Semir Apparel Buys 70% Stake In Yu Han Shanghai

< p > > the world's < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes < < hat net "Xiaobian introduced to you is" Semir "" 102 million 200 thousand "to buy 70% stake in Yu Han.

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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201407/21/20140721112659_sj.JPG "/" < > > "

< p > July 20th, Semir clothing (31.02, 1.22, 4.09%) (002563) announced on Sunday afternoon that the company signed the agreement on the purchase of assets in July 17, 2014 with Hongkong Rui Zhi Group Limited (hereinafter referred to as "Rui Zhi group") (hereinafter referred to as the "agreement") to purchase 70% stake in Yu Han group (Shanghai) Information Technology Co., Ltd. (hereinafter referred to as "Yu Han Shanghai").

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< p > Yu Han a href= "//www.sjfzxm.com/news/index_p.asp" > Shanghai < /a > is a wholly-owned subsidiary of Ruiqi group. It owns FasTracKids (genius baby), FasTracEnglish (little earth) two educational brands and related children's education business.

According to the audit report of PWC Zhongtian accounting firm, as of December 31, 2013, the total assets of Yu Han Shanghai were 128 million 912 thousand and 600 yuan, the net assets were 73 million 99 thousand and 300 yuan, the operating income in 2013 was 58 million 652 thousand and 100 yuan, and the net profit was 4 million 230 thousand and 800 yuan.

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< p > according to the agreement, Rui Zhi group agreed to pfer the 70% share of the registered capital of Yu Han Shanghai to Semir clothing. The pfer price of the shares is 2.5 times as much as that of Yu Han Shanghai's 2013 business income as the valuation basis of the paction, which is RMB 102 million 200 thousand yuan.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Semir dress < /a > indicates that compared with the company's current scale of operation, profits and net assets, Yu Han Shanghai and its subsidiaries have smaller business scale and lower profitability. This external investment has no significant impact on the company's business performance this year.

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