2015 Clothing A Share Capital Market Dynamics Frequently

Dynamic 1: Overseas Investment

Semir apparel announced in April 20th that the company signed an investment agreement with ISE, a South Korean e-commerce service leader, in April 17th. The company subscribed to the 4509583 new common stock issued by ISE at the price of won 4435/ shares, or about 115 million yuan.

After the company's investment, it will account for 17.67% of ISE's shares and become the second largest shareholder of ISE.

On the evening of April 20th, the company announced that the company signed a letter of intent with Piramagen, S.L, and 11MAC11, S.L4 20. The company invested in THE BEST OF YOU SPORTS, S.A (referred to as "BOY") and plans to invest 20 million euros.

The main business of Spanish Company BOY is to provide management, marketing and professional athletes in Spain, especially professional athletes in professional football clubs.

Service.

Piramagen and 11MAC11 have shares in BOY 100%.

Commenting: the capital tentacles of garment enterprises are not only limited to the domestic market, but also more overseas. In the future, there will be more and more overseas investment cases of garment enterprises.

Dynamic two: Transit A shares

The Hong Kong stock listed company Fu Gu bird announced in April 16th that it was approved by the board of directors to apply for the listing of A shares on the Shanghai stock exchange or the Shenzhen stock exchange, so as to promote the company's operation and development needs.

On the date of this announcement, the company has not yet established the framework for the proposed issuance of A shares, nor has it applied to any regulatory authority in China or anywhere else to approve the issuance of A shares.

La Natsu Bell also announced in the evening of April 41st that the company has approved the application for issuing A shares to the China Securities Regulatory Commission, and has applied to the Shanghai stock exchange or the Shenzhen stock exchange to apply for the listing of A shares.

At present, the company has not yet determined the structure of the proposed A share issue.

Comment: with the popularity of the A share market and the change of the A share market policy, the return of Chinese enterprises to A shares has become an upsurge, which is closely related to the high valuations and higher concerns of the A share market.

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Dynamics three: reducing cash holdings

In the evening of April 15th, Smith Barney released the announcement of controlling shareholder's reduction. The controlling shareholder's investment in Chinese clothing reduced 50 million 550 thousand shares of the company's shares by total pactions, accounting for 5% of the total share capital, and the average reduction price was 22.39 yuan / share, with a reduction of about 1 billion 132 million yuan.

On the evening of April 21st, the announcement of the United States barrack dress re issued, the company received the notice of Huarun Shenzhen Shenzhen trust and Investment Co., Ltd. in April 20th. It was sponsored by Huarun Shen Guo Trust Co., Ltd. as the trustee, Huarun Shen Guo Ze Chai hee 6 single fund trust scheme, from April 1st to April 20th, adopted the Shenzhen Stock Exchange centralized auction system to reduce the 50 million 550 thousand shares of Smith Barney clothing, and the average reduction price was 17.66 yuan / share.

After this reduction, it no longer holds the United States apparel shares.

According to statistics, Chai hee 6 entered the 3 quarter of 2014 and became the third largest shareholder of the company.

Kaiser shares announced on April 20th evening that more than 5% of the company's shareholding shareholders, Zhuo Zhixin, had accumulated 18 million 221 thousand and 500 shares in the company's stock market through the trading system during the period of from April 9th to 16th, accounting for 4.67% of the total share capital of the company, with a reduction of 16.47 to 21.29 yuan.

After this reduction, Zhuo Zhixin Ying holds the company.

19 million 451 thousand and 700 shares, accounting for 4.99% of the total share capital of the company, do not belong to shareholders holding more than 5% of the company's shares.

Commenting: the performance of these two garment enterprises with high market concern is under pressure and is in the process of adjustment and pformation.

In the hot market, high market cash becomes a big probability event.

Dynamic four: the first listing

In the morning of April 22nd, the company was listed on the Shanghai Stock Exchange and opened to the market. It became the first A dress listed company in Shanghai in 2015.

In 2015, the first application of clothing companies such as women's baby products, underwear enterprises, Hui Jie group and Red Dragonfly Footwear industry has been approved recently.

