AOKANG Shoe Industry Successfully Passed &Nbsp On Friday, And Its Founder Will Exceed 8 Billion.

According to the latest announcement of the China Securities Regulatory Commission, Zhejiang AOKANG footwear Limited by Share Ltd (hereinafter referred to as AOKANG shoe industry) adopted the first application on Friday.

This means that the private enterprise from Wenzhou has passed the "big test" of listing, and is now close to landing A shares. Wenzhou will add another listed company, and the AOKANG shoe industry will become the first Wenzhou shoe making enterprise to be listed.

The industry expects that AOKANG shoe industry will be available in the next month or so.

Wang Zhentao indirectly plus direct shareholding up to 244 million shares, referring to the same industry Saturday's current valuation, once the AOKANG shoe industry has landed on the Shanghai Stock Exchange, Wang Zhentao's shareholding market value will exceed 8 billion yuan, and the top 100 of the Forbes rich list will be a foregone conclusion.

In the memory of investors, there are few listed companies specializing in shoe manufacturing in the A share market. Thailand shares (002517) focus on sole production, while Saturday (002291) focuses on brand management. But if AOKANG shoe industry can successfully pass the SFC audit, there may be a listed company specializing in men's shoes manufacturing in the A share market.

The prospectus disclosed the business situation of AOKANG shoe industry since 2008. From the perspective of revenue, net profit growth and earnings per share, the business income and net profit of AOKANG footwear industry increased rapidly in 2009 and 2010 after the successful implementation of the "Olympic marketing strategy" in 2008.

As of the end of 2008, AOKANG shoes business income of 1 billion 79 million yuan, then in 2009 and 2010, AOKANG shoes industry annual operating income was 1 billion 667 million yuan, 2 billion 211 million yuan, the annual growth rate is 54.49%, 32.63%, 2011 1-6 months, AOKANG shoes business income has also achieved 1 billion 329 million yuan.

In terms of net profit, the AOKANG shoe industry achieved 43 million yuan, 200 million yuan and 280 million yuan respectively in 2008, 2009 and 2010. Its net profit in 2011 2010 is also very alarming, with a total net profit of 216 million yuan, accounting for nearly 80% of the total net profit achieved last year.

Besides,

Wang Zhentao, chairman and President of AOKANG group, was born poor. When he was 15 years old, he had to drop out of school because of the difficult economic conditions at home. He worked as a carpenter for 3 years and ran for 5 years.

In 1988, he started with 30 thousand yuan and founded the predecessor of AOKANG group, Yongjia Olin shoe factory.

In the first half of this year, the total output of AOKANG shoes was 9 million 8 thousand and 500 pairs, and last year's output was 16 million 731 thousand and 800 pairs. Last year, the company's business income has reached 2 billion 211 million yuan, and when the AOKANG started 23 years ago, the start-up capital of the company was only 30 thousand yuan. When Wang Zhentao founded AOKANG,

Some people say that Wang Zhentao's story is the most condensed and wonderful story of leather shoes in Wenzhou.

In 1988, Wang Zhentao and two other natural persons invested 10 thousand yuan to buy production equipment. An experienced shoemaker was invited to formally run the "Yongjia Olin shoe factory".

The shoes were made. Because of the bad reputation of Wenzhou shoes and the bad products, he personally stood at the counter, listened to the customers' opinions, and promptly returned the information to the factory.

Business is getting more and more prosperous. Big fake AOKANG and fake Wenzhou shoes are flooding the market. Wenzhou shoes have become a target of public criticism.

In 1999, in Hangzhou Wulin Square, Wang Zhentao personally ignited the fake Wenzhou shoes, which made Wenzhou shoes reborn.

While climbing to the peak of private "shoe king", Wang Zhentao is also planning to develop into the whole industry chain and enter the real estate industry at the same time.

Wang Zhentao, who had been preparing for 5 years and wandered outside the capital market, finally realized the development from industry to financial market at the end of 2008.

In mid October of that year, Yongjia Ruifeng microfinance Co., Ltd. (Ruifeng company) launched a high-profile business with a capital of 100 million yuan.

After the financial crisis, due to the shortage of funds to the small boss of the loan company of Ruifeng company, the stock funds of the company were all loaned out in more than 2 months.

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From 30 thousand yuan to now, it is expected to have 7 billion 600 million stake in the listed company. From the small workshop production to the current production of millions of pairs of leather shoes with world-class equipment, from family factories to the top three national leather shoes, the development of Wenzhou shoe king Wang Zhentao and his AOKANG group has many memorable stories behind them.

The Wang Zhentao family will have five billionaires.

From the prospectus, the Wang Zhentao family altogether holds 88.62% of AOKANG shoe industry, and the number of shares is 283 million 564 thousand and 770 shares.

Judging from the number and operation of the AOKANG shoe industry, the issue price is expected to exceed 25 yuan / share, and the Wang Zhentao family will be worth 8 billion yuan.

Wang Zhentao's son, Wang Chen, holds 20 million 423 thousand and 100 shares of AOKANG shoe industry, and the stock market value will be as high as 532 million yuan at 25 yuan / share.

There were also three other relatives of Wang Zhentao.

The AOKANG shoe prospectus (pre disclosure) shows that Wang Zhentao's brother Wang Jinquan, Wang Zhentao's uncle Miu Yanshu and Wang Zhentao's brother-in-law Pan Changzhong also hold 19 million 950 thousand, 9 million 975 thousand and 9 million 975 thousand shares of AOKANG shoes respectively, and AOKANG shoes are listed on the market. The three people will have a market value of 499 million yuan, 250 million yuan and 250 million yuan respectively.

It can be seen that the landing of AOKANG shoes into A shares will bring up five billionaires, and the market share of Wang family, including Wang Zhentao, Wang Chen and Wang Jinquan, will be close to ten billion yuan, which is undoubtedly a model of capital market making wealth.

In fact, the number of people on the first day of the listing of the company increased significantly, even the number of people who promoted the richest. Xu Jiayin, Yang, Hui Yan, Guo Guangchang and Pan Shiyi, when they were in charge of the company, the assets they had on the first day were the richest in the mainland at that time.

Two, investing in stocks has increased by two times over a year.

AOKANG shoes listed not only made the Wang Zhentao family rich, but also the venture capital that they just joined a year ago will earn a lot of money.

In June 2010, Hongling venture capital and Chang Ting venture invested 100 million yuan and 50 million yuan respectively to subscribe for AOKANG shoes 3 million 742 thousand and 500 yuan and 1 million 871 thousand and 200 yuan of registered capital.

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The high delivery makes AOKANG footwear shareholders change to 2.85 shares per shareholding. The size of Hongling venture and long Ting venture shareholding AOKANG shoes also increased to 10 million 666 thousand shares and 5 million 333 thousand shares respectively. The cost of 100 million yuan and 50 million yuan for the old stock cost was calculated.

After the successful listing of AOKANG shoe industry, Hongling venture and long Ting venture will hold 354 million yuan and 177 million yuan respectively in the stock market value and less than a year and a half in the stock market. The proportion of the two companies will reach 2.54 times.