Seven Wolves Set Up Financial Companies For Pformation And Upgrading

< p > > the world's < a href= "http://www.91se91.com/" target= "_blank" > clothing < /a > a href= "http://www.91se91.com/" target= "http://www.91se91.com/" > shoes > hat net, Xiaobian, to introduce the seven wolves to set up 300 million yuan to set up a financial company to help the company upgrade and upgrade.

< p > last month, after the opening of the small loan company established by Fujian seven wolves industrial Limited by Share Ltd (the seven wolves shares), recently, the seven wolf company announced that it was going to jointly set up a finance company with the controlling shareholder Fujian Fujian wolf Group Co., Ltd. (referred to as the seven wolf group), with a registered capital of 300 million yuan. At present, the project will have to wait for the approval of the CBRC.

It is reported that if approved successfully, it will become the first private enterprise group finance company in Fujian province.

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< p > < strong > seven wolves set up finance company < /strong > /p >

< p > recently, < a href= "http://www.91se91.com/news/index_c.asp" > seven wolves < /a > shares issued related pactions announcement that it intends to jointly set up a financial company with the controlling shareholder of the seven wolf group, with a registered capital of 300 million yuan.

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< p > the specific investment situation is: the seven wolf group invested 195 million yuan, accounting for 65% of the registered capital; the seven wolf share contributed 105 million yuan, accounting for 35% of the registered capital.

All are invested in money.

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< p > the financial company's business scope includes the handling of financial and financing consultants, credit authentication and related consultancy and agency business; assisting member units to realize payment of pactions; authorized insurance agency business; providing guarantee to member units; entrusted loans and entrusted investment among member units; handling acceptance and discounting of member's units; handling internal pfer accounts and corresponding settlement and liquidation plan among member units; absorbing deposits from member units; lending and financing leasing to member units; engaging in interbank borrowing.

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< p > announcement said that the company is in an important period of pformation and upgrading. How to cope with the challenges brought by weak external environment to the company and the upstream and downstream businesses is very important.

The establishment of this financial company is conducive to optimizing the allocation of funds, saving capital costs, improving the efficiency of capital utilization, further widening the financing channels, creating the integration effect of industry and finance, and enhancing the overall risk resisting ability of the apparel industry chain, which is in line with the strategic development requirements of the company.

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< p > Wu Xingqun, secretary and deputy general manager of Fujian seven wolves industrial Limited by Share Ltd, said that its significance is equivalent to the "quasi bank" within the enterprise. It will strengthen the linkage of hundreds of companies including the marketing companies, franchisees and accessories suppliers, reduce the financing cost of the upstream and downstream enterprises, adjust the surplus and deficiency of the main business funds, and grasp the opportunity to optimize the profit of the capital. This is also a powerful attempt for the private enterprises to enter the financial industry under the background of Quanzhou gold reform.

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Wu Xingqun also said that the company's capital flow was abundant. The first quarter of 2014 showed that the total amount of monetary funds at the end of the report was about 2 billion 376 million, accounting for 35% of the total assets, accounting for 50% of the net assets. However, the problem of imbalance in the funds among the members of the group was quite prominent, and the business development of some enterprises needed larger credit capital investment.

Against this background, it is an inevitable choice and effective way for seven wolves to set up financial companies.

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< p > < strong > "integration of industry and finance" to plan a new pattern < /strong > < /p >

< p > for the establishment of the seven wolf company, Ni Zhongsen, chairman of Hengrun international capital, believes that the seven wolves' path of "integration of industry and finance" is a major breakthrough in the new situation.

By setting up a financial company, it can significantly improve the settlement efficiency of the members of the group, speed up capital turnover, and effectively collect idle funds for financial management.

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< p > in fact, the combination of industry and finance is quite common in large domestic enterprises, especially in state-owned enterprises, but it has not yet been established in private enterprises.

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< p > seven wolves in Quanzhou private enterprises, in addition to brand strength, known for investment.

In 2008, Zhou brothers completed the parallel layout of "industry and investment" of the "three carriages", of which seven wolves share their main business in the clothing industry of the listed companies, and the seven wolves invested mainly in strategic investment and financial management. The seven wolf group was stationed in the base camp to integrate resources. The latter two companies could be regarded as the assets of the brothers and family members. After 2008, they were focused on by Zhou Yongwei, the elder brother of Chou's three brothers.

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< p > the seven wolves group, which is controlled by 65% of the capital stock of seven wolves, is not only the largest shareholder of the seven wolves shares, but also the platform for the seven wolf brand to try other diversified investments. The seven wolf group, which has the role of "parent company", has become famous for its investment in Xingyi bank, and has become a typical masterpiece for private entrepreneurs to make equity investments.

In the field of investment, the group has made great achievements. In addition to Societe Generale, it also invested in Everbright Bank, Chongqing agricultural commercial bank and plum umbrella (renamed "Tour Network" after the reorganization of assets). In the list of shareholders of Guotai Junan recently disclosed by IPO, seven wolves were also listed, holding a total of 5 million shares.

In addition, the group also set up real estate, PE, microfinance, guarantee business and so on.

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The difference between P and investment business is that the growth of the main business of the seven wolves shares is weak.

Last year, in the overall downturn of the industry, the seven wolves shares fell for the first time in the tenth years of their listing, and their revenues and profits fell by more than 20% over the same period last year.

When asked whether the company would invest in the future, Wu Xingqun denied it.

He said that clothing will still be the main business of the seven wolves. This is also the brand support of the seven wolves, making the clothing business bigger and stronger and heading for the international market. This is the ideal of the seven wolves.

He emphasized that the scope of operation of financial companies involves only the upstream and downstream businesses of the seven wolves clothing industry chain, and has nothing to do with real estate, small loans and other businesses.

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< p > Wu Xingqun also said that the establishment of the "a href=" http://www.91se91.com/news/index_cj.asp "financial company" /a "means that the capital water conservation entity will be realized and the integration of industry and finance will be realized. He also confidently believes that the clothing business of the seven wolves will come out of the adjustment period this year, and the whole industry will get better.

(China shoes net - the most authoritative and professional shoe business information center.

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