To Meet The Needs Of Warehousing And Logistics, Winning Fashion 400 Million Acquisition Of A Material Factory Area

In September 5th, the winner's fashion was announced. Its wholly owned Affiliated Companies, Shenzhen Co., Ltd., bought 401 million of the total stake in Shenzhen's flat panel display materials, and assumed its outstanding debt liability of 189 million yuan.

It is understood that Shenzhen Hao Wei flat panel display material currently holds a new factory in Shenzhen City Industrial Park Pingshan Howe new material plant, owns 34999 square meters of land, 90371 square meters of factory buildings, and has leased the property of several units to earn rental income. After winning the fashion, the winner will use the remaining units of the company's industrial complex as the warehouse and logistics center of the group for general business purposes.

The winner's fashion Board believes that the acquisition of the company can meet the demand for warehousing and logistics brought by the continuous growth of the group business, reduce future rental costs, and if the industrial complex can be fully utilized by the group in the future, the group can also expand the income base by renting rental income. This acquisition also promotes the winner's fashion to purchase a large bay area property at a lower price, which can bring value to the group in the long run.

In recent years, with the rapid development of new retail, online and offline full channel business has brought more challenges to the construction of logistics center. There are different requirements in packaging, time, information processing and handover. Intelligent digital logistics system began to be used more frequently in warehouses and logistics centers. During the busy season and the electricity supplier activities, a reasonable logistics system can enable enterprises to conduct B2C and B2B business in an orderly manner.

Since Letil was renamed the winner's fashion, the winner's fashion has entered a new era. Relying on the "multi brand + all channel" strategy, the first half of the year achieved a two digit profit growth in profit and a 10.9% growth in net profit. According to the financial report, the growth of the first half of the winner's fashion is mainly due to the growth of the sales volume and the rapid growth of the electricity business.

As of June 30, 2019, the winner fashion owned 885 retail outlets, including 648 direct outlets, 237 distributors, and 23 new businesses. The revenue of the whole offline store reached 1 billion 202 million yuan, up 9.28% from the same period last year, accounting for 89.9% of the total revenue of the company during the reporting period. In the first half of the year, the winner's fashion revenue reached 131 million yuan, an increase of 25.48% over the previous year, accounting for 9.8% of the total revenue of the company during the reporting period. The revenue of Tmall and vip.com's two platforms increased by 21.16% and 41.55% respectively.

Continue to promote the good operation of online and offline businesses. Winning fashion needs a suitable warehouse and logistics center.