Core Viewpoint - Hangzhou Fuen Co., Ltd. has been accepted for IPO on the Shenzhen Stock Exchange, aiming to raise 1.25 billion RMB, focusing on sustainable development as a global eco-friendly fabric supplier [1] Company Overview - Fuen Co. specializes in the research, production, and sales of eco-friendly fabrics, becoming a large enterprise that integrates fabric design, research, spinning, weaving, dyeing, finishing, and sales [1] - The company follows a differentiated development path, leading industry innovation with products that have distinctive advantages in green, technology, and fashion [1] Product and Market Position - The main products are eco-friendly fabrics, primarily recycled fabrics, making the company a leader in the domestic clothing recycled fabric market [1] - The ecological characteristics of the fabrics include the use of certified recycled polyester fibers and eco-friendly dyes, as well as a production process that minimizes waste [1][2] - Fuen Co. has been recognized as a "Recycled Fiber Fashion Fabric Development Base" by the China National Textile and Apparel Council [2] Clientele - Major brand clients include H&M, Uniqlo, GU, ZARA, and others, with significant direct clients in the textile industry [2] Financial Performance - Projected revenues for 2022, 2023, and 2024 are approximately 1.764 billion RMB, 1.517 billion RMB, and 1.813 billion RMB respectively, with net profits of about 277 million RMB, 229 million RMB, and 275 million RMB [2] - Total assets are expected to grow from approximately 1.339 billion RMB in 2022 to about 1.885 billion RMB in 2024, with equity attributable to shareholders increasing from 547 million RMB to 1.069 billion RMB over the same period [3] Fundraising and Investment Plans - The IPO proceeds will be allocated to projects including the development of recycled eco-friendly fabrics and a high-end eco-friendly materials research institute, with total investments of approximately 1.272 billion RMB [2]
福恩股份深交所主板IPO已受理 为全球知名快消服装品牌商的主要面料供应商
智通财经网·2025-06-24 23:34