Company introduction
The main contractor is responsible for the contracting of construction projects. According to the 2014 output value, Gen Yi Pusuo is the largest construction company in Jiaying City, Zhejiang Province, China, accounting for 10.4% of the market share. At present, there are special-level funds of general contracting enterprises for housing construction projects ("special-level funds") and first-class funds of engineering design and construction banks ("engineering design funds"). As of June 30, 2015, Jiji is the only construction company in Zhejiang Province that has the above funds at the same time.
For the years ended December 31, 2012, 2013 and 2014 and the six months ended June 30, 2015, the income of the bazaar was 3269.80 million yuan, 4072.11 million yuan, 4289.37 million yuan and 2139.78 yuan respectively. In the same period, the profits paid to the parent company were 4.637 million yuan, 6042 million yuan, 8245 million yuan and 4.567 million yuan respectively.
The defined use of the proceeds
Assuming that the over-allotment rights have not been exercised, based on the median sales calculation of HK $1.35 per share, it is estimated that the income from the sale of shares will be HK $167.8. The Board will apply the proceeds to the following purposes: