Qingdao King Wang 150 million shares leisurely can uco.com get cosmetics online sales channels

Securities Times Network (www.stcn.com) December 13 Qingdao Gold King (002094) 13th evening announcement, the company intends to fly Hangzhou leisurely fly, Hangzhou leisurely poly, Club Luo e-commerce Co., Ltd. ("Club Luo") and other signed the "Investment Agreement". To be able to uco.com new registered capital and buy leisurely uco.com existing part of the form of equity, the total investment of 151.7 million yuan, to obtain the uco.com37% equity. Leisurely uco.com Total Equity evaluation value of 284.3642 million yuan, by the parties to the transaction to determine leisurely uco.com value of 281.506 million yuan. According to the bulletin, the main business of the acquisition of cosmetics research and development, network and physical stores wholesale and retail, cosmetics raw materials import, e-commerce technical advice and services. November 30, 2013 financial indicators: Total assets of 156 million yuan, total liabilities of 132 million, net assets of 24.236 million yuan, operating income of 245 million, net profit of 11.9674 million yuan. The counterparty also made a profit compensation, promised leisurely uco.com2014 year to 2017 profit of not less than 15 million yuan, 30 million yuan, 60 million yuan and 100 million yuan. The above profit figures are the net profit after deducting the non-recurrent profit and loss and the income tax. Qingdao Gold King said that in recent years, E-commerce has continued the trend of rapid development, online shopping cosmetics market scale continues to increase, cosmetics electric business also developed rapidly. Through this transaction, the company will realize in the cosmetics vertical electric quotient aspect quick cut, and can be uco.com comprehensive business cooperation, to help the company's own cosmetics brand online under the traditional channels on the basis of access to the line to achieve line online channel business integration and mutual promotion, the company's cosmetics business development will have a positive impact.