Clothing To Equity Investment: The Main And Subordinate "Two Pronged Approach"
Try: capital Transportation as auxiliary
In June 1st, the 3G concept stock amounted to three yuan, and the third largest shareholder from the original investment cost less than 2.5 yuan per share to the listing price 25 yuan, 3 years to achieve 10 times the book profit. Earlier, when NVC listed in Hongkong, it also allowed the Zhou Shaoxiong family, chairman of the Fujian wolves, who had subscribed more than $100 billion to Rex shares, once again to taste the sweetness of equity investment. 6 years ago, he was granted a stake in Societe Generale Bank, making seven wolves earn billions of dollars. It is equity investment that makes RBA and seven wolves taste faster than "selling clothes" to make money faster.
Yuqing, an investment expert in Shenzhen innovation investment group, said that equity investment in peer companies meant that mergers and acquisitions began, and equity investments in other industries were equal to putting eggs in different baskets, and it could also continuously pour blood into the main industry. Wang yjian, a clothing giant who shares in Fujian business investment company, also believes that the domestic clothing brands that can be regarded as "national team" are almost always developing their main businesses while developing other "sideline businesses", carrying out diversified operation, and strengthening the strength of enterprises through all forces.
Successful cases are not just in the clothing industry. Since 2003, the company has borrowed money to create a company, and now it is worth hundreds of millions of yuan. It takes only five years. Everyone familiar with the local business community knows that in the three of Chen Weigang's brother Chen, the elder in the financial industry for nearly 20 years is responsible for investing abroad, while the chairman Chen Jinji and the second are concentrating on wooden doors. "There are two equity investment projects on hand." In addition, Chen Weigang also told reporters that he is working with a listed company in Quanzhou to operate an investment company in Shenzhen, looking for some new high quality projects. According to Mr Jia, foreign investment income has sent a steady stream of blood in recent years.
At the 25th anniversary Forum on the establishment of the Heng An Group, which was held shortly before, Bao Yujun, a special researcher at the State Council of the State Council, and economists Cao and equal experts, have expressed that the success of Heng An is to adhere to the main business of the paper making industry and to invest in the stock right earlier, and to return the earnings of the paper industry to the paper industry.
Adhere to: industry Business oriented
When equity investment is surging, industry and equity investment are becoming more important. "Picking up sesame seeds and losing watermelons." An investment expert said that equity investment may bring considerable benefits, but it also brings risks. The biggest risk is not the failure of investment, but the loss of self abstinence and the emphasis on intensive farming.
The source said that YOUNGOR's road is not a warning to Quanzhou entrepreneurs. Benefiting from early equity investments, YOUNGOR gained about 20000000000 Yuan in the capital market during the 2006 to 2007 stock market boom. "We can't make so much money in manufacturing for thirty years". Since then, YOUNGOR has started the "great leap forward" in the field of equity investment and real estate. According to the 2007 earnings report, YOUNGOR's equity investment has accounted for 70% of the total profit. As a result of "aggressive", with the macroeconomic changes, YOUNGOR returned to the three quarter of 2008, 62.7% of the assets and liabilities ratio. Subsequently, we had to enter the pluralistic adjustment period.
What worries people is that many private enterprises in Quanzhou are no longer satisfied with the idle funds used for equity investment. There are also some owners who have tasted the sweetness from consolidating the main business to obsessed with capital leverage.
In recent years, many clothing industry bosses have invested in real estate or other diversified projects, showing signs of "escaping" the garment industry. Prior to the media interview, he said that for textile and garment enterprises, doing well the main business is like digging a well, which needs continuous nurturing and investment. Real estate and financial investment are like flood dams, which are cyclical and risky. Blocking a dam may reach dozens of wells, but there will always be a risk of dam failure.
Diversification: from capital to humanism
Although he remained modest about his earnings from foreign investment, Chen Weigang still talked about his own views. "The key is to have talent to manage huge sums of money." He believes that diversification is not only the diversification of business, but also the diversification of regional distribution of business. In addition, investment diversification should be established according to the different times of different businesses in the economic cycle.
As a controlling shareholder of a listed company, the seven wolf group has undertaken the capital operation outside the main garment industry. Its operation is mainly to abide by the "investment heaven" of the seven wolves, mainly to operate with financial capital, and to export funds to other enterprises through external equity investment. Zhou Yongwei, chairman of the board of directors of the seven wolves, said that excessive investment and over diversification of the outside world would cause management difficulties and financial pressure, which would lead to the rapid amplification of the risk of enterprises and the healthy development of the main business. In his view, we should establish the concept of "capital based operation" and "capital operation" as a supplementary concept. Under the premise of ensuring industrial operation, we should use capital operation to expand new opportunities for company development and inject new life elements into the evergreen of our company. To this end, we must strengthen the research on economic cycle and industrial rotation, introduce high-end talents and build professional teams.
- Related reading
Shishi Shoes And Clothing Enterprises Go Deep Into The Three Or Four Line Market
|- shoe machinery | Shoemaking Industry Chain Staged Two Shoal Days Busy Production
- Instructions for foreign trade | 世界工廠中國(guó)薪資上漲 意大利品牌回潮流
- New product release | Ning Xin Ji Li Zhi Ying'S Future Women'S Heart 2014 Autumn Winter New Product Conference Is About To Open
- Market trend | Vip.Com Electric Business Dig More Than 600 People To Build Buyer Team
- Professional market | Ali Jingdong Amazon Comparative Analysis Of Market Value
- Home Furnishing | China Textile And Apparel Industry Alliance Established
- Industrial Cluster | High Imitation Luxury Goods Are "Repeated" Flooding.
- Industrial Cluster | 天貓面臨B2C改革轉(zhuǎn)型最大挑戰(zhàn)
- neust fashion | Concave Style Can Be Cool, And Fashion And Music Together.
- Shoe Market | New Market Favorites Provide New Opportunities For Shoes And Clothing Brands
- Clothing Industry: A Small Step In The Market, A Big Step In The Industry
- Three Major Changes In Wuxi'S Adjustment And Upgrading Actions
- Dressing In Office
- Yu Faction Shoes To The National &Nbsp; Move After The Idea Of Moving.
- Quanzhou Slippers Fashion Wind Slippers Industry Try Cross Boundary Extension
- Shishi Shoes And Clothing Enterprises Go Deep Into The Three Or Four Line Market
- Ancient Three Inch Golden Lotus Embroidered Shoes
- Boom In The Shoe Industry &Nbsp; Hot Shoe Recycling Exhibition
- Women'S Department Store: Zheng Zhigang'S New Gimmick
- Store Management Should Be Regarded As A Kind Of Management.