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    China Apparel Network Intends To Enter Gem Business Treasure Holding 19.62%

    2013/10/9 21:53:00 62

    GemBusiness TreasureChina Apparel Net

    < p > > a href= "http://news.sjfzxm.com/news/list.aspx Classid=101112107105" > China apparel net /a > the former largest shareholder, net Sheng business treasure (002095) recently announced that the original holding of more than half of the Chinese clothing net shares to 19.62%, the reduced shares were sold to the Chinese apparel network chairman Chen Xuejun as the representative of the management team and Zhejiang JiangHao Capital Venture Capital Co., Ltd. After restructuring, the shareholding structure of China's apparel network is as follows: China's apparel network management team accounts for 60.38%, Kun yuan venture capital accounts for 20%, and net Sheng business treasure accounts for 19.62%. < /p >
    < p > for the change of the stake in the Chinese apparel network, Sun Deliang, chairman of business treasure, admitted that the core resources of Internet companies are talents, especially the top management team. The 19.62% remaining shares will be dispatched in the form of equity incentive in the future, hoping to strengthen the management team to make the company stronger and bigger. The purpose of this reduction is to achieve a spin off listing. In order to pave the way for China's apparel network to enter the growth enterprise market, it is an inevitable choice to retire to two shareholders. < /p >
    Chen Xuejun, chairman of China apparel network, said in an interview with reporters that China apparel network has basically completed its strategic layout in the field of clothing e-commerce in China through various channels such as self construction and acquisition. Its clothing network has become the first third party service provider to successfully open up the upstream and downstream industry chain of clothing B2B2C in China. Chen Xuejun disclosed that the company has completed the management shareholding (< a href= "http://news.sjfzxm.com/news/list.aspx Classid=101112107107" > MBO < /a >). At present, the enterprise's revenue and scale have reached the requirements of the gem, and the company has met the listing conditions of the gem in terms of its revenue. In 2009, the total revenue of the enterprise exceeded 20 million yuan, of which the profit margin was above 35%. Following the equity restructuring, the company will choose the right time to start the landing plan. < /p >
    < p > the biggest shareholder of China apparel network, net Sheng business treasure (002095, SZ), issued a notice on 27, saying that more than half of the original holdings of Chinese apparel net were reduced to 19.62%, and the reduced shares were sold to the management team represented by Chen Xuejun, chairman of China apparel network and Zhejiang JiangHao Capital Venture Capital Co., Ltd. After restructuring, the ownership structure of China's apparel network is 60.38% of the company's management team, 20% of Kun yuan's venture capital, and 19.62% of its net business treasure. Sun Deliang a href= "http://news.sjfzxm.com/news/list.aspx Classid=101112107108" > business treasure < /a > chairman of the board of directors said that the spanfer of some equity is mainly to achieve equity incentive. < /p >
    < p > Chen Xuejun said that China apparel network has completed the restructuring plan of internal equity and corporate structure. After the completion of the equity restructuring, the company can then move on to the gem listing. At present, the company has met the listing conditions of the gem in terms of revenue. In 2009, the total revenue of the company exceeded 20 million yuan, of which the profit margin was above 35%. < /p >
    < p > China apparel network was founded in July 2001, and now has 500 thousand registered members. It is China's leading apparel industry e-commerce integrated service provider. < /p >
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