Hongfa Group (Australia) limited(short for Hongfa Group)and AIMS Capital held IPO road show presentation in the hall of Toronto in MARCO POLO Shenzhen successfully.
Hongfa Group (Australia) limited (APX code :8HF)will be listed on APX on January .2016, which is the fifth
Chinese enterprise to be listed on APX this year .
According to the prospectus, Hongfa Property Management established in January 2002 belongs to Tianjin Hongfa Investment Group .It is the comprehensive property management company covering property management service ,management consulting ,business consulting and advertisement as well as planning .Jinhong Liu is the co-founder of Tianjin Hongfa Investment Group with her spouse Zhongfa Zhou .The Group is located in Binhai New Area ,Tianjin with the total assets of nearly 10 billion RMB and over ten subsidiary companies such as Hongfa Real Estate and Hongfa Mansion etc. The Group adopts various development strategy and business scope includes international trade ,real estate investment ,hotels ,shoppingmalls and property management etc .
HongFa Group (Australia) Limited will issue 7.5 Million shares at least and 9.19 millions at most in this public offering, with a price of $USD 0.55 per share. We will raise a maximum capital of 5.05 million Australian Dollars (RMB 2,347,000). This capital-raising commence on November 2nd, 2015, and terminate on December 31st, 2015. (If the subscription reaches to the minimum level, the corporation has the right to terminate the financing.)
On November 21st, 2015, following the IPO Road Show in Melbourne and Sydney, HongFa Group (Australia) Limited held its first China-section presentation conference for its listing on APX in The Ritz-Carlton, Beijing.
Fu Xiao, the Executive President of AIMS in Greater China Region released that at 14 p.m. Of November 29th, the company will hold its last presentation meeting for listing in Linyi Llu Shang Pullman hotel in Shandong.
According to the CFO of HongFa Group Hongwei, Zhao, the listing of HongFa Group on APX is to expand their brand effect, but at the same time, they take integrating Chinese finance and capital market with that of the western countries as their main purpose as well. Wu Hang, The CEO of HongFa Group (Australia) Limited said on the conference: “Our company developed our own service software HongFa APP and it is already come into use now. This APP covers many services areas ranging from mobile payment, repair service application online, to complaint, etc., which lays a solid foundation for the building of a brand new operating model.