ABC Parent Company Takes Zhui Technology Children'S Wear Market Is Growing Rapidly.

In the evening of May 8th, the ABC parent company of the famous local children's clothing brand started the Limited by Share Ltd (hereinafter referred to as "starting shares").

The company intends to buy shares of Liu Zhiheng, Ma Xiuping, Shenzhen Changyu and Longyan Hao Jia jointly owned by Zhui technology 88.5714% by issuing shares, convertible bonds and cash.

Analysts believe that the start of the acquisition of shares of Zhui technology will expand foreign sales channels, thickening profit levels, Zhui technology also promised that the net profit of 2019-2020 years is not less than 150 million yuan and 200 million yuan.

As of 2017, 2018 and the first quarter of 2019, Zhui technology achieved revenues of:

RMB 1 billion 756 million yuan, 1 billion 755 million yuan, 530 million yuan, net profit is 76 million 153 thousand and 400 yuan, 74 million 390 thousand and 700 yuan, 17 million 553 thousand and 100 yuan respectively.

After the initial shares are applied to the Shanghai stock exchange, the company's stock will resume trading from May 9, 2019.

Public information shows that the initial shares are well-known brand operators in the domestic children's industry, mainly engaged in the design, research, development, production and sale of children's shoes, children's clothing and children's clothing accessories.

We are committed to providing children with 3-13 years of age with a wide range of styles and styles.

At present, the company's "ABC KIDS" is a well-known brand of children's clothing in China. Children's clothing products include T-shirts, trousers, sweaters, skirts, jackets, down garments, etc.

Children's shoes include sports shoes, leather shoes, cloth shoes and so on. At the same time, the company has independently developed multi-functional children's shoes, such as shock absorption, odour prevention and waterproofing. The rich product line can provide consumers with one-stop shopping and full category shopping for children's clothing.

To sum up, with the rapid development of China's economy and the further increase of household income, the consumption demand of children's clothing market in China has changed from the practicality of basic life in the past to the pursuit of fashion and technology comfort.

The rapid growth of children's clothing market is particularly bright. It has become a new growth field in the development of the clothing industry.

According to statistics of Euromonitor Passport database, the top 10 brand market share of Chinese children's shoes market was 15.20% in 2018, while the market share of ABC KIDS reached 3.6%, ranking the first place in children's shoes market.

As of 2018, ABC KIDS has been awarded the 500 most valuable brand in China for 8 consecutive years, and won the "China brand annual award" - the first place in China's children's wear industry.

"This is the inevitable result of ABC KIDS's increasing R & D investment, quality improvement and brand asset accumulation over the years," said Qi Xiaoqiu, President of ABC KIDS.

In the future, ABC KIDS will provide Chinese children with a richer, more innovative and more advanced technology of shoes and clothing products, and integrate the healthy development of caring children into every family.

"Enter the ABC KIDS brand center.