Famous Brand Menswear, Male, Intends To Issue 50 Million Shares Publicly.

2010/9/14 11:45:00 55

Sino

Men's wear Limited by Share Ltd intends to publicly issue 50 million shares of A shares, accounting for 25% of the total share capital issued, and the proceeds will be used.

Channel construction

And design and development to serve the company's development strategy for making internationally famous menswear.

He has the largest domestic scale.

Men's formal dress

The production base has obvious competitive advantages in terms of production scale, product quality, brand image and marketing channel, and is in the leading position in the same industry. The advantage of the company in the northern market is especially obvious.

As of June 30, 2010, the company had 587 marketing terminals, including 18 Direct stores and 569 franchised stores, covering 20 provinces and cities throughout the country, mainly distributed in provinces such as Shandong, Hebei, Henan, Shanxi, Shaanxi, Northeast China and Jiangsu provinces. Shandong, Hebei and Henan provinces are the most densely populated areas of marketing network terminals.

The company has maintained steady and sustained growth in the past few years, and achieved a profit of 396 million yuan in the first half of 2010, achieving a net profit of 47 million 739 thousand and 300 yuan, up 32.31% and 39.35% respectively.

The funds raised will be used in two projects, namely, marketing network and information construction and design and research center.

After the completion of the project, the total number of shops reached 633, of which the number of Direct stores increased to 64.