Two-year anniversary of the listing of Wright Hillier, successful acquisition

In the second anniversary of its listing on the main board of Hong Kong, LaiTeier Holdings Limited (stock code: 3709.HK) announced that: after the company's trading hours on June 24, 2016, La Kora International Limited, a wholly-owned subsidiary of the company, was listed in Renminbi. At a cash consideration of approximately RMB76.7 million, it acquired 65% of the equity interest in Shenzhen Mengdale Industrial Co., Ltd. (“Mongolia”). The acquisition agreement has been formally approved by the government and the acquisition takes effect!

Cardidale Women's Brand Profile

Shenzhen Mengdale Industrial Co., Ltd. was established in 2000 in Shenzhen, China. It is mainly engaged in the design, production and sales of high-end women's clothing. It owns the high-end women's wear brand "CADIDL" (Kadirdale). Kadıdır targeted 30-45-year-old women with economic strength. As of December 31, 2015, Cadillac has opened 84 retail stores in China.

Cardidale Women's Brand Store Image

Cardidale Womenswear Brand Autumn Winter 2016

Since its establishment in 2007, shenlai Lai Taier Garment Co., Ltd. has successively launched three major luxury womenswear brands, Koradior, La Koradior and Koradior elsewhere. After seven years of rapid development, on June 24th, 2014, Reiterer successfully landed on the Hong Kong Main Board and became the first Shenzhen-based haute couture company listed in Hong Kong.

Since the listing on June 24, 2014, although the stock market has been ups and downs, Reiter has maintained a very healthy and consistent growth. This is closely related to the company's strong growth momentum. Radial has been closely followed and affirmed by the capital market. Shortly after the IPO in 2014, Ms. Wright was included in the Morgan Stanley MSCI Global Small Cap Index; at the end of 2015, Ms. Wrighter cited the Fosun Strategy as a share, confirming the affirmation of the capital market; Till was selected into the Hang Seng Index, which provided greater imagination for the market valuation. Today, the acquisition of Cadillare has provided new impetus for the company's long-term development.

Lei Tier has been deeply involved in the fashion industry for nine years and has been committed to becoming a leading company in the high-end women's apparel industry in China. While stably developing its business, the company insists on adopting multi-brand development strategies. The acquisition of Cadillare is in fact in line with the company's strategic considerations: On the one hand, Cady Mould can contribute more revenue to Rachel Lair, improve the company's profitability, and help the company's performance during the year benign growth. On the other hand, Reiterel and Cadillare's customer base, sales channels and other resources can be effectively integrated, and the synergy effect is obvious, which is conducive to further expanding the market, increasing market share, and accelerating the company to achieve large-scale development. .

There are still huge business opportunities in the Chinese fashion industry. Looking ahead, the company will continue to grow its existing business on the basis of stable growth, or through mergers and acquisitions and other means of cooperation to expand business areas and develop new business models, as well as provide a strong impetus for the company's future growth, and create greater value and return for shareholders. .

Koradior young fashion feminine