Metersbonwe Listings In A Month

Shanghai Metersbonwe apparel Limited by Share Ltd IPO (initial public offering) application was approved.

According to the prospectus, Metersbonwe intends to raise funds 1 billion 800 million yuan.

Metersbonwe's listing sponsor is from UBS Securities.

According to the prospectus (Declaration), Metersbonwe registered capital of 600 million yuan, the proposed 70 million shares of A shares, respectively, for marketing network construction and information system improvement two projects.

Before the issue, Hua Fu investment company was the controlling shareholder of Metersbonwe, holding 90% shares, and the natural person Hu Jia Jia shares 10%.

The legal representative of Huafu investment company is Zhou Chengjian and Hu Jiajia is the daughter of the same construction.

Metersbonwe originated in Wenzhou.

There are more than 2000 franchised stores. The first store opened in Wenzhou in April 1995.

Metersbonwe has taken the lead in adopting the "virtual management" mode in the domestic garment industry, taking the road of brand chain operation.

At the end of 2005, the headquarters of the company moved from Wenzhou to Shanghai.

In 2006, it was named "Tesco" limited as a whole and changed to Limited by Share Ltd.

According to normal circumstances, it is expected that the issuing committee can be listed within one month after examination.