Document: Lin Qingxuan evaluates investors' interest in his Hong Kong IPO
The document shows that Shanghai Linqingxuan Cosmetics Group Limited is evaluating investors' interest in its initial public offering in Hong Kong. The investor roadshow started on Monday. It is reported that about 20% of the company's revenue is used for brand activities, about 20% for improving online and offline sales networks and establishing overseas sales channels, about 15% for strengthening production and supply chains, about 15% for enhancing research and development and expanding product portfolio, about 15% for incubating and acquiring new brands, about 5% for improving digital and information infrastructure, about 10% for working capital and general corporate purposes. In addition, Citic Securities and Huatai Securities are joint sponsors of the IPO.
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