YOUNGOR Will Rely Heavily On Financial Investment In The Future

The group controlled hemp industry has been in power.

The hemp industry is planning to implement LIAN electronic backdoor listing through asset replacement, issuance of shares and payment of cash to purchase assets and a series of pactions to raise matching funds.

According to the report released by the hemp industry, after the completion of the paction, the influence of the supporting funds was not considered. The share of the first largest shareholder YOUNGOR group held by listed companies fell from 30.08% to 13.78%. Mr. Chen Wei controls 14.76% of the shares of the listed company through golden crown international, and Mr. Han Shenglong controls 10.96% of the shares of the listed company through Jiangxi Xinsheng.

According to the agreement of concerted action signed by Chen Wei and Han Shenglong, the two party will become the common actual controller of the listed company.

According to the world clothing and shoe net, in May 25th, YOUNGOR also issued a notice on the major asset reorganization of the joint venture hemp industry investment Limited by Share Ltd. It promised that after the reorganization was completed, the company would not seek joint control with other shareholders or control any other forms of hemp industry as a shareholder in the hemp industry.

Its original largest shareholder status and actual control rights have not been guaranteed since then.

LIAN electronics is a Sino foreign joint venture technology enterprise engaged in R & D, production and sale of optical lens and touch display components.

The traditional business of the production of hemp and hemp is a contrast between "new and old".

The operating data released by the hemp industry show that in 2012, 2013 and 2014, the operating income of the company was 395 million yuan, 429 million yuan and 402 million yuan respectively, and the net profit attributable to shareholders of the parent company after deducting non recurring gains and losses was 9 million 302 thousand and 300 yuan, 9 million 504 thousand and 100 yuan and 6 million 9 thousand and 200 yuan respectively.

Liu Jianxiu, senior advisor of CIC consultant, told reporters at the interface that the current domestic textile and garment industry as a whole

The environmental pressure is bigger, and has entered the new stage, such as the rigid rising of production cost, the aggravation of resources and environment constraints, and the change of market demand and consumption mode.

The company also called interlining and lining cloth is a long standing pillar business, but with the changing market demand of garment industry, its demand is gradually decreasing. Since 2006, the hemp business developed by the market has not reached the expectation of market promotion and market acceptance, and the lack of capacity utilization leads to poor profitability of the company.

In view of this, the main industry is weak and the prospects are not good enough to make the backdoor become the choice to reverse the declining trend. YOUNGOR's letting the actual controller position is also the long-term development needs of the listed companies.

Interface reporter recently contacted Liu Xinyu, YOUNGOR group's deputy director, she said on the phone that the company's investment action and all plans were based on the announcement, and did not disclose more details about the "letting go".

YOUNGOR group, which is engaged in textile and garment production, has been seeking a way out of diversified businesses for a long time.

As early as 1992, YOUNGOR began to enter the real estate business.

In 1999, YOUNGOR invested 320 million yuan to become one of the main sponsors of CITIC Securities until its successful listing.

Up to now, the company has formed three major business models of clothing, real estate and investment.

However, Liu Jianxiu believes that YOUNGOR's real estate business is not mature, "planning is not strong, the impact of the macroeconomic is more obvious. At the same time with the main real estate development business of Housing enterprises, YOUNGOR obviously lacks professional competitiveness."

He also said that YOUNGOR's cross industry investment is aimed at dispersing the risks of the current industry, increasing business profits and seeking new opportunities for development.

The 2014 annual report released by the company at the end of last month showed that the net profit of the company's investment business during the reporting period was 2 billion 425 million yuan, accounting for 76.68% of the total net profit.

In May 20th, at the 2014 annual general meeting held by YOUNGOR, the company made an annual summary of its investment sector's financial investment, PE and private equity investment and industrial investment business.

A shareholder at the shareholders' meeting said that Li Rucheng, chairman of YOUNGOR, answered the investment plan of the next 4 billion 500 million in detail, while the investment in the hemp industry, which was quite concerned by investors, was only suspended.

From time to time, the right of control or the number of orders to be sent out of the shell plan at that time.

Conference information shows that in order to bring sustained and stable returns to YOUNGOR in the investment business, in 2015, the company will continue to uphold the prudent and prudent principle, make structural adjustments to the financial assets held by the company, and constantly improve the company's strategic investment layout, and strive to build a financial holding platform.

In terms of industrial investment, the company intends to explore investment opportunities for the big health industry, while exploring profitable growth points, and mining the direction and opportunities for the future industrial pformation of the company.

Obviously, YOUNGOR has gained experience in financial investment and is still exploring the stage of industrial investment.

The annual report shows that in 2014, YOUNGOR owned Luzhou Laojiao, labor first, Zhongjin gold, Shennong development, Yunnan Tian Hua, Dongfang zirconium industry and Shanxi coal international shares have all cleared up and shifted to centralized purchase or holdings of CITIC shares, Xinhua insurance, China Ping An, Guoxin certificate, CITIC Securities and other financial listed companies.

Combined with YOUNGOR's equity investment action last year, it is easy to find that the industry has been tightened and the investment focus continues to shift to the financial sector.

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