Clothing Enterprises Continue To Overweight "Intelligent Manufacturing"

In the past two years, intelligent manufacturing has gradually become a hot topic or theme of clothing industry's capital investment expansion, and this trend is still continuing in 2019.

Tien Chong fashion issuing convertible bond investment intelligent manufacturing project

In May 30th, women's shoes enterprises launched a fashion announcement to issue a notice on the convertible bond program of the A company, which adjusted the company's original plan. Before adjusting, the company planned to raise funds of not more than 600 million yuan, all invested in intelligent manufacturing base construction projects, repurchase shares and supplementary working capital. After adjustment, the company plans to raise funds of not more than 600 million yuan, and will invest in intelligent manufacturing base construction projects and replenish liquidity.

The announcement shows that the total investment of the intelligent manufacturing base construction project is 930 million yuan, and the proposed fund will not exceed 520 million yuan. The project will be built for 4 years. It will purchase 4 new automated intelligent production lines and 4 flexible production lines by purchasing FMSS automatic flexible production line, RSA Robert automatic data acquisition system, intelligent leather cutting machine man and other equipment.

The 2018 annual report shows that the company achieved a profit of 2 billion 52 million yuan in 2018, an increase of 18.37% over the same period last year. The net profit attributable to shareholders of listed companies was 242 million yuan, up 28.87% over the same period last year.

According to the annual report, there are a total of 1925 brand stores in the offline market as of December 31, 2018, including 1377 direct battalions and 548 stores. Compared with the shops at the end of last year, there were 91 new outlets and 93 outlets.

The company has upgraded its production line and launched the first large-scale intelligent production line in 2018 and has been put into operation.

In 2019, the company plans to increase the proportion of sports and leisure products, and develop a user centered community operation mode.

In 2019, a quarterly report showed that the company achieved a revenue of 491 million yuan in the first quarter of 2019, an increase of 4.52% over the same period last year. The net profit attributable to shareholders of listed companies was 38 million 352 thousand and 100 yuan, a decrease of 48.87% compared to the same period last year.

Vigna S issues convertible bonds involving intelligent manufacturing projects

In addition to Tian Chong fashion, through the issue of convertible bonds fundraising involving intelligent manufacturing clothing enterprises and Wien Nash.

In February 14th, the company issued a notice of convertible bonds listing, and the convertible bonds were listed on the Shanghai Stock Exchange in February 19th.

The convertible bond will be raised 746 million yuan, and the net amount will be 725 million yuan. It will be used to pay for the acquisition of TeenieWeenie brand and related assets and business items of the brand, intelligent manufacturing, intelligent retail and supply chain collaborative information platform and supplementary liquidity.

Among them, 461 million yuan will be used for TeenieWeenie brand projects, 155 million yuan will be used for intelligent information pformation, and 130 million yuan will be used to supplement liquidity.

Fund-raising announcement shows that intelligent manufacturing, smart retailing and supply chain collaborative information platform project will invest 363 million yuan for enterprise intelligent manufacturing construction, ERP&DRP system upgrading, O2O platform, big data analysis, intelligent logistics and related infrastructure support facilities.

According to the announcement, the traditional clothing industry has a long industrial chain, many industrial departments, and slow market reaction, while garment consumers have strong demand for fashion and personalization. Intelligent technology can realize flexible pformation of design, R & D, manufacturing and supply chain management.

Vigna S's 2018 annual report shows that the company achieved operating income of 3 billion 86 million yuan in 2018, an increase of 20.34% over the same period last year, and realized a net profit of 273 million yuan attributable to shareholders of listed companies, an increase of 43.65% over the same period last year.

The company has three women's clothing brands, namely, Nanjing brocade "Yuan Qian" brand, a high-end brand VGRASS brand located in high-end women's clothing and a "TEENIEWEENIE" brand positioned in high-end casual wear.

By the end of 2018, the company had 1386 stores, 63 fewer than 2018 at the end of the year.

Vigna S said that the VGRASS brand invested in the "micro mall" online channel and tried to use the online channel to try O2O mode.

Good news bird intends to take 22 million 800 thousand yuan to get 4.56% of the smart clothes.

In May 24th, the announcement announced that the wholly-owned subsidiary of the company was planning to jointly sign the "equity pfer agreement" with Taizhou leap and Yi Na intelligent, and the 22 million 800 thousand yuan was granted to Taizhou's 4.56% stake in Yi's intelligence.

According to the announcement, Yi Na intelligent is a new supplier of textile and footwear new production line intelligent logistics and new retail intelligent pmission and quick sorting comprehensive solution provider. Besides providing support for the 4 intelligent manufacturing of the bird industry, it also provides intelligent manufacturing support services for women's clothes winner, Amy fashion, Ali's big Run Fa, Jingdong's 7FRESH, traditional stores, Dali group, Mackay supermarket and Decathlon Singapore store.

In the 2018 year, its revenue was about 200 million yuan (Unaudited), and the net profit of unpaid share cost was about 40 million yuan (Unaudited).

The company says it is a partner of intelligent plant pformation project in 2015, which enables the company to improve its 4 intelligent production and support the whole category of private volume customization business.

2018 annual report shows that the company achieved operating income of 3 billion 109 million yuan in 2018, an increase of 19.55% over the same period, the net profit attributable to shareholders of listed companies was 51 million 837 thousand and 500 yuan, an increase of 99.92% over the same period last year.

