Huamao Co., Ltd. (000850): Major Shareholder'S Mixed Reform And Introduction Of Textile Leader Shenzhou International

Huamao (000850) announced on the evening of December 7 that Ningbo Ruiding New Material Co., Ltd. acquired 17.28% of Huamao Group's equity through public listing. The transfer price of the shares was 480 million yuan. After inquiry, we can know that Ningbo Ruiding is actually Shenzhou International, the leading textile industry.

Ningbo Ruiding was founded in 2002, with a registered capital of 44.93 million yuan, and its legal person is Ma Jianrong. There is little information on the company's network, but it is not ordinary. The major shareholder behind the company is Ningbo Shenzhou Knitting Co., Ltd. (100% shareholding), Yongtai (Hong Kong) Investment Co., Ltd. holds 100% equity of Ningbo Shenzhou, and Yongtai Hong Kong is an associate member of Shenzhou International.

Ma Jianrong is the founder of Shenzhou International. Shenzhou International is a OEM enterprise of Adidas, Nike, UNIQLO and puma. Shenzhou International is known as "Foxconn in the clothing industry".

In 2005, Shenzhou International was listed in Hong Kong, raising HK $900 million. Textile industry makes hard money, OEM enterprises are generally considered to have no technical content, but Shenzhou International has become a legend in the industry, and its share price has risen for a long time after its listing. Ma Jianrong thinks that the textile industry is not a sunset industry, nor a low threshold industry. He thinks that the key to his success is to embrace innovation. For example, clothing materials should be constantly innovated, new materials should be added, and the production process should also be reformed. The efficiency is 25% - 30% higher than that of peers.

Ma Jianrong was an apprentice in a clothing factory when he was 13 years old. In the late 1990s, Ma Jianrong took over from his father and started his own business. In a public speech earlier this year, he joked that if he had a lot of abilities, he would also go in the direction of diversification. "My luck is better, my vision is not very broad, can only do textile. Textile is our family's" heirloom ", my father has been engaged in textile all his life, my father often said," do a good job in textile, clothing, food, housing and transportation, clothing first. "

Huamao Co., Ltd. is a textile enterprise, with a relatively complete industrial chain of spinning, weaving (yarn dyed), dyeing and finishing, clothing, etc.

In the first half of this year, the operating revenue reached 1.664 billion yuan, up 2.25% year on year; The net profit was 144 million yuan, up 19.49% year on year, including 146 million yuan of net profit belonging to the parent company, with a year-on-year increase of 32.36%.

Huamao shares currently hold 45.3765 million shares of Guotai Junan, 20.5 million shares of Guangfa Securities, 3.2715 million shares of Tuowei information, 2.4 million shares of Netcom software, and 71.4869 million shares of Huishang bank. In the first half of the year, Huamao received 34.6358 million yuan of equity dividends from Guotai Junan and Guangfa Securities.

Through this mixed reform, Huamao Group has introduced strategic investors in the same textile industry, which will form a resource matching upstream and downstream of the industrial chain with Huamao Group and the company, so as to realize the coordinated development of the industry.