Quanzhou Shoe Business Listing Plan Gradually Realized

There will be more than 10 overseas listed companies this year.

As the time for the listing of enterprises is maturing, major enterprises' listing plans will emerge in succession: Li Lang's recommendation for listing will be listed on the Hong Kong Stock Exchange at the end of this month; PEAK plans to issue $200 million new shares in Hong Kong and has passed the hearing of listing; the wolf will be listed at the Ma exchange at the end of the year.

The frequent exposure of several enterprises listed on the market confirms the fact that at the end of this year, spring enterprises will usher in a new wave of overseas listing.

According to statistics from relevant departments, so far this year, the number of overseas listed companies has reached 7. If we add several enterprises to the end of the year, we expect that the number of Quanzhou enterprises listed overseas will exceed two digits this year.

Low threshold for overseas listing

"The threshold for overseas listing is low, and enterprises are likely to be listed after one or two years of application."

"The more than half of the funds raised will be used for brand promotion and the rest will be used to increase production capacity," he said.

The listing is currently in preparation. The company plans to go public in Malaysia at the end of this year. It is expected to raise about 100 million ringgit by the initial public offering (to convert about 200 million yuan at current interest rate) to expand its business.

According to relevant sources of the Quanzhou footwear industry association, the company is the third Jinjiang enterprise listed on the Jinjiang stock exchange after the Jinjiang Xingquan shoes material Co., Ltd. and the Huayun holding company.

200 million yuan, for a brand enterprise, this overseas fund raising does not seem to be too much. Why are companies so keen on overseas listing?

"Generally, there is less money to be obtained outside the territory than in the territory, but the conditions for listing overseas are more flexible, for example, there is no profit requirement for three consecutive years, and holding companies can also be listed."

Listed experts Lv Yongbo analysis, at present, many enterprises in Quanzhou choose overseas punching boards based on overseas listing and other reasons.

Large overseas market

The reason why companies prefer overseas listing is that the threshold is only one of the reasons. The more important reason is that overseas listing has immediate effect on expanding the influence of brands in overseas markets.

Prior to that, the Jinjiang Hua Yun holding company listed on the Ma exchange indicated that the reason why it chose to list in Malaysia was that most of the reasons were that Malaysia had less impact on the global financial crisis than other countries, and that listing overseas had a positive effect on the company's overseas business prospects.

According to the survey, in recent years, consumer spending on sports shoes has been increasing.

The maintenance cost is more expensive.

Annual expensive maintenance costs are not too small for overseas listed companies.

"Because domestic and foreign capital markets are not uniform on the listing standards of enterprises, it is necessary to hire overseas accountants, lawyers and appraisers to make materials for overseas listing, which is expensive."

According to the analysis of the industry, while expanding the financing channels, enterprises should also see that overseas listing may be faced with the risk of high maintenance costs and small volume of pactions, making it almost impossible for enterprises to refinance.