Hui Jie Shares Intends To Invest 42 Million Yuan To Set Up Jiangxi Eaves Subsidiary.

June 4th - Hui Jie shares (002763) announced in the evening that the company's wholly owned subsidiary, Jiangxi man Nim Finland Garment Co., Ltd. ("Jiangxi man") signed an investment agreement with the Ganzhou Yipin business management center (referred to as "Yipin business"). The two sides will jointly invest in the establishment of "Jiangxi eaves Garments Co., Ltd." (hereinafter referred to as "Jiangxi eaves", the specific name is approved by industry and Commerce).

According to the announcement, the registered capital of Jiangxi's Yves is planned to be 20 million yuan, and Jiangxi's will invest 42 million yuan in currency, including 14 million yuan in registered capital, 28 million yuan in capital reserve, and 70% stake; epin business invested 18 million yuan in currency, including 6 million yuan in the registered capital of the company, 12 million yuan in the company's capital reserves and a shareholding ratio of 30%. Both sides are funded by legal self financing, and Jiangxi eaves will be mainly engaged in the production, processing and marketing business of underwear, needles, textiles and shoes and hats.

Hui Jie shares said that after the establishment of Jiangxi eaves, the business and personnel of the company's Department of business will gradually be transferred to the company. Yipin business will undertake the loss and share profits of the target company together with Jiangxi's company in accordance with the law and investment agreement. At the same time, the transformation of the business unit into the company system will be conducive to the internal management of the Department, giving full play to the creativity of the team members and promoting the faster development of the brand.