The share price is depressed merely because the company is a new listed one and IN CHINA. It is not all Chinese companies are Disallowed sellers.
Sunbridge Group locates in JinJiang City ("Chinese brands", "Jacket capital of the world"), Fujian Province. There are few brands/companies as follows:
K-Boxing (Brand value A$3b, over 3,000 stores)
Seven Brand (Private, Brand value A$1.8b, JinJiang City, over 3,000 stores),
Septwolves (market cap A$1.2b, business in JinJiang City).
Currently, the market/investors don't believe the business is real, values the company at PE of 3.
Just unbelievable. It will sort out.
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