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Chow Tai Fook Jewellery Group (HK) Valuation. 24XX forward P/E, according to IPO prospectus, as consolidated profit for the. Dispatch of share certificates and White Form e-IPO Refund Offering” in this prospectus contains details, including conditions, of the Global Offering. (2) Chow Tai Fook Enterprises Limited, a company incorporated. CHOW TAI FOOK JEWELLERY GROUP LIMITED. (Incorporated in the Cayman . Enterprises Group, as disclosed in the Prospectus and the.

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This perception shift has stimulated jewellery retailers to focus not only on quality, but also on the design and production of fashionoriented jewellery ornaments. Tal, the PRC has not developed a fully integrated legal system, and recently-enacted laws and regulations may not sufficiently address all relevant aspects of economic activities in the PRC, or may even conflict with other new laws and regulations.

Some of our landlords have not registered the lease agreements for properties leased to us, which may adversely affect our right to use such properties. Our wide range of jewellery products encompasses different raw materials as well as a range of product designs from classic to contemporary and spans the mass luxury market to high-end luxury market.

These statements are based on many assumptions regarding our present and future business strategy and the environment in which we will operate in the future. Our processing and production plants are concentrated in the Pearl River Delta. However, due to the vast geographic coverage of the PRC and the costs associated with extensive store roll-outs, the franchising model has gained prominence with jewellery retailers as a cost-effective and efficient form of expansion, especially in the lower tier cities.

In all cases, investors should give consideration as to how much weight or importance they should place on all such facts and statistics. There can be no assurance that the Controlling Shareholders will always take actions that will benefit our other Shareholders. We believe our brand has come to symbolise the authenticity and premium quality of our products.

Investor FAQ

Some of these factors are not entirely within our control. While we have wellestablished business relationships with reputable watch suppliers, including affiliates of LVMH Group, Richemont Group, Rolex group and Swatch Group, these international suppliers of watches among others may reduce or cease their cooperation with us, or they may opt for dealerships or retail arrangements in their own respective names and thereby compete against us.


Hong Kong and Macau: We face strong competition from national and local competitors in jewellery, while we face competition from retailers of all scales with respect to watches. Hong Kong, Macau and other Asian markets 1. We have an effective vertically integrated business model that gives us centralised and tight control over our processes, from raw material procurement, design, production and marketing to sales through our extensive retail network.

Each person acquiring the Hong Kong Offer Shares under the Hong Kong Public Offering will be required to, or be deemed by his acquisition of Offer Shares to, confirm that he is aware of the restrictions on offers of the Offer Shares described in this prospectus.

Offer Price per Share Board lot Offering structure: In the event that we encounter difficulties in securing suitable sites for POS in the localities we plan to expand into, our business and growth prospects will be adversely prospfctus.

Due to possibly flawed or ineffective collection methods or discrepancies between published information and market practice and other problems, the statistics herein may be inaccurate or may not be comparable from period to period or to statistics produced for other economies and should not be unduly relied upon.

Lam Kin-Fung, Jeffrey Mr. For jewellery retailers, self-operated stores remain as an important ownership format due to their appeal in allowing greater operational control and closeness to end customers as compared to implementing a franchising model.

As the Peospectus Insurance Law is a newly enacted law, substantial ipl remains as to its implementation and interpretation by governmental authorities in the PRC and its potential impact upon our business, financial condition and results of operations.

Chow Tai Fook – Prospectus_图文_百度文库

Power outages, theft, robbery, fire, flood, natural disasters or other factors affecting these concentrated prispectus facilities would lead to disruptions in the supply of raw materials to our processing and production facilities and supplies of finished products to our POS network. Net cash used in from investing activities. We may not be successful in utilising hedging instruments to manage the fluctuations in gold price.


With the rising education tsi, increasing sophistication and rising affluence of PRC consumers at large, the demand for authentic, high quality and genuine jewellery products with strong design elements is expected pio experience further growth. Similar to the PRC, the tzi of the mass luxury segment is expected to outpace the rest of the industry, with an aggregate CAGR of Despite the rising demand for precious stones and metals, notably within the jewellery markets of the PRC, Hong Kong and Macau, the respective global supply remained at a relatively stable level historically.

No representation is made that there has been no change or development reasonably likely to involve a change in our affairs since the date of this prospectus or imply that the information contained in this prospectus is correct as of any date subsequent to the date of this prospectus.

We cannot assure you rai we will be able to lease or acquire suitable locations on terms commercially acceptable to us, as we have been able to do so in the past. In order to maintain our current margins, we may be required either to increase our pricing foo, to locate our manufacturing elsewhere. We manage commodity price risks mainly by hedging gold price fluctuations through gold loan arrangements and bullion forward contracts, and passing on price increases to our customers through higher selling prices.

Application lists open 3. Cheng Ping-Hei, Hamilton Mr. Local retailers, in particular, tend to have lower cost bases. The jewellery business is highly competitive. Moreover, the PRC has experienced natural disasters prospeftus earthquakes, floods, landslides and droughts in the past few years. In 1HFY, retail revenue contributed approximately