A 17-year-old Chinese manufacturer of dress and athletic shoes, Zhejiang...

2012-05-17T00:00:00

A 17-year-old Chinese manufacturer of dress and athletic shoes, Zhejiang Red Dragonfly Footwear, has filed for an IPO, after waiting for two years to do so. Reportedly, the company had a profit of 294 million yuan renmimbi (€37m-$47.1m) on sales of RMB2,672 million (€332m-$421m).

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