Xingye Leather Has A Good Market Prospect For A Shares.

It is reported that at present, the registered capital of Xingye technology is 180 million yuan, the public offering of 60 million shares, the total share capital after the issue is 240 million yuan, of which 48 million shares issued on the Internet pricing are listed on the date of listing. Xingye technology issue price is 12 yuan / share, corresponding to the P / E ratio of 23.53 times.

Societe Generale technology said that the funds raised through the listing will be mainly used for two projects: "Xingye technology year 1 million 500 thousand high-grade leather finishing finishing new technology processing project" and "rizen leather processing 1 million 200 thousand raw cattle skin and 300 thousand blue wet skin items". After the two projects are put into operation, Xingye technology will reach 4 billion yuan, with net profit of nearly 400 million yuan.

It is reported that in recent 20 years, Xingye technology has focused on the development, production and sales of high-grade and high-grade cattle shoe upper leather, and the products are mainly used in leather shoes manufacturing. The main products include Napa series, natural throw series and special effect leather series.

According to the statistics of the productivity promotion center of the national leather and footwear industry, Xingye technology ranks first in the market share of cattle head shoe upper leather for five consecutive years. The company's current customers are mainly the first-line brands of the domestic leather shoes industry, such as AOKANG, Kangnai, BELLE, rich birds, Teenmix, Daphne, Jin Mai Wang, Mu Lin Sen, camel, red dragonfly, spider king and so on.