Comment: this year, IPO has gradually increased speed and has been upgraded to two in January.

With the further advance of registration system, the window of A entry will be further enlarged.

Dynamic five: cooperative pformation

Roley's home textiles and peaceful and Thai announced in April 17th. The two sides signed a strategic cooperation agreement to jointly study and produce a series of smart home and family health products for the bedroom, and form a complete set of intelligent bedroom series of front and rear station detection, control and service equipment, and build service and manage the Internet big data system.

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Cooperation with harmony is not just about home textiles.

Meng Jie home textile April 24th announcement, the company signed a "smart bedroom strategic cooperation framework agreement" with "harmony" in April 23rd.

The two sides will carry out strategic cooperation in the series of smart bedroom products, big data management and operation, research and manufacture smart bedroom products with scientific, healthy and comfortable sleep as the core concept.

Commenting: three home textile enterprises have announced that they should pform to big home and create a large home life platform. The speed and width of clothing home textile enterprises and Internet + combination are faster than imagination.

Dynamic six: layout Mobile

In April 12th evening, the company's wholly owned subsidiary, Hongkong, will invest 7 million 500 thousand US dollars in Hifashion Group Inc.

After the investment is completed, the Hongkong subsidiary of the company will hold 765 thousand and 600 shares of Hifashion shares, accounting for 5% of its total share capital, and the two sides have signed an equity investment agreement in April 9th.

Statistics show that the core product of Hifashion is mobile APP "star Wardrobe".

On the day of 20th anniversary celebration (April 22nd), Smith Barney released the mobile APP - "fan" platform.

It is said that the platform will integrate the fashionable brands with global attitude towards life and create intelligent entrepreneurial tools.

Review: clothing enterprises in the future strategic plan, basically mentioned to increase the Internet resources, strengthen the channel integration, and mobile Internet is to open up the online and offline channel carrier.

Dynamics seven: partnership incentives

In April 2nd, George White announced that the company intends to jointly invest 31 core employees, including Zhang Xiong, the company staff, to set up Zhejiang Georges white school uniform Co., Ltd.

The initial registration capital of the school uniform company is 46 million 300 thousand yuan. Georges white company intends to pay RMB 20 million yuan in registered capital, and the source of funds is the company's own capital, accounting for 43.20% of the registered capital.

Meanwhile, it is reported that Busen shares are also open through the partnership mechanism.

School uniform tailored to create the advantage of school uniform

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In April 13th, Semir apparel said at its performance briefing that more than 40 employees have become the company's equity incentive targets before the listing. The company may set up a partnership system in the future, which will promote a wider range of incentives and create opportunities for employees to start their own businesses.

In April 14th, the Pathfinder issued a notice to further promote the development of the smart wearable business of the company. The company intends to jointly set up Beijing Wild Game Technology Co., Ltd. with the Beijing World Star Technology Co., Ltd., directors, senior management Peng Xin, Jiang Zhongfu and the other ten Pathfinder employees, with a registered capital of 5 million yuan.

The Pathfinder intends to invest 2 million 550 thousand yuan, accounting for 51% of the registered capital of the joint venture company.

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Commenting: expanding the scope and strength of equity incentives and retaining talents are important means for the pformation and development of garment enterprises. The combination and pformation of capital and management and organization is also an important trend and requirement for the future development of garment enterprises and even the whole industry.

Observation: the surging and vitality of industrial capital

With the popularity of the A share market and the further increase in the attractiveness of the A share market, the valuation of clothing listed companies, which are generally used as small and medium cap stocks, also rises with the rising tide, which has also increased the space and greater temptation for the operation of industrial capital.

Under such circumstances, capital movements such as mergers and acquisitions of apparel listed companies will become more frequent and show more ways, tricks and means.

What we are willing to believe and worth looking forward to is that the combination of industry and capital will enter a virtuous circle, telling the story and the pattern one by one, and achieving it step by step.

For the garment enterprises in the process of pformation and adjustment, the capital era is just right.

The clothing industry has provided a bigger stage, and the future of clothing enterprises and industries will be broad and even beyond imagination, which will be presented in the near future.