What'S The Next Step Of BUSEN Clothing'S Plan To Acquire Macaulay'S Equity? At Present, It Will Continue To Suspend Trading

On the evening of June 14, BUSEN, Zhejiang Province Clothes & Accessories Beijing Science and Technology Co., Ltd. will continue to issue a notice on the planned acquisition of all or part of the shares of Beijing Science and Technology Co., Ltd.

On the evening of June 14, Zhejiang BUSEN Clothing Co., Ltd. (hereinafter referred to as: BUSEN Co., Ltd., securities code: 002569) issued the announcement on planning for major asset restructuring and continued suspension of trading of the company's shares, which planned to purchase all or part of the equity of Beijing Macaulay Technology Co., Ltd.

Announcement shows that BUSEN stock is planning major asset restructuring, plans to purchase Xu Weidong, Weikai held Beijing All or part of Macquarie Technology Co., Ltd. is expected to trade at a price no less than 400 million yuan. At present, Xu Weidong and Wei Kai respectively hold 50% and 20% equity of the target company. The company's shares will continue to be suspended from June 15.

In recent years, BUSEN shares have been in a variety of troubles, first for the control right, and then five bank accounts have been frozen. After Zhao Chunxia was identified as the main shareholder of BUSEN shares in early January, Liu Jun, the actual controller of mango Taobao and Qingke venture capital, and their persons acting in concert decided to seek control of the company and repay small and medium-sized shareholders. The stock price fell frequently, and finally Liu Jun gave up seeking control; On June 5, BUSEN announced that five bank accounts of the company were frozen with a total capital of 18.8323 million yuan due to providing guarantee for the private loan dispute involving Xu Maodong, the former actual controller, and his subordinate companies. Affected by related lawsuits, BUSEN shares fell further. On June 8, trading of the company's shares was temporarily suspended due to the closing line of the shares pledged by the controlling shareholder.

In the first quarter of 2018, BUSEN still maintained its performance growth. According to the data, BUSEN's first quarter operating income was 126040272.09 yuan, an increase of 55.75% over the same period of last year; the net profit attributable to shareholders of listed companies also increased by 31.29% over the same period of last year, the largest increase since the company was listed. This has played a tonic for BUSEN shares, while enhancing the market's confidence in the future development of BUSEN shares.