Long Zi Shares: 120 Million Yuan Acquisition Of Korean Baby Clothing Supplies Company

[announcement brief]

In November 4, 2014, the company's wholly-owned subsidiary, South Korea, signed a new subscription agreement with KSED and Akiba. Akakon intends to issue 4760000 shares of new shares, and 4200000 of the 5100 shares won by South Korea, with a total of 21420000000 won and about 120 million yuan. After the completion of the new subscription, South Korea holds 8 million 472 thousand shares of Akbar, accounting for 25.86% of the total share capital issued by Akbar.

[bulletin review]

Akakon company establish In April 2, 1979, it was The Republic of Korea The first company specializes in infant clothing and supplies company. The company's 0-4 year old children's clothing, baby products, skin care products, toys and other children's growth products, a total of 5 series of brands, currently has 750 stores in South Korea. The acquisition is based on existing channels, supply chain, management platform and research and design capabilities, and actively develops related industries. It is conducive to timely understanding and grasping the international development trend of the industry, learning and drawing on the latest international fashion design concepts and management experience, so as to accelerate the pace of nationalization operation of internationally famous fashion brands, and further improve the company's industrial chain, enhance the bargaining power of the core products and the comprehensive competitiveness of the market.

[institutional rating in recent months]

nothing

[ Technical highlights ]

After the resumption of the stock market, the stock price has dropped sharply. It shows that there is a strong pressure on the top, and the probability of further compensation is shorter.