The voucher to get rich and the golden gift
Normal deadline: February 4, 2019, 5: 00 p.m.
Extension deadline: 10: 00 a.m., February 8, 2019 (for all applications during the extension deadline, $50)
Full payment customer account: (online application) $0 (non-online application) $50
Announcement of application results date: February 14, 2019
Listing date: February 15, 2019
Basic data
Number of shares sold: 300000000 shares (including 50000000 sale shares)
Share sold in Hong Kong: 10%
Range of sales: HK $0.50 to HK $0.75
Estimated collection of funds: HK $150 million to HK $225 million
Total number of shares after development: 1 billion shares
Shares per share: 5000 shares
Income per hand: HK $3787.79
Main stocks of Shenwan Hongyuan Finance (Hong Kong) Co., Ltd. (listed only): Mr. Wang Shou (66.25%): Ms. Yun Ping (2.25%).
An overview of integration
The collection is a full-service restaurant in Hong Kong, providing restaurant services and banquet services, including wedding banquet services. As of January 21, 2019, Jiyi has experienced 20 Chinese-style full-service wines under the brands of "Huangfu" and "Huangyuan".
According to the Frost Sullivan report, the fair is the third largest full-service Chinese wine fair in Hong Kong banquet market in 2017, with a market share of about 5.0%. It is also one of the top 10 market participants in Hong Kong's full-service wine market, accounting for about 1.7% of the market share.
According to the Frost Sullivan report, the number of wines in Hong Kong increased from about 19000 in 2013 to about 28200 in 2017, while the number of Chinese restaurants increased from 10900 to 16200 during the period. The market for full-service restaurants in Hong Kong increased from HK $38.2 billion in 2013 to HK $44.6 billion in 2017, with a compound annual growth rate of 3.9%.
Negative factor
All the restaurants in the market are experienced in the rental business. If the market is unable to renew the lease of the wine on commercially acceptable terms, the market may need to close or move the relevant wine. However, the transfer of alcoholic beverages may incur extra costs, which may have a significant impact on business and business.