Hongkong Agencies Invest Heavily In Quanzhou Shoe Companies

In most cases, investors have adopted the strategy of contraction front. However, in recent years, Z, an investment organization in Hongkong with international capital background, has made an amazing move: it has injected hundreds of millions of yuan into capital.

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People familiar with the matter say it is global.

Since then, a huge amount of financing has been rare in the local industry.

At the scene, Zhang received an interview with the Morning Post reporter, which confirmed the injection of Baofeng company. However, he did not want to say more about the specific amount involved. He only stated that "cooperative funds will be put in several steps and the total investment will be tens of millions of dollars".

According to industry speculation, the Z company's capital injection will reach 100 million yuan.

Under the circumstances, it is quite unusual for Z to make this investment decision in the field of unattractive slippers.

In this regard, Zhang said that Z's investment in Baofeng company is a decision made after in-depth study in all aspects, and they are very confident about the prospect of this investment.

The impact is not great, so Z has maintained a strong investment business development, especially in the domestic market, as many international investment banks and fund institutions have been shrinking their investment fronts on a large scale.

The downturn is an opportunity for us, although we will be more prudent in investment behavior, we value the long-term development prospects of enterprises.

Therefore, we will continue to invest vigorously in areas with high quality and promising prospects.

Zhang said, "we are very optimistic about the future development of Baofeng in the domestic market, and the pragmatic management style and long-term development concept of Quanzhou's leading bodies are very consistent with our company's investment philosophy.

We also appreciate the preparatory work and efforts of Baofeng shoe industry to enter the domestic market. "

"Because they know more about the local situation, we have a lot of common language with us on the future market."

Chen Qingwei said.

For many small and medium enterprises in Quanzhou, it is just in the bottleneck of development.

Venture capital brings not only capital, but also internationalized talents, advanced management, management concepts, brand resources and channels, and post marketing promotion.

This is really not easy. After all, slippers are traditional industries in the eyes of most people. We have such high demands.

The financial crisis which started in 2008 has increased the difficulty of this matter. "

Zhang also has similar views on the timing of investment.

He believes that investment can not be accompanied by the tide. Judging from the quality of a project, many enterprises are doing well when the economic situation is good. At this time, it is not easy to see clearly the risk resisting ability of enterprises.

When the economic environment is bad, investors can see clearly which enterprises have good overall quality, so this is a good time to choose.

It is the investment purpose of venture capital companies at that time to help enterprises to go public and gain more benefits.

But since last year,

In the short term, the downturn seems to fail to see the favorable prospect of listing.

For enterprises in Quanzhou,

The spirit of professionalism and pioneering spirit of Quanzhou impressed him deeply.

As for the industry and enterprises in which the partners are located, Zhang kept the answer, only revealing that they are all in the manufacturing industry.

At the end of last year, at the forum of Shanghai's financial investment and M & a summit, Wu Ke Zhong, partner of Shanghai Ying Chu Cci Capital Ltd, strongly recommended the growth mode of Quanzhou enterprises.

Feel less pressure, and may take advantage of this opportunity to make their business bigger and stronger.

By the beginning of twenty-first Century, the export of Quanzhou enterprises encountered some setbacks, which made some enterprises in Quanzhou aware of the risks of OEM business. So they began to pform their own brands and expand their domestic market.

Therefore, in this global financial turmoil, Chinese enterprises are subject to internal and external pressures, and Quanzhou enterprises are better able to resist pressure.

He said that the environment at home and abroad has exerted a certain pressure on all manufacturing enterprises. But after years of brand development, Quanzhou enterprises have been able to digest the cost pressure with the brand.

These investors and brokerages are constantly told that "if you give me capital, I can make the business bigger and bigger", and the market downturn is a good opportunity for enterprises to expand.

If time is back to the end of 2007, it is hard to imagine that the market will be in such a position in 2008.

Reducing business objectives, reducing budgetary costs, layoffs and closing production lines have become ways for some enterprises to cope with the financial turmoil.

In 2009, the company announced its full entry into the domestic market. In its 2009 market expansion plan, there were tens of thousands of budgets in marketing.

At present, all industries are fiercely competitive, but because the slippers are too cheap, the field becomes a "forgotten" corner, so there is potential for large-scale production.

Editor: vivi