361 degrees will be listed in Hong Kong Ding family will exceed 4 billion Hong Kong dollars

After the IPO, Fujian Sports Brand 361 International Co., Ltd. will be trading in Hong Kong on June 30. Yesterday, 316 executives at the Brand Propaganda Department confirmed this to reporters. Only the public offering of 3.61 Hong Kong dollars pricing, after the listing, including Ding Wu, Ding family, including Ding family may be more than 4 billion Hong Kong dollars. Hong Kong Regal participate in the issue of subscription The reporter learned from 316 headquarters in Jinjiang that in March 31, June 6-June 23, a public offering was made in Hong Kong. The day before yesterday, the IPO price of Hong Kong IPO was 3.61 Hong Kong dollars per share. 361 IPO total of 500 million new shares, of which 45 million shares (90%) of the International Placing, 50 million shares (10%) of the public offering, and another 15% over-allotment option. The original offer price set at 3.15-4.35 Hong Kong dollars, the scale of fund-raising 15.75-2 .75 billion Hong Kong dollars, the issue price is determined, the actual fund-raising of about 1.81 billion Hong Kong dollars. It is learned that in the IPO stage, 361 Hong Kong dollars at least received funds to subscribe for more than 40,000 orders received for retail investors issued part of the 41 times subscribed for institutional investors issued part of the received 10 times Subscription. China broke the metal renewable resources in Hong Kong listed a week ago set a record this year to subscribe to the largest number. There was no introduction of strategic investors in 361 but the active participation of Hong Kong's well-known billionaires and large funds has been brought to the stage of the offering. Hong Kong media said they include Lee Shau Kee, chairman of Hong Kong Henderson Land and Cheng Yu Tong, chairman of New World Development. March sixteen to start children's clothing next year The 361th official website said 366th products include sports shoes, apparel and related sports accessories, and has sponsored a series of events such as the China Table Tennis Super League, the National Diving Championships and the Olympic Trials and the China University Basketball Super League. Prospectus shows that as of June 30, 2008, 361 existing sales network stores 5900, the company gross profit of 3.48 billion yuan, an increase of 3.51 times over the same period in 2007. Gross profit margin was 26.42%, representing a gross profit margin of 20.64% over the same period of 2007, an increase of 5.78 percentage points. Of the IPO proceeds raised by the company, 38.9% will be used for promotion and sponsorship activities, 32.2% for the development of factories in Fujian and 9% for the development of unique children's clothing brands . June 17, held a prospectus in Hong Kong, Xia Youqun, vice president, said the company plans in June 2010 to increase sales network stores to more than 6900, the future will open 25 flagship store, children's wear brand in 2010 1 Month officially started. Ding family or super-4 billion Hong Kong dollars worth more than 361 in the market, the wealth of the Jinjiang family business most concerned about. This reporter learned that in the 366 ownership structure, including Ding Wu, Ding family, including a total of 1.095 billion Ding family, accounting for 54.75% of the shares of the company before the listing. Calculated solely on the issue price, the market price of this portion of shares will be nearly HK $ 4 billion after the stock market is listed on March 16. A brokerage analyst in Xiamen pointed out that the stock market pick up this year, price-earnings ratio rose, breaking the 366 is unlikely, Ding family should be more than the figure.