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    Private Shoe Enterprises Seeking The "BELLE Second"

    2007/9/15 0:00:00 10652

    Originally, only the "shoe manufacturer of China's largest shoe manufacturer" was named BELLE shoe industry. Because of listing, it became "the largest mainland retail listed company in the Hong Kong Stock Exchange" - the magical story of "Cinderella wearing crystal shoes".

    AOKANG group, the largest private shoe making enterprise in Japan, has signed an agreement with Wenzhou, one of the world's largest management consulting companies, to form a global strategic partner. The latter will have a comprehensive plan for AOKANG's development strategy including listing.

    According to the agreement, Kearney will make a comprehensive diagnosis of AOKANG's current management system and make overall plans for the next 5 years' development and enterprise management and control mode.

    According to insiders, the 5 person team of corney will spend half a year in AOKANG, and AOKANG will pay millions of dollars.

    Yesterday, AOKANG also hired 7 people to form a global advisory group to work with Kearney.

    Wang Zhentao, President of AOKANG group, said that the next step will be to introduce strategic investors.

    According to insiders, there are about 20 investment banks and securities companies such as Goldman Sachs and Macquarie to AOKANG's participation in stock market and listing. "We have preliminarily identified 5 candidate strategic investors and will choose 2 further negotiations."

    Prior to May, Belle International Holdings Ltd listed on the Hong Kong stock exchange, with a total market value of HK $52 billion 350 million, and Gome, which surpassed HK $36 billion in one go, became the largest mainland retail listed company in the HKEx market capitalization.

    At the end of the month, Wang Zhentao led a team of nearly 100 executives to visit the BELLE headquarters in Shenzhen.

    The trip to BELLE made Wang Zhentao realize that "the pattern of China's footwear market is not" big fish eating small fish "," fast fish eating slow fish ", but" lions eating tiger ".

    "AOKANG is attacking men's shoes and BELLE shoes."

    But after the visit, I suddenly found that BELLE was promoting their men's shoes.

    Wang Zhentao said, "the same is the shoe industry boss, the development track is changing because of the capital market.

    AOKANG can survive only by means of listing. "

    It is reported that Anta, Daphne, red dragonfly, PEAK and Xi De long are waiting for the time to list at the moment.

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