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The prospectus was submitted in March and the filing was approved in August. The brand can sell 1.4 billion yuan a year. The overseas brand founded by a young couple in Zhejiang may ring the bell as early as next month...

The OEM business is 200 million, and the self-branded products can sell 1.4 billion a year

On August 9, the official website of the China Securities Regulatory Commission announced the results of the public announcement, which included a filing notice for the overseas issuance and listing of Carote Ltd. (Carote (Commercial) Co., Ltd.) (hereinafter referred to as the above-mentioned company "Carote").

According to the specific content of the notice, Carrot can issue approximately 155 million overseas-listed common shares and list them on the Hong Kong Stock Exchange.

According to the listing rules of the Hong Kong Stock Exchange, companies must submit a "Registration Notice" at least 4 business days before the hearing approval date. In other words, Carrot has obtained the pre-requisites for a Hong Kong listing hearing, and may soon conduct a listing hearing on the Hong Kong Stock Exchange.

On March 8 this year, Carrot submitted its prospectus to the Hong Kong Stock Exchange, with BNP Paribas Securities and CMB International as its joint sponsors.

Five months later, the filing was approved. Reuters' IFR quoted an informed source as saying:CAROTE plans to conduct an initial public offering (IPO) in Hong Kong as early as September, raising US$100 million to US$150 million。