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    King 9 Received The Social Security Fund.

    2011/8/29 14:45:00 34

    Nine Mu Wang Bao Fund

    In the second half of this year, the nine shepherd broke out on the day of listing, soaring 21%, becoming a dark horse in clothing stocks.

    Yesterday (August 22nd), the company published the China Daily, though it included men's trousers.

    T-shirt

    The gross profit margin of such products declined compared with the same period last year, and the company has attracted 2 social security funds to enter.


    It is disclosed that in the first half of this year, the company achieved a total operating income of 964 million yuan, up 31% over the same period last year.

    Net profit of 235 million yuan, an increase of 42% over the same period.

    The company said that in the second half of the year, it will strengthen the development of the two or three line city channel, continuously enhance the efficiency of store operation, and enhance the capability of commodity design and R & D.

    In fact, the market is not surprising for the company's performance.

    In July this year, the company reported that its revenue and net profit will increase by 31% and 42% respectively in the first half of the year.

    It is interesting to note that two of the top ten circulating shareholders are social security funds, which are 602 and 109 portfolios respectively.

    Statistics show that they hold 1 million 166 thousand shares and 1 million 60 thousand shares respectively, ranking fifth and sixth largest tradable shareholders.


    Reporters noted that before the listing of the king of nine herd, the social security fund had already entered.

    According to the May 23rd announcement of the placing results, the social security 401 combination was allocated 669 thousand shares, the social security 111 combinations were allocated 334 thousand shares.

    As the 2 funds are locked for 3 months, they will not be sold until August 30th of this year.


    In the two tier market, the king also gave it.

    Investor

    Generous returns.

    Take the social security 401 and 111 combination as an example, according to the issue price of 22 yuan, the total investment of the former network is 14 million 710 thousand yuan, up to 2 million 830 thousand yuan yesterday.

    The latter also reached 1 million 410 thousand yuan.


    Despite being favored by the social security fund, the company reported that the gross profit margin of clothing business in the first half of this year was 56.68%, down 0.84 percentage points from the same period last year.


    Yesterday, the "daily economic news" on this phenomenon to call the nine Mu Wang, its secretaries official said, in the first half of the new franchise stores 130, Direct stores 27.

    Because of the relatively large number of franchisees in the period, a slight change in gross margin was triggered.

    Reporters found that the end of 6

    Sales terminal

    It was 2867, an increase of 365 over the same period last year.


    A brokerage garment industry researcher said: "this year gross profit margin is lower, depends on the proportion of the second half of the year and the price increase."

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