Saturday's Write Off Of 25 Million 580 Thousand Yuan In Revenue

Late June 4th, local

Women's shoes brand Limited by Share Ltd announced on Saturday (hereinafter referred to as Saturday) that it intends to cancel the controlling shareholder of Dongguan Yaxing Shoes Co., Ltd. (hereinafter referred to as "Dongguan Yaxing").

Dongguan Yaxing business scope includes production and marketing.

Items such as category, shoe material, luggage products and import and export of goods.

Notice shows that in 2017, Dongguan Yaxing's operating income was 25 million 577 thousand and 500 yuan, and its net profit was -130.6 million yuan.

In a public announcement on Saturday, Dongguan's Yaxing, a cancellation shareholder, is a resource integration and optimization allocation based on the future overall development plan, which helps improve asset management efficiency and overall business efficiency.

Industry analysts said domestic women's shoes

Blind expansion, homogenization competition is more serious. On Saturday, the cancellation of Dongguan Yaxing's behavior is to avoid further loss of performance.

It is reported that on Saturday, it was listed on 2009. It is the first footwear company to be listed on A shares. At present, the company has its own brand such as ST&SAT and SAFIYA.

According to the 2017 financial report, the business income of 1 billion 504 million yuan was achieved in 2017, which increased by only 1.3% over the same period last year. The total profit was -3.25 billion yuan, a decrease of 1208.51% over the same period last year. The net profit attributable to shareholders of listed companies was -3.52 billion yuan, down 1789.31% from the same period last year.