China Jin Hao Listed On Frankfurt Stock Exchange

Xiamen Clothing enterprise Jin Hao group has recently been listed on the primary market of Frankfurt stock market. Jin Hao listed a total of 1 million shares and raised 15 million euros. This is the second Chinese listed company in Frankfurt this year. So far, a total of 23 Chinese companies have chosen to list on the Frankfurt stock exchange.

"We are glad that so many investors trust us," Zhang Yu, chief executive of Jin Hao, said in a statement. Although Mr. Zhang Yu, the leader of Jinhao and many Chinese entrepreneurs, can neither speak English nor speak German, but this does not affect the listing of Jinhao group in Frankfurt.

He added, "as a fast growing company, it was successful on the Frankfurt stock exchange. IPO To provide opportunities for our diversified financing in the future ".

In 2009, the sales volume of Jin Hao reached 48 million 900 thousand euros, and its profit was more than 50%. Sales volume is expected to increase by two figures this year.

According to the stock price, the market value of the company is estimated to be 91 million 900 thousand euros. The company's shares will be traded on the Xetra electronic trading platform of the Deutsche bourse.

　　 Golden ho In an interview with Agence France-Presse, the spokesman said that the reason why the company chose to go public in Germany is because the Frankfurt exchange is very efficient, providing us with a fast access to capital market, especially for small and medium-sized enterprises like Jin Hao. Although it can also be listed in Hongkong or mainland China, it will take longer and higher cost. Moreover, the company believes that the German listing will also help enhance our brand's international reputation.

The Frankfurt stock market began to target Chinese enterprises four years ago. Christian von Dreising, executive director of Silvia Quant investment bank, said that the German stock exchange is now actively attracting Chinese companies to come to the market and launch their marketing efforts. On the contrary, the request for listing in China's securities market is already overcrowded, which makes it difficult for many companies to list on the local market.

Introduction to Kim Ho KINGHERO

Xiamen Jin Hao Clothing Co., Ltd. founded the "Jin Hao" men's wear brand since 1985. After twenty years of hard work, it has established a complete R & D design center, manufacturing center, human resources administration center and marketing center system.

With the new concept of franchise marketing, the company has established dozens of stores and stores in the country with new marketing techniques, high level shop management and modern logistics distribution system. It is expected that within the next three years, a huge network of gold and apparel operators will be established in the whole country, and a distribution center will be set up in various provinces to set up sales network and sales channels.

Its Kinghero menswear style is free, bold and bold, and has won the top ten brands of Chinese casual men's wear. Sales grew by 30%-40% per year.