Recently, Quanzhou Shoes And Clothing Enterprises Have Attracted Frequent Attention In The Market.

Recently, Quanzhou shoe and clothing enterprises have attracted frequent attention in the market.

The Limited by Share Ltd (hereinafter referred to as "nine herd king") issued a notice on the listing of corporate bonds (phase I) in 2016.

Sports brand

The sports announcement announced that its privatization agreement plan and related matters were voted on at the meeting of the court and the special shareholders' meeting that day, and the HKEx also released the corresponding information.

Signed the AND1 brand, won the brand as of June 30, 2047 in Greater China region manufacturing, distribution, promotion trademark licensing.

Nine Mu Wang raised 200 million of bonds, "blood enriching" to save themselves.

In October 20th, the local business casual men's clothing company nine herd Wang issued a notice on the listing of corporate bonds.

According to the announcement, the public offering of corporate bonds will be issued in installments in October 21st. The initial issue will be 200 million yuan, with a maturity of 3 years.

"The garment industry is in the stage of pformation and adjustment. Changes in consumer demand, business models and new technologies will change the competition pattern of the garment industry," said nine Mu Wang.

King Mu is in the stage of pformation and development, and the demand for capital is relatively large. The proceeds will be used to supplement the company's liquidity.

In the three quarter of 2016, the company reported that the company's operating income decreased by 3.7% compared with the same period last year. The net profit attributable to shareholders of the parent company was 312 million yuan, an increase of 13.01% over the same period last year.

At the same time, with the pformation of terminal retail integration strategy, nine Mu Wang accelerated to adjust and close the company's loss shop. As of September 30, 2016, the number of stores and terminal terminals of the nine Mu Wang was 2780 and 237 stores were closed.

Although net profit has increased, the cash flow generated by the operation of nine Mu Wang has decreased by 157 million 424 thousand and 500 yuan over the same period last year, a decrease of 38.43%.

The main reason is that the decrease in operating income during the reporting period caused the sale of goods and the reduced cash received from providing services.

PEAK will bid farewell to Hong Kong stock next month.

In October 19th, PEAK sports announced that the resolution on privatization of the company by the offeror Xu sports agreement has been approved.

PEAK sports will announce the cancellation of its listing status in the HKEx in November 1st this year and will take effect in November 2nd, which means that the privatization of PEAK sports has officially come into operation.

In May this year, PEAK sports announced the announcement of "changing the chief financial officer, the company secretary, the authorized representative and the agent of Hongkong receiving legal procedures and notices".

In July 26th, PEAK sports announced again that the offeror, Hsu sports, agreed to privatize the Peak Sport Products Co Limited through the agreement plan, and to exchange shares planned for HK $2.60 per share.

The planned shares include 927 million shares, accounting for 38.81% of the company's issued share capital, and the offer side Xu's sports are 40%, 30% and 30% respectively owned by Xu Jing Nan, Xu Zhihua and Xu Zhida. Xu Zhihua and Xu Zhida are both the founder and chairman of PEAK, Xu Jingnan's son, and also the executive director of PEAK.

In October 19th, PEAK sports announced that the resolution on privatization of the company by the offeror Xu sports agreement was approved by the court meeting on the same day.

In addition, in order to determine whether the planned shareholders are eligible for the rights under the scheme, the company will suspend the registration of share pfer from October 28th, and will not handle the pfer of shares during the period.

According to industry sources, the background of privatization subscribers came from several large state-owned securities companies, while PEAK's privatization of circulating shares amounted to more than HK $2 billion.

It is understood that Hsu sports did not occupy PEAK shares before, but the offer plan agreed to hold a 61.10% stake in PEAK sports.

The cost of the offeror is estimated to be between 2 billion 420 million and 2 billion 450 million Hong Kong dollars.

If privatization is successful, Hsu sports and its concerted action will hold 100% of PEAK sports.

Previously, PEAK CEO and executive director Xu Zhihua said that after privatization, "the company will be able to integrate resources more effectively, grasp opportunities for development, respond to industry challenges, and promote long-term development of the company".

At present, the agreement still has to wait for the last few conditions to come into effect, including the approval of the Grand Court of the Cayman Islands.

When all the conditions are met, the listing position of PEAK in HKEx is expected to be abolished in the afternoon of November 2nd.

PEAK sports landed on the Hong Kong Stock Exchange in 2009. It has been more than six years now. Besides PEAK sports, Quanzhou's listed sports brands include Anta, 361 degree, XTEP, and so on. Among them, only the birds are listed on A shares.

According to relevant data, as of October 19th, the closing price of PEAK sports is HK $2.53, which is equivalent to RMB 2.19 yuan at the spot exchange rate, with a total market value of HK $6 billion 45 million and a dynamic P / E ratio of 15.36 times.

At present, the dynamic price earnings ratio of A shares is 52.35 times.

Good bird sign AND1 brand

In October 12th, the AND1 signed the brand. The brand was authorized to manufacture, distribute and promote trademarks in Greater China as of June 30, 2047.

The company issued a notice that the company and its subsidiary, en Wan sports, are planning to sign the AND1 authorization agreement with Sequential Brands Group. The company will get the AND1 brand and manufacture, distribute and promote trademark authorization in Greater China as of June 30, 2047.

It is understood that the cooperation is divided into several cycles. Within each cycle, the bird will pay millions of dollars in the minimum guaranteed royalties.

Among them, the minimum authorized payment of $2 million 200 thousand before June 30, 2022 was paid in a different period of five years in the next 25 years, and the total authorized minimum payment was $26 million 37 thousand.

It is understood that the cooperation is divided into several cycles. Within each cycle, the bird will pay millions of dollars in the minimum guaranteed royalties.

Among them, the minimum authorized payment of $2 million 200 thousand before June 30, 2022 was paid in a different period of five years in the next 25 years, and the total authorized minimum payment was $26 million 37 thousand.

It is understood that AND1 is a well-known international production and sales professional in the vertical field of basketball, and has a high reputation in the American street basketball field.

The AND1 signed a brand name, which changed the company's long-term operation of a single brand situation, and achieved an important link in the "multi brand and multi-channel" layout.