Macalline, the hottest star, accelerates the integ

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Red Star Macalline Hong Kong listed home furnishing market integration accelerated

Red Star Macalline Hong Kong listed home furnishing market integration accelerated

June 29, 2015

[China paint information] Red Star Macalline, which has been waiting for eight years of unsuccessful IPO, was finally listed. Home building materials chain red star Macalline was listed on the Hong Kong Stock Exchange on June 26, becoming the first stock listed on the Hong Kong Stock Exchange in the domestic furniture and building materials circulation industry. In the view of industry analysts, the integration process of domestic home building materials industry will be accelerated

with the long way to queue up for the listing of new shares in China, many mainland companies have moved to the Hong Kong stock exchange, including red star Macalline. Compared with the queuing road of listing on the mainland for several years, the listing process of C punch and die diameter in Hong Kong is relatively simple, time-consuming and low-cost, and has become the "red man" in the eyes of many enterprises seeking to list

"the listing of Red Star Macalline in Hong Kong will inject strong capital strength into the company's future development and open up broader development space. The company will take this opportunity to develop a second brand in big cities, develop Internet Finance in the home decoration industry, spare no effort to promote o2o platform and continue to lead the development of the industry." Che Jianxin, chairman of Red Star Macalline, has high hopes for the listed waste foam granulator of Red Star Macalline and the foam granulator of Enterprises above the production range

some industry analysts said that red star Macalline was also involved in the development of commercial Ford Motor Company to use micromillrabs in batches, which made the asset deposition more heavy. This listing is conducive to reducing the company's asset liability ratio. Red Star Macalline's operating income in 2013 was 6.65 billion yuan, an increase of 19.8%, and the asset liability ratio was 66.96%. Red Star Macalline also said in its previous A-share prospectus that it would allocate part of the funds to repay the loan. In fact, red star Macalline is not the only screw home furnishing company that loves to be listed. It is understood that enterprises such as fanzhijia and Xingyue furniture have expressed their intention to go public

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