Xilinmen Furniture is listed on the initial public offering of 52.5 million shares

Today, in addition to Minhua Holdings, Dynasty Furniture, etc., the furniture industry has another listed company. At 9:45 on July 17, 2012, Xilinmen Furniture Co., Ltd. from Zhejiang was listed on the Shanghai and Shenzhen Stock Exchanges. The stock code is “603008”. The total share capital of Xilinmen Furniture was 210 million shares, and the issue price was 12.5 yuan/share. The corresponding price-to-earnings ratio was 29.87 times, of which 52.5 million shares were listed on the Shanghai Stock Exchange. In response to the listing of Xilinmen, Essence Securities expects the company's listing position range from 9.90 yuan to 12.10 yuan. In the past few years, “listing” has become a topic that many furniture companies must talk about in recent years, but there are many companies that are “preparing”, but it’s really rare to make a real move. . The listed Xilinmen Furniture, as one of the leading companies in the domestic mattress industry, focuses on design, research and development, production and sales of high-quality furniture with mattress as the core, and is expected to become the first mattress in the A-share market. . Its subsidiaries include “Xi Lin Men”, “Fa Shiman” and “SLEEMON”. The main business includes two categories of civil furniture business and hotel furniture business. The civil furniture business mainly sells high-end bedroom furniture mainly based on mattresses and soft beds. The hotel furniture business mainly provides to star-rated hotels or large-scale public construction projects. Wood furniture for interior furniture and decoration. The company has a number of technical patents, among which, "spring pad heat treatment method" and "a cool type of soft and hard Simmons mattress" won the national invention patent. The company is the first “National Torch Program Key High-Tech Enterprise” in the mattress industry. It has the only “provincial high-tech enterprise research and development center” in the industry and participated in drafting and revising a number of national and industry standards. Xilinmen Furniture related information As early as March 2, the China Securities Regulatory Commission issued a review and approval of the first application of Xilinmen Furniture Co., Ltd., will soon be eligible to land on the main board market, become a member of the Shanghai stock market, its every move is subject to The extensive attention of the furniture industry. Although many of these financial people have been questioning their ultra-low compound growth rate, Xilinmen also made an online purchase on July 6 and officially listed on the 17th.
Despite the success of the listing, Xilinmen Furniture still needs to face different doubts. Some insiders in the furniture industry are not optimistic about the listing of Xilinmen. They believe that their market share in China is not high and their competitiveness is not strong. The International Business Daily also said that in recent years, the profitability of Xilinmen furniture is on the rise. Down. However, as one of the few furniture listed companies, Xilinmen Furniture will enhance the value of the entire brand, which will help promote the development of the entire industry and set an example for the furniture companies that are preparing to go public. Disclaimer: This article is an exclusive original manuscript or an exclusive disclosure of information, copyright, if you need to reprint or otherwise copy, please contact

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