Beijing Stock Exchange News: The Listing Application Of China Textile Standard Beijing Stock Exchange Has Been Accepted

On April 1, the listing application materials of China Textile Standard (873122) Beijing stock exchange were accepted by Beijing stock exchange, and the sponsor was Shenwan Hongyuan.

In September 2021, China Textile Standard entered the guidance period, passed the guidance acceptance on March 29, 2022, submitted the application materials on the same day, and was accepted on March 31.

According to the data from tbe Research Institute, CFS is an independent third-party professional organization dedicated to providing technical services related to inspection and testing of light and textile products, covering textiles, clothing, footwear, leather products, bags and other fields.

According to the prospectus, the company has led and participated in the formulation and revision of more than 400 standards in the past decade. The company and its subsidiaries have been recognized by China Metrology Certification (CMA) and China National Accreditation Service for conformity assessment (CNAs). Up to now, more than 3500 items and parameters have been approved by CNAs and 3200 items and parameters have been recognized by CMA.

As of September 30, 2021, the company has obtained 23 trademarks, 100 patents, 23 software copyrights and 1 work copyright.

In terms of performance, the company disclosed that its 2021 annual review report showed that last year, the company achieved an operating revenue of 182 million yuan, a year-on-year increase of 12.16%, and a net profit of 34.46 million yuan, a year-on-year increase of 6.55%.

According to the prospectus, the company intends to issue no more than 9.25 million shares (including the number of shares, without considering the over allotment option); No more than 10.6375 million shares (including the number, fully exercise the over allotment option of this stock issue), and it is planned to raise about 74 million yuan for the construction of new testing technology research and development center, full business digital management platform, Zhejiang testing laboratory and Jinjiang sporting goods testing laboratory.