DGAP-News: Tintbright AG / Key word(s): IPO Tintbright AG: Tintbright AG starts successfully on the Prime Standard of the Frankfurt Stock Exchange 27.01.2014 / 17:37 --------------------------------------------------------------------- Tintbright AG starts successfully on the Prime Standard of the Frankfurt Stock Exchange - First Pricing EUR 12.20 - Free float of around 25.8 percent - IPO has strategic importance and accelerates expansion Hamburg, 27 January 2014 - Tintbright AG, the German holding company of a Chinese fabrics manufacturer being active in the Chinese textile industry for almost 20 years, today has been traded for the first time on the Prime Standard at the Frankfurt Stock Exchange. Tintbright thus was the first company to become listed in the Prime Standard in 2014. Due to the high strategic importance for the company, the IPO has been executed in terms of a 'Safe IPO' without a public offering. The free float is around 25.8 percent. The first price for the shares was EUR 12.20. At a satisfying trading volume of about EUR 700 thousand, the share price increased to EUR 15.40 within the first trading hours. With more than 1.100 employees, Tintbright produces and (post-)processes fabrics. The finished fabrics are premium textile material, increasingly containing different functional properties. The company early on realized the trend in the textile industry towards one-stop-solutions, today being one of very view Chinese companies offering vertically integrated product services to its customers. The diverse customer base of over 550 buyers includes well-known Chinese brand names such as K-boxing, Anta or SeptWolves. Since 2010, Tintbright grew at an average annual growth rate of 13 percent, recording revenues of EUR 122.7 million and a net profit of EUR 19.1 million in fiscal year 2012. 'The successful listing further strengthens our competitive position as integrated supplier of innovative and customized one-stop solutions in the Chinese textile market', Tianzhun Zhao, chairman and founder of Tintbright, commented the initial quotation of the company. 'Germany and the Frankfurt Stock Exchange have a very high reputation in China and the IPO therefore improves our reputation to attain our expansion goals', added CEO Yuehui Hong. The listing is - in the first place - a strategic step to increase awareness and reputation among business partners, investors and the local government. In the mid-term, the company aims at further developing the proportion of value added, particularly increasing the revenue share of innovative products selling at high margins. While high operating cash flows and a comfortable liquidity position ensure the company's long-term growth targets independently of market sentiment, Tintbright considers the capital market as additional financing option for strategic goals like the expansion of the sales network and the further increase of research and development capabilities. BankM - Repräsentanz der biw Bank für Investments und Wertpapiere AG was commissioned as Sole Lead Manager. The shares of Tintbright AG are traded with the International Securities Identification Number (ISIN) DE000A1PG7W8, the Securities Identification Number (WKN) A1PG7W and the ticker symbol TBR on the Prime Standard of the Frankfurt Stock Exchange. For further information about the company visit: www.tintbright.de/en For enquiries: Tintbright AG Ang Chung Member of the Management Board and CFO E-Mail: [email protected] Phone: +86 187 5941 6698 Disclaimer: This document is no offer for the purchase of securities in the United States of America. Securities may only be sold or offered for sale with the previous registration under the U.S. Securities Act of 1933 in the actual valid version or without previous registration only pursuant to an exemption. The shares of Tintbright AG (the 'Shares') have not been registered under the U.S. Securities Act of 1933 in the actual valid version and may not be sold or offered in the United States. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). The Shares, which are referred to, are only available to relevant persons and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. End of Corporate News --------------------------------------------------------------------- 27.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Tintbright AG c/o HRG Hansische Revisions-Gesellschaft mbH, Ferdinandstraße 25 20095 Hamburg Germany Phone: +86 595 8539 2011 Fax: +86 595 8538 7408 E-mail: [email protected] Internet: [email protected] ISIN: DE000A1PG7W8 WKN: A1PG7W Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin End of News DGAP News-Service --------------------------------------------------------------------- 249712 27.01.2014