Ehi offerings submission to raise $200 million

on October 4, hunting cloud network news, ehi on October 3, with the securities and exchange commission to submit application for IPO (initial public offering), plans to the nyse, plans to raise $200 million.

Ehi has previously obtained enterprise holding group (EnterpriseHoldings), qiming, rich Asia, CDH venture, Goldman sachs etc. Several rounds of investment. In December 2013, ehi for ctrip get for $100 million in financing, ctrip has become the enterprise a hi’s second largest after holding group strategic partner.

the application documents, ehi in recent 3 years financial performance steady rise, revenue rose by nearly 50% in the first half of this year, the industry average growth rate of more than 2 times, RMB 385 million; Before interest, tax, depreciation profits of 133 million yuan, up 190% from a year earlier.

ehi, founded in January 2006, mainly for individuals and businesses to provide a comprehensive car rental service, headquartered in Shanghai, as of June 30, 2014, more than 90 cities across the country set up more than 700 retail outlets, now has more than 100 kinds of models, the team size total more than 15000 units.

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