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Sporting Goods Producer Xi De Long Intends To Offer Shares During The Year
According to foreign reports, the Chinese sporting goods producer and dealer, Xi long, plans to invest HK $300 million this year, or up to 2 billion 340 million yuan.
The company has appointed Goldman Sachs as a sponsor of the listing, but it has not been confirmed, sources said.
Founded in 2001, the production base is located in Fujian province. By the end of 07, its net asset value was 315 million yuan, and there were 2519 sales outlets in 26 provinces and cities nationwide.
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