Mei Bang Clothing: Quit Electricity Business &Nbsp; Controlling Shareholders Pay 60 Million Yuan

As early as 2009, we entered e-commerce. Smith Barney Clothing, taking into account the financial risks that may be brought into the early stage of investment, decided to stop the business, and the Mdt InfoTech Ltd purchased the brand products from Mdt InfoTech Ltd through e-commerce platform. And the 60 million yuan tuition fee that the United States wears in the e-commerce business will be generously paid by the controlling shareholders.

Today, the United States State clothing announced that the company intends to stop. Electronics As a business operator, AI Shang Bang will sell the brand products as an operator through e-commerce platform. As the subsidiary business of the "AMPM" and "Qi" brand shoes, toiletries, household products and so on, is the subsidiary business of e-commerce business, it is located in the professional network sales channel. Therefore, the latter company will no longer organize the online operation of the above two brands. Now it is intended to use the electronic commerce business and brand online operation right to be awarded to AI Shang state for its operation period. The cost of 15 million yuan for the salary and product development of "AMPM" and "Qi" brand will be compensated by the Shanghai Huafu Investment Co., Ltd.

Because AI sang Bang is the American Apparel control shareholder's clothing. Investment A wholly owned subsidiary, therefore, the spanaction constitutes a connected spanaction. It is worth noting that according to the announcement of the September 29th American Apparel Show, the company expects that the upper limit of the related spanaction volume of commodity sales in 2011 and AI Shang Bang is 200 million yuan, which is not high compared to the main business income of nearly 7 billion 600 million yuan last year.

Reporters noted that Smith Barney recently made an explanation for the outage of e-commerce business. The company believes that e-commerce, as a new retail mode, needs huge investment in logistics distribution, marketing resources and information systems. The financial risk is not controllable in the early stage. So at the end of 2009, although the company began to build its own e-commerce platform, it has not been able to scale up the E-commerce platform, logistics facilities and fixed assets needed by the business, and the e-commerce business has not been effectively developed. The initial investment of about 60000000 yuan has been incorporated into the company's profit and loss statement. In the first half of this year, the company's performance increased by more than 8 times. Online retailers Revenue from channel contribution has not been mentioned.

However, as the electronic business platform was handed over by AI Shang bang, the controlling shareholder decided to pay for this part of the bill. In October 18th, the company received a letter of commitment to invest in Chinese clothing. The Chinese clothing investment said it was willing to make the corresponding amount of compensation for the company's initial investment. The 60 million yuan compensation will be paid to the company within 15 days. Purchase and purchase Now we have stable operation and continuous profitability. Under the same price and condition, the company enjoys the priority of merger and acquisition with AI Shang bang.