Underwear Manufacturer Guang Hao International Intends To List &Nbsp, Less Than HK $100 Million.

On September 27th, Guang Hao International has passed the hearing of listing on the Hong Kong stock exchange, and plans to raise less than 100 million yuan.

The big market continued to fluctuate, and large scale prospectus activities were almost all "aborted", only "thin grain", and the new stocks with less capital raising were "out of date".

After the professional travel, there is another "fine grain" new shares, the functional fabric and underwear manufacturer Guang Hao International intends to offer short-term stock options.

According to market information, Guang Hao has passed the hearing of listing on the Hong Kong stock exchange, and plans to raise funds less than 100 million yuan.

According to its initial prospectus uploaded on the HKEx, the profits of Guang Hao in 2009 and 2010 rose by 3.2 times to 31 million 612 thousand yuan (the same below) and 69.1% to 53 million 471 thousand yuan respectively; in the first half of 2010, the profit was 9 million 493 thousand yuan, which was only 17.75% of the whole year's profits; while in the first half of 2011, it earned 4 million 117 thousand yuan and fell by 56.6% per year. Besides the increase in administrative fees and sales costs, it was mainly required to pay two yuan to the two shareholders after the reorganization, while the latter half of the year.

Guang Hao said that the company manufactures fabrics for Ttiumph, Wacoal, Ann Li Fang, man Ni fan, AI mu, cat, Sang Fulan and fan Kecheng products. It also manufactures underwear products such as Outdoor, Ito, Wacoal, Lee, Puma, DKNY, Carter s and Orsay in OEM (original production) mode.

In the first half of this year, the Japanese market accounted for 56% of the sales of Canton fabrics and underwear products. Therefore, investors or concerned about the impact of Japan's earthquake, Guang Hao said that the company did not receive any orders from Japanese customers, and there was no significant fluctuation in the number of orders made by Japanese customers. The capital expenditure of Guang Hao in the next two years was 1800 yuan and 65 million yuan respectively, mainly for the purchase of additional production facilities and construction of factories. The company plans to pay about 30% this year.