Shoes brand "Saturday" shoe is about to land A shares

On August 18, Foshan Saturday Shoes Co., Ltd. (002291.SZ, hereinafter referred to as Saturday Shoes) issued Prospectus for Proposals, and proposed an initial public offering of 55 million shares, accounting for about 25.58% of the total issued share capital of the Company after its issue. . Raise funds will be mainly used for opening new stores and expansion of women's shoes production line, logistics and research and development projects. Prospectus shows that in the first half of 2009, total footwear business revenue of 426 million yuan, net profit attributable to equity holders of 53.51 million yuan, basic earnings per share of 0.33 yuan, before the issue of net assets per share of 2.39 yuan. The company plans to raise funds, after deducting the issue of fees, will be used for women's shoes sales chain, production lines, logistics and distribution systems and R & D center expansion and technological transformation projects. The total investment of the above four projects is estimated to be 580 million yuan. Prospectus said that if the funds raised over the total investment of the project, more than the part used to supplement the liquidity of the company; if this fund-raising can not meet the needs of investment projects, the inadequacies of the company itself to solve. The company plans to conduct a preliminary inquiry August 19 to 21, August 25 announced the issue price, China Merchants Securities as the lead underwriter. After the completion of the IPO, the company's total share capital will reach 215 million shares. The actual controller Zhang Zemin couple will hold 59.87% of the company's shares. Saturday shoe by Zhang Zemin couple founded in 2002 in the South China Sea, mainly engaged in footwear, apparel sales, leather products and their after-sales service. Currently, the company owns a number of women's shoe brands such as "ST & SAT" (Saturday), "SAFIYA" ("Sofia"), "FONDBERYL", "MOOFFY" and "RIZZO" and has 1,311 chain stores nationwide. According to a survey by CIIIC of the sales of women's leather shoes in 270 major department stores nationwide, the ST & SAT saturday 2008 ranked third in sales after Daphne (00210.HK) and Belle (01880.HK).