eName announces Initial Public Offering

[domainking131]

eName has announced its plans to go public, following the merger/acquisition of 4.cn earlier this year.
The company had 2015 revenue of 260 million(CNY) ($40 million USD) and net income is 27.9 million(CNY) ($4.3 million).
That compares to 2014 revenue of 168 million(CNY) ($26 million USD) and net income of 11.9 million(CNY) ($1.8 million USD).

Chairman Dejing “Meatball” Kong owns 68.8% of the shares.

The company will trade on a secondary, smaller market similar to the London AIM


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[wot]

Probably the worst and most untrustworthy of the Chinese registrars, awful company to deal with. Sad day when they swallowed 4.cn.

I guess things can only get better,hopefully.