Can "Side Feed" Of Sideline Become A Life-Saving Straw For Enterprises?

Industry has not subsided in winter, shoes and clothing enterprises increasingly reduce the size of the main industry, the main operation sideline.

In physical retailing

In today's general downturn, can the "back feed" of the sideline become a life-saving straw for enterprises?

First quarter investment profit 1 billion 300 million

YOUNGOR, famous for its men's clothing, has now formed a new pattern of textile clothing, equity investment and real estate.

Obviously, in the overall downturn of the apparel industry, YOUNGOR is seeking new growth points through various ways.

In the first half of this year, YOUNGOR realized operating income of 8 billion 667 million yuan, down 0.53% from the same period last year, and realized net profit of 3 billion 71 million yuan, an increase of 5.78% over the same period last year.

Beijing Business Daily reporter noted that compared to investment and hot real estate business, clothing business has become a "drag".

In the first half of this year, the apparel sector achieved a revenue of 2 billion 214 million yuan, a decrease of 7.2% compared with the same period last year. The real estate development business achieved 6 billion 345 million yuan of business income, an increase of 2.29% over the same period last year, and the investment income of investment business reached 2 billion 376 million yuan, an increase of 26.39% over the same period last year, achieving a net profit of 1 billion 390 million yuan, a decrease of 28.7% over the same period last year.

In the first quarter earnings report released in April this year, YOUNGOR revealed that during the reporting period, YOUNGOR's strategic investment and financial investments included CITIC shares, Bank of Ningbo, LIAN electronics, Shanghai Pudong Development Bank, Guang Bo share, Jin Zhengda and venture software 7 listed companies, with a total investment cost of 22 billion 170 million yuan.

In the first 6 months of this year, YOUNGOR's investment sector contributed steadily to profitability. In the first half of this year, the net profit of the company's investment business was 1 billion 390 million yuan, of which the change of LIAN's electronic accounting method resulted in an investment income of 1 billion 242 million yuan.

In order to continue the "financial investment to industrial investment pformation" strategy, YOUNGOR's net foreign equity investment in the first half of was 54 million 832 thousand and 700 yuan, including investment in Jiangxi LIAN Silicon Valley paradise integrated circuit industry fund partnership and the increase of Bank of Hong Kong.

Posture: Medical Beauty

Net profit is expected to be 25 million in 2016.

Although the main business of Limited by Share Ltd is still the design, production and sale of branded women's clothing, it can not prevent the group from stepping into the medical beauty industry.

Under the influence of the overall downturn in the retail industry, its business income in the first half of this year was 473 million yuan, a decrease of 16.98% over the same period last year, and net profit of 38 million 400 thousand yuan, down 11.25% from the same period last year.

The group has closed some of its losses and inefficient shops, and will continue to develop a "Pan fashion industry interconnected ecosystem" dominated by clothing, baby, cosmetics and medical beauty.

Last year, after the merger of the Korean cosmetic beauty group into the medical beauty service industry, the pace of expansion this year accelerated.

In April this year, he took the strategic investment in South Korea's famous American medicine dream group. In June 14th of this year, the Sichuan stock company, through its own capital, intends to acquire 63.49% stake in Milan Bai Yu medical beauty hospital limited, and 70% shares of 5 companies in Milan, Shenzhen, Milan, Sichuan, Xi'an, China, Changsha, and Chongqing. Altogether it costs 327 million 200 thousand yuan.

In August, he announced that he would invest 1 billion yuan, and the total amount of public offering would be no more than 822 million yuan to build a medical beauty service network. 3 comprehensive medical beauty hospitals will be set up in the first two cities in the next two years, and 30 medical beauty clinics or out-patient clinics will be set up in the first tier cities and other developed cities in the same period.

He believes that the company has high-end clothing, 100 thousand VIP customers, and a consumer group of 23-40 years old. This is consistent with the target customers of medical beauty, and can conduct diversion.

He looks very confident in the business of medical beauty.

