Ruyi Group Acquired The Offer. Will China'S Largest Luxury Group Enter A Shares?

Limited by Share Ltd (002193.SZ) (hereinafter referred to as "Ruyi group") issued a notice on Tuesday, announcing its main shareholder.

The takeover offer of the limited company (hereinafter referred to as "Ruyi technology").

According to the announcement,

It intends to buy 30000000 Ruyi group shares at the price of 18.10 yuan per share (hereinafter referred to as "Yuan"), accounting for 11.46% of the total share capital of Ruyi group, and the paction price is 39.4% higher than the closing price of 12.98 yuan on Tuesday.

After completion of the paction, Ruyi technology holds the largest share of 40.99% of Ruyi group, while Qiu Yafu, the actual controller of Ruyi technology, holds up to 41% of the total share capital of the listed company.

Since 2016, Qiu Yafu's "Ruyi" series of companies, such as Ruyi technology and Ruyi fashion, has made a series of acquisitions in the global fashion industry, and has become the second Chinese mainland enterprises in the global luxury industry Top20.

At present, Ruyi technology owns about 51.3% of the SMCP SAS (SMCP.PA) of French light luxury group, and has the controlling power of 51.37% of Trinity Ltd. 0891.HK (0891.HK) Li Bang Holdings Limited, which is the only high-end menswear group in the Greater China group. The Italian fashion is the holding company of Ruyi technology, holding 53.49% of the controlling interest of Ruyi technology, and the majority of the shares of Qiu Yafu, 51% of the other 47 names, is 49%.

Prior to the offer of Ruyi technology to Ruyi group, Ruyi technology has already held 29.53% stake in Ruyi group, while Qiu Yafu holds 0.01% stake in Ruyi group.

Ruyi fashion, after buying Swiss luxury group Bally at the beginning of this year, has not yet made any new sales in the past six months, but it has triggered a strategic cooperation with the luxury electric provider Secoo Holding Limited Limited (NASDAQ:SECO).

Be careful.

Although Ruyi technology and Ruyi fashion brand have many cooperation with the domestic e-commerce platform, but at present, "Ruyi"

In the layout, only the company with the nature of the electricity supplier is absent, so the cooperation order is made.

Concerned about potential equity trading in the future.

Ruyi group said in a 14 day announcement that Ruyi technology did not continue to increase its stake in Ruyi group in the next 12 months, but did not rule out the possibility of continuing to increase its stake in Ruyi group based on market conditions and strategic arrangements.