SHANGHAI, April 15, 2025-

On Mar. 27, Soft International Group (stock code: 02569.HK) was officially listed on the main board of Hong Kong Exchanges and Clearing Limited (HKEX). Soft International Group is the parent company of Insoftb (China) Co.

Total amount of the raised funds is approximately HK$127.5 million ($16.4 million). Net proceeds are approximately HK$86 million. According to the company, 55.2% of the raised funds will be used for adding new machines and expanding nonwoven capacity, and 17.1% of the raised funds for brand marketing.

Nonwovens Markets subscribers - click here to read the full article.

Not a subscriber?

Try Nonwovens Markets free!