Company News: Busen And Smith Barney Again Broke The News.

The "capricious" termination of the reorganization was investigated by the SFC.

Busen shares announcement, the company received the notice of the China Securities Regulatory Commission in May 12th, because the company suspected of violating the securities laws and regulations, according to the relevant provisions of the securities law, the China Securities Regulatory Commission decided to investigate the company's merger and acquisition of Hong Wah agricultural matters.

The company said that the company will actively cooperate with the CSRC's investigation work and strictly fulfill its obligation to disclose information.

At present, the production and operation of the company is in normal condition.

Busen shares announced plans to increase the plan in August 2014, and the shares of the 140 million stake of the shares will be priced at 4 billion 170 million yuan to acquire 100% stake in Hong Wah agriculture. After the completion of the increase, Hong Wah agriculture will be listed backdoor.

However, because the company's controlling shareholder Busen group and Hong Wah agriculture and its shareholders have great differences, the eventual restructuring of the major assets was terminated in November.

Three consecutive years of revenue decline in the first half loss of 150 million

Reporters recently discovered from the first quarter report released by the US bond apparel company found that the company achieved operating income of 1 billion 754 million yuan from January 2015 to March, down 4.75% compared with the same period last year. The net profit attributable to shareholders of listed companies was 38 million 806 thousand and 400 yuan, down 63.58% compared with the same period last year, and the basic earnings per share were 0.04 yuan, down 63.64% compared to the same period last year.

From its annual report, we can see that in the pition period, the American state apparel has declined for three consecutive years. At the same time, the United States apparel company expects to have a huge loss in the first half of this year. The company expects the loss in the first half of this year to be 0-1.5 billion yuan, which was 179 million yuan in the same period last year.

Chairman of American Apparel

In response to the closing of nearly 800 stores in 2014, 20th anniversary enterprises in Qing Dynasty said that many traditional clothing enterprises were suffering.

"The past pedestrian street is the Gold Souq, where the more the shop opens, the better it is now. There is no need for so many stores in a street, so we save the cost by closing stores."

He said that in the era of "channel is king", clothing enterprises will spend money to smash channels and open shop around. Nowadays, when users are king, they will become spending money to "smash" users, like burning money for taxi software.