PRC manufacturer Joyou debuts in Frankfurt

Joyou, a bathroom and kitchen accessories manufacturer based in Fujian has raised €105 million (US$141 million) through its initial public offering on…

By clpstaff | clp articles |

Joyou, a bathroom and kitchen accessories manufacturer based in Fujian has raised €105 million (US$141 million) through its initial public offering on the Frankfurt Stock Exchange.

Joyou's largest independent shareholder is Hong Kong-based China Renaissance Capital Investment (CRCI), and the IPO required a complex restructuring of Joyou's shareholder structure.

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