Everbright subsidiaries, China Everbright Capital Limited and China Everbright Securities (HK) Limited, act as sponsor, bookrunner and lead manager of Vitar International Holdings Limited (Stock code 195). The global offering of Vitar International comprises 28,000,000 shares at an offer price of HK$2.1 per share. The total issue size is around HK$58,800,000. Vitar International will commerce trading on 12th November 2008. 

 

With an operational history that stretches 30 years, Vitar International is a well-known andestablished insulation and heat-resistance solution provider in Southern China. Specializing in the production, design and sale of insulation and heat resistance materials for household electrical appliances, the Group provides cost-efficient one stop solutions as well ashigh standard products to its customers which includes fibre-glass sleeving, silicon-based tubes, high-temperature electric wires and mica sheets. 

 

The Group offers one-stop solutions that extend from product design and development to delivery of competitive, finished products.

 

Most of the Group’s customers are OEM manufacturers operating in Southern China. Employing a strict internal quality control system, Vitar International is among a select few Chinese manufacturers capable of meeting stringent international product standards on all major fronts – qualitatively and quantitatively. Its products have obtained more than 50 certifications from UL, VDE, CSA and NSF while its production facilities have also won many prizes and are compliant with well-known quality standards.