Keno Technology Intends To Buy Hai Lan'S 100% Stake In The Restructuring Amount Of Up To Several Billion Yuan.

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Less than P, since July 13th, the market has been talking about the restructuring targets of keto technology because of planning for major matters.

Today, keno technology has finally revealed some clues. The company intends to issue shares to buy the 100% stake of Hai Lan home, a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > Limited by Share Ltd.

Reporters noted that the home of Hai Lan and keno technology are quite different from each other. They both held the same position at Hai Lan group.

Hai Lan's home tried IPO before, but was rejected by the SFC in 2012.

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< p > data show that the home of Hai Lan was changed by Jiangyin Hai Lan home dress Co., Ltd. in October 23, 2007.

The business scope of the company is the production of < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > fine woolen woollen yarn, wool yarn, woolen sweater, needle a target= "_blank" href= "//www.sjfzxm.com/" > textile > _blank > product, etc.

Its main business is "Hai Lan Jia" and "Ai Ju rabbit" series < a target= "_blank" href= "//www.sjfzxm.com/" > brand clothing < /a > operation, including brand management, supply chain management and marketing network management business.

The main brand of the company, "Hai Lan's home", is located in "high quality, medium price".

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< p > March 8, 2012, Hai Lan home disclosed the IPO declaration, plans to issue 49 million shares, the total share capital after the issue will reach 489 million shares, and raise funds 1 billion 60 million yuan.

Once the announcement was disclosed, it immediately triggered the discussion among many investors in the market. The most criticized was the explosive growth of the company's inventory.

In the 3 years from 2009 to 2011, the inventory of Hai Lan's home has reached 1 billion 308 million yuan, 1 billion 700 million yuan and 3 billion 871 million yuan, respectively, accounting for 50.21%, 44.41% and 56.82% of the total assets of that year.

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< p > in May 28, 2012, the SFC website posted a decision on not approving the application for the initial public offering of Hai Lan's home, and said that Hai Lan's controlling shareholder, Hai Lan group, was a controlling shareholder of Keno technology. In 2009 and 2010, three main suppliers of Keno technology had business or capital dealings with Hai Lan's home and Hai Lan group. The presentation of the materials and representatives of the Hai Lan home company and the sponsor representative did not fully and reasonably explain the above specific matters.

The issuing committee considers that the independence of Hai Lan's home is flawed.

The above situation is not consistent with the provisions of the twentieth provision of IPO.

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< p > it is worth noting that today's announcement does not cover the specific content of the takeover. Keno technology only said that it is still auditing and evaluating related assets, so the company's stock will continue to be suspended.

Some market participants said that considering the situation of Hai Lan's home before applying for IPO, the restructuring amount could be as high as several billion yuan.

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