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China'S Trend: Concluding A Restructuring Agreement

2010/9/19 18:28:00 51

China'S Restructuring Agreement

  

China

Trend announcement, affiliate

Shanghai

The restructuring agreement was implemented by the 5 parties, including the 4 Party members, the third party members and the company of John B.


At the time of completion, the group's actual interests in operating assets and businesses will remain unchanged, but will be held through its stake in the company, and the company will have 5 operating companies.


The main business of the operation company is sportswear supplies in major provinces and cities of China.

distribution

It includes, but is not limited to, distributing Kappa brand products in major provinces and cities in China, and running sportswear shopping centers.


The reorganization will enable the company to enhance its market share and bargaining power through the establishment of a distribution alliance, increase capital utilization efficiency, provide sales channel development capabilities, and provide distribution alliance with higher operating margin than the same industry through providing customized products customized to China by the distribution alliance.

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