Clothing Industry Backdoor Reorganization Case Frequently, Accelerate "Shuffle" Reorganization

In the first three quarters, under the influence of multiple factors such as the pressure of the real economic pformation and the tighter supervision of the capital market, the capital operation of the garment industry showed some new characteristics and new trends, prompting enterprises to accelerate the pformation and upgrading, and speed up the reshuffle of the industrial structure, and find new space for investment and financing development.

Cross border investment moves frequently, and service companies accelerate the pformation.

Since 2016,

The pressure of industrial pformation and optimization has further increased, and garment enterprises have further accelerated the pformation of pformation through mergers and acquisitions, changing business models and developing new businesses.

In June 13th, the group announced that it would invest 327 million yuan in its own funds to acquire 63.49% stake in Milan Bai Pai of Sichuan and Shenzhen Milan Bai Yu, Sichuan crystal skin, Xi'an crystal skin, Changsha crystal skin and Zhong Qingjing skin 5 companies 70% equity.

In June 16th, Langer held a strategic press conference in Chengdu, announcing that the layout of the company's medical beauty was officially landed, and the "Pan fashion industry interconnected ecological circle" strategy of the four major industrial sectors, "women's clothing + baby + cosmetics + medical beauty", was officially established.

In August 1st,

The company announced on Saturday that the company intends to issue 17 million 889 thousand and 900 shares and pay cash to the counterparty by 10.90 yuan / share, with a total consideration of 371 million 400 thousand yuan, 80% acquisition of fashion front and 70% equity of Beijing Xin Xin.

Trading itself is part of the strategic pformation of the company, said Saturday.

The takeover intention is to build the media and social platform of the company and fashion IP incubator platform to achieve the goal of creating the "fashionable IP ecosystem".

In addition to the pformation of medical posture, "Saturday to create"

In addition to the IP ecosystem, Kaiser's "China Women's wear first share" has been renamed "Kaiser culture" and further pformed into "Internet pan entertainment".

Home textile enterprises have also expressed the need to pform.

Roley home textiles is renamed "Roley life". The company announced that it will raise 1 billion 250 million yuan to invest in the O2O system, and develop it to smart home, intelligent hardware and other fields.

Meng Jie home textile is renamed "Meng Jie shares". The company said it will focus on the layout of home textile, wedding and high-end home life service market in the future.

Many like to build a IP connection platform in 2016, and become a domestic listed company engaged in derivative services, pforming to IP operators and service providers.

Frequent cases of backdoor reorganization, industry accelerated "shuffle" reorganization

This year's garment industry has been pulled out, some people have gone bankrupt, and some have accelerated pformation.

The reshuffle of garment industry is accelerating further.

On the evening of September 13th announcement of Dayang creation, the company received the approval of the China Securities Regulatory Commission on the approval of the major asset restructuring of Dalian Dayang creation Limited by Share Ltd and the issuance of assets to the Shanghai Tantong Dragon Investment and development (Group) Co., Ltd. on September 13th, and the approval of the issuance of the matching funds from 12 to a month from the date of issuance.

This means that Yuantong Express was formally approved.

In September 20th, Dayang creation announced that the company intends to issue the shares to complete the pfer of the express pass, and the company intends to rename it as "Yuantong Express".

The main business of Dayang will also be pformed from high-end clothing to comprehensive express logistics service.

As a result, as one of the earlier listed clothing companies in the capital market, "Dayang creation" will become a history.

On the evening of September 5th, Haotian development, Haotian China, Haotian commerce and Fujian shares announced the completion of Haotian China's restructuring agreement.

Following the pfer of about 312 million shares of domestic stocks to Haotian China under the terms of the reorganization plan, any one of the concerted actions of the offeror and so on has a total of about 312 million shares of domestic capital, which accounts for about 51% of the total issued capital of the shares on the date of the joint announcement.

After the twists and turns, he finally succeeded in restructuring.

Meanwhile, another Quanzhou shoe and garment enterprise in Fujian has also declared bankruptcy reorganization process.

