Swiss watches according to wave road officially listed in Hong Kong today

June 29, according to wave road announced its Hong Kong main board listing plan. It plans to sell 66 million shares worldwide, depending on whether the over-allotment option is exercised, of which 90% will be placed in international positions and the remaining 10% will be made public in Hong Kong. Offer price range of HK $ 2.54 to HK $ 3.46 per share. The net proceeds from the Global Offering are expected to be between HK $ 137.2 million and HK $ 196.1 million. Ebola Holdings Limited (Ebola) was listed on the Main Board of the Hong Kong Stock Exchange in July 2014 and Ebola's entire IPO process will be completed today and a formal listing is completed with stock code 01856.HK, each lot traded The quantity is 1000 shares.

As a long history and a small number of independent watch makers, according to the road has been set up factories in Switzerland, creating high-quality and stylish watches, coupled with the "romantic couple of dance" brand image, a Swiss couple watch brand Of the world leader in favor of the world, so far the world has more than 1,000 sales outlets, impressive performance.

According to the Prospectus prospectus, Ebola posted a CAGR of 11.1%, a 16% CAGR in FY2011 and FY13, and a profit of HK $ 93 million in FY13. The unaudited financial information for the three months ended March 31, 2014 shows that the revenue from BP Road is approximately HK $ 157 million, an increase of 13% as compared with the same period in 2013. According to the report of Frost & Sullivan, according to the total retail sales value and total retail sales, Ebola has been one of the top five brand names in the Chinese watch market for three consecutive years from 2011 to 2013 and ranked the second in China's luxury couple market .

As of December 31, 2013, Ebola has over 960 POS outlets covering 15 countries and regions in the world. Benefiting from the rapid growth of the watch market in China, China has become the largest market for Ebola, and Ebola currently has 815 sales outlets in China in 30 provinces and cities. In the next 3 years, according to the plan to add 300 new points of sales to the Chinese market, and strive to develop second and third tier cities.

According to Mr. Su Da, chairman of the board of directors of Bo Luoping, the plan to be listed on the main board of the Hong Kong Stock Exchange by Poirou signifies that the Group has taken an important milestone. This not only helps to strengthen the capital base, but also further strengthens the group's corporate image and brand reputation in the market and strengthens the confidence and recognition of consumers, retailers and distributors.

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