Capital Memorabilia Of Clothing Industry: Inward Integration

Since 2015, the capital means of listed apparel enterprises continue to be close to financial investment, diversify and cross border development. In this respect, they have inherited the diversified traditions of some garment enterprises, and on the one hand, they have also adopted the adaptive means in the environment of capital market, macro economy and industrial economy. On the other hand, they are also taking actions in order to increase the rate of return on assets and manage market capitalization under the pressure of the main industry and declining performance.

　　 Shanshan stock Continue to reduce shares of Bank of Ningbo

On March 9, 2015 and 13, Shanshan stock holdings reduced 19 million 520 thousand shares of Ningbo bank. The number of shares reduced accounted for 0.60% of the total share capital of Ningbo bank, with an investment income of about 322 million yuan. At present, Shanshan stock still holds about 144 million shares of Ningbo bank shares, accounting for 4.43% of the total share capital of Ningbo bank.

Statistics show that Shanshan shares first reduced 10 million 43 thousand and 500 shares of Ningbo bank in December 29th last year, with an investment income of about 146 million yuan. In December 31st last night, Shanshan stock also issued a notice to continue to reduce Ningbo bank's 5 million 500 thousand shares.

Comments: Shanshan stock continues to reduce the cash realizable funds of Ningbo bank, reflecting the practice that "Shanshan" company is accustomed to investment and diversification. In terms of capital allocation, Shanshan stock has shown more investment in clothing. Through the realization of investment income, the profits of Shanshan stock will be further thickened, and its performance will be more brilliant. The acquisition of investment business by clothing enterprises such as Shanshan stock and YOUNGOR will further stimulate the diversification of clothing industry and the impulse to close to financial investment.

　　 Youngor 1 billion yuan to set up health industry fund and sell textile city block.

In March 6th, YOUNGOR announced that the company and its subsidiaries decided to invest 1 billion yuan in their own capital and set up a health industry fund in Yinzhou District, Ningbo. It is understood that the YOUNGOR health industry fund is mainly aimed at the big health industry in the growth stage, expansion stage and maturity stage. It has a good industry development prospect and a company that has great value for mergers and acquisitions to invest in equity. It also pays attention to the opportunity of the excellent listed companies and the investment opportunities of the large and medium sized state-owned mixed ownership restructuring.

In March 11th, YOUNGOR signed a contract for the acquisition of the right to the use of state-owned construction land in Ningbo with the Yinzhou District land reserve center of the city of Yinzhou District. The reserve center intends to purchase and store YOUNGOR's industrial land, which is located in Shiyi village and Jian Zhuang village, Shibuya street. The total land area is 307 thousand and 200 square meters, and the total purchase price is 1 billion 163 million yuan. According to the calculation of YOUNGOR's financial department, it is expected that this transaction will generate a profit after tax of about 570 million yuan.

Comments: same genus Ningbo The clothing enterprises, YOUNGOR and Shanshan stock have strong investment and diversified qualities, and are active in pursuing new economy and new industry direction. The sale of plots makes YOUNGOR's profits thicker, while 1 billion yuan for the health industry also shows that YOUNGOR has a lot of money and money. Recently, YOUNGOR's actions are frequent, women's wear brands are listed, 1 billion of the health industry funds are set up, the hemp industry of holding enterprises is reorganized, and the initial application of shareholding enterprise pioneering software is temporarily rejected. It can be seen that YOUNGOR has become an investment company.

　　 Kaiser shares premium 27 times 750 million acquisition of cool cow interaction was passed

Kaiser shares announced on March 12th evening that the company received the approval from the China Securities Regulatory Commission in March 12, 2015 to approve the approval of Kaiser (China) Limited by Share Ltd to purchase assets from Yellow River broccoli and other shares, and announced that it would formally annex the cow.

Statistics show that in the evening of June 19, 2014, Kaiser shares issued a draft asset merger. It intends to buy a total of 100% stake in Shenzhen cool seed Interactive Technology Co., Ltd., owned by Huang Zi Xi, Ceng Xiaojun, Zhou Luming and Lin Jia Xi, through the way of issuing shares and paying cash to specific objects. Cool bull interactive 100% stake in the transaction price of 750 million yuan, after the completion of this transaction, cool cattle interaction will become a wholly owned subsidiary of Kaiser shares.

Comment: Cool cow interaction is a hand travel company. Last year, a number of Listed Companies in the industry listed hand travel companies, in addition to the textile and garment industry, including media, film and television, software development, telecommunications value-added, electronic equipment, automobile manufacturing and other industries. And the clothing company from Chaoshan, like many other Chaoshan traditional industry companies, goes to the direction of culture and entertainment. It seems that this kind of investment has more collective action meaning and is not highly related to the industry. But at least, one thing is that clothing companies buy games companies, and the pace of diversification and cross-border is increasing.