HKEX Discloses SHEIN Post-Hearing Information Pack; Founder Xu Yangtian Holds 33% Stake
HKEX on the evening of July 26 disclosed the post-hearing information pack for SHEIN International Holding Company, a Chinese company that does not sell in the domestic market. Actual controller Xu Yangtian holds a 33% stake and made his first public appearance ahead of the company's listing. The filing provides systematic information about the company. Xu, 42, was born in Zibo, Shandong. He studied international trade at Qingdao University of Technology and later co-founded Nanjing Dianwei Information Technology in 2008 with Wang Xiaohu and Li Peng; the company ceased operations in 2009.
HKEX disclosed the post-hearing information pack of SHEIN International Holding Company (SHEIN) on the evening of July 26. The company is a Chinese enterprise that does not sell in the domestic market. Its actual controller, Xu Yangtian, holds a 33% stake and made his first public appearance ahead of the company's listing. The disclosure provides the public with systematic information about the company.
Xu Yangtian, now 42, was born in Zibo, Shandong Province. In 2003, he was admitted to Qingdao University of Technology, majoring in international trade. After graduating in 2007, he joined Aodao Technology, where he worked in search-engine integrated marketing. In 2008, Xu co-founded Nanjing Dianwei Information Technology Co. , Ltd. with Wang Xiaohu and Li Peng. The company was mainly engaged in computer network engineering design, construction and technical services, as well as computer software and hardware development and sales, but ceased operations in 2009.
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