Semir Shareholders Reduce 135 Million Shares Of Founder Family Continued To Reduce Holdings Questioned
Recently, the changes in the ownership of domestic casual wear and children's clothing giant Zhejiang Semir dress Limited by Share Ltd (hereinafter referred to as Semir dress) have aroused widespread concern and discussion in the market.
Semir apparel shareholders reduce their holdings by 135 million shares
Semir clothing recently announced that the company recently received the letter signed by Qiu Yanfang, its shareholder, on signing the "share pfer agreement", indicating that she signed the share pfer agreement with Wang Yaohai on May 31, 2019.
Statistics show that Wang Yaohai is the actual controller of OPPLE lighting Limited by Share Ltd.
According to the agreement, Qiu Yanfang pferred the agreement of 135 million shares of 5% of the total share capital of the company to Wang Yaohai.
After consultation, the price of the proposed share pfer is 9.69 yuan per share and the total pfer price is 1 billion 308 million yuan.
After this change, Qiu Yanfang still holds 169 million shares of Semir clothing shares, accounting for 6.26% of the total share capital of the company; Wang Yaohai holds 135 million shares of Semir clothing, accounting for 5% of the total share capital of the company, and has become more than 5% shareholders of the company.
Although the changes in interest rights did not lead to changes in Semir apparel controlling shareholders, real controllers and their concerted actions, such a large reduction and assignment still caused concern and heated debate.
Past information shows that Qiu Guang, founder and chairman of Semir group, and Qiu Yanfang are the father daughter relationship. Qiu Yanfang is one of the Semir costumes real controllers.
For the reasons for the reduction, Semir clothing has previously been interpreted as "shareholders' personal capital needs of Qiu Yanfang". Taking into account the fact that the company's actual controller and related party share a relatively high share, the liquidity of the company's stock market is poor, and the reduction is also conducive to enhancing the market liquidity of the company's stock.
Shareholders frequent reduction, was questioned "cash out"
In addition to Qiu Yanfang's larger share pfer, Zhou Pingfan, another partner of Semir apparel, has also been quite frequent in reducing her holdings.
Reporters in flush query Semir clothing since July 2018 to date nearly 35 shareholding changes, found that a total of 31 times are Zhou Pingfan's reduction, the total reduction of more than 50 million shares.
For Qiu Yanfang and Zhou Pingfan, the small investors of Semir clothing have expressed doubts and concerns.
In January 2019, on a stock bar online exchange, a few small shareholders suggested that the couple should sign a pfer agreement with the institution and complete the equity reduction at once, so as to reduce the market sentiment.
At that time, Semir clothing director said that "this valuable advice and suggestions will be conveyed to shareholders in a timely manner."
And after the reduction operation in May 31st, there were concerns that whether Semir's recent "annual report data was unfavourable and the operating difficulties appeared" could only make its executives "cash in and speed up".
One of the reasons for the outcry is Semir's rising stock of clothing.
At the end of 2018, the balance of Semir's clothing inventory jumped sharply, increasing by 85.28% to 4 billion 417 million yuan compared with last year.
Generally speaking, the larger the inventory of a garment enterprise and the slower the inventory conversion rate, the less conducive to its smooth operation or abundant capital.
- Related reading
- Enterprise information | Jiaxin Silk Garden Leader Visited Changyuan And Eagle.
- Star wardrobe | Wearing A Skirt From 17 To 27 Years Old Will Make You Beautiful In Summer.
- Children's shoes | Bbg Children'S Shoes, Good Father, Lu Yi, The Best Gift For Her Daughter Is Love.
- Market quotation | 2017 Long Garden And Eagle Third "Real Marketing Special Training Camp" Graduation Ceremony Ended
- Collocation | How Can You Wear The Most Beautiful Monday? Weekend Guide To Buy Clothes For You
- Industrial Cluster | 2016/17 New Cotton Warehouse Outflow Mitigation
- Fashion character | Wu Xin And Willber Pan Group CP Is Refreshing And Short Hair.
- Star Design | Wang Ziwen Short Hair Long Skirt, Good Temperament, Short Man Can Also Be Immortal.
- Mall Express | China Light Textile City: Sales Of Cotton Cloth Increased Earlier Than Before.
- regional economies | Xinjiang Cotton Has Entered The Boll Bell Period And Cotton Companies Have To Actively Seek Outsourcing Or Cooperation.
- How Can Traditional Foreign Trade Factories Pform The "Independent Station" Market Of Cross-Border Electricity Providers? Analysis Of Advantages And Disadvantages In Foreign Trade Pformation
- Girls With Tight Pants, Hip Skirts And Thick Legs Try To Avoid Or Give Up.
- Environmental Protection Sizing Will Usher In A Rapid Development Period.
- From "Affordable" To "Want To Buy", What Did Anta Use To Impress Consumers?
- Sitting On 9000 Stores, Copying Zara Is Now A Big Loss.
- GUCCI Has Raised Commodity Prices To Enhance Brand Positioning.
- In Japan'S First Store Of Hai Lan'S Home, We Should Use The Best Quality And Low Price To Reverse The Way Out Of UNIQLO.
- T-Shirt Is The Most Cost-Effective Garment.
- In 6 Thousand And 180 Minutes, Tmall Sells 43000 Underwear.
- Opening Up The Golden Age Of Independent Designers, Jingdong Will Bring Chinese Brands To London Fashion Week.