news

xintiandi supermarket: another chinese retail giant to go public (i)

2024-09-11

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

in the nearly three decades since it entered china, metro has transformed from a "high-end" warehouse membership mall that only allowed b-end customers to enter, to a hypermarket, and then to exploring "small models" such as convenience stores. it is currently on the road to transformation from a warehouse membership mall.

after being acquired by wumart group, metro seemed to be on a new development track. under the name of metro supply chain, metro separated retail from supply chain and used the supply chain to launch its ipo.

on june 28, according to the hong kong stock exchange documents, metro supply chain co., ltd. (hereinafter referred to as metro supply chain) officially submitted its prospectus and prepared to be listed on the hong kong stock exchange. the joint sponsors are ubs group and china merchants securities international.

prior to the ipo, as of the last practicable date, dr. zhang wenzhong owned approximately 73.31% of the company's issued share capital through intermediate entities. rising vista holding, mighty solution, easy joy ventures, tencent, ultimate lenovo, national education, fuzhou economic and technological development zone xingrui hesheng equity investment partnership (limited partnership) and others all hold shares.