Yao Junda, Founder Of Milan Station, Is Stepping Down As Chief Executive Officer.

< p style= "text-align: left >" Hongkong second-hand brand name retailer "a href=" http:// www.91se91.com/news/index_c.asp "> Milan station < /a > Holdings Limited announces that since July 11th, the founder a a" href= "" Yao Jun "has become the chief executive of the company, but has remained on the seat of the chairman and executive director of the company.

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< p > Milan station has appointed Cai Weiguo as chief executive officer.

Cai Weiguo was previously the chief executive of Hongkong a href= "http:// www.91se91.com/news/index_c.asp" > fashion brand "/a" InitialFashion Company Limited, and also the elder brother of Cai Weiji, general manager of China Station in Milan.

Milan station, Cai Weiguo, aged 44, has extensive experience in fashion and retailing, focusing on regulatory planning, operations, real estate, marketing and marketing in Hongkong and China, with an annual salary portfolio of HK $3 million 640 thousand.

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< p > in addition, the company sold 28 million 865 thousand share options to directors, chief executives and a number of staff members at a price of HK $0.616.

Among them, chairman Yao Junda and his younger brother, Yao Junwei, the managing director of the board of directors, respectively received 6 million 740 thousand share options, and Cai Weiguo received 3 million 900 thousand shares.

Yao Junda, who owns a 72.29% stake in Milan station under the name of the beautiful company limited, plans to sell the company at the end of last year, attracting three potential buyers, including the mainland luxury electric business Temple store, which is interested in acquiring backdoor listing by Milan station, but Milan station said in mid 5 this year that it had terminated all the potential sale discussions.

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The total revenue of Milan P in the 2013 fiscal year is HK $698 million, which is 3.2% higher than that of HK $676 million 400 thousand in the 2012 fiscal year. However, the deficit has increased to HK $37 million 520 thousand, a loss of HK $13 million 918 thousand over the previous year and a 169.6% share loss of HK $5.56.

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In the past fourth years, the Milan station has issued a profit warning for the past two years, less than P in June 26th. It indicated that the mid-term performance as expected in June 30, 2014 will be significantly higher than the same period last year, mainly due to the continued slowdown in the luxury handbag retail market in the first half of the year and the weakening of consumer sentiment.

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