YOUNGOR Launched Nine Degrees In 2011 And Reached Ninety Million.

although Youngor It is well known that its brand clothing, but last year contributed nearly half of the profit is financial investment business. In the first half of, YOUNGOR took part in the private placement of 9 companies again. Compared with last year, it had an acceleration trend, and realized a floating profit of nearly 90 million yuan.

Brand clothing, real estate development and financial investment are the three carriages of YOUNGOR business in 2010. Finance Investment business achieved net profit of 1 billion 250 million yuan, accounting for nearly half of the company's net profit, a significant proportion.

Last year, with the help of Kai Shek's professional operation platform, YOUNGOR invested 5 billion 172 million yuan to participate in the 12 private placement of listed companies. At the end of the reporting period, all of them achieved floating profit, with a total profit of nearly 2 billion.

After the first two months of this year, YOUNGOR has launched again. Since March, it has participated in 9 additional projects, namely, Guang Bai shares, Hai Zheng pharmaceutical, Hai Lide, Xing Rong investment, Sheng Yi technology, Jinggong technology, Yun Tian Hua, Sheng Nong development and Oriental zirconium industry investment, compared with 0.65% to 2.1% of the total share capital of each company after the public offering.

The total investment of these 9 companies in private placement is 1 billion 270 million yuan. As of July 1st, the book market value was 1 billion 360 million yuan, and the overall floating profit was 90 million. Specifically, the market value of Guang Bai shares, Jinggong technology and Shennong is still under the investment cost, but the loss is only several million yuan.

Kay stone company, as a consultant behind YOUNGOR, recommends equity investment to the company. In the case of profit, the company pays the consulting service fee to Kay stone company on the basis of 15% of the realized investment income. If there is a loss, the company does not need to pay the consulting service fee, and then pay the profit after the profit realized in the future.

Fluctuations in the stock market have an impact on the equity investment income of the company. However, the State Securities believes that there is no need to worry too much about this part of the business risk, "because the business is undertaken by Kay stone, and Kay stone invest in domestic private equity funds. Administration The ability to take advantage of the stock market and increase the way to obtain equity investment, acquisition costs relative to the stock price has set a certain margin of safety.

In last year's annual report, YOUNGOR actively looked forward to the 2011 financial investment business. "Capital market risks and opportunities coexist, and market volatility will directly affect the company's asset size and profitability. But the long-term healthy development of capital market trend It will not change. Maintaining stability and innovation is still the theme of capital market construction.