Hinur Is In Deep Crisis: The Restructuring Of Up To 11 Billion Yuan

According to the April 23rd announcement, because of changes in the market and industry environment, the two sides have not reached an agreement on the future development strategy of the company. The company has decided to terminate the restructuring of the company with a magnitude of up to 11 billion yuan.

It is worth noting that Hinur's second shareholder Huaxia life has carried out a substantial reduction in the previous month, pferring the total 55 million shares to a price higher than the two market price of about 8%, and a total cash of 840 million yuan.

At that time, it was the period of suspension.

Hinur's high hopes for billions of assets reorganization, after experiencing the bombing of up to 27 problems in the Shenzhen Stock Exchange, finally regretted "abortion".

In recent years, the main business of suit making industry has been depressed, and in recent years, it has no choice but to close the shop.

Hinur announced that due to changes in the current market environment, the two sides did not reach agreement on the company's future development strategy and other matters. In order to effectively protect the interests of all shareholders, decided to terminate the reorganization of the Internet.

This means that since the suspension in September last year, shinnold's 8 months of hard work has been lost. At the same time, it also throws a more realistic problem: what is the way out of the current expansion of the clothing industry?

Last September,

Due to planning a major asset reorganization suspension, at the end of December issued a restructuring plan, through the issue of shares and cash payment to buy Xinghe and other 20 Kashi trading objects held by Xinghe 100% stake, the total amount of pactions up to 11 billion yuan.

At the same time, Hinur also plans to raise 6 billion 910 million yuan to the 10 investors including major shareholders with the same issue price.

At that time, Hinur positioned starriver Internet as "Internet joint venture platform", and its vision is to become the driving force of China's Internet industry.

Announcement said, Xinghe Internet has created a large number of Internet Co, mainly located in digital entertainment, O2O, big data, mobile media and other subdivision of the Internet field, and is actively expanding.

And business, big data and cloud computing, intelligent equipment and other areas of the creation of projects.

Its business model is through rapid invention, discovery and identification worldwide.

At the early stage, the excellent creativity and mode, with the founder's identity, ensure that each commercialization project creates an independent business entity, and matches the first-class entrepreneurial execution team with item company through the big data system and related external resources.

Financial data show that as of October 31, 2015, the total assets of Xinghe interconnection amounted to 3 billion 762 million yuan, attributable to the parent company's owner's equity of 3 billion 308 million yuan.

The net profit attributable to parent companies in 2013, 2014 and 1 to October 2015 was 154 million yuan, 488 million yuan and 464 million yuan respectively.

In terms of performance commitments, the amount of money given by Xinghe interconnected shareholders is astonishing, and promises that the net profit of the Xinghe interconnection from 2016 to 2018 will be no less than 1 billion 50 million yuan, 1 billion 400 million yuan and 1 billion 700 million yuan, respectively, after deducting non recurring gains and losses.

This is a loss of 46 million 590 thousand yuan in 2014. In 2015, only 22 million 586 thousand yuan realized that it was an amazing leap to another day.