Management board has a proven track record with penetrating other international markets, R&D activities, Manufacturing parts and present a very vertical strategy to become a railway and automotive parts manufacturer.
The financial reports from year-to-year do seem attractive because of a couple positive trends in revenue, Gross Profit, EBIT and even a downgrade of 10% in operational expenses subsequent to a moderate growth of 3%-4% annually.
Management shows strong capabiliteis and competency to work within China and multiple international countries.
competitive edge comes in from of providing a high quality product at a lower price.
lower-than-avergave 15% tax rate after picking up the "High-Tech Certificate".
It is definitely an interesting IPO.
Thoughts?
A.I.M.O D.Y.O.R
Karutz.
CTC
china track limited
IPO - China Track Limited, page-2
Currently unlisted. Proposed listing date: TBA
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