Footwear Enterprises in Jinjiang Will Make a Market Movement

Has launched a nationwide campaign Jinjiang shoe stand together again, but this time, not the herd phenomenon Please celebrity endorsements, nor get together in the CCTV5 advertising, but the group to seek the baptism of the capital market . Reporter yesterday learned from the province of footwear industry associations, the next 2-3 years, including ANTA, Xidelong, Peak, Del Hui, Jordan, 361 ? Kinglake, special steps, including movement of at least 7-8 Jinjiang shoe companies will compete to market.



Listing Process.Anta first half of this year November 2005, Erke nearly 7 times earnings in Singapore main board listed and raised about 200 million yuan, becoming the first overseas listing of Chinese professional sports brand. So far out of control.Yesterday, reporter learned from the province of footwear industry associations, at present, including ANTA, Xidelong, Peak, Del Hui, Jordan, 361 ? Kinglake, special steps, including the big brands have entered the listing process. Olympic concept will be the public eye shoe a trump card to attract investors.



"I have the past few days have been in communication with the listing of Olympic veterans affairs." Provincial Footwear Industry Association Deputy Secretary-General Chen Jian told reporters, including ANTA, including both individual enterprises has been brewing in 2012 for the public regarding the , while the procedures are now into the finishing stage.



Yesterday, on the market concerned, Anta Brand Management Centre Marketing Manager Zeng Jing do not want to stand. Interpretation of the industry is, according to plan, Anta will be completed in the first half of listing in Hong Kong now has entered the market quiet period, declined to disclose too much information is quite common. The Fujian Peak Group Co., Ltd. Zhi-Hua Xu, Deputy Managing Director, said, listing a good thing, to further enhance the competitiveness of enterprises and help enterprises to the capital from asset management business.

Listing options.Most tend to list in Hong Kong.Provincial Development and Reform Commission Warrant Office, told the reporter that he knew that some companies are entering the listing process, but not yet received the company's application materials. According to its introduction, it is likely to fall with footwear enterprises in Jinjiang mostly red-chip companies listed in Hong Kong the preferred.



The source further states, with the direct market, or H shares listed on the form comparison, the red chips will not only be no restrictions on the size threshold, and the stock can be tradable. Meanwhile, as offshore financial centers offshore companies registered in Hong Kong transfers almost no foreign exchange controls, the company's capital investment, and the use of very loose requirements. In contrast, the domestic listing of red chips increasingly stringent regulation, therefore, more likely in Hong Kong listed companies. According to the securities industry expected that such shares listed in Hong Kong generally price-earnings ratio of 15 times.



Government attitude.4 million subsidy Promote Business Listing.It is understood that early in March this year held in Jinjiang City in 2007 working conference, also reported Jinjiang to the existing six listed companies, based on pushing this year, including ANTA footwear, apparel Lang Lee, Industrial leather, plum blossom umbrellas, etc., from 3 to 5 business listed. And proposed to strive in 2008 to 10 listed companies in 2010 increased to 15, create the securities market "Jinjiang plate."According to industry briefing, Jinjiang City, the listing of enterprises to support the establishment of special funds, listed companies can get financial subsidies at least 400 million. This one, sports shoes and apparel business for the two enterprises are the key target.



Understanding the industry.



Not rule out the possible follow suit.But for the moment seems to rush around the market boom, the provincial Footwear Industry Association Deputy Secretary-General Chen Jian also expressed his concern, "many companies CEOs know nothing about the listing procedures and knowledge, but I heard so and so to be listed on Close that also listed. "This footwear enterprises in Jinjiang has always been the tradition of not unrelated to follow suit.Jinjiang enterprise collective attack on the capital market, Chen believes that the synergistic effect of the collective market, as fewer stocks sub-sector, more difficult to arouse the concern of analysts and market recognition. However, many companies the relative lack of brand awareness, the trend is difficult to determine.



Chen Jian said, Jinjiang, now emitting a considerable amount of public service companies, and some shoe boss complained to him, received more than 10 a day pass on the initiative of such agency, and the overall package for business phone listing . Chen said the association will in the near future in the listing qualifications, procedures, risk assessment, economic studies and other aspects of a comprehensive business counseling and training to carry out talks.



Chen also said that listing, in addition to financing, there is also help enterprises to expand overseas markets, in addition, the standardization of listing companies on the long-criticized family business is also a good thing.