Underwear Enterprises Will Be Available In The Next One Or Two Years

"Clothing industry is a sustainable growth industry. Capital has great operational space with the apparel industry as the carrier."

"The first listed underwear enterprise in China is backdoor listing. It is estimated that there will be IPO listing of underwear enterprises in the next one to three years."

In July 28th, Professor Zhou Li, Department of accounting, School of economics and management, Tsinghua University, invited the Mdt InfoTech Ltd's new viewpoint, Mdt InfoTech Ltd, to visit the "clothing business capital operation Summit Forum".

Prof. Zhou Li delivered a lecture on the "launching of a practical clothing business venture" at the forum.

Through publicly available information on Kaiser international, Wordsworth, Busen, Rex, nine frontiers, search for frontline, and bridegroom Hinur and other listed apparel enterprises, the paper points out the problems of financial planning, asset restructuring and tax policy, brand and core competitiveness, R & D, independence, related pactions, government subsidies, illegal activities, compliance of shares holding, competition in the same industry and the prohibition of competition among executives, and puts forward various solutions.

Through vivid professional case analysis, this paper answers the questions of how many apparel and underwear brands and executives are concerned about how to plan the listing and how to solve historical problems in line with the listing rules.

"At present, compared with other industries in China,

Professor Zhou Li: it should be pointed out from the strengths and weaknesses of the clothing industry.

First of all, the strong points. On the one hand, the apparel industry is a sustainable growth industry. It will grow faster and will have a large scale in the future. It will achieve more than 100 billion dollars, and domestic software companies will be so big and difficult.

Because clothing is the basic demand of people, so the capital is made up of costumes and has great operational space.

On the other hand, the clothing industry has a strong ability of self growth and reproduction. For example, a company can make 2000 from 1000 to 3000 stores. China has a large market space, only the enterprise has the ability to do 7000-8000 things, and the risk is not great.

Clothing enterprises have strong brand replication ability. If a brand is ready, they can do 2 or 5 more.

Its growth has a certain pattern.

This provides space for capital operation.

Shortcomings, if the apparel enterprises do not plan well, the tax will be very high.

Some countries support the key industries such as software, new energy, biology, medicine and other high-tech industries and agriculture, and the income tax is relatively preferential. However, only two enterprises in the apparel industry currently enjoy high and new technology concessions, most of which are not high-tech enterprises.

In terms of value-added tax and business tax, the preferential policies of clothing enterprises are relatively few. After the listing of enterprises, profits will be exposed and the cost of Taxation will be relatively high.

Clothing business capital operation Summit Forum

"Costumes

Prof. Zhou Li: we put forward various case studies of listed apparel enterprises in order to study how others grow rapidly.

Because listed companies have been growing more rapidly in recent years, some genes that are learning their rapid growth are conducive to our development.

From the case, we can see how the brand can be molded and how the channel is established. If clothing enterprises do well in brand and channel, they can expect to grow rapidly; on the other hand, they are the universal problems of some listed companies, such as corporate governance and executives holding equity.

Enterprises must rely on people to operate. Enterprises should be listed. Internal management system, incentive system and executive stock ownership system are also very important topics.

These problems are generally applicable and will be encountered by all companies.

Asset compliance, related pactions, independence and other listed companies normative problems will also be encountered in the listing of enterprises.

Clothing enterprises need to grow fast. My understanding is that "brand + channel" is the core issue of enterprise growth.

Because "brand + Chain" can promote business.

Clothing enterprises are very strong in manufacturing ability, most of them are "brand + Chain" expansion.

Professor Zhou Li has a cordial interaction with students in the "clothing business capital operation Summit Forum".

"I have learned from the interview that the underwear brands of the participants are preparing to go public. As far as you know, how potential is the capital operation potential of the underwear enterprises in China?"

Professor Zhou Li: at present, only Lingsha is listed in the underwear industry in China.

IPO listed underwear companies haven't yet, but it is estimated that underwear enterprises will be listed directly within one to three years.

At present, some underwear enterprises in China can achieve annual sales of 3 hundred million, and if they can achieve 4-5 billion, the profit will reach more than 40 million. In this way, the SME board can reach the generally recognized profit level and be able to go public.