Chinese companies have set off a craze of going overseas
Posted: Mon Feb 17, 2025 8:41 am
In recent years, By going overseas, companies can seek greater development space and broader markets and obtain more lucrative profits.
For example, Alibaba and Pinduoduo's crossborder ecommerce businesses are booming overseas, BYD and Geely's overseas car sales are very popular, and mobile phones produced by Xiaomi and Transsion are also selling well overseas.
In the consumer goods segment, there are also Xinjiao, which does RV overseas business, and Lexin Outdoor, which exports fishing equipment products, etc. Many listed companies have emerged from these fields. Now, another company engaged in the export of artificial turf is seeking an IPO.
Glodon News learned that recently, Qingdao Qinghe Artificial kazakhstan phone number list Turf Co., Ltd. hereinafter referred to as "Qingdao Qinghe" updated its draft prospectus and plans to be listed on the Shanghai Main Board, with CITIC Securities as the sponsor.
Qingdao Qinghe mainly produces artificial turf products in Vietnam and then sells them to overseas customers in Europe, the United States and other regions. In , Qingdao Qinghe achieved a revenue of nearly billion.
Artificial turf is mainly composed of three parts: artificial grass, base fabric and rubber, and its appearance is similar to natural turf.
Artificial turf is widely used in sports venues such as football, basketball, tennis courts, as well as leisure places such as courtyards, swimming pools, hotels, and airports because of its advantages such as being unaffected by weather and seasons, long service life, simple maintenance, environmental friendliness, and low maintenance costs.
For example, Alibaba and Pinduoduo's crossborder ecommerce businesses are booming overseas, BYD and Geely's overseas car sales are very popular, and mobile phones produced by Xiaomi and Transsion are also selling well overseas.
In the consumer goods segment, there are also Xinjiao, which does RV overseas business, and Lexin Outdoor, which exports fishing equipment products, etc. Many listed companies have emerged from these fields. Now, another company engaged in the export of artificial turf is seeking an IPO.
Glodon News learned that recently, Qingdao Qinghe Artificial kazakhstan phone number list Turf Co., Ltd. hereinafter referred to as "Qingdao Qinghe" updated its draft prospectus and plans to be listed on the Shanghai Main Board, with CITIC Securities as the sponsor.
Qingdao Qinghe mainly produces artificial turf products in Vietnam and then sells them to overseas customers in Europe, the United States and other regions. In , Qingdao Qinghe achieved a revenue of nearly billion.
Artificial turf is mainly composed of three parts: artificial grass, base fabric and rubber, and its appearance is similar to natural turf.
Artificial turf is widely used in sports venues such as football, basketball, tennis courts, as well as leisure places such as courtyards, swimming pools, hotels, and airports because of its advantages such as being unaffected by weather and seasons, long service life, simple maintenance, environmental friendliness, and low maintenance costs.