Annual revenue of 3.971 billion! Home furnishings are selling well and will be listed on the European A-share market soon

Riding on the favorable trend of the cross-border e-commerce industry, the process of sellers' capitalization is accelerating, and a number of big sellers in the industry have either already gone public or are on the way to going public. Recently, China's cross-border home furnishing giant Zhiou Home Furnishing has completed IPO counseling and is about to be listed on the Growth Enterprise Market.

Zhiou Home Furnishing has completed IPO guidance

In September 2020, the Henan Securities Regulatory Bureau issued an information disclosure that Zhiou Home Furnishing Technology Co., Ltd. plans to issue shares for the first time and list on the Growth Enterprise Market, which will be guided by GF Securities and registered for guidance with the Henan Securities Regulatory Bureau on September 29, 2020.

According to the latest report on May 26, GF Securities released a summary report on its guidance work, which showed that the guidance for Zhiou Home Furnishing's GEM IPO has been completed. According to common sense, after the IPO guidance of a company is completed, the next step is to submit the application documents for listing to the China Securities Regulatory Commission and wait in line for listing, which means that Zhiou Home Furnishing is about to go public!

As the largest B2B and B2C cross -border e-commerce export company in Henan Province, Zhiou Home Furnishing mainly deals in furniture, home furnishings, pets, garden and other categories. It owns three independent brands: SONGMICS, VASAGLE and FEANDREA. Its products are mainly sold through Amazon, Cdiscount, ManoMano, eBay and its own website. Europe, North America, Japan and other countries are its core markets.

In 2020, Zhiou Home Furnishing's revenue reached 3.971 billion

As a home furnishing seller, Zhiou's revenue is gratifying. Its revenue in the past three years is: 1.595 billion yuan in 2018; 2.326 billion yuan in 2019; 3.971 billion yuan in 2020. From the above, Zhiou's revenue is undoubtedly envied by a large number of cross-border sellers, which means that it makes a fortune without saying anything. The global epidemic in 2020 has driven online consumption, prompting a surge in demand for home furnishing products in Europe and the United States, which is also an important reason for Zhiou's performance in 2020 to usher in a blowout growth.

Zhiou Home Furnishing focuses on household items for daily life. It has a huge number of SKUs, which has currently reached over 1,000. Its three independent brands are responsible for different categories, which has brought Zhiou excellent performance and contributed to its IPO sprint.

SONGMICS focuses on daily household products, such as storage and home decorative lighting products used in daily life; VASAGLE focuses on furniture series, such as home furniture and office furniture, and the style is mainly European and American; FEANDREA focuses on pet series, such as cat climbing frames, cat and dog beds, pet mats, feeding bowl racks and other pet home products used by household pets.

In the recruitment information officially released by Zhiou, we can get a glimpse of its success story: in 2018, Zhiou Home Furnishing was awarded the title of "Amazon Seller Experience Officer"; in 2019, its own brands SONGMICS and VASAGLE were listed in the "Amazon Global Store Top 100 Chinese Export Cross-border Brands"; and then successively obtained strategic investments from institutions such as IDG Capital, Anker Innovations, and Jiayu Fund. Zhiou is undoubtedly a dark horse in China's cross-border e-commerce.

Why is Zhiou Technology so successful? From global layout and strengthening quality management to developing ERP system and self-built warehousing and logistics. Foresighted people meet their youth early, and Zhiou is undoubtedly the best proof.

Home

Big Sell

To Europe