On 13 July 2017, My Heart Bodibra Group Limited (hereinafter referred to as “Bodibra”, stock code: 8297.hk) had its shares successfully listed on the Hong Kong Stock Exchange Growth Enterprise Market.
Founded in 2003 as the parent company of the lingerie brand BodiBra, the company has established production facilities and sales outlets in Hong Kong. The group currently has 11 retail stores, nine of which are located in Hong Kong and two in the mainland, and plans to open three more stores in Hong Kong and Macao from this date to September 30 of this year.
According to the stern report Sullivan, calculated by annual retail turnover of December 31, 2016, functional underwear market accounts for 7.3% of the whole female underwear market in Hong Kong. Bodibra is the second largest functional underwear supplier in Hong Kong, taking over 25.6% of the market share.
Guantao Hong Kong Office acted as legal advisor of sponsor in both mainland and Hong Kong, providing HK legal services throughout the whole transaction, led by Mr. Wang Xuexia and her team in Shenzhen along with George Lee and his team in Hong Kong.