Functional textile industry leading enterprise kang hundred holding group, has announced the acquisition of Shanghai and also the bedroom successful products Co.,china interlining, LTD. The 2010 just landed successfully the Hong Kong exchange listed companies, as emerging function textile industry representatives, has sounded the brand of the industry capital integration horn.
According to understand,interlining, kang hundred holdings (group) limited company is listed on the Hong Kong stock exchange's joint-stock Co., LTD,drapery interlining, kang hundred holding group in 2011 March 9 on the Hong Kong stock exchange in Shanghai qingpu or acquisition announcement in Shanghai and also the bedroom products Co.,interlinings, LTD. In accordance with the relevant provisions of the listed company, kang hundred holding commission and authorized the acquisition of Shanghai and also OuYangZhuoNan first, and due diligence investigation by kang hundred holding company in Shanghai and also after unconditional will share to kang hundred holdings. 52% proportion. The acquisition of Shanghai and is also the HuaJinChen last year's shopping again after purchase action.
According to authoritative functional products exposition "the 11th China international health industry exposition" organizing committee chief HongFei introduction, our function textile industry has reached about 200 billion yuan of annual big industry, and by more than 15% of annual sales growth rate, already became knitting, household textiles industry important emerging direction. But, industry enterprise scattered forces, brand strength weaker, therefore, through the capital market integration industry development, imperative. Kang hundred holding this merger activity should be the industry's first merger events.