China: Zhang Jiagang's Elelite Furniture Company A Shares Listed

The issue price is 12.9 yuan / share, and the issue price-earnings ratio is 22.98 times.

 

According to the announcement of the exchange, Elelite Home was listed on the main board of the Shanghai Stock Exchange today. The company's stock code: 603221, the issue price of 12.9 yuan / share, the issue price-earnings ratio of 22.98 times, the funds raised this time are mainly used for construction projects of PVC plastic floor production bases, PVC plastic floor production line automation construction project, R & D headquarters building construction project and supplementary working capital project.


Elelite Home's main business is the design, development, production, and sales of interior and exterior decorative materials (excluding chemicals), household products, design, development, production and sales of plastic flooring, floor tiles and related plastic products, self-employed and agency Import and export of various commodities and technologies. Its main customers include VERTEX.

 

About Elelite

 

Zhangjiagang Elelite Home Technology Co., Ltd. is one of the leading domestic manufacturers and exporters of PVC plastic flooring. Its main business is the R & D, production and sales of PVC plastic flooring. Specific products include suspended flooring, locking flooring and ordinary flooring. PVC plastic floor is a kind of polymer polyvinyl chloride and its copolymer resin as the main raw materials, adding fillers, plasticizers, stabilizers and other auxiliary materials, on a continuous sheet-like substrate, produced by rolling, extrusion and other processes. Into floor decoration materials. As a new floor decoration material, PVC plastic floor has the advantages of safety and environmental protection, wear resistance and corrosion resistance, convenient paving and maintenance, comfortable walking, and good decorative effect. It is widely used in home decoration, business office area decoration, hotels, stadiums, Renovation of shopping malls, hospitals, schools and other public areas.

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