Seven Wolves Issued New Initiatives, The Company'S Shares Will Resume Trading In July 14Th.

For garment enterprises, reform and development is the absolute principle.

The shoe and hat net is introduced to the seven wolves to set up an industrial investment fund.

In order to effectively promote the company's strategic upgrading and use professional advantage team to promote the pace of investment, seven wolves announced in the evening of July 13th that the company intends to cooperate with Beijing Zhiyuan new Cci Capital Ltd (hereinafter referred to as "Zhiyuan investment") to initiate domestic RMB funds and invest in lifestyle related industries, such as big fashion and consumer culture.

The company's shares will resume trading in July 14th.

According to the plan, the fund is set up by dual GP mode, and the total amount of subscribed capital is 100 million 200 thousand yuan, which is paid by all partners.

Among them: Zhiyuan investment, as one of the general partners (GP), has subscribed 100 thousand yuan, and the proportion of subscribed capital is 0.1%; the wholly-owned subsidiary of Xiamen, as one of the general partners (GP), has subscribed 100 thousand yuan in investment, and the proportion of subscribed capital contribution is 0.1%; the company as a limited partner (LP) has subscribed 100 million yuan, and the proportion of subscribed capital contribution is 99.8%.

The announcement shows that the fund will focus on lifestyle related industries such as big fashion and consumer culture, including, but not limited to, the fashion industry (including clothing, shoes, hats, cosmetics, jewelry).

Accessories, leather goods and bags, household products, consumer electronics and other fields) and fashion services (including beauty and fitness tourism, catering and entertainment, film and television music, animation media).

Guotai Junan (32.82,1.500,4.79%) research report pointed out that

The boom of the clothing industry and the over saturation of clothing stores have led to the fact that clothing companies in the past have come to the end of their growth by relying on store expansion. The seven wolves are also suffering from the problem of closed stores and high inventory prices.

According to the financial report, since 2013, the seven pound wolf has maintained more than 3 billion 600 million yuan in book cash, taking into account the lack of growth in the company's performance. It is expected that Future Ltd will achieve extensive expansion by means of mergers and acquisitions.

In addition, the company's controlling shareholder, the seven wolf group, has rich experience and resources in the field of financial investment and real estate, which will provide a strong guarantee for the seven wolves in the pformation and integration and business expansion.

Suspended in July 8th, the company said it intends to invest in fashion related companies, which has a significant impact on the company.

Before the suspension, it closed at 12.40 yuan / share.

We will wait and see the trend of its resumption tomorrow.