Heji International Group Plans To Conduct Initial IPO As Early As The End Of Next Year.

It is reported that Trendy International Group plans to conduct its IPO as early as the end of next year.

According to people familiar with the matter, hekie international, which is headquartered in Guangzhou, has selected a mainland investment bank to plan a stock offering and expects to get an estimated value of about 5 billion US dollars (about 33 billion 391 million yuan).

Hkei international was founded in 1999 and is headquartered in Guangzhou.

Including Ochirly, Five Plus, Trendiano, Love Ysabel, etc.

There are more than 3000 brands.

In 2012, Hechi international and Italy

Group Sixty Group has reached a cooperation agreement to establish a joint venture to accelerate the pace of development of Miss Sixty, Energie and Killah brands in the Chinese market.

In the same year, L Capital Asia, LVMH's investment company, acquired about 10% of Hechi International Group's purchase price of nearly $200 million, pushing the company's valuation to 2 billion dollars.

If herkey is successfully listed, the L Capital Asia's ROI will reach 1.5 times.

In January 2013, Heji International announced its cooperation with Italy retailer 10 Corso Como and opened its first store in Shanghai.

Last year, Heji international also joined the British fashion chain SuperGroup public limited to jointly promote the Chinese market of its brand Superdry.

Just a few days ago, Superdry Shanghai Raffles store was officially opened, which is the third new store since June this year.

According to the data, in the past three years, 25 garment companies in mainland China and Hongkong have been listed successfully, raising a total of 2 billion 200 million dollars.

These include the Modern Avenue Group and Canudilo group, which own the Modern of the senior commercial travel menswear brand.

After the landing of the Shenzhen stock exchange in February 2012, its stock price rose by 118%. La Natsu Bell's share price fell by 44% in October 2014 when it was listed on the Hongkong stock exchange.

Heji International Group has not yet come to confirm, but another close to Heji group's insider denied the news to the interface reporter, saying it was just a rumor.