Recently, Anhui Laoxiang chicken catering Co., Ltd. disclosed the application draft of the prospectus. The company plans to be listed on the main board of Shanghai Stock Exchange and plans to raise 1.2 billion yuan for East China headquarters project, new catering store construction project and data information upgrading construction project.
Laoxiang chicken is a national chain enterprise specializing in providing Chinese fast food. By the end of 2021, the company had 991 Direct stores and 82 franchise stores. From 2019 to 2021, the revenue of rural chicken was 2.859 billion yuan, 3.454 billion yuan and 4.393 billion yuan, and the net profit was 159 million yuan, 105 million yuan and 135 million yuan.
