Love Completes The Seventh Phase Of Counselling. Is IPO Close?

The famous domestic underwear brand underwear IPO has made the latest progress.

Recently, the Beijing Bureau of the securities and Futures Commission announced that the Limited by Share Ltd's initial public offering and its counselling on the main board had completed its seventh phase.

This period has lasted for 2 months since July 10, 2018. During the period of counseling, mentors were trained in the training of the counselors, focusing on further understanding the validity of the internal control and the authenticity of the financial data.

Information shows that

Since its application and acceptance in July 10, 2017, a total of 6 counselling sessions have been conducted, covering all aspects of the IPO preparatory stage.

Founded in 1993, AI shares was founded in women's underwear business and gradually extended to many sub sectors, such as men, children and sports. Its main brands are mainly Shime love, Imi, s and so on.

According to data from the China Industrial and Commercial Research Institute, the underwear brands ranked ten in 2016, ranking second in love underwear.

A more detailed data, or some obsolete data, is the only authoritative data that can be obtained. That is the prospectus information of A's sole lingerie company, citrus group, which ranked second in three consecutive years in 2011, 2012 and 2013, with a market share of around 8%.

Sina finance has asked about the IPO news Limited by Share Ltd, the responsible person said that at present, it focuses on 25 years of love, brand new definition starts again, still focuses on design and products, and IPO news does not make any public response.

If AI shares can be successfully listed, it will become the fourth listed underwear enterprises. Now the listed underwear enterprises already have shares of A shares and shares of Hong Kong stock.

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Holding three companies, but they have encountered varying degrees of trouble.

The latest quarterly report released by Sinai shares in 2018 showed that its revenue in the third quarter was 533 million yuan, an increase of 5.98% over the same period in 2017. However, the net profit fell by a cliff, while the net profit in the third quarter of 2018 was 2 billion 458 million yuan, a decrease of 99.5% compared to the same period last year.

Affected by the decline in the third quarter, in 2018 1-9, the net profit of Hui Jie shares was 180 million yuan, down 20.73% compared to the same period last year.

Hui Jie shares were known as A shares underwear first stock, officially landed on 2015.

It owns many brands of underwear, such as Lan Zhuoli, Enweis, and so on. Among them, the top two brands ranked higher in the market visibility and market share.

But at present, there are many problems in Hui Jie shares. Factory liquidation and chairman's investigation by the SFC have cast a shadow over the company's development prospects.

Another leading enterprise of underwear

Because Lin Chiling's endorsement and stock market are more familiar with the market, its performance in 2017 can still be cleared because of the large number of stores cut off, and the annual report shows that 362 stores have been closed in 2017, which means that every day is closing a shop. It can not help but make people crave for their crazy expansion. In the first half of 2018, the performance began to show a two digit growth momentum, with operating income and net profit of 2 billion 339 million yuan and 175 million yuan respectively. Compared with the same period last year, the growth rate of 12.5% and 20.9% respectively was a little consolation to the urban beauty who had been trapped in the shop. Because of the impact of domestic and international economic situation, the company clearly stated in the semi annual report that the situation in the second half of the year is not optimistic.

Whole

Entering a period of uncertainty, love planning IPO will inevitably be affected by the overall atmosphere of the industry.