The tidings Bird invests 15.3 million yuan to hold than the road special company

November 17, the Annunciation (002154).　　SZ) issued a notice, the company's own funds to invest more than 15.3 million yuan in Shanghai than Root Fashion Co., Ltd. (hereinafter referred to as the company), after the company held more than the road company 51% stake, the absolute holding position.　　The company will be with the natural person Gevu, Sulibin, Liuze, Shaochang, Chen Changwen, Wu Yunwei, Shi Xiaodong together to increase capital to the company than the road, the completion of this replenishment than the company's registered capital increased to 30 million yuan.　　The company is mainly engaged in low-end fashion sports apparel production and sales, the company's investment will help expand the original product category, the use of their own chain marketing network management advantages, the formation of new growth in performance.　　The latest results show that 2010 years ago, the company realized operating income of 893 million yuan, an increase of 26.44% per cent, attributable to the parent company shareholder net profit of 160 million yuan, an increase of 56.29%. Zhejiang Merchants Securities Release Research report said, by the demographic dividend and the impact of consumption upgrades, the next three years clothing wholesale and retail industry will be in the rising state, the good news Bird as a well-known brand of clothing enterprises, will fully enjoy the steady growth of the industry. November 16, the company issued a notice that will be selected in 800 cities in some cities to open 178 stores, the expansion of the channel is conducive to the company to seize market share, enhance the company's performance. In addition, the same brand of multiple horizontal development strategy will be the company's brand value and goodwill into a real cash flow, but also enhance the company's future development space.　　Zhejiang Merchants Securities said that the next three years, the Phoenix will be at a rapid growth situation. Saint-Angelo is mainly engaged in the Saint-Angelo brand suits and shirts, such as men's series apparel products design, production and sales. Company to take the domestic high-end boutique men's development line, the first in the country to introduce Monopoly franchise franchise sales model, as of the end of June 2010, the Saint Angelo brand outlets a total of 679, Saint-Gerol (s.angelo) fashion brand outlets 109, the company stores a total area of 109,000 square meters.