The 2016-2018 net profit of 6 medical institutions is no less than 25 million yuan, 30 million yuan and 36 million yuan respectively.

Shan Shan: exclusive lithium battery

Annual income 3 billion 400 million

On the extent of "cross-border", I'm afraid that the Limited by Share Ltd of Shanshan can get the top priority.

The Chinese fir has started up with clothing, but now it has been playing in the field of lithium ion batteries.

Shanshan Securities Daily reported that the company achieved operating income of 2 billion 154 million yuan in the first half of this year, an increase of 15.16% over the same period, of which net profit was 209 million yuan, down 65.72% from the same period last year.

During the reporting period, the main business income of garment business was 240 million yuan, down 20.54% compared with the same period last year. Net profit attributable to shareholders of listed companies was 23 million 430 thousand and 500 yuan, up 263.21% over the same period last year.

Shan Shan said that the net profit was reduced due to the sale of some of the shares of the Ningbo Bank of the sale of financial assets in the same period last year, resulting in an investment of 610 million yuan (including tax).

Shanshan Group was not optimistic when it entered the field of new materials 15 years ago. Today, the group has become a giant in the lithium battery industry.

In order to focus on making lithium battery business, Shanshan shares divested its clothing business in May this year, and changed its name to Shanshan brand operation Limited by Share Ltd to apply for listing in Hong Kong.

At present, Shanshan Brand Company has completed the reorganization of assets, and the garment business after regrouping mainly includes Shanshan clothing brand business and other brand businesses.

Shanshan science and technology last year achieved 40613 tons of lithium-ion battery materials for the whole year, up 46.28% from the same period last year, and realized the main business income of 3 billion 400 million yuan, an increase of 41.66% over the same period last year. The net profit of the shareholders belonging to the listed company was 99 million 970 thousand yuan, up 28% over the same period last year.

In addition, Shanshan stock is also focusing on the layout of the new energy industry chain.

Shanshan shares are negotiating the purchase of a 30% stake in the global lithium giant Chile chemical mineral company SQM, which will exceed US $1 billion 500 million at current market prices.

Analysts believe that the power lithium material is to enter the new energy vehicle project.

AOKANG: stake in cross-border electricity supplier

Huge losses in investment losses

The macroeconomic downturn, consumer perception, consumer attitudes and the impact of the Internet economy have made domestic shoe and clothing enterprises more and more unhappy.

Zhejiang AOKANG shoe Limited by Share Ltd announced in June last year that 480 million yuan stake in cross-border electricity supplier Lanting Pavilion holdings limited liability company, and strive to cross-border electricity providers.

At that time, the pfer price of AOKANG ADS was $6.3 per share, and AOKANG became the largest shareholder in Lanting Pavilion.

AOKANG believes that the acquisition of Lanting Pavilion is an important measure for the company's strategic pformation.

AOKANG chairman Wang Zhentao has said that the acquisition can take advantage of both sides in the traditional industries and Internet resources to create a traditional industry "Internet +" strategy.

At the same time, he can develop globally through the integration of Lanting Pavilion.

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However, the good times are not long, and the stock price of Lanting Pavilion has continued to decline due to factors such as general stock market fall.

As of last September 27th, AOKANG's trading deficit has reached 267 million yuan.

In March of this year, the drow group of Hubei subscribed 30% stake in the Lanting Pavilion market with the agreement of 497 million yuan, instead of AOKANG international, becoming the largest shareholder of Lanting Pavilion.

According to public data, as of March 16th this year, the stock price of Lanting Pavilion has fallen nearly 60%, and AOKANG international has lost a lot of money.

AOKANG international recently released the first half of the financial report shows that after the largest shareholder position was replaced, AOKANG's stock loss reduction amounted to 5 million 956 thousand yuan.

During the reporting period, AOKANG realized net profit of 212 million yuan, down 3.06% compared to the same period last year. The company achieved operating income of 1 billion 602 million yuan, down 1.51% compared to the same period last year.

AOKANG insiders say the group's investment target in Lanting Pavilion has turned to capital investment.