YOUNGOR'S Pfer Of Equity Staple Business Is No Longer Clothing.
The latest announcement shows that
Youngor
The agreement on equity pfer has been signed with Ding Xin Hua Xin, and it has been decided to pfer the company's business stake at 37.2 yuan per share, the total pfer price is 651 million yuan.
Previously, YOUNGOR accounted for about 3.49% of the registered capital of the UnionPay business. After the equity pfer, YOUNGOR accounted for about 1.5% of the registered capital of the union.
YOUNGOR group said that the sale of UnionPay business equity is conducive to revitalize capital and adjust the internal investment structure.
In the first half of this year, affected by external market environment,
clothing
Business continued to decline, but driven by the investment real estate market and purchased financial products, YOUNGOR's performance rose in the first half of this year.
The future group will continue to persist.
brand
And diversified development strategy, and set up an independent operation mode for the four brands of Hart Schaffner Marx Hart Marx, GY, MAYOR, HANP Hemu family, constantly adjusting the investment structure and promoting the performance rise.
YOUNGOR reported in the first half of this year that profit growth mainly depends on the benefits from investment and financial management rather than clothing business.
In recent years, YOUNGOR has frequently invested in financial products and real estate development business to boost its performance.
In the first half of 2016, YOUNGOR's operating income was 8 billion 667 million yuan, and realized net profit of 3 billion 71 million yuan, a 5.78% increase over the same period last year.
YOUNGOR group's apparel business achieved 2 billion 214 million yuan in business revenue, down 7.2% compared to the same period last year, and net profit decreased by 24.91% to 395 million yuan over the same period last year.
Although the clothing business is sluggish, YOUNGOR has a good performance in investment.
Among them, the real estate industry net profit increased 163.34% to 1 billion 169 million yuan over the same period last year, and the investment and financial products business achieved 2 billion 373 million yuan, up 26.39% compared with the same period last year.
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