Marg Home Furnishing was approved or will be listed on the New Third Board

Mondo Finance Updated on 2024-02-23

Beijing Business Daily (Reporter Zhao Shudian Wang Siqi) Following the listing of Sipuning Technology through the "green channel", Marge Home also obtained the listing letter through the "green channel".

On February 23, 2024, a reporter from Beijing Business Daily learned from the National Equities Exchange and Quotations Company that Chongqing Equity Transfer Center's "specialized, special and new" board cultivation enterprise Marg Home Furnishing Co., Ltd. (hereinafter referred to as "Marg Home") has received the "Letter of Consent to Listing" from the National Equities Exchange and Quotations Company. According to the "Letter of Consent to Listing", the number of shareholders did not exceed 200 when Marg Home applied for public transfer and listing, and was exempted from registration by the China Securities Regulatory Commission according to the regulations, and Marg Home was included in the supervision of unlisted public companies after listing.

So far, Marge Home has become the second enterprise in Chongqing to apply the "Chongqing Stock Connect" green channel mechanism to pass the review, and is expected to be listed on the national stock transfer system in the near future (** Chongqing Stock Connect" green channel is for the regional equity market listed "specialized, special and new" small and medium-sized enterprises, specialized and special new "little giant" enterprises, manufacturing single champion enterprises, or "specialized, special and new" special board cultivation layer enterprises and other four types of enterprises to open the audit "fast lane", to provide pre-declaration consultation, priority acceptance, rapid review and other special support measures, It can greatly reduce the time for enterprises to go public.

It is understood that Marg Home is a modern enterprise specializing in the research and development, design, production, sales and service of customized home furnishing products for the whole house, which was established in 2007 and the actual controller is Tang Bin. According to its prospectus, as of June 30, 2023, Marg Home has 824 dealers and 937 distribution stores nationwide. Marg Home's operating income from January to June in 2021, 2022 and 2023 is 102.6 billion yuan, 94.5 billion yuan, 43.3 billion yuan, net profit was 10.8 billion yuan, 08.8 billion yuan, 02.7 billion yuan, the current chairman Tang Bin directly holds 5116% stake.

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