Shandong Ruyi Will Hold 41.18% Stake In Rennaun Company.
During the restructuring period, RENOWN held a provisional shareholders' meeting in Tokyo in July 29th. The meeting decided to implement private placement for the Shandong Ruyi technology group, and accept three Chinese directors.
It is reported that the company will send an additional 4 billion yen (310 million yuan) stake to Shandong Ruyi technology group, and Shandong will be 41.18% of its shares, becoming the largest shareholder, and has an absolute right to speak on the operation of the company.
Next, the two companies plan to set up in Beijing.
joint venture
The company sells in China.
simple life
"Brand clothing" and strive to increase the store to 2000 after 10 years.
Founded in 1902, rennaun is a well-known Japanese listed company with several garment brands.
Shandong Ruyi Technology Group's injection company, naun company, aims to speed up its pformation through restructuring and acquisition, from an excellent company.
Spin
The enterprise has become an internationally famous fashion industry group.
Qiu Yafu, chairman of Shandong Ruyi science and technology group, said in an interview that we have acquired an advanced brand enterprise in Europe, and have such a brand partner in Japan. In addition, China's huge market and satisfactory manufacturing technology can be described as four in one, which will speed up the strategic pformation of Ruyi.
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