Hundreds Of Shoe Companies Plan To Go Public

The trend of the times will not wait for us. With the era of "not bad money", listing has become a large number of Quanzhou. Shoe enterprises Increasingly convergent goals. Reporters learned yesterday from the municipal Footwear Association that nearly 100 companies have been making plans for listing.

Listing is no longer a patent for large brand enterprises. Many Quanzhou shoe enterprises boss will focus on the future and put the listing in the medium term plan. Insiders expect that Quanzhou shoe enterprises have formed a number of listed reserve resources, and will appear in the past two years. capital market In Quanzhou to create famous Deputy big plate.

Total financing of shoe enterprises

In the year or over billion

For Quanzhou shoe enterprises Listing plan Lv Yongbo, a listed consultant, said, "the number may exceed 100, and the total amount of financing is expected to exceed 10 billion by the end of the year."

After calling the owner of several shoe enterprises, the reporter found that whether it is financing based on "bad money" or focusing on the brand publicity effect, the listing is a long-term plan for Quanzhou local brand shoe enterprises. It is reported that Anta, XTEP, 31st degree successfully boarded the "listing stage" in Hongkong, and many shoe companies such as PEAK and Jordan will also be on the market soon. Closely followed, many shoe brands in Quanzhou are eager to make plans for listing.

According to Ni Zhongsen, chairman of Quanzhou Hengrun Financial Consulting Co., Ltd., Quanzhou's "reserve forces" have begun to expand in acceleration, forming a veritable Quanzhou plate in the stock market. From 2007, Anta successfully raised over HK $3 billion 500 million in Hongkong, financing 2 billion 230 million and HK $2 billion respectively in XTEP and 31st degree respectively, together with Hongxing Erke, wild power and alligator, who are raising funds in Singapore. Ni Zhongsen estimated that the total amount of financing of Quanzhou shoe enterprises will exceed 100 billion yuan by the end of this year.

High success rate of listing

Tend to overboard

The reporter understands, although the idea of listing has been clear, many enterprises have many doubts about the choice of listing place. "The success rate of overseas listing will be high, but the specific choice of where to go on the market remains to be studied." Mr. Chu, deputy general manager of a well-known shoe manufacturer in Quanzhou, thinks that the success rate of listing is most important. However, the choice of specific locations requires enterprises to make a plan for the brand's market strategy and then weigh the pros and cons.

"Every market has its own characteristics. Enterprises should choose their place of listing according to their own needs and future plans." Referring to the choice of "listing stage", Lv Yongbo pointed out that the current market price earnings ratio of domestic market is higher than that of offshore market. "The same net assets are generally low on overseas listings." Lv Yongbo pointed out that "the Hongkong market is active, and it is easy to melt into the characteristics of funds, which is very popular with our shoe companies."

In addition, according to the analysis, although the turnover in Singapore and Korea is relatively small, but because of the low threshold of listing, it is also conducive to the popularity of overseas, which is a good choice for enterprises wishing to develop overseas markets.

Focus on future strategy

Lay a good foundation for listing

"Although listing is the only way for an enterprise to become bigger and stronger, it will bring great trouble to the future development of enterprises if the" foundation "is not packaged properly. In a chat, Mr. Ding, a shoe manufacturer in Jinjiang, believes that the negative news will soon spread if the enterprises that are listed on the false appearance are not able to operate according to the promised returns. Originally wanted to borrow the strength of listing the brand, but will bear huge market pressure.

Mr. Ding said that the company's current strength is far from the listing threshold, but the company has begun consulting the accounting firms to discuss the issue of equity structure, and has begun preparations for the preliminary work of equity restructuring in order to save money and time for the application. At present, the company is making vigorous efforts to "practice" the internal strength, waiting for the arrival of the listing time.

"Before the bosses get together, they always discuss whether they want to go public or not, and now they are going to discuss how to go public." Mr Ding said frankly, in Quanzhou, there are few enterprises like him who are listed after the first training.

Straighten out the property right structure

Listed in the first place

"If we want to improve our internal strength, we must first clarify the structure of property rights, otherwise, restructuring will become empty talk." Talking about the issue of enterprise restructuring, Lv Yongbo pointed out that the transformation of enterprises must be straightened out and the management of family management should be thoroughly diluted at the level of management and management.

It is reported that many shoe enterprises in our city have the nature of family businesses, especially those developed by kinship. For these family businesses, there is a certain degree of difficulty in regulating financial and property rights. In this regard, the industry believes that if enterprises want to step in place, it may be more difficult to quantify the property rights to individuals, but first, we can straighten out the internal property rights relationship locally, first separate the property rights of siblings and cousins, and set up separate companies respectively. In addition, enterprises can reorganize family assets in the early stage. First, part of the high-quality assets should be "started" to go family oriented and straighten out the relationship of property rights.