Maoyan Entertainment, China’s biggest online movie ticketing platform, put off the date of its Hong Kong listing to Feb. 4 and introduced new cornerstone investors including smartphone giant Xiaomi Corp.

Maoyan, backed by Tencent Holdings, originally planned to debut in Hong Kong Jan. 31. The company is seeking to raise as much as HK$2.7 billion (US$345 million) in the initial public offering, according to a prospectus released last week.

In a revised prospectus, Maoyan extended the debut date and named three new cornerstone investors, including a unit of Xiaomi, Hylink Investment and Prestige of The Sun. Maoyan has introduced a total of five cornerstone investors so far, lining up a total of $30 million, or as much as 12% of the planned offering. Xiaomi unit Green Better agreed on an investment of $2.6 million, according to the prospectus.

The company is offering 132.4 million shares at HK$14.80 to HK$20.40 apiece. The pricing will be announced Jan. 28, according to the revised prospectus.

Maoyan had 130 million monthly active users in the first half of 2018, according to the prospectus. The company said its revenue in the first nine months of 2018 nearly doubled to 3.1 billion yuan ($455 million). But Maoyan has not been profitable. Losses amounted to 144 million yuan in the first nine months of 2018.

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