CBD home Sprint IPO software home market will present a new pattern
on June 8, 2021, the official website of China Securities Regulatory Commission posted a pre-disclosure prospectus far beyond wisdom, which was planned to be listed on the main board of Shenzhen, and the sponsor was Everbright Securities. Far beyond wisdom, the brand facing the market is "CBD home".
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it is reported that the number of new shares issued by far more than wisdom does not exceed 40.01 million shares, accounting for not less than 10.00 percent of the total share capital of the company after the issuance. The raised funds are mainly used for the intelligent production transformation and upgrading project of CBD home furnishing Huizhou production base and the CBD home furnishing Wisdom Center project, among which the Wisdom Center project includes the marketing network and logistics center construction project, smart Home R & D center construction project and CBD home flagship store and display center construction project.
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the prospectus shows that the company's main business is the research and development, design, production and sales of soft furniture, wooden furniture and supporting products. During the reporting period, the company's operating income in 2018, 2019 and 2020 were 1,170.4818 million yuan, 1,221.0528 million yuan and 1,050.616 million yuan respectively, and the net profit was 190.6201 million yuan, 103.7272 million yuan and 128.3389 million yuan respectively. The explanation of the performance in 2020 in the prospectus is: "The growth trend of operating income is relatively stable, and the operating income in 2020 has slightly decreased due to the outbreak of covid-19."
jiang Chen, a senior investor, told the Beijing Business Daily Reporter, "for the capital market, under normal circumstances, it is better to go all the way up top-line and bottom-line, because the valuation looks at the future, which is far more intelligent than the decline in revenue in 2020, it is also understandable that it is affected by the epidemic. The key to the future depends on its performance this year."
analysts believe that if CBD home is successfully IPO, the software home market will present a new pattern. It will DE RUCCI with another software giant that is planning to go public, as well as KUKa, Minhua Holdings, SLEEMON together with dream Lily, it will form the head camp of the top six to compete for hegemony. AIRLAND, skexin, suibao, aiyiris and other waist enterprises will form the second echelon. The brand concentration of the whole software industry is getting higher and higher, the strong are getting stronger and stronger, and some small and medium-sized enterprises will lose the opportunity of rapid development and even be eliminated.
(Article Source: Tencent Asia Pacific, invasion and deletion)
