IPO Preview | Majestic Ideal Will be Listed on 7/18/2025

Majestic Ideal intend to list their shares of common stock for trading on 7/18/2025, under the symbol “MJID”. Craft Capital Management, LLC、R.F. Lafferty & Co., Inc.、WestPark Capital, Inc. is acting as the representative of the underwriters of this offering. The initial public offering is 2.5 million shares. The initial public offering price of share will be $4 per share to $5 per share.
*It should be noted that the timing of IPOs may change at any time (including early or late), so investors should continue to follow the relevant news.

【Financial Results】
From 10/1/2023 to 9/30/2024, the revenue of Majestic Ideal was 87.622395 miilion CNY, the net loss of Majestic Ideal was 1.284172 million CNY.
In 2023, the revenue of Majestic Ideal was 82.563751 miilion CNY, the net loss was 0.993937 million CNY.
In 2022, the revenue was 114.548334 miilion CNY, the net income was 7.226857 million CNY.

【Company Profile】
Majestic Ideal Holdings Ltd was incorporated on November 3, 2021 as the holding company under the laws of Cayman Islands. The company conduct operations through operating company in China, New Brand Cashmere Products Co., Ltd. The company is a provider of SCM services in the apparel industry delivering one-stop solution to customers for a broad range of yarn products, textiles and finished garments. Their service offerings encompass every key aspect of the supply chain of these products: market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. Through their integrated capabilities, they provide end-to-end supply chain solutions that are tailored to meet their customers' unique needs.