Pathfinder Is Committed To Building Ice And Snow Projects.

Recently,

Revealed that the company attaches great importance to Beijing's bid for the 2022 Winter Olympic Games to bring good opportunities for outdoor and related industries. At present, ice and snow related product planning has been one of the future important product lines of the company, and will strive to grasp the future development opportunities through investment and integration of resources.

Pathfinder outdoor products

Organization outsourcing production and sales.

The bid for the 2022 Winter Olympic Games will be settled. The successful bid of Beijing and Hebei of China will lead to large-scale investment related to winter sports and will have a huge impact on China's economic, social and capital markets.

Prior to this, the State Council promulgated the "accelerating development".

China's sports industry will usher in 5 trillion of the historical development opportunities, and the average annual growth rate of the industry will reach more than 20%.

China's outdoor products industry will take the opportunity of the sports reform policy and the Winter Olympic Games, and bring about the new wave of high-speed development with the help of outdoor crowd and outdoor consumption.

Related links:

In the good performance of the increase, Shandong Ruyi will take advantage of high-quality related assets into the scope of listed companies.

Recently, Shandong Ruyi announcement said that the price of no less than 9.14 yuan / share will be increased to no more than 230 million shares, not more than 230 million shares, and no more than 2 billion 1 million yuan will be raised to more than 10 specific objects, including the company affiliated party Shandong Ruyi science and technology Group Limited (hereinafter referred to as "Ruyi technology").

"After this non-public offering, the business scope of the company will extend from simple clothing production to garment processing and manufacturing."

With the company's performance increasing and the performance of the same industry generally unsatisfactory, Shandong's performance after the injection of high-quality assets is worth looking forward to.

Reporter statistics found that in the A shares have disclosed the results of the 34 listed companies in the textile industry, Shandong Ruyi last year's growth rate reached 360%, second only to Hai Lan's home.

The announcement shows that in Shandong, 2 billion 1 million yuan of fund-raising funds, 661 million yuan for the acquisition of related companies Ruyi technology clothing assets, Jining Ruyi Investment Co., Ltd. (hereinafter referred to as "Ruyi investment") under the Tai'an Ruyi 100% stake, Wenzhou Zhuang Ji Clothing Co., Ltd. (hereinafter referred to as "Wenzhou Chuang Ji") 51% equity, 839 million yuan for the construction of Ruyi spinning high-grade worsted fabric projects, research projects and Ruyi spinning 2 million sets of high-end suits, the remaining funds used to repay bank loans.

Before this issue, Ruyi investment held 53.33% stake in Ruyi technology, and Ruyi technology owns 52.01% stake in Shandong Ruyi controlling shareholder's wool textile group. Ruyi technology and Ruyi investment are all related parties.

Among them, the number of shares subscribed by TG is not less than 10% of the total amount of the non public issue, and the shares subscribed shall not be pferred within 36 months from the date of the end of the issue.

Reporters noted that Ruyi science and technology clothing assets, Wenzhou Zhuang Ji and Tai'an as Ruyi related parties in Shandong, mainly engaged in the production of wool textile clothing, and the existing business of listed companies has formed a downstream relationship, there is a related paction of worsted and woolen purchase and sale business. With the expansion of garment production scale, the amount of related pactions with the listed companies will further increase.

After the completion of the non-public offering, all of the above assets entered the listed companies to eliminate related pactions.

Before the issue, Shandong Ruyi actual controller Qiu YV directly held 0.0235% of the total share capital of the company, and its controlled wool textile group and Ruyi import and export held 26.29% and 2.94% of the total share capital respectively.

Qiu Yafu shares 46 million 800 thousand shares directly and indirectly, accounting for 29.25% of the total share capital of the company.

Reporters noted that since the issuance of the "addition to the technology beyond the limit of the number of subscribed shares to 38 million shares," the conditions for the release, so after the completion of the issue, if the upper limit and the lower limit of Ruyi technology subscription, Qiu Yafu still indirectly holds 17.9% stake in the company, other investors holding no more than 10%, Qiu Yafu is still Shandong Ruyi actual controller.