Will Insufficient Capacity Affect Red Dragonfly'S Listing Dream?

In April 24th, the Shaanxi provincial quality and Technical Supervision Bureau informed the quality supervision and spot checks of leather shoes, and 12 batches of the 56 batches of samples were unqualified, including the Zhejiang which made significant progress in IPO.

Shoe Limited by Share Ltd.

The environmental verification of listed companies has entered the stage of publicity, and the red dragonfly is still facing the problem of insufficient capacity.

According to the announcement of the Red Dragonfly Footwear Industry, red dragonfly intends to issue 80 million shares in the initial public offering of A shares (tentative).

Red dragonfly is currently facing the problem of insufficient capacity.

From the data of production capacity, there are 8 adhesive shoes production lines in the five-star factory area, with a design scale of 2 million 200 thousand pairs, but the actual output in 2010 and 2011 was 2 million 401 thousand pairs and 2 million 408 thousand pairs, respectively, exceeding 9.1% to 9.5%.

However, what we can't understand is that the company has a high reputation in the domestic second line products, and its products sell well. In the current super production situation, the company does not seem to intend to use IPO to raise its capacity to expand its capacity.

From the company's information, the Red Dragonfly shoe industry was established in 1995, with a registered capital of 350 million yuan, formerly known as Yongjia Red Dragonfly Footwear Co., Ltd., and the shareholding system was reformed in September 2007.

The company currently has a total assets of 1 billion 12 million yuan and net assets of 223 million yuan, mainly engaged in the production and sale of leather products, clothing and shoe accessories. Red Dragonfly hopes to enter the capital market as early as 2009.

It said it will enter the domestic A share market and hope to complete the listing in 2010.

But its listing process is slow and dragged to this year. The company has just completed its environmental verification.

A clothing and textile analyst of a brokerage firm in Shanghai told reporters that the Red Dragonfly belongs to the second tier brand in China. Its popularity is not bad, but it is not as good as the upcoming AOKANG shoe industry.

It is reported that the unqualified footwear products of the company are 32AA27912 casual men's single shoes, and the peel strength of the bottom is not up to the requirements.

In this regard, the Red Dragonfly company after-sales service department said that it has never received complaints of unqualified quality.

Red Dragonfly Shaanxi branch said that the company had already completed the matter, but the reporter asked if the product was recycled. The staff said the matter was handled by the company's top managers, and they were not sure about the plan.

Domestic shoe companies, including BELLE, Daphne, Saturday (002291), Anta and so on, are becoming more and more popular in China.

And the red dragonfly from Wenzhou, Zhejiang also AOKANG International (603001) listed on the Shanghai Stock Exchange, the Red Dragonfly wants to succeed IPO, the problem of capacity is still around the topic.