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    HOSA International Publicly Offered Shares On Friday

    2011/6/23 8:41:00 16

    HOSA International Publicly Offered Shares On Friday

    Last Friday,

    Indoor sports clothes

    Manufacturer

    Hosa International Limited

    Public offering began.

    The company intends to offer 400 million shares worldwide, of which Hongkong's public offering is about 10% of the total offering, or 40 million shares.

    The price is HK $2.88 to HK $4.1, up to HK $1 billion 640 million.

    It is expected to be listed on the Hongkong Stock Exchange on the 30 th of this month.

    According to the prospectus,

    HOSA group

    With the sales volume of indoor sportswear in 2010, China's largest brand --

    HOSA TM

    According to Sullivan, the largest market share of China's water sports, fitness yoga and sports underwear market in 2010 is 6.1%, 4.6% and 31.1% respectively.

    The group designs and produces diversified high-end sports apparel products, including water sports, fitness yoga, sports underwear and accessories.

    The group has strong brand strength, professional knowledge and extensive and efficient management of the distribution network, and won the "China swimsuit industry logo brand" and many other honors, and occupies a leading position in the Chinese indoor sports apparel market.

    Prospectus information shows that

    HOSA International

    In recent years, revenue and annual profits continued to grow steadily. The operating income of the company in 2008, 2009 and 2010 was 204 million 600 thousand yuan, 159 million 200 thousand yuan and 347 million 800 thousand yuan respectively, with annual profits of 28 million 200 thousand yuan, 28 million 600 thousand yuan and 94 million 400 thousand yuan respectively.

    By the end of 2010, HOSA accounted for 85.3% of international and domestic sales.

    It is reported that the comprehensive and high quality of its own brand and product mix is the most important advantage of HOSA international, while the HOSA international market is mainly concentrated in the first tier cities.

    By the end of last year, HOSA international has 13 first tier distributors and 47 two tier distributors, with 666 retail terminals and online sales platforms, and distribution networks across 26 provinces and municipalities across the country.

    These distributors are sold through department stores, professional retail channels, HOSA stores and online sales channels.

    It is reported that HOSA international will focus on the development of the domestic market this year, plans to increase the number of distribution points, and is committed to developing two or three line cities, and it is expected that the retail terminal will reach more than 1200 by the end of the year.

    By the end of May, HOSA International's retail terminal and online sales platform had increased from 666 at the end of last year to 904, of which more than 150 new retail outlets were located in two or three line cities.

    HOSA International said it will further penetrate and grasp the developing market through the first tier dealers and is ready to extend the sales coverage to the domestic two or three line market.

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