Amway Shares Lead The Synthetic Leather Industry Standard

" shoes Polyurethane synthetic leather for interior use "and" Luggage and bags The two major industry standards for polyurethane synthetic leather for handbags began in April 1st. The IPO is just the "director of this standard." Past meeting "Anhui Amway synthetic leather Limited by Share Ltd.

The prospectus shows that Amway shares intends to issue 26 million 400 thousand shares, with a total share capital of 105 million 600 thousand shares after the issue, and the fund-raising fund will be applied to 3 projects, such as the expansion of eco functional polyurethane synthetic leather.

The development, production, sale and service of the middle and high grade polyurethane synthetic leather, which is located in the peach blossom Industrial Park of Hefei economic and Technological Development Zone, has the capacity of producing 35 million square meters of polyurethane synthetic leather. The company's products are widely used in the processing and manufacturing of downstream consumer products such as men's shoes, sports shoes, interior decoration, etc. the products include many famous brands, and a long-term and stable cooperative relationship has been established in Amway. In 2010, the company achieved operating income of 854 million yuan and realized a net profit of 76 million 623 thousand and 400 yuan.