The Application Of "Supply Chain Construction Project" Has Been Approved.

Brand enterprise

It has announced that its previous non public offering does not exceed 18 million new shares, and the application for raising funds of 550 million yuan for the construction of "supply chain construction project" has been officially approved by the China Securities Regulatory Commission (hereinafter referred to as "China Securities Regulatory Commission").

According to the notice of the reporter, the bird announced in 2015 that the number of shares to be issued is not more than 48 million shares, and the fund raised is 1 billion 614 million yuan for construction.

Production and supply chain construction projects, sports cloud platform construction projects and repayment of bank loans.

But later, it was easy to draft, and finally implemented as "supply chain construction project".

Reporters understand that the supply chain construction project is expected to invest 551 million yuan, including 396 million yuan in construction investment and 154 million yuan in mobile capital, with a construction period of three years.

Among them, the capital needed for construction investment is raised through this non-public offering stock, and the floating capital company will solve it through self financing.

You see, as the industry gets warmer, the company's construction supply chain project will gradually pform its outsourcing into its own production. After the project is completed, it has 10 million sportswear production capacity, which matches the number of garment outsourcing purchases during the reporting period. The company also has the ability to digest 10 million production capacity.

Wang Fenghua, a securities analyst at Lian Hui securities, said that it is feasible to increase the shares of the birds in order to build production and supply chains for clothing products, so as to reduce production costs and inventory costs.

From the earnings report, the main business income of the main bird business is mainly sports shoes and clothing. Among them, the footwear products of the company are mainly self produced, and the clothing products all adopt the outsourcing mode. With the completion of the garment production and supply chain project in the future, the production mode of the costumes will gradually shift from all the external production to independent production.

In Wang Fenghua's view, this mode of independent production can greatly improve the response speed and flexibility of orders according to the market situation, which can effectively avoid the problem of unsalable inventory, ensure better cash flow, and improve the stability of the quality of clothing products.