Poly-Mei Excellent products successfully landed in the NYSE

Absrtact: May 16 News, tonight, the domestic cosmetics electric business Platform Poly-Mei excellent products in the United States, the official listing of the opening, the opening price of 27.25 U.S. dollars, up to 23.86%, the market value of 3.87 billion U.S. dollars. In this IPO, the Equity award for Poly-Mei excellent products reaches 14.

May 16 News, tonight, the domestic cosmetics electric business Platform Poly-Mei excellent products in the United States, the official listing of the opening, the opening price of 27.25 U.S. dollars, higher than the IPO prices 23.86%, the market value of 3.87 billion U.S. dollars.

In this IPO, Poly-Mei excellent products provided by the equity incentive expenses reached 1.4 million U.S. dollars, in the company's shareholding, CEO Chen Au shareholding 40.7%, co-founder Daiusen shareholding 6.3%, investors peak huaxing Ke Yi shareholding 10.3%, Poly Mei Excellent products The entire executive and board team shareholding 57.5%.

In addition, Sequoia China, the peak of huaxing, Xiaoping, respectively, holding the United States 18.7%, 10.3% and 8.8% equity.

Poly-Mei Excellent products by Chen Au, Daiusen, etc. was founded in March 2010. Founded at the beginning, Poly-Mei excellent products received Xiaoping 180,000 U.S. dollars angel investment, the second year to accept the Sequoia Capital, the peak of huaxing, such as a number of VCs, such as the total of 12 million U.S. dollars investment, which Xiaoping chasing 200,000 U.S. dollars.

According to the opening price of 27.25 U.S. dollars accounting, Poly-Mei Excellent products market value of 3.87 billion U.S. dollars. By this reckoning, Sequoia China and the perilous peak of Huaxing's book return as high as 724 million U.S. dollars and 398 million U.S. dollars.