A Number Of Garment Enterprises IPO Hit Hard, Suspended Review Into A "Fixed Action"

< p > in the CSRC's "list of the basic information of enterprises' suspension and review of initial public offerings issued by the Ministry of supervision", Zhejiang silver textile, piglet, Weis man, border town sports, del Hui, Xuchang Hengyuan hair products, Tai Huaxin materials, AB group, and Eagle Xiang Chemical Fiber nine companies have terminated the examination, and the IPO process has stopped abruptly.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_cj.as > > Finance > /a > censorship is censorship as "fixed action" < /strong > /p >

< p > according to the disclosure of the securities and Futures Commission, at present, only 1 Jordan sports enterprises have been in the textile and footwear industry. However, due to the fact that the trademark lawsuit against American basketball star Jordan has not yet been done, Jordan sports has not yet been able to welcome the day of listing for two years.

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There are 5 textile and clothing enterprises in 25 submitting applications for listing, namely Zhejiang new Australia textile (main knitting yarn, wool strip processing and dyeing), Jiangsu Dan Mao textile (main wool dyed, recombing, weaving and dyeing and finishing), Jiangsu Shenli Industrial (main outdoor leisure wear fabric), Zhejiang Taiwan China New material (Main nylon fabric), and Hua Mao (Xiamen) new material technology (main industrial textiles, including automobile airbag cloth, clip net cloth, sailboat cloth, bulletproof cloth, etc.), Zhejiang and Jiang Yinyu textile (main adhesive lining material, base cloth).

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< p > > a href= "http://sjfzxm.com/news/index_cj.as" > women's wear > /a > 4 enterprises. They are Nanjing Vigna S fashion, Xiamen, Xiamen, Shenzhen, Zhuhai, and costumes. There are 1 Golf and casual wear enterprises, including the clothing of sportswear (including some women's clothing business); 2 sporting goods enterprises, respectively, Jordan sports and del Hui; 3 men and women leather shoes enterprises, Zhejiang Red Dragonfly shoe industry, Hasen trade (China), Guangzhou Tian Chong fashion shoe industry (Jie Wenmao), outdoor products enterprises 1, Nanjing border town sports goods, 1 traditional underwear enterprises, Jiangsu AB group.

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* P > 1 home textile enterprises, 2 for home textiles in Hunan, 2 for women and children, 2 for women, children and children, Guangdong for pigs, 1 for knitting, 2 for chemical enterprises, 1 for textile machinery and textile, and 1 for export products.

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< < p > and the 15 textile and footwear enterprises that have suspended the review, according to the issuance supervision question and answer about the suspension examination of initial public offerings issued by the SFC, all of which are due to the fact that the application documents are not complete and the audit procedure can not continue (see table).

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< p > in fact, the main factor leading to the incomplete application documents is the temporary suspension of the review of the financial data over the validity period. The SFC said that the queuing audits should be resumed according to the procedures after the issuer has made supplementary financial information, which can be said that these enterprises will not pose a big problem.

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< p > < a > href= > http://sjfzxm.com/news/index_cj.as > > /a > the fundamental phenomenon lies in the current "A barrier" issued by A shares.

According to the arrangement of the SFC, from June to the end of the year, it is expected that 100 companies will be issued, that is, no more than 15 companies will be listed on a monthly basis. Most companies need to continue to line up for the next year or the following year.

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Less than P and years of waiting, the IPO company has to face the problem of overdue data and frequent financial data.

Therefore, the suspension of the review is likely to become a "fixed action" for the textile shoe and clothing enterprises queuing up.

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< p > < strong > referee "stop" to terminate the examination "embarrassment" < /strong > < /p >.

< p > for textile enterprises suspended due to the expiration of financial data, the hope of its listing is still there, and the A stock market has already been impossible to achieve.

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< p > data show that Zhejiang silver textile, piglet, Wyman, border town sports, delhui, Xuchang Hengyuan hair products, Taihua new materials, AB group and Eagle Xiang Chemical fiber nine companies have terminated the examination, most of them are garment manufacturing and upstream textile fabrics enterprises.

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This is the second time that P, the women's clothing company, has been sprinting IPO. For the first time before the acceptance of the Vetting Committee, the SFC announced that there were still other related matters to be further implemented and decided to cancel the audit.

From the perspective of public information, it has been exposed that the quality of products is not up to standard and a large number of franchisees have been launched.

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"P *" is unique. In the enterprises that have stopped censorship, children's clothing brand pig pig has also been exposed to quality problems many times before.

In May 2011, the results of the Xi'an Municipal Quality Supervision Bureau showed that there were nearly 20% of the local children's clothing quality problems.

In the two quarter of the same year, in the sampling inspection of the Wuhan Bureau of industry and commerce, the children's round neck short sleeved knitted sweater was also found to be unqualified.

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< p > in addition, as sports shoes and clothing enterprise del Hui, and Jordan, sports almost simultaneously start IPO, but the fate is very different.

With the increasing pressure of the macro-economy, the financing gap of the textile and footwear enterprises is getting bigger and bigger. Capital has become a stumbling block for the development of these enterprises.

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P has been terminated and has to find other financing channels.

For enterprises, when A share financing channels are blocked, most of them will choose Hong Kong stocks to go public.

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