Personal care disposable maker Soft International passed the hearing for its initial public offering on the Hong Kong bourse.
The company is the second-largest exporter of babycare disposable hygienic products to Russia from China, according to a Sunday disclosure to the bourse.
The company will use the proceeds from its planned IPO to purchase machines for the manufacture of additional baby care and feminine care products as well as nonwoven fabrics.
Soft International also plans to use the proceeds to boost branding, marketing and promotion, upgrade its information technology infrastructure, and fund working capital.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。