Hangzhou Minsheng Healthcare Co., Ltd. (SHE: 301507) is poised to raise RMB890 million through an initial public offering (IPO) on the Shenzhen Growth Enterprise Market (GEM). The company plans to issue 89 million shares at a price of RMB10 per share, with the ticker symbol set as 301507.
Road Show and Company Overview
The road show for the IPO took place on August 21, showcasing the company’s strategy and potential to investors. Hangzhou Minsheng Healthcare’s primary revenue driver is its Vitamins With Minerals Tablets(21), which accounts for a substantial 80% of the company’s total revenues. This product line has been instrumental in the company’s growth and financial performance.-Fineline Info & Tech