Taiyuan's First Clothing Industry "100 Round Pants Industry" Listing

Today, the "hundred round trousers industry" of Taiyuan has officially landed on the SME Board of the Shenzhen Stock Exchange and has become the first one in Taiyuan's small and medium-sized board listing. privately operated Enterprises have also become the first among the energy based Shanxi plates. clothing Listed companies in the industry. Industry analysts are optimistic about its after market listing. trend 。

Zero breakthroughs in small and medium sized boards

The hundred round trousers industry listed on the Shenzhen Stock Exchange has become one of the few listed companies in Shanxi after the restart of IPO. It has achieved zero breakthroughs in the small and medium-sized board of Taiyuan private enterprises.

It is understood that in September 16th this year, the China Securities Regulatory Commission issued the 206th meeting of the Shanxi Securities Regulatory Commission to examine and approve the first issuance and listing application of Limited by Share Ltd in the chain operation of the 100 rounds of trousers industry in the world. The official approval of its A public offering was approved, and the hundred round trousers industry was awarded the "admission ticket" on the market. Since November 17th, the hundred round trousers industry has officially launched the prospectus, and the new shares have been successfully purchased online and offline in November 30th.

The 100 round pants industry has issued 16 million 670 thousand shares, accounting for 25% of the total share capital issued, and the issue price is 25.8 yuan / share, of which 13 million 370 thousand shares issued online have been listed since December 8th. The funds raised will be mainly used in marketing network construction projects and information system construction projects, and efforts will be made to open 220 direct outlets in 8 provincial capitals of Changsha, Nanjing, Taiyuan, Nanning, Zhengzhou, Hefei, Lanzhou and Guiyang.

According to the relevant people of Taiyuan city's listing office, the hundred round trousers industry is a key enterprise nurtured by Taiyuan. Since joining the reserve database of Taiyuan's Listed Companies in 2008, the company has completed the leap into the capital market in just two years after the support of Taiyuan's listing office. After the successful launch of the 100 round trousers industry, the number of A share listed companies in Shanxi will increase to 34.

Analysts are optimistic about 100 round pants industry.

Datong securities Qingnian Road business office analyst Duan Jie believes that 100 yuan pants industry stock issue price of 25.8 yuan / share, corresponding to the P / E ratio of 39.69 times, compared to a relatively moderate price earnings ratio, 0.708 of the success rate can be seen by investors on the stock price recognition.

"The company's main trousers industry, franchising and direct sales combined with the chain operation mode, which is currently the mainstream mode of operation, there is a certain growth." Duan Jie said.

The price of new issue is combined with the growth of the company, the development prospect of the industry, and the expected performance of the stock issuing year. "At present, the average price earnings ratio of the two tier brand apparel industry in 2010 is about 35 times, and the results of institutional enquiry are relatively ideal because the plates of the industry are smaller and the growth is better." Everbright Securities sponsor representative Ding Xiaoyun also told the media.

As for the stock price trend of 100 round pants industry after listing, Ding Xiaoyun said, "the hundred round pants industry has more than ten years of professional pants chain sales experience, plus a detailed and feasible future development plan, I believe that the company will be able to repay the vast majority of shareholders with better performance."

Duan Jie also said, "compared to the recent listed companies, bar Jie shares (main textile) listed on the Monday, the stock price on the first day of the listing performance is better, on Tuesday and Wednesday, the market crash, the more resistance, we can see that the current market environment for such new shares recognition degree, is expected to have a better performance tomorrow."