日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Markets

Zhejiang sex toy maker to debut on new board

By SHI JING (China Daily) Updated: 2015-10-13 07:36

Zhejiang sex toy maker to debut on new board

A night scene from a Beijing street. Leisure and entertainment industries have thrived with economic liberalization. [Photo/China Daily]

The National Equities Exchange and Quotations, an over-the-counter style bourse also known as the New Third Board, is set to make history with the listing of the first sex industry-related stock.

According to information released by the board, Zhejiang Lover Health Science and Technology Co Ltd, a sex toy manufacturer, submitted an application on Friday to issue 79 million shares priced at 1 yuan ($0.15) apiece.

Disclosed information shows that sex toys are the company's mainstay business and accounted for 87.82 percent of its sales revenue during the first five months of this year. Closer scrutiny of the available information reveals that the company has enjoyed exceptionally high profit margins. Its gross profit rate, which was 43.94 percent in 2013, surged to 51.27 percent a year later. In the first five months of this year, the gross profit rate was about 46.41 percent.

Despite the high gross profit rate, the company has been making losses since 2013. Its losses reached a high of 73.21 million yuan in 2013. Though the company stemmed some of the losses in 2014, it was still in debt by 29.72 million. It had lost another 11.36 million yuan by this May.

According to the China Reproductive Health Industry Association, the market value of the country's reproductive health industry was about 48.7 billion yuan in 2007. Consumers' expenditure on this sector has been growing by 15 to 30 percent annually in recent years, and has already overtaken the average 13 percent in developed countries, it said without revealing the exact numbers.

"Competition is quite intense in the nation's reproductive health industry. Most of the products are sold online. The delivery of the products is highly reliant on logistics companies. Consumers who shop online are also more price-sensitive. As the industry is quite special and in its preliminary stage in China, Lover Health is facing problems like specific laws and regulations for publicity, industry supervision, market expansion, and customer education," the company said in its regulatory filing.

The NTB is extremely popular with companies from niche industries, and is host to China's first listed housekeeping service company, the first listed fermented beancurd manufacturer and the first theatre company.

The board has also become an extremely volatile market after the suspension of initial public offerings on the A-share market. Official data show that about 2,013 new companies were listed on the board during the first three quarters of the year. By the end of September, there were 3,585 listed companies on the board, with the total market value amounting to 1.5 trillion yuan.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩在线亚洲 | 亚洲第一页在线播放 | 天天天天做夜夜夜夜做 | 国产精品美女久久久久久免费 | 亚洲好视频 | 999精品国产人妻无码系列久久 | 亚洲经典在线中文字幕 | 久久久久久91香蕉国产 | 成人性爱视频在线观看 | 色视频免费版高清在线观看 | 国产五月色婷婷六月丁香视频 | 精品国产91久久久久 | 亚洲一区二区三区久久久 | 特黄特色大片免费高清视频 | 国产欧美日韩一区 | 极品xxxx欧美一区二区 | 欧美精品二区三区 | jizzzxxxxhd | 日本精a在线观看 | 性XXXX18精品A片一区二区 | 国内精品免费一区二区观看 | 久久国产精品偷 | 久久精品国产一区二区 | 久久婷婷综合中文字幕 | 免费看日韩片 | 欧美日韩亚洲高清不卡一区二区三区 | 成人在线免费观看 | 国产精品久久久久久久久久免费 | 91尤物国产尤物福利 | 成人免费视频网站在线观看 | 五月天激情综合网 | 高清午夜线观看免费 | 亚洲视频免费在线 | 国产在线第一页 | 丁香六月综合 | 欧美一级视 | 亚洲天堂一区二区三区四区 | 亚洲欧美精品伊人久久 | 五月网站 | 欧美二区三区 | 日日拍夜夜嗷嗷叫视频 |