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XTEP International First Day Listing, Early Morning Closing Price Is Lower Than The Stock Price 12%

2008/6/3 0:00:00 10481

XTEP International

中国运动用品产销商--特步国际控股有限公司1368.HK>周二首日在香港主板挂牌,早盘收报3.57港元,较招股价4.05港元走低11.9%.大盘恒生指数.HSI>收跌2.19%. 特步国际开盘价为3.79港元,较招股价低6.4%,及後於早盘亦一直未能升至招股价,最高曾见3.83港元,最低则跌至3.4港元,低招股价16%. 特步国际主席兼行政总裁丁水波周二接受路透访问时表示,公司有意收购国际运动品牌,但未有透露时间表,只表示收购目标需要适合中国市场及特步的定位,并且是从事服装或鞋类业务. 特步国际於1999年成立时是一家原设备制造商(OEM)企业,为国际品牌制造运动鞋产品.其後公司於2002年推出以大众市场为目标的特步品牌,并於2007年推出档次较高的柯林品牌(Koling).此外,特步国际於2006取得於中国迪士尼运动品牌产品授权,并於去年推出有关系列. 特步国际的原设备制造业务的销售贡献近年逐步缩

The monthly profit has been recorded and is expected to account for 1%. of the company's total revenue this year. He also said that the price of the three brands increased by more than 10% this year. According to the prospectus, XTEP international recorded a profit of 222 million yuan in 2007. It is predicted that the profit after tax up to the end of this year is unlikely to be less than 520 million yuan in 2008. XTEP international has issued 550 million shares of Hongkong's initial public offering (IPO), 90% of which is part of the international distribution, and the remaining part is the public offering part for the retail subscriptions. The latter is two times the purchase price. The original price range of the stock is HK $4.05-5.5 per share, and the lowest price is set at the end. Morgan chase and UBS are listed sponsors. The proportion of management revenue to total revenue this year will drop to less than 2%.. According to the prospectus, the sales of original equipment manufacturers accounted for 7.8% of the company's total revenue last year, and XTEP brand accounted for 87.9%., Ding Shuibo said that the first five brands of the Colin brand were available this year.

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