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PEAK won 2 billion 500 million investment, opened the return A share plan, and built the sports
From: Dongguan Kate shoes material technology co., LTD., Post date: 2017-12-05


In February 10, 2017, PEAK Sports Development Forum and the return of A shares dinner held in Fujian Quanzhou. > the forum invited to the Doug capital chairman Xu Chenyang, Qianhai fund partner Kong Xiang, Everbright sports fund president and chief partner of the South fan, Huatai Financial Holdings (Hongkong) Limited General Manager Wang Lei, the Chinese wealth fund management (Shenzhen) Co., Ltd. president Zhang Zhuhong, Fuzhou Economic Development Zone cooperative equity investment firm senior partner Wei Hui Xu Jingnan, chairman of PEAK group, PEAK group general manager Xu Zhihua.

At the meeting, Xu Jingnan welcoming remarks, guests have speech, Xu Zhihua also made a keynote speech, the parties have expressed support and confidence for the return of A shares of PEAK this action, special mention is the private process, Century Chinese wealth fund management (Shenzhen) Co., Ltd. and Fuzhou Economic Development Zone co equity investment company, has greatly increased the confidence of investors and operators. This year, I believe that PEAK sports in the strategic background to build the whole sports industry ecosystem, can create a feat, development and innovation of power China sports industry.

"The delisting from Hongkong, is a lot of choice, but also have great determination. We abandon the platform behind get a lot of support from investors. We obtained 2 billion 500 million investment in the future we will stick together with them. We will promote the China sports industry, do what we do." PEAK the group general manager Xu Zhihua said at the meeting.

PEAK sports before landing in September 2009, Hong Kong stocks, experienced two IPO failed. But due to the long-term low valuation of Hong Kong stocks, coupled with PEAK's recent performance has declined, so choose from the Hong Kong stock market, promote the privatization process. PEAK announced the suspension announcement in May 23, 2016 July 26th issued a formal announcement of privatization, November 2nd, 4 p.m. formally revoked in HKEx's listing status.

According to PEAK's earnings report, the company's revenue in 2015 is 3 billion 107 million yuan, net profit is 392 million yuan, in the first half of 2016, its operating income is 1 billion 298 million yuan, net profit is 169 million yuan, and two indicators decreased 5.96% and 3.73%. compared to the same period last year.

The PEAK acknowledges the return to A shares in 2018, which the industry sees as an undervalued and underperformance action.

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