Jiaxin Silk Banner'S Tongxiang Flower And Wood City Was First Introduced, 56 Thousand Ping Land Increased Pre Tax Profit 120 Thousand

Zhejiang Jiaxin silk Limited by Share Ltd (hereinafter referred to as "Jiaxin silk") issued a notice on the evening of November 19th, saying that according to the overall deployment of Tongxiang Municipal People's government and the "two high" (high speed rail and high-speed) environmental improvement and upgrading requirements, Tongxiang massacre Town People's government intends to collect the first phase of the Tongxiang Flower City project. The Jiaxin silk board agreed that a wholly owned subsidiary, Zhejiang Jiaxin nursery City Development Co., Ltd. (hereinafter referred to as "Miao city company") signed the "land acquisition compensation agreement" (hereinafter referred to as the "compensation agreement") with the people's Government of Tu Dian Town, Tongxiang, and authorized the management of the seedling city company to sign the compensation agreement and go through the relevant formalities.


The housing construction area of the Tu Dian Town People's Government in Tongxiang totaled 37476.12 square meters and the total area of land use rights totaled 56302.19 square meters. The total amount of compensation is 78 million 96 thousand and 920 yuan. The land is located on the east side of the Shanghai Hangzhou Expressway in Tongxiang city and the South side of the Saline Lake road. The right type is the right to use the state-owned construction land, and the land use is wholesale and retail land / market.


Jiaxin silk said that since the completion of its operation, the "Tongxiang flower and city" project has been negatively affected by the adjustment of the industrial policy, the transformation of the commodity trading mode, and the continued weakening of the nursery stock industry. The market environment has undergone great changes, resulting in slower market development and the lack of a commercial atmosphere for the professional market of seedlings. This levy will help companies revitalize assets, improve the efficiency of company assets operation and increase cash flow. It is expected that the levy will increase the pre tax profit of the company by about 120 thousand yuan, and will not have a significant impact on the company's financial position.
It was reported on June 16, 2018 that according to the overall deployment of the Tongxiang Municipal People's Government on the work of "retreating and dispersing into the collection" and the upgrading of the environment along the line of "two high" (high-speed rail and high-speed), the Tongxiang massacre Town People's government had collected the two phase of the "Tongxiang Flower City" project of Jiaxin silk. At that time, the Miao city company signed the "land acquisition compensation agreement" with the people's Government of the town of Tu Dian, Tongxiang. The total area of the state-owned land use rights totaled 38047.74 square meters, and the compensation amount was 44 million 516 thousand yuan.


Reporters learned that Tongxiang Flower City project total land 173 mu, construction land 148 mu, divided into A, B two plots, with a total construction area of 15 million square meters, with a total investment of about 500 million yuan, is the only large-scale flower nursery stock market in North Zhejiang. Tongxiang flower and wood city is located at the Saline Lake Road south of Tongxiang City, Zhejiang Province, and the South China Hangzhou high-speed butt exit. The three party intersection has convenient transportation and abundant water transportation resources.


Tongxiang flower city is developed by Zhejiang Jiaxin nursery City Development Co., Ltd., the investor is Zhejiang Jiaxin silk Limited by Share Ltd (stock code 002404). Tongxiang flowers and trees city intends to build the southern area for ornamental flowers, potted flowers, bonsai, handicrafts and other trading areas.


Tongxiang flower city planning total construction area of 150 thousand square meters, shops area of nearly 120 thousand square meters, parking spaces have nearly 1500, green space rate has reached 25%. Professional planning, professional design, professional talents and professional management, so as to bring about a professional market.


According to public information, Jiaxin silk is one of the largest silk production and sales enterprises in China. The company has a strong trade and industry integration mechanism and industrial chain advantages. In the Jiaxin silk industrial park with an area of more than 500 mu, it has a complete industrial chain from silk weaving, printing dyeing and garment manufacturing, and industrial enterprises in all links of the industrial chain provide supporting production and services for export business, attracting and stabilizing the high-end customer groups.


Jiaxin silk takes the "golden three towers" as the main brand, positioning silk underwear and household clothes, and persisting in the business mode of e-commerce marketing. It strives to build the brand of "golden three towers" into the first brand of Silk family with health and comfort as the concept. Over the past few years, the products of the "golden three tower" brand and some categories of products are among the top sales on Tmall platform.


According to the financial report, in the first three quarters of 2019, Jiaxin silk realized its total business income of 2 billion 610 million, an increase of 9.1% over the same period last year, and realized net profit of 120 million, an increase of 15.6% over the same period last year, and the earnings per share were 0.21 yuan. During the reporting period, the gross profit margin of the company was 15.4%, an increase of 0.8 percentage points compared with the same period last year, with a net interest rate of 4.9%, basically maintaining the same level in the same period last year.