Qiniu(2567)株式概要Qiniu Limitedは、中国でオーディオビジュアル・クラウド・サービスに特化したPlatform-as-a-Serviceの提供に従事している。 詳細2567 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6リスク分析過去5年間で収益は年間4.9%減少しました。 Hong Kong市場と比較した過去 3 か月間の株価の変動意味のある時価総額がありません ( HK$773M )すべてのリスクチェックを見る2567 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW497,995 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG497,995 investors already sharing narrativesYour Fair ValueHK$Current PriceHK$0.3984.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-459m3b2016201920222025202620282031Revenue CN¥2.5bEarnings CN¥293.4mAdvancedSet Fair ValueView all narrativesQiniu Limited 競合他社Founder HoldingsSymbol: SEHK:418Market cap: HK$807.4mGL-Carlink Technology HoldingSymbol: SEHK:2531Market cap: HK$1.1bTI CloudSymbol: SEHK:2167Market cap: HK$582.7mChanjet Information TechnologySymbol: SEHK:1588Market cap: HK$1.4b価格と性能株価の高値、安値、推移の概要Qiniu過去の株価現在の株価HK$0.3952週高値HK$1.6152週安値HK$0.36ベータ01ヶ月の変化-2.50%3ヶ月変化-3.70%1年変化-58.06%3年間の変化n/a5年間の変化n/aIPOからの変化-67.23%最新ニュースNew Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$772.7m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$772.7m market cap, or US$98.6m).New Risk • May 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).Reported Earnings • Mar 21Full year 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.60 loss in FY 2024)Full year 2025 results: CN¥0.03 loss per share (improved from CN¥0.60 loss in FY 2024). Revenue: CN¥1.77b (up 23% from FY 2024). Net loss: CN¥57.9m (loss narrowed 87% from FY 2024).お知らせ • Mar 20Qiniu Limited, Annual General Meeting, May 15, 2026Qiniu Limited, Annual General Meeting, May 15, 2026.お知らせ • Mar 10Qiniu Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Qiniu Limited announced that they will report fiscal year 2025 results on Mar 20, 2026Reported Earnings • Sep 30First half 2025 earnings releasedFirst half 2025 results: CN¥0.017 loss per share. Net loss: CN¥33.4m (flat on 1H 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.最新情報をもっと見るRecent updatesNew Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$772.7m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$772.7m market cap, or US$98.6m).New Risk • May 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).Reported Earnings • Mar 21Full year 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.60 loss in FY 2024)Full year 2025 results: CN¥0.03 loss per share (improved from CN¥0.60 loss in FY 2024). Revenue: CN¥1.77b (up 23% from FY 2024). Net loss: CN¥57.9m (loss narrowed 87% from FY 2024).お知らせ • Mar 20Qiniu Limited, Annual General Meeting, May 15, 2026Qiniu Limited, Annual General Meeting, May 15, 2026.お知らせ • Mar 10Qiniu Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Qiniu Limited announced that they will report fiscal year 2025 results on Mar 20, 2026Reported Earnings • Sep 30First half 2025 earnings releasedFirst half 2025 results: CN¥0.017 loss per share. Net loss: CN¥33.4m (flat on 1H 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.分析記事 • Sep 26Is Qiniu (HKG:2567) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 27First half 2025 earnings releasedFirst half 2025 results: CN¥0.017 loss per share. Net loss: CN¥33.4m (flat on 1H 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong.お知らせ • Aug 15Qiniu Limited to Report First Half, 2025 Results on Aug 26, 2025Qiniu Limited announced that they will report first half, 2025 results on Aug 26, 2025分析記事 • Jul 24Qiniu Limited (HKG:2567) Held Back By Insufficient Growth Even After Shares Climb 32%Qiniu Limited ( HKG:2567 ) shares have continued their recent momentum with a 32% gain in the last month alone...お知らせ • May 28Qiniu Limited Appoints Chen Yiling as A Member of the Nomination Committee, Effective May 28, 2025Qiniu Limited announced that with effect from May 28, 2025, Ms. Chen Yiling, an executive Director and the chief operating officer of the Company, has been appointed as a member of the nomination committee of the Board (the "Nomination Committee"). Following the above change, the Nomination Committee comprises two executive Directors (namely Mr. Xu Shiwei, the chairman of the committee, and Ms. Chen Yiling) and three independent non-executive Directors (namely Mr. Wei Shaojun, Mr. Zhou Zheng and Dr. Shi Qing).