Hundred Round Pants Industry To Explore Cross-Border Electricity Supplier

Since last year, the industry has launched cross-border business in the form of investment or acquisition. In July 2014, Hao invested 1 billion yuan to buy Tesco, and in February this year, he invested 12 million 240 thousand yuan in 7.5% yuan to invest in Qianhai Shenzhen pattoxon Network Technology Co., Ltd.

Hundred round pants industry announced that the company invested 90 million yuan through the way of capital investment to invest in cross-border electricity supplier big seller - Shenzhen Tong Tuo Technology Co., Ltd., the company will hold 9% equity interest in Tong Tuo technology.

According to the announcement, the price of this investment is calculated based on the income method. The net profit of Tong technology is expected to be 100 million yuan in 2015. According to the characteristics of the cross-border electricity supplier industry and the actual situation of the target company, the parties participating in this investment will set a price earnings ratio of 10 times for the investment of Tong tech, and the overall valuation of Tuo technology is 1 billion yuan. Based on the valuation, Hundred round trousers industry The shareholding ratio of the company is 9%, so the investment amount is 90 million yuan.

It is reported that the relevant shareholders of Tong technology extend to the hundred round pants industry and another investor Zhuhai security network. Merger Fund commitment, Tong Technology and related related enterprises in 2015 net profit of not less than 100 million yuan, Tong Technology in 2016, the net profit of not less than 200 million yuan; Tong Technology and related related enterprises 2015 annual operating income of not less than 1 billion 500 million yuan.

　　 Tong Tuo Technology At the present stage, it is a cross-border electricity supplier based on the pan supply chain and pan channel mode. It is committed to selling high-quality Chinese supply chain products to various parts of the world through eBay, Amazon, speed sell, Dunhuang network, Wish and TomTop own websites. Its main products include game accessories, computer accessories, mobile phone accessories, home, health and beauty, automotive accessories, photographic equipment, audio-visual videos, costumes, toys, outdoor and dozens of other categories.

In this regard, the industry said that the company's investment in Tong Tuo technology is to extend the company's strategic layout in the field of cross-border e-commerce and enhance the company's long-term competitiveness, which will help the company's long-term development and enhance its own windproof capabilities.