HONG KONG--(BUSINESS WIRE)--A well-known Hong Kong-based brand builder and retailer of health and personal care products, Ausupreme International Holdings Limited (“Ausupreme”, together with its subsidiaries, the “Group”; stock code: 2031), announced its successful listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.
The Company’s Share price closed at HK$0.58 per Share, which was approximately 5.45% higher than the Offer Price of HK$0.55 per Share. The highest Share price of the day was HK$0.59. On its first trading day, approximately 81.5 million Shares changed hands with total turnover amounted to approximately HK$45.7 million.
Ample Capital Limited and Upbest Securities Company Limited are the Sponsor and the Sole Lead Manager of the Hong Kong Public Offering respectively. Hong Kong International Securities Limited, Quam Securities Company Limited and Ping An Securities Limited are the Co-Managers.
Commenting on the trading debut, Mr. Choy Chi Fai, Chairman of Ausupreme, said, “The successful listing on the Hong Kong Stock Exchange marks an important milestone of Ausupreme. It is a proof of the Group’s solid fundamental. The response also shows investors’ confidence in our business development and future prospects. Our goals are to capture greater market share in health and personal care products retail market, further expand sales network, strengthen our brand and diversify product portfolio continually.”
About Ausupreme International Holdings Limited
Ausupreme is a well-known Hong Kong-based brand builder and retailer of health and personal care products focusing on developing, marketing, selling and distributing of the branded products managed by the Group through “澳至尊” sales and distribution network. Currently, the Group has developed distribution channels in Hong Kong, Macau, Singapore and China. The three major brands under the Group include “Organic Nature”, “Top Life” and “Superbee” which provide health supplement products, honey and pollen products and personal care products. The Group's main distribution networks include a total of 13 specialty stores and 74 sales counters in Hong Kong and Macau and are still expanding.