Business Wins Universal Sun Company Hit 200 Million In Hangzhou To Take 16 Products, Because "Bank Mortgage Has Not Been Lifted" Huang!

Shang win global Limited by Share Ltd (hereinafter referred to as "win win global") announced in the evening of July 9th that the company's wholly-owned sun win e-commerce (Shanghai) Co., Ltd. (formerly wholly owned subsidiary of the company, hereinafter referred to as "win win business") was signed in February 2018 and November 2018 with Hangzhou kunrun Real Estate Development Co., Ltd. (hereinafter referred to as "Hangzhou kunrun") on the 5-12 level of its development and construction of the Kunlun business center, building B, with an agreement of 420 million yuan to Hangzhou Kunming to buy the 5-12 tier of B building of Kunlun business center.

In April 17th of this year, Shang win universal consultations with Hangzhou kunrun, adjusted some of the terms of the original agreement and renewed the new agreement. The new agreement stipulates: the business wins the prosperous electricity supplier to 210 million yuan to buy the Hangzhou Hangzhou Kunming to be located in the Hangzhou City Shangcheng Kunlun business center 2 building 5-8 floor commercial housing altogether 16 sets, the businessman wins the prosperous electricity supplier according to the original agreement to pay the purchase money 210 million 121 thousand Yuan 210 million 74 thousand and 640 yuan to the Hangzhou Kunming to purchase the new property as the winner of the new agreement.

According to the agreement, Hangzhou kunrun should cancel the mortgage registration of the new target property before June 25, 2019. It will jointly handle the new standard property contract online (June 30th) before June 30th, and deliver the new standard property before July 5th.

However, Hangzhou Kunyun said that the new property will not be delivered to the winner in the time of the new agreement due to the failure of the bank mortgage and other reasons, and the deadline for the delivery of the new business will be extended until January 5, 2020.

Quotient win global believes that Hangzhou kunrun did not fulfill its corresponding contractual obligations within the time stipulated in the new agreement, which affected the company's expected business objectives. The board decided to terminate the purchase of the property and to terminate the contract in accordance with the relevant laws and regulations and the new agreement Yue Dingzheng. Up to now, the winner of the win win business has won 210 million yuan in Hangzhou. After the formal termination of the agreement is signed, the company will urge Hangzhou Kunlun to return the purchase money and interest generated by the electricity supplier and the resulting interest (interest), and safeguard the interests of the company and all shareholders as soon as possible.

Public information shows that the main business of Shang win is textile and clothing, apparel industry, clothing research and development, design, production and sales in one body, committed to the development of the international fashion industry, has a complete clothing supply chain, owns a number of private brands, clothing covers women's clothing and sportswear, while providing OEM production business, including clothing products for girls, light women's clothing, sportswear, youth clothing, including Oneworld, LiveandLetLive, WorldUnity and Unity and other women's clothing brand and sportswear Active.

The global sales area of its own products is mainly in the US market, covering all the States and major cities in the United States, such as New York, Losangeles, Chicago, Houston, San Francisco, Atlanta, Philadelphia, Boston and South California. Sales terminals are mainly retail entities such as major department stores and large supermarkets, such as Macy 's, Target, Kohls, Maurices, ActiveRideShop and so on. Among them, ActiveRideShop has more than twenty entities retail stores, concentrated in the southern part of California.

According to the results of the report, in 2018, the business profits of the world win were 2 billion 162 million yuan, down 1.14% from the same period last year, and the net profit loss attributable to the owners of the parent company was 1 billion 828 million yuan. The major US Department stores, including Messi's department store, TARGET and so on, failed to reach the expected volume of purchases. At the same time, due to brain drain and the reorganization of acquiring company's first largest customer, some of the main customers of the company have been lost, resulting in the company's 2018 annual performance loss. (network Martin)