Diversification Of Clothing Aggravated Shanshan And Other New Industries

Two giants in the field of local suits, who have been fighting for years. Youngor And Shanshan stock recently extended the diversification front to the health field.

Earlier this month, YOUNGOR announced that it plans to invest 1 billion yuan to set up a health industry fund in Ningbo, Zhejiang. The first phase will pay 500 million yuan to seize investment opportunities in the domestic health industry. Just a few days ago, Zheng Yonggang, chairman of the board of directors of Shanshan holding company, also revealed his strong interest in the field of health in an interview with the twenty-first Century economic report reporter.

"Chaoyang industries such as life, health and energy materials will get wider and wider when they set foot in the sun industry. The only way to dress is to get narrower and narrower, because there are too many people." Zheng Yonggang said that the next step into the life and health industry will definitely invest, and the involvement will be very deep, not only from the foundation, but from the intermediate level.

In recent years, whether Zheng Yonggang himself or his leader Chinese fir Diversification and cross industry investment have long been the latest footnotes of their role. "The era of clothing making money has passed, and the upgrading and adjustment of the garment sector will go deep." Zheng Yonggang said.

　　 Diversified layout into consensus

According to the information disclosed by YOUNGOR, YOUNGOR is invested by its own capital and wholly owned subsidiary YOUNGOR Investment Co., Ltd. is the manager of the health industry fund. It is responsible for looking for investment projects around the health care industry, including project development, due diligence, analysis and certification, and post investment management. The fund will last for five years, and it can be postponed for two years after approval by the partners' meeting.

"The company will invest in equity investments for industries with good industry prospects and value for mergers and acquisitions, and pay attention to the opportunity of excellent listed companies and the opportunity to restructure and restructure the large and medium-sized state-owned enterprises in the medical and health industry."

Years ago clothing YOUNGOR, whose main business extends out of real estate and invested in two new business segments, seeks to diversify when it seeks diversification. The Shanshan Group, which has been a strong enemy for many years, has also announced its entry into the health industry in the same month.

about Cross-border investment Triggered by the discussion, Zheng Yonggang said: "strictly speaking, I am an investor, clothing, materials, health are very different areas. For investors, there is no competition between any two investments. Different industries have different industrial attributes. Although the clothing is limited in volume, it has the largest accumulation of capital, and the finance is big, but the debt may be very high. "

The Shanshan Group, a subsidiary of three listed companies, combines its share of banks, insurance and futures businesses. Its business scale is now nearly 100 billion. As one of the largest suppliers of materials (energy materials and lithium battery materials) in the international market, the diversity of Chinese fir is becoming clearer. "Diversification does not mean giving up the clothing sector, but only integrating its industrial capital and financial capital into one." Zheng Yonggang pointed out.

　　 Costumes continue to shrink

Like the private enterprises such as Shanshan Group, many local leading enterprises have been looking for new profit growth points in the past few years. At the same time, similar YOUNGOR investment real estate once a year of loss risk case also let clothing enterprises in considering "do not work properly", raised vigilance.

In this regard, Zheng Yonggang said that the clothing sector of Shan Shan is still profitable, but accounts for only about 20%. Last year, the company also stopped a factory. In the future, the production capacity will continue to be turned off, but good brands will continue to expand. "Now there are more than 20 brands in the group, and quite a few of them are joint venture brands. The company hopes that the joint venture brands will increase as much as possible." Zheng Yonggang pointed out.

"In the first tier cities High end retail There are Chinese brands such as Shanshan, but we have to admit that the market has been very fragmented. The biggest challenge is oversupply, the cutting-edge fashion products are still very scarce, and the full competition caused by homogenization is very intense. We hope to make further improvement. He said.