AOKANG Shares In The Lanting Pavilion To Build The Traditional Industry " Internet +" Strategy.

On the night of June 10th, Zhejiang

The footwear industry Limited by Share Ltd Announcements: the company intends to sell 24 million 550 thousand shares (including common stock and American Depositary Shares) of the global cross border e-commerce leading enterprises and the New York Stock Exchange listed companies in Hongkong in cash by means of cash in the form of subsidiary companies in the United States, which is 6.3 US dollars per share, including the common stock and the American depositary shares, accounting for 25.66% of the common stock issued by Lanting Pavilion, and the total paction consideration is 77 million 344 thousand and 500 dollars, equivalent to about 480 million yuan of the total price of the.

After the completion of the pferable share rights, the company will become its largest shareholder, but has not gained the actual control power of Lanting Pavilion.

Company stock resumed 11 days.

"The Lanting Pavilion has the leading Internet thinking, deep Internet technology accumulation and success.

Experience.

AOKANG's stake in the Lanting Pavilion is aimed at taking advantage of both sides' resources in the traditional industries and the Internet to create the "Internet plus" strategy of traditional industries.

At the same time, we hope to use AOKANG's cross border e-commerce platform to bring a series of excellent Chinese brands represented by AOKANG to global consumers, and use the Internet to create a global strategy for Chinese brands.

We are confident that this cooperation will bring greater vision and market opportunities to both sides, and provide a huge Internet driven innovation opportunity for the whole industry. "

Wang Zhentao, chairman of AOKANG international, said last night that "this investment is not only conducive to enhancing the overall competitiveness of the company, but also in line with the long-term strategic development needs of the company, in line with the interests of all shareholders."

AOKANG's interest in global cross-border electricity providers is not accidental.

According to the introduction, in 2009, AOKANG realized the vast space of e-commerce in the future, began to set up an e-commerce department, and set up an official online shopping platform. After that, the annual sales volume of e-commerce platform showed substantial growth.

Only in 2014, "double eleven" on the same day, AOKANG e-commerce platform sales amounted to billion yuan.

"We very much welcome AOKANG to become a strategic partner and important shareholder of the company.

With the development of global electricity providers, the vertical integration of industries will be the next major opportunity. AOKANG has deep understanding and strong strategic resources in related industries to the global supply chain upstream and downstream, as well as the Chinese consumer market. It provides a solid foundation for the integration of industries through the Internet, optimizing the allocation of resources, and improving the efficiency of the industrial chain.

Guo Quji, chairman and chief executive officer, said: "the world is flat, and the Lanting Pavilion will join hands with AOKANG to make use of two-way cross-border electricity providers to break the regional boundaries for more brands and achieve direct access to global customers."