分析記事 • May 21Qiniu Limited (HKG:2567) Stock Catapults 28% Though Its Price And Business Still Lag The IndustryQiniu Limited ( HKG:2567 ) shareholders would be excited to see that the share price has had a great month, posting a...Reported Earnings • May 04Full year 2024 earnings released: CN¥0.60 loss per share (vs CN¥0.74 loss in FY 2023)Full year 2024 results: CN¥0.60 loss per share. Revenue: CN¥1.44b (up 7.7% from FY 2023). Net loss: CN¥459.4m (loss widened 42% from FY 2023).New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Reported Earnings • Mar 22Full year 2024 earnings released: CN¥0.60 loss per share (vs CN¥0.74 loss in FY 2023)Full year 2024 results: CN¥0.60 loss per share. Revenue: CN¥1.44b (up 7.7% from FY 2023). Net loss: CN¥459.4m (loss widened 42% from FY 2023).お知らせ • Mar 22Qiniu Limited, Annual General Meeting, May 28, 2025Qiniu Limited, Annual General Meeting, May 28, 2025.お知らせ • Mar 11Qiniu Limited to Report Fiscal Year 2024 Results on Mar 21, 2025Qiniu Limited announced that they will report fiscal year 2024 results on Mar 21, 2025お知らせ • Oct 17Qiniu Limited has completed an IPO in the amount of HKD 439.3125 million.Qiniu Limited has completed an IPO in the amount of HKD 439.3125 million. Security Name: Shares Security Type: Common Stock Securities Offered: 47,925,000 Price\Range: HKD 2.75 Discount Per Security: HKD 0.1045 Security Name: Shares Security Type: Common Stock Securities Offered: 47,925,000 Price\Range: HKD 2.75 Discount Per Security: HKD 0.1045 Security Name: Shares Security Type: Common Stock Securities Offered: 63,900,000 Price\Range: HKD 2.75 Discount Per Security: HKD 0.1045 Transaction Features: Regulation S; Sponsor Backed Offering株主還元2567HK SoftwareHK 市場7D0%1.3%1.1%1Y-58.1%-39.4%-3.0%株主還元を見る業界別リターン: 2567過去 1 年間で-39.4 % の収益を上げたHong Kong Software業界を下回りました。リターン対市場: 2567は、過去 1 年間で-3 % のリターンを上げたHong Kong市場を下回りました。価格変動Is 2567's price volatile compared to industry and market?2567 volatility2567 Average Weekly Movement13.3%Software Industry Average Movement9.7%Market Average Movement7.5%10% most volatile stocks in HK Market16.6%10% least volatile stocks in HK Market3.5%安定した株価: 2567の株価は、 Hong Kong市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 2567の weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてHong Kongの株式の 75% よりも高くなっています。会社概要設立従業員CEO(最高経営責任者ウェブサイト2011338Shiwei Xuwww.qiniu.ltdQiniu Limitedは、中国におけるオーディオビジュアル・クラウド・サービスに特化したPlatform-as-a-Serviceの提供に従事している。同社の主な製品とサービスには、インテリジェント・メディア・データ分析ソリューション、コンテンツ・デリバリー・ネットワーク・サービス、オブジェクト・ストレージ・ソリューションなど、さまざまなインタラクティブ・ライブ・ストリーミング製品を含むメディア・プラットフォーム・アズ・ア・サービス(MPaaS)製品がある。また、主に画像処理、ライブストリーミングとインタラクション、シーン認識分析、オーディオビジュアル処理、ストレージサービスを統合したAPaaS(Application platform-as-a-service)も提供している。さらに、データ分析アプリケーションを開発、実行、管理するためのデータ分析ソリューションを提供するデータプラットフォーム・アズ・ア・サービス(DPaaS)や、クラウドサーバー、データベース、ネットワーク、セキュリティ、ストレージを含むその他のクラウドサービスも提供している。また、ネットワーク技術、ハードウェア、ソフトウェアの開発、コンピューター・システム・サービス、コンサルティング・サービスも提供している。同社は、汎エンターテインメント、ソーシャル・ネットワーキング、ヘルスケア、eコマース、教育、メディア、金融サービス、自動車、通信、インテリジェント製造など、さまざまな業界の顧客基盤を運営している。キニュー・リミテッドは2011年に設立され、本社は中国の上海にある。もっと見るQiniu Limited 基礎のまとめQiniu の収益と売上を時価総額と比較するとどうか。2567 基礎統計学時価総額HK$772.71m収益(TTM)-HK$66.79m売上高(TTM)HK$2.04b0.4xP/Sレシオ-11.6xPER(株価収益率2567 は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計2567 損益計算書(TTM)収益CN¥1.77b売上原価CN¥1.44b売上総利益CN¥326.58mその他の費用CN¥384.45m収益-CN¥57.87m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益(EPS)-0.029グロス・マージン18.46%純利益率-3.27%有利子負債/自己資本比率59.4%2567 の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/07/06 19:02終値2026/07/06 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Qiniu Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Guosheng LiSWS Research Co., Ltd.
New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$772.7m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$772.7m market cap, or US$98.6m).
