Seven Wolves Are Either Insured Or Forced To Do So.

Recently,

It was announced that the Qianhai reinsurance Limited by Share Ltd was launched.

Although some analysts believe that the seven wolves are either insured or forced to do so, it is only one of their investment plans for the seven wolves, whose main business is weak in recent years, to invest in reinsurance companies.

Since 2015, the seven wolves have changed from pure industry to "industry + investment" strategy.

In order to change its fund-raising funds, it has participated in the establishment of seven wolf group financial company, Hua Yi Fashion Fund and Xiamen seven equity investment limited company.

The field of consumption and investment is booming, and financial products are purchased at the same time.

However, the seven wolves announced that they have been investing in the field for a year and have yet to achieve gratifying results.

Media reports said investors worried that the company could not make effective use of the funds previously invested in the main industry, which would harm the interests of investors.

In addition, seven wolves released a plan to buy over 300 million yuan stock at the beginning of this year, but in the end of the year, there were 9 announcements of regular announcements, and the repurchase has not yet been implemented.

In the short span of 20 days after the repurchase plan was announced, seven wolves gained nearly 30% gains, which not only won a big win in the market, but also performed well in the industry.

In April, the stock market has been in a state of sidetracking.

Since October, the market has rebounded rapidly. The stocks of modern Boulevard, good bird, Georges white, and nine herd are all rising sharply, but the increase of the seven wolves is only one digit.

In this regard, investors have tagging seven wolves on "story telling", "big talk" and "words and deeds".

For this reason, the reporter sent a telegram to seven wolves, and asked the staff to call the securities affairs representative, but the phone was never answered.

The main business is weak or insurant.

In December 7th, the seven wolves issued a public saying that they initiated the establishment of the Qianhai reinsurance Limited by Share Ltd and began to re engage in the reinsurance business.

The company has completed the registration of industrial and commercial development in December 5th and has obtained the "business license".

According to the world clothing and shoe net, Qianhai reinsurance is the first reinsurance company launched by China's first social capital leader.

Business scope includes property and accident insurance reinsurance, life and health insurance reinsurance business.

The company was founded by seven wolves, China Post Group, Shenzhen Qianhai Efficient Finance Holding Ltd and so on. The company received 3 billion yuan of capital, of which seven wolves invested 315 million yuan, accounting for 10.5% of the shareholding ratio. According to the proportion of investment, seven wolves ranked fifth among 7 shareholders.

The seven wolves said that they were involved in reinsurance business to optimize their operating structure and enhance their comprehensive competitiveness.

But some media reported that the seven wolves were also forced to do insurance.

In recent years, a large number of overseas and independent design brands have been coming into the garment industry, and online sales are becoming more and more developed. Consumers can be seen as "making eyes".

Affected by this, the domestic brand of traditional clothing is not very good.

The main business of the seven wolves has fallen sharply since 2013.

According to relevant data, net profit of seven wolves reached a peak after reaching 561 million yuan in 2012, and declined in the past three years.

In 2013, the net profit of seven wolves fell by 32.44% compared with the same period last year. This is the first time that the company has slipped since its listing. Then the net profit of 2014 and 2015 also declined year by year. Until the first half of this year, the net profit of seven wolves continued to decline by 5.63%. In the first three quarters of this year, there was only 174 million yuan, down 7.5%.

In addition, when the main garment industry is weak, the quality of the seven wolves has repeatedly problems.

Media reports say that in recent years, seven wolves have been on the quality blacklist, and several industrial and commercial bureaus and quality supervision bureaus have exposed their products several times, which has caused a great negative impact on their brand image.

Recently, the Beijing consumers' Association has conducted a comparative test on 30 samples of pull rod boxes, and the seven wolf brand pull rod box has also boarded the quality check blacklist.

In desperation, the seven wolf has changed from pure industry to "industry + investment" strategy since 2015, trying to shift the focus of its work to a completely different investment from its business.

Sideline industry continues to bring forth new ideas and embark on investment routes.

According to the world clothing and shoe net, investment reinsurance companies are not the first to invest in the pformation of seven wolves.

In 2012, the seven wolves announced a high-profile cooperation with Huayi Brothers (11.900, 0, 0.00%) to enter the cultural industry.

At that time, Zhou Shaoxiong, chairman of the seven wolves, said that cooperation with Huayi Brothers could be beneficial to the expansion of the seven wolves in the fashion industry.

Zhou Shaoxiong said: "cooperation with Huayi is also to cater to the trend of social culture, and we hope to be a fashion industry in our clothing industry. In fact, it is also a strong industrial trait with the cultural industry.

Therefore, through the cooperation of such a cultural industry as Huayi, we hope to be more fluent or more effective in the expression of culture and fashion expression.

According to the world clothing and shoe net, seven wolves have participated in the establishment of seven wolf group financial company, Hua Yi Fashion Fund, Xiamen seven equity investment limited and so on.

In June 2012, seven wolves raised 1 billion 760 million yuan, which was originally planned for marketing network optimization projects, and added 1200 flagship stores and franchisees. Since then, the net cash on the books of the seven wolves has been maintained at over 2 billion yuan.

However, as the garment industry has fallen to a low level, most of the money has not been invested in the original plan. Instead, it has been buying financial products from financial institutions such as banks, securities companies, Futures Company and so on. In the first three quarters of this year, net cash reached about 3000000000 yuan.

