiday which most of our projects are suspended.
Business · 第 260 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看For instance, we typically see more consumer traffic and generate higher sales during the summer and winter months, including January, July, August and December, driven by the school holidays and holiday seasons, as compared to the remaining months.
Business · 第 210 页
We experience seasonality in our business as our results of operations are affected by holidays in China.
Business · 第 271 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Seasonal fluctuations have not thus far posed material operational and financial challenges to us, as such periods tend to be brief and predictable.
Business · 第 271 页
We experience seasonality in our business, mainly correlating to the seasonality pattern associated with the road freight transportation industry in China.
Business · 第 283 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看As a result, our financial condition and results of operations for future periods may continue to fluctuate from time to time due to seasonality.
Business · 第 283 页