La Natsu Bell Has Introduced Two Basic Investors In Hong Kong'S IPO

A few days ago, Shanghai La Natsu Bell Garments Co., Ltd. (abbreviation: La Natsu Bell) publicly offered shares on the Hongkong stock exchange. The stock price was between 13.98 and HK $18.2, and it was expected to offer 121 million 600 thousand new shares for the first time.

According to the median of HK $16.09, the net capital contribution is estimated at HK $1 billion 855 million.

Prospectus data show that about 83% of the proceeds will be used.

The retail network of the company includes more than 1000 retail outlets in 31 provinces, autonomous regions and municipalities directly under the central government in the next 3 years; about 6% will upgrade the management information system in the next two years; about 1% will be used for the construction of the Management School of the company in Shanghai in the next 12 months; the remaining 10% will be general working capital.

Chairman La Natsu Bell

By the end of June this year, the company has 5671 retail outlets in China, but it is still not saturated. So the future will continue to focus on the development of the mainland, without the intention to enter Hongkong or overseas markets.

In terms of price, he said that because of the increasing competitiveness of the company, the selling price has been continuously lowered in recent years. This will also be the case in the coming years, so that more people can afford to buy their products.

As report goes,

We have introduced SendaInternational Capital Lim ited and Zhou Dafu agent company based investors, respectively, to subscribe for us $30 million and US $20 million respectively, with a period of 6 months.

In addition, the company intends to assign no less than 20% of the company's profit in the financial year as dividends.

The shares will be listed on the 29 day of the month, and will be listed on the main board of the stock exchange on the 9 th next month.

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In September 26, 2014, China's brand clothing network reporter recently learned from relevant media reports that Wu Qingyong, chairman of Fujian Suo Li shoes industry company (hereinafter referred to as: Cable shoes), admitted in an interview that Lu Yida's deputy secretary general Lu Yida said that there was a problem in the chain of cable shoes.

But yesterday, Wu Qingyong said in an interview, "he is deaf in one ear, coupled with the recent events that have left him in a terrible state." when he was asked to confirm the matter, he did not hear it clearly and admitted it.

Wu Qingyong stressed: "although there is pressure on the capital chain of cable, there is no big problem. The existing capital is enough for the normal operation of the company.

In addition, the company is actively striving for private financing and bank loans, but it will take some time.

Next week, I will hold a news conference in Xiamen to announce the preliminary findings of the "lost contact" incident and the recent business situation.

Wu Qingyong disclosed that he was actively recovering the enterprise's production and sort out the next development plan of the enterprise.

These will be further explained to the outside world at the press conference next week.