Good Children, Mother And Baby, New Listed Companies, Business Income 3 Billion

Two child policy liberalization

A fire has been added.

Good kids China Holdings Limited (hereinafter referred to as "good boy China") has recently landed at the Hong Kong stock exchange to issue 333 million new shares, with a price of HK $2.68-3.76 per share and a maximum of HK $1 billion 250 million, and more than half of the funds will be used to increase the purchase of self owned stores.

Public information shows that good children issue 333 million new shares in China, 90% for international placement, 10% for public sale in Hongkong, and $893 million -12.53 billion, which will be launched in February 12th.

30% of the raised funds will be used to expand the number of self operated stores to increase the sales network under the network; 25%, make use of acquisition business, assets and technology to supplement the existing revenue sources of the group and expand the national channel sales network; 22%, strengthen the supply chain management and upgrading of Science and technology facilities; 13% use the promotion cost, and the remaining 10% as working capital.

Song Zheng, China's chairman and executive director, also believes that listing can provide a good financing platform for the company to replenish capital and expand business.

By the end of October last year, good children's business revenue in China was 3 billion yuan, and the online channel contributed 2 billion 330 million yuan, while online revenue generated 670 million yuan. But the sales growth rate of Chinese children's physical stores slowed down year-on-year.

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However, Hu Yajun, vice president of good boy China, said that good boy China plans to open 400 self operated stores in the country this year, mainly in the second tier cities.

At the same time, good child China also manages the children's official mall website, Tmall and Dangdang network and other three party providers.

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Good child China was split from good boy international in 2010. Good children's international business mainly includes the design, manufacture and sale of children's durable goods.