Legal stock restructuring will create a new glory for the Group

At the beginning of the new year of 2006, the shares of the Fapa Group were restructured. Peng Xing, Chairman of the Board and President, paid a huge sum of money to acquire the entire equity of the Fa. After learning about the reorganization of the legal stocks, many investors want to participate in the French School Group, and many domestic and foreign funds wish to inject into the French School Group. Peng Xing stated that after this shareholding restructuring, the French faction will conduct a listing operation at an appropriate time and socialize both industry and capital.

In the eight years since its establishment, Facha has achieved top honors in many countries such as "China Famous Brand", "China Famous Brand" and "National Exempt Inspection Product". Products are exported to Japan, France, Italy, Hong Kong and other countries and regions. The first phase covers an area of ​​100 acres, with an annual output of 1 million sets of high-end suits and 20 million pieces of clothing series, the French International Industrial City has been completed and is scheduled to be relocated in May this year.

In order to meet the needs of domestic and foreign apparel industry development and meet the ever-changing challenges of the market, the company has made the company bigger, stronger, better and longer on the original basis. After friendly negotiation, the legal representative will carry out equity reorganization: Pengxing acquires legal school The Group’s entire shareholdings; Feng Zhe, the former executive Vice President of Fengfa Group, acquired all the shares in Fa Fa Footwear; Fa Fa Group temporarily authorized Fa Fa Footwear to use Fa Fa Trade; Fa Fa Group’s former Vice President, Dai Zeng Hui, acquired Dai Des Fashion Co., Ltd. Equity. The reorganization of the French School’s shares has won the leadership of the province, city and relevant departments and the Sino-Swiss financial group, China-Switzerland Real Estate, Shanghai Ruiying Investment Management Co., Ltd., and the Netherlands-Belgium-Hong Kong Sanli Holdings Co., Ltd. The understanding and support of shareholders and strategic partners such as French Japan customers, brand agents, and suppliers. Peng Xing's remarks on the reorganization of the stock have made him proud and respectful. He said: When "1+1+1>3", cooperation at this time is the best; when 1+1+1≤3, cooperation is the greatest waste of human resources, that is to say, if every shareholder in the company has the ability to run a company independently. At that time, there was no need to tie it up in a company. Otherwise, it was a waste of human resources."

After the equity reorganization, the legal stock rights will be more concentrated, which will help enterprises seize market opportunities and ensure that the two key management links of “decision making” and “execution” are effective and prompt, laying a solid foundation for further building a harmonious enterprise, marking the The French School Group has entered a new milestone. New measures, new weather, new starting point, and creating a new era of development, the restructured enterprises will usher in a new round of development. Peng Xing, president of the Legal Group Group, said with deep feelings: “The cooperation between many years of storms and exchanges has only contributed to today’s achievements of the French School. We wish all companies that have restructured their shares to develop smoothly and become leaders in the positioning of their respective brands and become a global market. The communist communist friends."