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    Wiseman'S Clothing Was Reported &Nbsp; The Prospectus Was Suspected Of A Major Omission.

    2011/5/6 10:59:00 53

    Wiseman'S Clothing Prospectus

    The Zhuhai Wiseman apparel Co., Ltd. (SW), which is sprinting the small and medium-sized panels, will be held in May 6th.

    Management

    There are significant omissions in these areas.

    Raise

    Capital investment.


    It is understood that the proceeds will be used for 3 projects: marketing network construction projects, annual output of 1 million 800 thousand fashionable sweater production line construction projects, information system construction projects, estimated

    Investment

    The total amount is about 285 million yuan.

    Xie Qiuhe and Xie Huidiao were the actual controllers of Wiseman clothing. Before the issue, the couple jointly controlled 86.60% of the company's shares.

    In 1987, Xie Qi river began to start with 3000 yuan of funds, and in 1998, Wiseman dress was established.


    According to the report, what is missing in Wiseman's costume is the white horse that vanished from the sky.


    Reporters read 363 pages of Wiseman's clothing prospectus, but could not find Zhuhai century white horse sweater brand Port Co., Ltd. (referred to as "century white horse"), which should occupy the main role in the development of Wiseman's clothing history.


    Various information shows that in May 1, 2002, Xie Chi River set up the century white horse with a registered capital of HK $50 million, and as at the end of 2005, the paid capital was HK $41 million 380 thousand.

    The business scope of the company is to design, produce, process and sell sweaters, knitwear, woven garments, apparel products, leather products and needle textiles.


    In June 2004, Zhenwei garment (Macao) development company, the original controlling shareholder of Wiseman dress, invested 200 million yuan to build it into a super large brand sweater brand distributing center in China, which is called "Macao Zhenwei".

    The white horse is a company that makes the sweater brand fast and manages or pfers it as a means of profit. Xie is going to "build the center of design, production and marketing of the biggest sweater in China and even the world's largest."

    In 2005, it built a production base of 700 Mu and a building area of 400 thousand square meters. The annual output of sweaters will reach 6 million. This will provide strong product support for the century white horse, and plan to launch 500 sweater brands in 2006.

    In December 2009, Zhenwei, Macao, pferred its stake in dress to Zhuhai Zhenwei Investment Co., Ltd. (referred to as Zhuhai Zhenwei).


    The above information shows that Wiseman dress and century white horse belong not only to the same actual controller, but also to the two competitors.


    According to the report materials, the white horse of the century came out of the world. It originated from the "experience" of one night's franchisee across the country in 2002, and the "lesson" that quickly reduced to less than 200 a year later. The actual controller intends to give up the dress of Wiseman and focus on the development of the century white horse.

    In the short half a year, the white horse made more than 100 sweater brands. Most of them carried out trademark registration and invested a lot of operation and publicity expenses.

    In the following two years, the white horse of the century suffered a serious loss, and even once consumed half of the profits of the group, and then gradually came to a halt.

    And the more than 100 sweater brands were "completely destroyed".


    The reporter noted that at present, the three brands of Wiseman dress are only the family of Wiseman and Wiseman.

    The IPO will raise 65 million 608 thousand and 500 yuan for the construction of 1 million 800 thousand sweater production lines annually.

    Immediately, this reporter calls the online service telephone of century white horse website, but nobody answered.


    According to the industry and commerce information, the white horse has been renamed Zhuhai Bart Investment Consultants Limited (Bart investment) in November 7, 2007.

    However, the prospectus shows that Bart's original investment name is Zhenwei Industrial (Zhuhai bonded zone) Co., Ltd., which was established in May 1, 2002 with a registered capital of HK $1 million 180 thousand.


    So what is the purpose of Wiseman's costume to evade the white horse of the century?


    The whistleblowers said that the Wiseman prospectuses adopted a "vanishing" approach to the white horse of the century, which might be explained by "unwilling to mention the bitter past of those years".

    But in fact, "vanishing" may have a deeper meaning.

    First of all, century white horse is a failure case of brand building, and it has failed in defeat.

    Secondly, the century white horse is a microcosm of Zhenwei group / Wiseman's past irregular operation. If it is described, it will worry that there will be an accident in the process of listing review.

    Finally, it was suspected that some irregular bad debts in the historical operation of Wiseman and associated enterprises were pferred.


    However, staff in charge of information disclosure at Wiseman dress said on the phone that they were mainly based on prospectus and refused to disclose more contents.



     
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