A Platform For Zhejiang Shoe Enterprises To Break Out Of The Capital Market

April 28th, $23.65.

Yesterday,

Though broken,

According to the closing price, Wang Zhentao's equity stake in AOKANG international has changed to 5 billion 760 million yuan.

For Wenzhou, this is the first listed company that Wenzhou has been granted after the "comprehensive financial reform pilot area".

Not only that, the reporter also learned that another well-known shoe manufacturer in Wenzhou.

There are indications that the "private sector" Wenzhou private enterprises are brewing the "Wenzhou plate" in the capital market.

AOKANG listing

Wang Zhentao family values soaring

The listing of enterprises not only gives a quantified value to entrepreneurs, but also doubling their assets.

This time, AOKANG and Wang Zhentao once again told such stories.

The announcement shows that the number of shares issued by AOKANG international is 81 million shares, accounting for 20.20% of the total share capital issued after the issue, of which no more than 16 million 200 thousand shares are issued under the net, accounting for 20% of the total number of issued shares, and the total share capital after issuance is 400 million 980 thousand shares.

In April 18th, the issue price of IPO on AOKANG international was 25.5 yuan per share, corresponding to the P / E ratio of 25.25 times.

It is reported that AOKANG international raised funds will be invested in three projects, namely, marketing network construction projects, information system construction projects, R & D center technical pformation projects.

Statistics show that the total share capital of AOKANG international was 70 million shares.

AOKANG Group Limited (AOKANG group) has a shareholding ratio of 50%. Wang Zhentao and his brother Wang Jinquan share 30% and 10% respectively. Wang Zhentao's uncle Miu Yanshu holds 5%, while her husband Pan Changzhong holds 5%.

In the following 10 years, AOKANG shoes industry made 3 capital increase and 1 equity pfer.

After several changes in the registered capital, the proportion of AOKANG's investment is 50.93%, because Wang Zhentao, the second largest shareholder of AOKANG shoe industry, owns 90% of AOKANG's investment, and Wang Zhentao directly owns 14.93% of the AOKANG footwear industry. It has a direct and indirect share of the 60.77% share of the AOKANG footwear industry (243 million 670 thousand shares), and Wang Zhentao is the actual controller of the AOKANG footwear industry.

In addition to Wang Zhentao, AOKANG International's three natural shareholders, Wang Jin Quan, owns 19 million 950 thousand shares, Miu Yanshu shares 9 million 975 thousand shares, and Pan Changzhong shares 9 million 975 thousand shares.

With AOKANG's listing, they also have billions of assets in AOKANG international.

Capital market

Breakthrough platform for shoe enterprises

At present, there are nearly 8000 leather shoes enterprises in Zhejiang Province, mainly concentrated in Wenzhou, accounting for more than 3000 of the above scale, with an annual output of 3 billion pairs, accounting for nearly 30% of the total market share.

However, there was not a listed company before AOKANG.

The listing of AOKANG international not only means the first A company to focus on the research and development, production, distribution and retail business of leather shoes and leather products, and has opened up a breakthrough path for many shoe manufacturers in Zhejiang.

As we all know, the private economy in Wenzhou has its unique advantages as well as its growing pains, especially the problem of "low, small and scattered" economic structure, which restricts enterprises to become bigger and stronger and sustainable development.

Wang Zhentao once said, "now the competition is not" big fish eating small fish "," fast fish eating slow fish ", but" lions eat tiger ".

In the first two years, after another listing of the shoe giant BELLE group in Hongkong, its market value reached nearly 100 billion Hong Kong dollars, and stepped into the world's top ten shoe traders.

The market value of Anta, another shoe company, was HK $about 20000000000.

Seeing the violent growth of BELLE and Anta brought about by the capital market, Wang Zhentao felt the crisis coming.

Unlike other two shoe companies, Wang Zhentao chose the main board of the A share market.

Wang Zhentao said at AOKANG International's IPO celebration, "innovation is the driving force behind the development of enterprises.

In the future, AOKANG will promote product innovation with R & D and technology, vigorously develop digital research and development, continuously explore new growth points of enterprises, and enhance the core competitiveness of enterprises.

We should promote marketing innovation through channels and networks, make stronger monopolization, expand shopping malls, do e-commerce well, develop international markets, and continue to expand market share. "

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Golden change is good.

Wenzhou private enterprises brewing Wenzhou plate

Wenzhou's private economy is well-developed, private capital is abundant, private finance is active, but there are not many listed companies in Wenzhou.

Before the first half of 2006, there was only one listed company in Wenzhou.

In contrast, there were more than 40 listed companies in Hangzhou and 20 listed companies in Shaoxing.

Even if the situation has improved in recent years, before the listing of AOKANG, Wenzhou has only 10 listed companies, including Zhejiang East day, Huayi Electric, wedding bird, Huafeng spandex and so on.

Compared with more than 200 listed companies in Wenzhou, the listed companies in Wenzhou obviously can not match the economic status of Hong Kong.

It is the alienation of Wenzhou's private enterprises to the stock market that they have been derided as "cold shoulder".

With the approval of the "comprehensive financial reform pilot area" in Wenzhou, the "cold" of Wenzhou's private enterprises is quietly fading away.

Reporters learned that, in addition to AOKANG, another well-known local shoe enterprises red dragonfly is also actively planning the listing.

Yesterday, the Red Dragonfly responsible person did not want to say more about the reason why things were not yet clear.

However, reporters on the official website of the Zhejiang provincial environmental protection department saw that the Red Dragonfly entered the publicity stage of environmental protection verification in April 17th.

Reporters also learned from the Wenzhou finance office that 5 enterprises will be listed successfully this year.

According to the five year action plan of enterprises listed (from 2011 to 2015), by the end of 2015, the number of listed companies inside and outside Wenzhou should reach more than 30, with financing exceeding 20 billion yuan.

It has been revealed that hundreds of private enterprises in Wenzhou are queuing up to be listed for guidance.

With the gold reform and the enthusiasm of Wenzhou's private enterprises, the Wenzhou market in the capital market is ready to come out.

Because financial reform needs not only the matching of capital market, but also the reform itself is a great benefit to the listing of private enterprises in Wenzhou.

These days, in the A share market, Zhejiang's East Day is booming. It is because of the positive change of gold reform that in less than a month, the share price rose from 5.45 yuan to 17.41 yuan.

The listing price of AOKANG can be set to 25.5 yuan, which also has the merit of the gold reform.

Reporters found that AOKANG plans to issue 81 million shares in advance, and intends to raise 1 billion 22 million 360 thousand yuan to calculate its issuing price may be 12.62 yuan / share, and the final issue price doubled.

The reason is that AOKANG owns Yongjia Ruifeng microfinance Limited by Share Ltd.