Italy Shoe Companies Come To China For Bulk Financing.

China Securities Daily reporter recently learned from the Beijing property exchange that a number of Italy leather shoes manufacturers are pferring shares in the North exchange, while some Italy property rights cooperation projects are also in operation of the North exchange.

The industry pointed out that before the implementation of overseas mergers and acquisitions by Chinese enterprises was not smooth, the protectionism, cultural and institutional differences between Europe and the United States had caused a great obstacle.

      七家中高端意大利鞋企掛牌

The Beijing Equity Exchange issued 7 equity pfer projects for leather shoes manufacturers in Italy in March 10th. The share pfer ratio is 1% to 100%, and the deadline for the project is December 31, 2009.

The staff of the North exchange said that the 7 equity pfer projects of the Italy leather shoes manufacturers are all part of the cooperation project between the Milan property exchange and the North exchange. The project enterprises belong to the medium and high-end market brands of Italy. The specific matters such as the enterprise name, project intent, financing pfer ratio and pfer price need to be further discussed by the intentional enterprise and the pferor.

The notice of pfer shows that the earliest Italy footwear enterprises were founded in 1910, the latest was founded in 1998, and three enterprises have been around for 90 years.

Li Dun, a representative of the North exchange project, told the China Securities Journal reporter that most of the leather shoes manufacturing industry in Italy is small and medium-sized enterprises. In addition, it has been occupying high-end market. The economic crisis has brought great impact to these enterprises, and they are facing the problem of tight capital chain, so they hope to cooperate with Chinese enterprises.

The brand, sales system and design level of these enterprises are often lacking by Chinese enterprises. Through equity cooperation, Chinese enterprises can share these companies' design, brand and sales channels, enhance their strength, open up overseas markets, enter the high-end market, and reverse the disadvantageous position of China's shoemaking industry in the international division of labor chain.

The industry also said that for clothing, footwear and other traditional industries, there is no lack of overseas equity acquisition success precedent, domestic enterprises often retain foreign enterprises product brand, design institutions and personnel, using Chinese channels for sales.

      意某銀行開拓中國市場

According to the China Securities Daily reporter, not only are leather shoes manufacturing enterprises, including banks, new energy sources, many enterprises in Italy want to be able to finance China and open up the Chinese market.

According to information provided by the North exchange, a bank group in Italy, founded in 2002, is seeking strategic investors in China.

According to the introduction, there are two main financing schemes in the project: the first is to find strategic investors to buy all or part of the shares of the small shareholders (old stock and capital added shares), of which the minority shareholders account for 30.2% of the total shares; the second is to seek strategic investors to subscribe to share shares that require small shareholders to increase their capital and expand their shares, so that the minority shareholders' equity can be diluted and the bank can get corresponding financing.

The bank group hopes to establish a deep cooperative relationship with Chinese investment enterprises so as to share resources, networks and technologies and jointly develop China and Europe's financial markets.

According to the insiders, Chinese investors can take the opportunity to enter Italy's financial industry, laying the foundation for Chinese enterprises to enter Italy and even the European financial market.

A new energy group in Italy is focused on the development of renewable energy and is listed on the Milan stock exchange. The company is mainly engaged in the development and utilization of wind, light and bioenergy, ranking third in the Italy photovoltaic power generation industry, ranking eighth in the wind power industry, and planning to reach 457 megawatts of electricity in 2011.

According to information provided by the North exchange, in order to support the implementation of the group's rapid development plan, the energy company decided to carry out a 150 million euro investment increase plan (no preemptive right). It is estimated that 35% of it will be allocated to China's strategic investors, and the other 65% will be allocated to investors in Western Europe.

Wang Feng, a business partner of Hejun Consulting Group, told the China Securities Journal reporter that many European and American enterprises are consulting them now, hoping to seek cooperation opportunities in China.

Editor in chief: Xu Qiyun