The company announced in April 27th that it intends to continue to optimize the marketing network in 2019, and will sell more than 20 shops that have been purchased (the total cost of the original purchase is not more than 300 million yuan). The proceeds will be used to implement multi brand strategy, enhance brand product research and development, enhance information construction, and promote intelligent production, customization and other businesses.

In 2018, a total of 4 shops were sold, with an income of 39 million 979 thousand and 300 yuan.

Red beans and IOT Internet sensation Group signed strategic cooperation agreement

In April 4th, red bean announced that the company signed a strategic cooperation framework agreement with the perception Group Limited. The two sides decided to establish a strategic partnership. The two sides will promote the application of Internet of things and other technologies in clothing retail enterprises. The perception group can provide intelligent Internet of things solutions for the production, storage and sale of Hong Kong stock.

The announcement said that the two sides plan to cooperate in smart stores, smart warehousing and intelligent manufacturing model factories.

In terms of smart stores, through the Internet of things program, we can collate and analyze the data of effective entry passenger flow, portraits of customers, hot areas and so on. In terms of smart warehousing, the perception group provides an IOT solution for intelligent inventory management, intelligent fire protection, smart security, environmental monitoring, electricity safety and other systems in the warehouse; in the intelligent manufacturing sample factory, sensors and RFID are used to collect information and complete the real-time processing of orders, procurement, production and design information in the intelligent factory.

Hong Kong shares subsequently announced that the signing of the framework agreement, the company intends to rely on the third party technology to enhance the consumer experience, does not involve in the new industry, do not change the main business direction, does not involve specific amounts, specific projects and business development detailed agreement, negotiate and sign a specific contract, the actual promotion and implementation of the effect is also uncertain.

The annual report of Hong Kong stock 2018 shows that the company achieved operating income of 2 billion 483 million yuan in 2018, down 8.89% from the same period last year, and the net profit attributable to shareholders of listed companies was 207 million yuan, down 66.06% compared with the same period last year. The net profit attributable to shareholders of listed companies after deducting non recurring gains and losses was 166 million yuan, an increase of 3.08% over the same period.

Red dragonfly, Jiaxin silk and other enterprises set up "Ai" new industry fund.

The equity investment management center (limited partnership) and the Nanjing Pukou Development Zone hi tech Investment Co., Ltd. formally signed the partnership agreement of Nanjing Shun Yu venture capital partnership agreement (limited partnership). The joint venture Nanjing venture capital investment center (limited partnership) (the provisional name, the specific name is registered by industry and Commerce) is registered capital of 111 million yuan, of which the investment amount of Red Dragonfly capital management is 80 million yuan, and the contribution ratio is 72.07%. The investment field is the strategic emerging industries such as electronic information service industry (new retail, big consumption, TMT, big data), advanced manufacturing (footwear manufacturing, artificial intelligence, new materials, integrated circuits), high-end equipment (shoes and clothing equipment and technology, high-end road equipment, new technology, new technology). In April 11th, the Red Dragonfly announced that the company's wholly-owned subsidiary, Ningbo Meishan bonded port Red Dragonfly Asset Management Co. Ltd. and Suzhou Association.

The garment enterprises that set up strategic emerging industries fund include Jiaxin silk.

In March 14th, Jiaxin silk announced that the company received the notice of the fund manager. The Jiaxing Xiuzhou Jiaxin Xidian venture investment fund partnership (limited partnership) has completed the private equity investment fund filing procedures in accordance with the requirements of the securities investment fund law and the Interim Regulations on private investment funds supervision and management, and has obtained the "private equity fund record certificate".

The company previously disclosed that the company intends to set up an industrial fund jointly with Jiaxing Xiuzhou high tech Industrial Development Zone Management Committee subordinate enterprise Jiaxing Xiu Hu innovation and equity investment fund Co., Ltd. and Xi'an long Ding Cci Capital Ltd.

The total size of the fund is RMB 100 million yuan, and the company is paid 74 million yuan as a limited partner.

The investment direction of the fund includes, but is not limited to, the strategic emerging industries such as high-end equipment manufacturing, information technology, AI, and new materials.

Hua Shang concluded: "intelligent manufacturing upgrading" of garment enterprises is in the "start" stage.

Since 2018, intelligent manufacturing has increasingly become a hot topic or theme of refinancing or mergers and acquisitions of garment enterprises. This trend is still continuing this year.

Tien Chong fashion and Vigna S's convertible bond fund-raising projects include intelligent manufacturing projects, while the news birds add capital to intelligent manufacturing suppliers, while the red bean shares plan to cooperate with the Internet of things enterprises, while red dragonfly and Jiaxin silk enterprises are involved in the "intelligent" field by setting up a new private sector fund including artificial intelligence.

These garment enterprises invest in intelligent manufacturing methods and targets, or are different, but generally contain the purpose of "flexible production", that is, how to better create personalized products to meet the needs of consumers.

However, true intelligent manufacturing not only includes manufacturing products, but also throughout the whole process of product R & D, design, production, management and service, not only intelligent manufacturing products, but also intelligent manufacturing services, and even forming a business concept or management system.

From this point of view, there is still a long way to go for the intelligent manufacturing upgrading of garment enterprises.

In general, intelligent manufacturing includes smart stores, O2O channels, social networking providers and other emerging investment expansion areas, which can be seen as some new ways to upgrade garment enterprises.

For fashion enterprises belonging to the fashion industry, the "manufacturing" of brand fashion DNA is another area that needs to be focused on.

In the long run, clothing enterprises that combine intelligent manufacturing with brand "manufacturing" will be able to better realize the pformation and upgrading of enterprises.