The Company Shares Shares With Akakon, Korea To Expand Infant Clothing Market.

Here world Clothing and shoes Xiaobian of the network introduced to everyone is the group of shares: shares of Korea Akbar, expand infant clothing market.

A wholly owned subsidiary of South Korea, Rhine and Korea, akkhon shares and the first largest tradable shareholder, Kim Xu, signed the memorandum of Akbar new shares and shares transfer. Rhine, South Korea, intends to allow Jin Xu to hold 4 million 272 thousand shares of akakon company's shares (15.257%), and intends to participate in akakon company's 4 million 200 thousand shares, which is expected to total 53 billion 460 million yuan (RMB 324 million yuan). After that, South Korea's Rhine will become the largest shareholder of Akbar. The company's acquisition funds come from self financing (up to 14 in the first half of the company's account cash 150 million), and the letter of intent is valid for 2 months.

Aka Bang: Korea Infant market Second brands, after participating in the stock market, made little contribution to the short term performance of Lantian. The main point was to expand the infant clothing market. U Akbar was founded in 1979. It is the first Korean company specializing in infant clothing and supplies. It mainly owns 0-4 children's clothing products, baby products, skin care products, toys and other children's growth products. It has 5 series of brands, and currently has 750 stores in Korea, and has opened more than 80 stores in China. In the 2013 year, the market share of Australia was 16%, ranking second.

In 2013, the income and net profit of the state were 1 billion 165 million and 14 million 830 thousand yuan respectively, the net interest rate was only 1%, and the profit level was not high; the income and net profit in the 14 months of 1-6 months were 420 million and -4253 yuan respectively, and were in a state of deficit. After joining the state of Akbar, he made little contribution to short-term performance, and the key is to expand the infant clothing market.

We analyzed that the birth rate of South Korea continued to decline (the birth rate of South Korea dropped from 9.6 per thousand in 2012 to 8.6 per thousand, the lowest since 1970), resulting in a shrinking market for infant products in Korea. From aka state to 16% in Korea, the development of Korean infant products market is more mature than that in China. The market share of the first children's clothing brand balbala is only 3%, and the infant market is at an earlier stage. Therefore, the development of this field in China is larger, and the relaxation of the second child policy also opens up space for the infant products market.

　　 The main business is still being adjusted to maintain a "neutral" rating.

High end Women's wear The industry started to adjust late, and is currently under the dual influence of anti-corruption and terminal slump. The company is still in the process of adjustment: it is expected that the extension will be a closed shop throughout the year; gross margin will steadily decrease in the context of discounted inventory, and the cost of shopping malls and terminal staff will be rigid, resulting in a high cost. To maintain 14-16 years EPS0.76, 0.82, 0.87 yuan, considering that the company is still in a period of adjustment, revenue decline, high costs, shares of akakon short-term contribution to the performance is not large, to maintain "neutral" rating.