In October 2015, the seven wolves changed the investment of 1 billion yuan to raise funds, instead of investing in the establishment of a wholly owned subsidiary, Xiamen seven, hoping to find some new investment opportunities in the clothing industry and related fashion industry and retail consumption industry.

Retail industry expert Zhu Dan Peng believes that the way to invest is the last choice for the seven wolves.

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Zhu Danpeng said, "we can see seven wolves. The whole garment industry has experienced structural decline in recent years and changes in the entire consumption structure.

This is an inevitable stage in the post industrialization of China's economy.

Therefore, in this period, I think it can be considered if I enter into another industry for a top-level design innovation and his own business pformation and upgrading.

There is no substantial progress in investment in pition.

According to the investors' report, the benefits of buying financial products obviously made the seven wolves taste some sweetness, so they began to invest heavily and tried to gain more in this respect.

However, over the past year, the company's investment behavior seems to be "thundering and raining". At present, there is no concrete achievement and many projects have not made any progress.

The seven Xiamen company, a wholly owned subsidiary of the seven wolf investment, is still in the middle of 2016. As of June 30, 2016, the subsidiary has not yet invested practically.

In addition, the investment and reinsurance area of the seven wolves has been revealed in the second half of this year.

In September 27th, the company announced that it had completed its investment in the establishment of Qianhai reinsurance. Qianhai reinsurance total capital was 3 billion yuan, and the company invested 310 million yuan, accounting for only 0.5% of the shareholding.

But at present, there is no more progress and trend in the reinsurance industry in its published information.

The industry also said that "seven wolves cross the border into the reinsurance sector, which may be a drag on the company.

Management, talent, technology, knowledge and so on will be a short board for the development of enterprises with low relevance. The actual business problems will be much more than expected.

In addition to these, the seven wolves also tried to cooperate with the long collar investment, but in the end they did nothing.

In October 24th, seven wolves announced that the company plans to use its own capital to invest 29 million 900 thousand yuan to increase investment in long collar investment, subscribe for 1 million 300 thousand shares of its targeted issuance, or about 1% of the registered capital of long collar investment.

However, less than a month later, in November 16th, the seven wolves announced that, in view of the policy reasons of the SFC and the national share pfer system, the investment in the new three boards could not be completed within a short period of time, and the company decided to terminate the agreement with the investment.

Seven wolves announced that they had entered the investment field for over a year, and had not yet presented more results to investors. Some investors worried that the funds that the company had invested in the main industry before they could not be effectively utilized would hurt the interests of investors.

The repo program is told to tell stories.

According to the world clothing and shoe net, at the beginning of this year, seven wolves threw out a plan to buy shares less than 300 million yuan, which was passed by the shareholders' meeting in February 24th.

The seven wolves will buy shares of the company at a price not exceeding 12 yuan per share, and the total amount of the repurchase will not exceed 300 million yuan. The estimated share repurchase is about 25 million shares, accounting for 3.31% of the total share capital of the company.

According to the relevant regulations, the seven wolves need to announce progress regularly before the end of the buy back period. As of now, 9 copies have been disclosed, but each content is identical.

Regarding the reasons for the failure of the buyback plan, the seven wolves announced yesterday that since the adoption of the motion since the shareholders' meeting, the company planned a major suspension, made 4 financial reports, and conducted negotiations on the relevant investment projects, and said that the important thing is that the stock price tends to be stable.

For the above explanation of seven wolves, investors in the interactive platform ridicule said: "this is the most busy A shares listed companies, every day there are major events."

A fund manager of a private placement said: "the share repurchase program may be just a trick for seven wolves to hype the share price to boost the market value of the company."

According to statistics, the seven wolves gained nearly 30% gains in the short 20 days after the repurchase plan was disclosed, which not only won a big win in the market, but also performed well in the industry.

Perhaps it is because the buyback has not progressed, the market funds have forgotten this stock, so the seven wolves have been in a state of sidetracking after experiencing the rapid decline in April, especially since October, the market has rebounded rapidly, and the stocks of the same industry stocks of the modern Avenue, the wedding bird, the George White and the nine herd Wang have risen sharply, but the increase of the seven wolves is only one digit.

What is worth mentioning is that unlike most companies such as Vanke A, which failed to implement the buyback because of the "stock price higher than the repurchase limit", only one day in August 23rd, the intraday share price touched 12 yuan, and the rest were below the repurchase price.

In addition, the seven wolves announcement mentioned "planning major acquisitions", halted in the stock suspension for half a month, the acquisition of the target company has not been disclosed.

As of June 30th, the book money of seven wolves was 1 billion 317 million yuan, of which bank deposits amounted to 1 billion 264 million yuan, "so the reason why the company did not implement the buyback seems not to be short of money."

The above private analysts said.

For investors' questions, the reply of the seven wolves is only in one sentence, that is, the company issued a buy back plan, which does not mean that it will buy the shares of the company in the two level market. Even if the price of the repurchase determined by the plan is determined, the company may not implement the buyback in the two market.

The seven wolf's "arrogant" response has attracted many investors' dissatisfaction. The main point of the investors' focus is on the listed company's buyback plan, which is a kind of behavior that does not keep good faith. It also labels the seven wolves on the label of "telling stories", "saying big words" and "saying things differently".

More interesting reports, please pay attention to the world clothing shoes and hats net.