Meorient Lists on Shenzhen Exchange

October 29, 2019

Meorient, a Chinese exhibition organiser, has listed on the Shenzhen Stock Exchange (SZSE). The company debuted on the exchange on 22nd October. Meorient’s stock code is 300795. The company is reportedly the first exhibition organiser in China to be listed on a major stock exchange.

According to the SZSE, Meorient’s IPO offered just over 25 million shares at RMB 14.27 (US$2.02) per share and raising funds of RMB 357 million (US$51 million). The post-public-offering share capital is RMB 100.2 million. Meorient’s shares closed on Friday at RMB 27.36.

In 2018, the company recorded revenues of RMB 437 million (US$62 million) with net profit of RMB 68.4 million (US$9.7 million). As of 30th June 2019, Meorient had 11 UFI Approved Events in nine countries. Meorient organises events in Dubai, Brazil, Egypt, India, Jordan, Kazakhstan, Mexico, Poland, South Africa, Turkey and China.

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Dallas already boasts 35,000 hotel rooms, award-winning global cuisine, and a walkable downtown. But we are just getting started. Visit Dallas is thrilled to announce that the city of Dallas is doubling down with a massive new convention center and entertainment district. Featuring 800,000 square feet of exhibit area, 260,000 square feet of meeting rooms, and 170,000 square feet of ballroom. The center will connect business travelers with dining and shopping options in the popular Cedars District means more places to get down to business, and even more ways to unwind. “Dallas is already a great meetings and conventions destination, with the accessibility of two major airports, affordable labor, and an outstanding hotel product,” said D. Bradley Kent, Visit Dallas senior vice president and chief sales officer. “The new center and Convention Center District will enhance Dallas’ competitive position and are exactly what our customers’ need and have been asking for." What’s New – AT&T Discovery District Located in the heart of Downtown Dallas, this new district on the AT&T corporate campus is tailor-made for groups of all sizes. It boasts a multi-sensory experience, including outdoor event space, the AT&T Theater, and multiple dining outlets including JAXON Beer Garden and The Exchange, a bustling food hall. Hotels Coming Soon Names like the JW Marriott (Downtown), lnterContinental Dallas (Uptown), and Hotel Swexan (Uptown) are adding luxury amenities and bountiful event spaces. The projects will debut in 2023 and beyond. JW Marriott This new, 15-story, 283-room hotel will open in the heart of the city’s downtown Arts District this year. The property features a 25,000-square-foot grand ballroom, as well as a spa, restaurant, lobby bar, fitness center, and a rooftop pool deck and bar. InterContinental Dallas  Located in Cityplace Tower in Uptown, InterContinental Dallas will feature sweeping panoramic views of the Dallas skyline. Guests will enjoy spacious, high-end rooms and amenities, including more than 21,000 square feet of event space.   Hotel Swexan Hotel Swexan, a new, 22-story luxury property, is rising in Uptown’s Harwood District and will make its mark on the Dallas skyline. Opening this year, it is a sculptural building with cantilevered upper floors, as well as a 75-foot rooftop infinity-edge swimming pool and a hidden underground lounge.