Herme Group Last Year Lost A Huge Sum Of 1 Billion 300 Million Yuan To Acquire Hero Mutual Entertainment Or Usher In A New Turn.

Herme group announced that, due to domestic economic downturn, financial policy, asset restructuring and other factors, the company expects to achieve a total revenue of 1 billion 937 million 973 thousand and 400 yuan in 2018, a decrease of 19.60% over the same period last year, and a net profit of -138808.15 million attributable to shareholders of listed companies, a decrease of 1064.01% over the same period last year.

Under the influence of the national financial policy, the credit bank said that the credit bank made loans to Shenzhen Zhen Qiao Fashion Co., rainbow modern trade (Shenzhen) Limited company, rainbow modern trade Co., Ltd., Yatai expansion trade (Shenzhen) Limited company, Shanghai European Blue International Trade Co., Ltd., which resulted in a substantial decline in the proportion of new goods, which seriously affected its operating performance, resulting in the impairment of goodwill. The company carried out a devaluation test and prepared 381 million yuan for the reduction of goodwill.

In addition, the financial platform of Shenzhen Hermes Intelligent Technology Co., Ltd. (hereinafter referred to as "Hermes intelligence") and Shenzhen Hermes small loan Limited by Share Ltd (hereinafter referred to as "Hermes small loan") has been sharply reduced due to the adjustment of national financial policies and other factors. The borrower's willingness to repay loans on time has been reduced. The company has made provision for loan impairment provision and risk reserve 700 million yuan, the business performance has been seriously damaged, and goodwill has been showing signs of impairment. The company has conducted a impairment test on Hermes Chi and Hermes small loans and prepared a total of 138 million yuan for the impairment of goodwill.

Last year, Herme Group continued to storm.

On 11 and 28 2018, Herme group announced that the company's two level wholly owned subsidiary, Shanghai Europe Blue International Trade Co., Ltd. (hereinafter referred to as "Shanghai Europe blue") and the two class controlling company, Shenzhen Zhen Qiao Fashion Co., Ltd. (hereinafter referred to as "Qiao Qiao fashion") are ready to sign an agreement with Giorgio Armani (Shanghai) Trading Co., Ltd. (hereinafter referred to as "Shanghai Armani"). The Shanghai European blue and Zhen Qiao fashion are expected to sell the Armani brand part of its stock and related fixed assets (hereinafter referred to as the "spanaction target") to Shanghai Armani for the spanaction price of not more than 209 million 932 thousand and 900 yuan.

According to the latest announcement of Herme group, because Armani seeks to develop direct business in the Chinese market, it requires the company to recover the brand dealership of Zhen Qiao fashion and Shanghai Europe blue Armani, and the company loses 60 million yuan in dealing with Armani brand agency.

In December 5, 2018, the Beijing News reported exclusively, and became the focus of the market with easy access. However, Herme group has now been classified as a dishonest executor (commonly known as Lao LAI), and the Executive Court is the people's Court of Jiang'an District of Wuhan. The execution number is (2018) No. 9657, Hubei 0102 early Republic of China, case number (2018), Hubei 0102 holding No. 2624.

In December 7, 2018, Herme group announced the announcement. It said that the above case is the case of the shareholder of Hanqiao Machinery Factory Limited, the controlling shareholder of the company, the Beijing first investment limited liability company and the Wuhan credit small loan Limited by Share Ltd financial loan contract dispute case.

Herme group in the reply to the exchange's announcement, the Herme group financial sector in 2018 half year revenue accounted for 22.89%. Affected by the tightening of the P2P industry policy and market environment in the first half of 2018, the lending ability of the financial sector has dropped significantly, and the willingness to repay the loan customers has decreased, and the rate of bad debts has increased. At present, there has been a cashing gap in the sector. The relevant subsidiaries of the financial sector have taken measures to strengthen the collection, improve the liquidity of loan funds, ensure the normal operation of the financial sector, and speed up the recovery of financing and lending capabilities.

Herme group said that in the first half of 2018, affected by the national policies, banks and other financial institutions postponed the continuous credit business of stock loans, and the financing difficulty of the company increased. The liquidity of the company was affected by the market environment to a certain extent, resulting in serious damage to the financing ability of the company in the first half of the year. After the second half of the year, the national financial policy strategy had a callback. Although the company had been temporarily refunded without any loan, most of the loans due to banks and institutions had been successfully extended, and the company's bank financing capability was gradually recovering.

At present, the herd group, which is constantly in turmoil, has come to a new turn.

In February 18th, Herme group announced that it was planning to buy shares of hero mutual entertainment through issuing shares, and the matter may involve changes in the controlling shareholders and actual controllers of the company.

Herme group said that in view of the uncertainty of the matter, in order to safeguard the interests of investors and avoid a significant impact on the company's share price, according to the relevant provisions of the Shenzhen stock exchange, the company's stock (Securities short: Herme group, stock code: 002356) has been suspended since February 18, 2019 (Monday).

Public information shows that the value of mutual entertainment has reached tens of billions of scale, and the introduction of Wang Sicong's capital, Huayi Brothers and so on. Today, heroes are the largest Internet Co in Shaanxi province and the largest private enterprise in Yanan. At present, the global registered users of heroes have reached 400 million.