Shoe Companies Are Pleased To Be Listed.

Sports shoes and clothing chain enterprises launched the IPO in June 27th. The company released details of its listing, and it plans to sell 500 million shares worldwide, of which 100 million are the old shares sold by shareholders. The public offering portion accounts for 10% of the total global offering, and the remaining ones are for international placement, and the other is the excess share option, which can offer an additional 75 million shares, representing 15% of the total number of shares sold. The issue range is HK $1.38 to HK $1.98 per share, and the highest IPO is HK $990 million. The date of public offering is between today and the 3 day of next month. It is expected to be listed on the main board 11 days next month. According to the prospectus, Xi Long lung forecast net profit of not less than 288 million yuan this year, up 1.14 times compared with the same period last year. According to the issue interval, the price earnings ratio of the issuer is about 8.6 to 12.4 times. Before XTEP, XTEP International (01368, HK), which was the same as sports brand dealer, was listed in June 3rd. Although it was priced at HK $4.05, the closing price yesterday also dropped by 36% compared with the issue price. But today, in June 30th, there was such a news on the Internet: "Xi Long lung" is being prosecuted by international brands. According to the news, at the scene of the China International Sporting Goods Fair held in Beijing shortly after the end of the event, Ace health international staff were surprised to find that there were many Adidas footscan plantar pressure system test pictures and Ace international personalized design products on the technology exhibition board. After that, Ace Kang International Staff landed on the website of the company, and also found a number of classic Adidas footscan test pictures. Ace international immediately went to the notary office of Beijing for notarization. As the brand of footscan belongs to Ace international and Adidas, so Mr. Jabi, President of Ace international, immediately communicated with the Ministry of justice of Adidas headquarters and collected the original data for forensics. Recently, the European headquarters of Ace International (RSscan) has held several urgent consultations with Adidas headquarters in Europe, and is preparing for further talks to discuss the prosecution of a Chinese sports shoe enterprise in Fujian. At present, foreign brands only find examples of pirate images, and no technical infringement complaints are made, because genuine functional technology is impossible to imitate. I do not know how such a bad news will affect the listing of the company. It seems that the listing of shoes enterprises is not so easy.