New Risk • May 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
Reported Earnings • Mar 21Full year 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.60 loss in FY 2024)Full year 2025 results: CN¥0.03 loss per share (improved from CN¥0.60 loss in FY 2024). Revenue: CN¥1.77b (up 23% from FY 2024). Net loss: CN¥57.9m (loss narrowed 87% from FY 2024).
お知らせ • Mar 20Qiniu Limited, Annual General Meeting, May 15, 2026Qiniu Limited, Annual General Meeting, May 15, 2026.
お知らせ • Mar 10Qiniu Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Qiniu Limited announced that they will report fiscal year 2025 results on Mar 20, 2026
Reported Earnings • Sep 30First half 2025 earnings releasedFirst half 2025 results: CN¥0.017 loss per share. Net loss: CN¥33.4m (flat on 1H 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.
New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$772.7m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$772.7m market cap, or US$98.6m).
New Risk • May 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
Reported Earnings • Mar 21Full year 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.60 loss in FY 2024)Full year 2025 results: CN¥0.03 loss per share (improved from CN¥0.60 loss in FY 2024). Revenue: CN¥1.77b (up 23% from FY 2024). Net loss: CN¥57.9m (loss narrowed 87% from FY 2024).
お知らせ • Mar 20Qiniu Limited, Annual General Meeting, May 15, 2026Qiniu Limited, Annual General Meeting, May 15, 2026.
お知らせ • Mar 10Qiniu Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Qiniu Limited announced that they will report fiscal year 2025 results on Mar 20, 2026
Reported Earnings • Sep 30First half 2025 earnings releasedFirst half 2025 results: CN¥0.017 loss per share. Net loss: CN¥33.4m (flat on 1H 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.
分析記事 • Sep 26Is Qiniu (HKG:2567) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 27First half 2025 earnings releasedFirst half 2025 results: CN¥0.017 loss per share. Net loss: CN¥33.4m (flat on 1H 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong.
お知らせ • Aug 15Qiniu Limited to Report First Half, 2025 Results on Aug 26, 2025Qiniu Limited announced that they will report first half, 2025 results on Aug 26, 2025
分析記事 • Jul 24Qiniu Limited (HKG:2567) Held Back By Insufficient Growth Even After Shares Climb 32%Qiniu Limited ( HKG:2567 ) shares have continued their recent momentum with a 32% gain in the last month alone...
お知らせ • May 28Qiniu Limited Appoints Chen Yiling as A Member of the Nomination Committee, Effective May 28, 2025Qiniu Limited announced that with effect from May 28, 2025, Ms. Chen Yiling, an executive Director and the chief operating officer of the Company, has been appointed as a member of the nomination committee of the Board (the "Nomination Committee"). Following the above change, the Nomination Committee comprises two executive Directors (namely Mr. Xu Shiwei, the chairman of the committee, and Ms. Chen Yiling) and three independent non-executive Directors (namely Mr. Wei Shaojun, Mr. Zhou Zheng and Dr. Shi Qing).
分析記事 • May 21Qiniu Limited (HKG:2567) Stock Catapults 28% Though Its Price And Business Still Lag The IndustryQiniu Limited ( HKG:2567 ) shareholders would be excited to see that the share price has had a great month, posting a...
Reported Earnings • May 04Full year 2024 earnings released: CN¥0.60 loss per share (vs CN¥0.74 loss in FY 2023)Full year 2024 results: CN¥0.60 loss per share. Revenue: CN¥1.44b (up 7.7% from FY 2023). Net loss: CN¥459.4m (loss widened 42% from FY 2023).
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Reported Earnings • Mar 22Full year 2024 earnings released: CN¥0.60 loss per share (vs CN¥0.74 loss in FY 2023)Full year 2024 results: CN¥0.60 loss per share. Revenue: CN¥1.44b (up 7.7% from FY 2023). Net loss: CN¥459.4m (loss widened 42% from FY 2023).
お知らせ • Mar 22Qiniu Limited, Annual General Meeting, May 28, 2025Qiniu Limited, Annual General Meeting, May 28, 2025.
お知らせ • Mar 11Qiniu Limited to Report Fiscal Year 2024 Results on Mar 21, 2025Qiniu Limited announced that they will report fiscal year 2024 results on Mar 21, 2025
お知らせ • Oct 17Qiniu Limited has completed an IPO in the amount of HKD 439.3125 million.Qiniu Limited has completed an IPO in the amount of HKD 439.3125 million. Security Name: Shares Security Type: Common Stock Securities Offered: 47,925,000 Price\Range: HKD 2.75 Discount Per Security: HKD 0.1045 Security Name: Shares Security Type: Common Stock Securities Offered: 47,925,000 Price\Range: HKD 2.75 Discount Per Security: HKD 0.1045 Security Name: Shares Security Type: Common Stock Securities Offered: 63,900,000 Price\Range: HKD 2.75 Discount Per Security: HKD 0.1045 Transaction Features: Regulation S; Sponsor Backed Offering