On the afternoon of September 1st, the people's Court of Jinjiang city of Fujian Province announced on the official micro-blog that the intermediate people's Court of Quanzhou formally accepted the bankruptcy reorganization of the company in August 5th.

The reduction behavior is one after another, industrial capital cash is hedging.

In September 28th, Busen shares issued a brief report on equity changes, saying that Busen group and its concerted action man Wu Yongjie reduced Busen shares to meet their own capital needs.

Busen group holdings of 1 million 500 thousand shares, accounting for 1.07% of the total share capital of listed companies; Wu Yongjie reduced 1 million 50 thousand shares, accounting for 0.75% of the total share capital of listed companies.

After the completion of the equity changes, Busen group directly held 6 million 400 thousand shares of the listed company, accounting for 4.57% of the total share capital of the listed company, and Wu Yongjie directly held 1 million 50 thousand shares of the listed company, accounting for 0.75% of the total share capital of the listed company.

Not long ago, Yuan Jianjun, chief financial officer of the company, reduced the number of Busen shares by about 56 thousand and 300 shares in September 5th, accounting for 23.81% of the total number of shares held by listed companies.

In September 23rd, the blonde Rabbi issued a notice that vice president Lin Jinsong reduced the number of 20000 tradable shares held by his company in September 21, 2016 by bidding, accounting for 2.73%.

In September 22, 2016, Sun Yu, deputy general manager, reduced the number of 8000 tradable shares held by his company in the form of competitive trading, accounting for 0.45%, while Sun Yu had reduced 7200 shares in September 14th, and the reduction ratio was 0.40%, and 15200 shares were reduced two times before and after.

In the evening of July 11th, the company announced the announcement of shareholder reduction. In July 8, 2016, the company received the letter from the company's shareholders, Shanghai five Yue Jiayuan equity investment center (limited partnership) and Zhongshan five Yue Qian equity investment center (limited partnership).

Five Yue Jiayuan holds 6 million 300 thousand shares, accounting for 3% of the total shares of the company, and 4 million 720 thousand shares of the five Yue Qian holding companies, accounting for 2.25% of the total shares of the company, accounting for 5.25% of the total share capital of the company.

Both are the original shareholders before the initial public offering of shares.

The five Yue Yue Jiayuan and the five Yue Qian Yuan said that due to the needs of fund investors, 12 months from the date of the announcement of the proposed reduction plan, the company will reduce all the shares held by the company through centralized bidding and bulk trading within 12 months.

If there is a reduction of the original shareholder, there is also a reduction by the chairman.

Much loved the announcement after July 5th, when Zhang Haiying, director of the company, undertook 371 thousand and 600 shares of the company through the Shenzhen Stock Exchange in July 5, 2016, and the average reduction price was 39.61 yuan / share, with a reduction of 14 million 719 thousand and 500 yuan, or 0.31% of the total share capital.

After the reduction, Zhang Haiying held 1 million 114 thousand and 800 shares of the company, accounting for 0.93% of the total share capital.

According to WIND information statistics, as of September 20th September, a total of 184 listed companies in the two cities had a significant reduction in their holdings. The amount of cash was 22 billion 119 million yuan, a significant increase of 123.96% in the chain, and the reduction in 12 trading days was more than 17 billion 200 million yuan in August.

In the condition of a weak stock market, industrial capital cash is out of the market, or in order to avoid the risk of overestimating the market, pessimistic views on the listed companies and the macroeconomic prospects of the stock market are added to the market until the market returns to a reasonable level.

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Looking for new space for investment and financing, the new three boards of listed service enterprises "layout"

If the trend of capital operation of listed companies last year is to set up a M & A investment fund in the form of PE+ listed companies, then the new trend this year may be "layout of new three boards".

In the growing number of small and medium-sized clothing enterprises listed on the new three boards, there are more and more clothing listed companies through the overall mergers and acquisitions, participation in fixed increase, two tier market holdings, holding, equity participation, capital increase, spin off the listing of subsidiaries, and other ways to layout the new three board market.

