Injection Of 3 Billion Yuan In The External Temperature Business For Xintai Leather Shoes Market "Strong Waist"

Injection of $3 billion for Xintai leather

The market is strong.

Wen Wen joint investment center capital injection Xintai leather shoes market officially launched a news conference yesterday. The first phase of the Wenwen business will inject $500 million into Xintai leather shoes market.

At the press conference, the Wenzhou leather shoe Merchants Association signed a strategic cooperation agreement with the Wenshang joint investment center. It will carry more than 500 members into the Xintai leather shoes market.

As an important part of Wenshang No. 1 project, Wenshang joint investment center and Xintai group

Xintai leather shoes market project formally signed a cooperation agreement. The center occupies 51% of the Xintai leather shoes market and is ready to invest 3 billion yuan to build a global leather shoe material trade as the leader. It consummate six matching elements such as food, housing, pportation, storage, finance and so on, and gradually develop e-commerce, logistics and distribution services, covering an area of 150 thousand square meters of modern business center.

The Wenshang joint investment center is composed of many Wenzhou chambers of Commerce in Shijiazhuang, Beijing, Guangzhou, Shenzhen and Sichuan.

Wen Ying joint investment center responsible person said, the injection of Xintai leather shoes market, after a long period of assessment analysis, investigation and study, they will set up a leather shoe market project team, dedicated to ensure the safety of funds.

Hu Fulin, chairman of Xintai group, said: "this

It is not directly related to the debt of our Xintai group, which is used to operate the market and is not directly used to repay debts. "

At yesterday's press conference, Hu Fulin revealed that the first phase of the market will start trial in March next year.

Prior to this, Hu Fulin repeatedly revealed that the Xintai leather shoes market is expected to open before the end of this year.

In this regard, Hu Fulin said, the market postponed the opening is mainly considering the adjustment factor of the format, with the participation of the outside business, the investment and market scale has increased, and the construction plan needs to be reformed.

Last year, Hu Fulin returned to China last October for a reorganization of his business. The original Xintai glasses creative park was pformed into a professional leather shoe material market through "retreating two into three". This is the professional market for leather shoes which was first formally approved by the municipal government in recent years.

The first phase of the market covers an area of 120 mu and more than 1500 berths, and more than half of the reconstruction works have been completed.

At present, there are more than 2000 leather shoes enterprises in Wenzhou, and 80% of synthetic leather in the whole country comes from Wenzhou.

Relevant experts believe that under the unique advantages of the leather industry in Wenzhou, the prospect of building a leather shoe material market is promising.