IPO Is Approved By The SFC. It Seems That The Real Economy Is Not "Sick Cat".

Andre Lee is a regional retailer based in Chaohu. It has three main formats: department stores, supermarkets and home appliances.

Compared with many industry peers, Andre is characterized by 80% of its own goods.

The self-supporting mode of this department store has built up a tight barrier for Andre to enable it to cope with the impact of the electricity supplier and fierce competition.

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The SFC has approved the IPO application of 13 enterprises in accordance with statutory procedures.

Among them, Anhui Andry department store Limited by Share Ltd is the only retail enterprise in 13 enterprises.

It can be said that Andrew's listing process is only the last thing to do.

"Andre department store will issue direct pricing, negotiate with the Underwriters and the stock exchange to confirm the issuance schedule, and publish the Prospectus Documents in succession."

The SFC announcement shows.

Andre Lee is a regional retailer based in Chaohu. It has three main formats: department stores, supermarkets and home appliances.

Compared with many industry peers, Andre is characterized by 80% of its own goods.

The self-supporting mode of this department store has built a tight barrier for Andry to enable it to cope with the impact of electricity suppliers and fierce market competition.

Focusing on the county market is another feature of Andre department store.

It shows that Andrea is based on the Wanjiang River Basin in central Anhui, facing the county, township and the vast majority.

With all kinds of needs, Lujiang County, town and township supermarkets are the center of the county shopping mall, and are actively distributed to the Yangtze River Basin in Anhui Province, including Chaohu, Hanshan and ho county.

The prospectus showed that Andrew's sales in 2015 were close to 1 billion 500 million yuan.

As a regional retail enterprise, Andre Lee has landed on the A share market with such sales volume and volume. Undoubtedly, it has played a strong role in the current low spirits retail industry.

Andrea told his colleagues in a real case: if we look for the right direction and deep tillage, we can find light and warmth in the cold winter.

As of now, Andre owns a total of 43 retail outlets, including shopping centers and supermarkets, which are mainly distributed in Lujiang, Chaohu, Ho County, Wuwei, Hanshan county and other townships and towns under their jurisdiction. The total business area is 122346.43 square meters.