Looking at the layout of the new three board market of clothing listed companies, it involves the hot spots of investment in film and television media, cultural entertainment, online games, advertising marketing, new finance, electricity providers, etc., reflecting the need for pformation and upgrading of listed companies and the need to boost their performance.

It can be expected that the new three board market will become the "merger pool" of clothing listed enterprises, and more clothing will be listed to focus on capital operation to the new three board market with rapid expansion. This trend will be further strengthened in the future.

In September 7th, the Antarctic electricity supplier resumed its licensing and announced a plan to acquire the new three board listed companies' time interconnection and time interconnection performance pledge by 956 million yuan. The net profit after deducting non recurring gains and losses in 2016 -2018 was no less than 68 million yuan, 90 million yuan and 117 million yuan respectively.

The company intends to pay 574 million yuan in the paction consideration by issuing shares, and to pay 382 million yuan in the paction consideration by cash payment.

The company intends to raise funds to Zhang Yuxiang, Chen Jiaying and Antarctic electricity supplier in the second phase of the ESOP, and the total amount will not exceed 400 million yuan.

In September 20th, time Internet announced that the company will be delisted on the new third board in September 22nd because the company was acquired by Antarctica.

In September 6th, the light media announced that the company's subsidiary company was allowed to register on the new third board online, which is also the first online music company listed in the capital market.

Statistics show that the light media is the third largest shareholder of the multi online company, holding 13.63%. Men's clothing listed companies have 6% of their total share capital, and Huayi Brothers hold 3.14%.

In December 10, 2015, DME music announced that it was jointly invested by Huayi, Panshi, seven wolves and Xi Zhi Lang.

In the same period, the company said that the amount of investment that the company had invested in the music was smaller than that of the 10%.

On September 1st, micro media interactive (WeMedia) announced the announcement of a A+ round of financing from PGA Venture, which has a scale of 40 million yuan.

WeMedia applied for new third board listing in July.

WeMedia was founded in 2014. It was merged by magmatic interaction, WeMedia self media alliance and technology media Bianews. The investor of PreA wheel is Hua Ying capital with a scale of nearly ten million yuan. The investor of A round is Maison culture, with a scale of 60 million yuan.

Mei Sheng Culture announced in the evening of December 29, 2015 that the company intends to invest 60 million yuan to obtain 15% equity interest in micro media interaction by means of capital increase, aiming to speed up the layout and operation of new media.

IPO financing presents new characteristics, and Amoy brand "sprint" gem.

In July 29th, Han dresses completed the relevant procedures on the new third board listing, and will be listed on the new third board in the future. The media said that the listing of the Korean electricity supplier will make it the first brand of the domestic Internet apparel brand.

Compared with the listing of the new three boards of Han dresses, the same as the women's clothing brand and the A have chosen relatively strong capital mobility but relatively high landing threshold.

In June 20th, Beijing's electronic commerce Limited by Share Ltd, which owns the silk and silo and Angel City, submitted a prospectus to the securities and Futures Commission. In July 1st, Guangzhou's huomi fashion group Limited by Share Ltd (owned Amman, Chu language and other Amoy brands) also submitted a prospectus, and both companies plan to enter the gem.

Crack and silk are the standard brands. Taobao and vip.com are their main positions, and their performance has not been ideal in the past three years.

Therefore, one of the directions of their IPO fundraising is convergence: moving to the bottom line and turning the company "heavy".

The plan to split the silk and silk products is planned to invest 52 million 300 thousand yuan, set up 15 offline stores, open 3 flagship stores with 1000 square meters in Beijing, Shanghai and Hangzhou core businesses, set up 12 outlets of 80~120 square meters in the core business circle of the first tier cities and the second tier cities with strong consumption, and the necessary operating rooms for flagship stores and direct stores will be acquired in the form of leasing.

Hui Mei Group plans to invest 139 million 790 thousand yuan for the construction of O2O line stores. It plans to select 1155 partners in the nationwide cooperation within 3 years, and build 116 experience stores.