Baby Shubao's parent company's IPO in Hong Kong: annual income of 650 million yuan, 57% of revenue comes from Russia
On May 10, Shubao International Group Co., Ltd. (hereinafter referred to as “Baby Shubao”) submitted a prospectus on the Hong Kong Stock Exchange. SUNNY FORTUNE is the sole sponsor. According to the prospectus, from 2021 to 2023, Baby Shubao achieved revenue of 263 million yuan, 408 million yuan, and 655 million yuan respectively; the annual profits due to company owners were 10.06 million yuan, 41.86 million yuan, and 58.9 million yuan, respectively. Baby Shubao stated in the prospectus that the group is mainly engaged in the development, production and sale of personal disposable hygiene products in China, focusing on baby care products in emerging markets in Eurasia
IPO News | Shu Bao International reports the second largest exporter of disposable baby care products exported to Russia on the main board of the Hong Kong Stock Exchange
According to the Hong Kong Stock Exchange disclosure on May 10, Shu Bao International Group Co., Ltd. (hereinafter: Shu Bao International) submitted a statement to the main board of the Hong Kong Stock Exchange, and SUNNYFORTUNE is its co-sponsor.
Ying Shubao, from Jinjiang, Quanzhou, Fujian, submitted an IPO prospectus to be listed in Hong Kong, exclusively supported by Nissin Capital
On May 10, 2024, Soft International Group Ltd. (“Shubao International” or “Baby Shubao” for short) from Jinjiang, Quanzhou, Fujian, submitted a prospectus on the Hong Kong Stock Exchange to be listed on the Hong Kong Main Board.
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