Semir Costumes: $70% Acquisition Of Yu Han Shanghai'S Equity

< p > Semir clothing announcements, the company signed an agreement with Hongkong Rui Zhi group limited in July 17th to acquire the 70% stake in Yu Han (Shanghai) Information Technology Co.

Yu Han Shanghai's operating income in 2013 was 2.5 times the basis of valuation, the paction price of 102 million 200 thousand yuan.

Through this acquisition, Semir clothing will officially enter the children's education and training market.

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< p > < strong > acquisition of Yu Han Shanghai 70% shares < /strong > < /p >

< p > > a href= "http://sjfzxm.com/news/index_f.asp" > Rui Zhi group < /a > was founded in 2004. Tak Tong capital, Warwick group, Chi Chi ventures and other investment institutions have 70% stake in Rui group, and the remaining 30% share is held by Liu Huiqin based company management.

Rui Zhi group holds 100% stake in Yu Han Shanghai, and is engaged in child education business in mainland China through Yu Han Shanghai and Yu Han Shanghai subsidiary.

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< p > Semir apparel said that in order to develop children's business, the company will pform children's product providers to integrate online, offline, product, education and cultural pmission to promote children's comprehensive one-stop service platform strategy. The company intends to purchase 70% stake in Yu Han Shanghai.

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< p > Yu Han Shanghai owns FasTracKids (genius baby), FasTracEnglish (little earth) two educational brands and related children's education business.

FasTracKids, founded in 1998, is a pre-school education institution with the aim of fully developing the potential of 3-6 year old children. Its headquarters is in the United States. Currently, it has more than 400 centers in more than 50 countries around the world, and is known as the leader in the field of preschool education all over the world.

FasTracEnglish children's English is the private brand of Yu Han Shanghai's integration of international resources. Now it has 12 teaching centers in 5 cities across the country.

As of December 31, 2013, the total assets of Yu Han Shanghai were 128 million 912 thousand and 600 yuan, net assets of 73 million 99 thousand and 300 yuan, and operating income of 58 million 652 thousand and 100 yuan in 2013 and net profit of 4 million 230 thousand and 800 yuan.

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< p > according to the agreement, Rui Zhi group agreed to pfer the 70% stake of Yu Han Shanghai's registered capital to the company. The pfer price of equity is 2.5 yuan of the 2013 year's revenue of Yu Han Shanghai as the valuation basis of this paction, which is 102 million 200 thousand yuan.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_z.asp > > /a > one-stop platform < /strong > /p >

Zheng Hongwei, deputy director of Semir clothing, told the China Securities Journal reporter that with the development of China's economy and family income, people pay more attention to children's education and training. China's children's education and training business has developed rapidly and has great growth prospects. P

Through this acquisition, the company will take advantage of Yu Han's brand and professional ability in Shanghai to integrate into its own channels, customers, management, capital and other resources to enter the children's education and training market, and carry out resource integration for China's children's education market.

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< p > industry insiders say that after years of operation, Semir apparel has successfully operated Barbara brand oriented children's clothing business and has won the leading position in the country.

The company has more than 3500 stores, about 5000000 VIP customers, and 400 full-time employees. It has obvious advantages in channels, customers, management capabilities, product development, supply chain resources, online and offline businesses.

Through the acquisition of 70% shares of Yu Han Shanghai, the company entered the children's education and training market, with the advantage of Yu Han's Shanghai brand and professional ability, combined with the resources of the company in channels, customers, management capabilities, capital strength and other resources to carry out the integration of resources for China's children's education market, helping to promote Yu Han's Shanghai to become China's leading child education enterprise.

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< p > Semir < a href= "http://sjfzxm.com/news/index_p.asp" > dress < /a > indicates that Future Ltd will continue to invest, merge and integrate resources in children's education, animation, film and television, games and other related industries, and build the company into a comprehensive one-stop service platform for children.

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