Dream Home Textile Industry Involved In The Internet Supply Chain Financial Smart Home Again Landing

With the continuous development of all kinds of home textiles, they all want their own way of development.

We plan to invest 30 million to build "Meng Jie smart bedroom laboratory", and smart home will be another city.

The company plans to invest 30 million yuan to sign the cooperation agreement of Meng Jie intelligent bedroom laboratory with the Cci Capital Ltd and Changsha financial center Cci Capital Ltd.

The strategic development of the dream weaving intelligent laboratory, as an integrated platform specializing in the development and development of the Internet industry, including DreamWorks home textiles, smart bedroom, etc., aims to connect users, products, optimize the supply chain, intelligent entry, and create space.

The lab also set up an Internet acquisition fund, using the capital incubation laboratory project, and set the quarterly goals to complete the specific sector goals of the fans laboratory, product lab, supply chain laboratory, Chuang Chuang coffee and so on.

The smart bedroom ecosystem that will be completed by the company includes: entrance layer, interaction layer, experience layer and perception layer.

From the team background, Li Tao, a founder of speed up founder, has 16 years experience in Internet operation. He is a visiting professor of many Internet consultants, CEO and Jiaotong University and Fudan University.

Following the cooperation with the company and following the collaboration with the company, the significance of joint venture setting up the intelligent bedroom laboratory is to create a complete intelligent bedroom ecosystem, and complete the pformation of the company to the Internet enterprises in the aspects of R & D, promotion and user experience, so as to further consolidate the leading position of the company in the industry.

The company plans to invest 10 million joint venture to set up a dream Gold Institute to set foot in the Internet supply chain finance.

The company signed a framework agreement with Changsha financial Cci Capital Ltd on the establishment of a joint venture to set up an Internet supply chain finance company of Meng Jie home, and established Nationwide Financial Services Inc in Shenzhen Meng Jin, Qianhai. Meng Jie intends to invest 10 million and hold 33.33%.

Meng Jin mainly carries out the Internet supply chain finance business, including financial information consulting, providing financial intermediary services, accepting financial institutions to entrust financial outsourcing services, investing in the establishment of industry, investment management, investment consulting, investment advisors, etc.

The investment significance of the company lies in: (1) the company will enter the Internet financial field, combine its own industrial chain practice with financial product design, provide value-added services for the upstream and downstream customers, and consolidate the core position of the company in the industrial chain.

(2) the company is optimistic about the prospects for the development of the Internet financial industry, and will bring relevant investment returns to the company in the future.

After the net profit of Meng Jin has reached 10 million yuan after tax, the merger and acquisition procedures will be launched, and the acquisition of its 100% stake will return to the listed company, which is expected to cultivate the company's new growth point.

Smart home, Internet supply chain finance to enhance valuation

Recently, with the systematic adjustment of the market, the share price of the company has dropped by 61% compared with its highest level. The 6.12 announcement of the company's controlling shareholder Jiang Tian Wu intends to reduce the purchase price for 6 months by 5%, and purchase high-quality terminal facade for the construction of the flagship store and O2O experience store, so as to support the company's rapid implementation of the Internet +CPS mode.

The fundamentals of the company have not changed: (1) the bottom of the main business is stabilized, and the number of orders in autumn and winter will increase. The equity incentive exercise requirements will be 12 years as the base, and the net profit growth rate will be no less than 55%, 85%, 115% and 145% (compound increase 25%). The 13 and 14 years will all reach the right of execution. It is expected to continue in the year of 15. (2) the executive power of the merger is relatively high: after the establishment of the household, mobile Internet and European promotion subsidiary in 2014, and the strategic cooperation of April with the peace and cooperation in April, the smart home will once again fall into the supply chain.

The sector is expected to boost market confidence.

Maintain 15-17 years EPS0.26, 0.3, 0.34 yuan, maintain "buy" rating.