Today, Jinjiang Shoe Manufacturer, Fortune Bird Prepares To Offer Shares On The Market, With A Fund-Raising Of 1 Billion 340 Million.

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< p > Jinjiang shoe manufacturer, < a href= "http://sjfzxm.com/news/index_c.asp > > riches bird > /a > announces its main board listing plan, offering 133 million 340 thousand shares for the first time, of which 10% will be used as a href=" http://sjfzxm.com/news/index_c.asp "> Hongkong < /a > public offering, and 90% for international placement.

The excess allotment rights are up to 20 million new shares, equivalent to about 15% of the initial offering shares.

The maximum fund-raising is 1 billion 340 million yuan.

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< p > the company will begin today's "a href=" http://sjfzxm.com/news/index_c.asp "less than /a", which will end on Friday and will be listed on the HKEx next Friday.

The sponsor is CITIC Securities.

The price per share ranged from 7.17 to 10.04 yuan, 400 shares per hand, excluding the handling fee, and the admission fee was about 4016 yuan.

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< p > rich birds are mainly engaged in manufacturing and marketing of "a href=" http://sjfzxm.com/news/index_c.asp "men's shoes < /a > and women's shoes, as well as business casual men's wear and leather accessories sales.

Its "rich birds", "FGN" and "AnyWalk" are made for overseas brands by OEM or design OEM.

About 60% of the funds raised will be used to maintain and expand existing sales channels. About 25% will be used for overseas expansion, including the establishment of overseas sales channels and global procurement of raw materials.

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< p > the company plans to open 1600 new stores by the end of 2015, but no new production equipment plans have been added.

According to Lu Wen Li, chief executive of fortune bird, the "FGN" brand will have the most chance to come to Hong Kong in the future.

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< p > < strong > related links < /strong > < /p >

< p > December 10th, according to Hongkong daily news, in addition to Everbright Bank, today, there are three companies offering shares on the same day, namely, the mainland shoe and clothing brand enterprises, rich birds, the interior dragon light real estate, and the Chinese creative home for selling fireplace and home decoration products.

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< p > < strong > BELLE CABBEEN chairman flew in to subscribe the bird of wealth > /strong > /p >

< p > according to fund information, fortune bird launched a roadshow today, but the international placement portion has been fully subscribed. At the same time, rich birds have been favored by their peers. The chairman of BELLE and CABBEEN has entered the private subscription market.

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< p > the main products of the birds are "a href=" http://sjfzxm.com/news/index_c.asp "shoes > /a", and sell their own products through distributors and direct selling channels. As of the end of June this year, the company's own brands include "rich birds", "a href=" http://sjfzxm.com/news/index_c.asp "FGN" /a "and" Anywalk ", which accounted for over 80% of the total revenue, while the OEM business accounted for about 15.2%.

Prospectus data show that during the same period, the gross margin of the company's products ranged from 32.1% to 39%.

The company predicts that by the end of December this year, net profit will not be less than about 403 million yuan.

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< p > the entrance fee of each bird (400 shares) is 4056.48 yuan, which is listed on the 20 th of this month. The listed banks include CITIC Securities and Macquarie.

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< p > < a href= "http://sjfzxm.com/news/index_c.asp > > Dragon light real estate < /a > every hand (2000 shares) admission fee is 5050.4 yuan.

According to the news, < a href= "http://sjfzxm.com/news/index_c.asp > > Dragon light real estate < /a > International placement part has been fully subscribed, and the arrangement of listing is Macquarie.

The group is confident that this year's sales volume is expected to exceed 9 billion 740 million yuan last year, breaking through 10 billion yuan, and plans to use 20% core profits in 2013 as dividends.

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Ji Haipeng, chairman and chief executive officer, pointed out that the land reserve with a total construction area of about 11 million 190 thousand square meters is enough to cope with the development of five to six years in the future, and the average price of the earth reserve is only 1001 yuan per square meter in Sichuan.

The gross profit margin of the group was 39% last year, but it dropped to 29.5% in the first nine months of this year. Executive director Lai Zhuobin pointed out that the delivery rate was only 30% of the total in the first half of the year because of its low gross margin, and he was confident that sales in the second half of the year would drive the gross profit margin to last year's level.

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< p > < strong > China < a href= "http://sjfzxm.com/news/index_c.asp" > creative home < /a > admission fee 4747 yuan < /strong > /p >

< p > in addition, the "a href=" http://sjfzxm.com/news/index_c.asp "> Chow Tai Fook < /a > agent and" a href= "http://sjfzxm.com/news/index_c.asp" > Zhong Yu land "/a": Chairman Zhang Song Bridge shares the Chinese creative home as the base investor, and also inviting the stock market today, the entrance fee of each hand (2000 shares) is 4747.38 yuan, and 20 days are listed, and the sponsor is Guotai Junan.

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