Chapter 380: 383

In fact, the "Jiangnan garment factory" is very cow. Its predecessor was the Jiangnan manufacturing Bureau, which has a history of about 100 years, and then the state-owned "Jiangnan No. 1 textile factory". It was reorganized and restructured more than 30 years ago before it became the "Jiangnan garment factory".

Jiangnan textile company is now a listed company, and has been listed for more than 20 years. It is mainly engaged in home textiles, bed sheets, quilt covers, four sets of towels, etc. the market share is not very high, of course, it is not too low. After all, it is a century old brand, which is recognized by some local elderly people.

The annual profit is about forty or fifty million yuan, and the total sales is less than two billion yuan. The stock price is maintained at more than two yuan and three yuan all year round, which is extremely stable.

He has never been involved in the field of "children's clothing" and "children's toys" before. Yang Wuchan started two projects as soon as he came. Many people feel a little reckless, but no one dares to say anything.

In the past, "Jiangnan textile" and now "Jiangnan group", Yang Wuchan is a well deserved major shareholder. He controls almost 70% of the shares of the company, and no one can control it.

Jiangnan group has its own textile factory and its own manufacturing workshop. The channels from raw materials to production and sales are very complete.

After Yang Wuchan finished his intention, he saw no one interrupt and nodded with satisfaction: "in addition to establishing 'longtiao children's clothing company' and 'Longhai children's toy company', the company will also spend 1 billion to buy back shares from the secondary market at a price no higher than 50% of the current share price."

Share repurchase?

The middle and senior managers of the company have opened their eyes. Now the company's shares circulating in the market are not high, and most of them are in the hands of Yang Wuchan. Now do you want to buy back? Buy back again, isn't it about to complete privatization and delisting?

"Who is the purchasing manager of the company?" Yang Wuchan asked.

A middle-aged woman in her forties with a silver frame quickly stood up and said respectfully, "miss three, it's me."

As soon as Yang Wuchan heard the name, she knew that the other party was the old man of the sheep family and knew herself.

Smiling and nodding: "Sister Ping, Hello, sit down. Sit down and say you don't have to stand up." after the purchasing manager of the company sat down, he asked, "as far as I know, the company has its own way to purchase raw materials, right?"

Sister Ping nodded and said, "yes, the company has signed purchase contracts with several important cotton growing areas in China. In the past, 65% of the company's finished fabrics were produced by the company's textile mills."

"Good!"

Yang Wuchan nodded, thought about it and said, "starting from this year, expand the procurement of raw materials. In the future, the company's products should be produced and sold by itself as much as possible, and control the source of raw materials."

After a pause, he asked curiously, "I remember that cotton is also graded. Is there good or bad?"

"Yes, most of the high-quality cotton comes from..." Sister Ping began to introduce.

Yang Wuchan listened quietly. After Sister Ping introduced it, she said, "I want to spin the best cotton in the world into cloth, and then make clothes."

The best cotton in the world?

Sister Ping is silent, and the big meeting room is silent. How much tone can she say such a thing.

"Do you know where the best cotton producing area in the world is?" Yang Wuchan asked.

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Sister Ping took a deep breath, nodded and said, "I know that the best cotton producing area in China and even in the world is outside Xinjiang. There is plenty of sunshine all year round. It is the best producing area of cotton, and the best quality cotton comes from there."

"OK, I'll leave the purchase to you. Remember, what I'm looking for is the best quality cotton in the world, and then use it to spin into cloth, and then use this cloth to make clothes. No mistakes can be made in every link. In the future, all products of 'Dragon jump children's clothing', especially the clothes worn by children aged 0 to 3, should use this cloth, pure cotton cloth." Yang Wuchan nodded.

Still, she just wants to make some sets of safe clothes for her son!

Two companies have been established in one breath. Longtiao children's clothing company fortunately said that at least it has something to do with the main business of Jiangnan textile, but what relationship can the "dragon child toy company" have with Jiangnan textile? Jiangnan textile this is to play cross-border?

Despite external speculation, the secondary stock market had direct feedback when the market opened on Monday.

"Jiangnan textile" was officially renamed "Jiangnan group". The business involved has changed from the original business to toys, Internet sales, etc.

The one word limit, which originally had little fluctuation, belonged to "Jiangnan textile", which was neither active in stock nature, nor high in company profits, and no one paid attention to it. At once, it jumped out of three or four thousand stocks and directly rushed into the top ten of the "attention list".

For the next five days, it was all a word board, and there was no chance for retail investors to come in. The share price soared by 50%, and the share price of less than three yuan rose to 4.5 yuan.

Is Jiangnan group crazy?

Both institutional and retail investors were stunned. When everyone thought that Jiangnan group was going to be played badly, Jiangnan group released a news that the group would buy back the company's shares from now on, the purchase amount would not be less than 1 billion, and the price would not be higher than the existing price by 50%.

Well, Jiangnan group, which has just fallen eight points, was pulled up in a straight line and closed the board again. In the second week, five trading days, there were five trading limits.

In just half a month, the share price of Jiangnan group, which had a market value of just over 10 billion, doubled!

At this time, both retail investors and institutions were unable to sit still and began to sell "Jiangnan group". The daily trading volume of $2.3 billion did not let Jiangnan group's share price fall, but began to fluctuate around $7.

Until the big shareholder Yang Wuchan's words were revealed, the original words were "I just want to make a few clothes for my son!"‘ We use the world's best cotton to spin into cloth and make children's clothes of the best quality, safe, comfortable and assured. "‘ Long Tiao Tiao only makes the most reassuring children's clothes. "

Who is Yang Wuchan?

Chairman of Jiangnan group, general manager of longtiao children's clothing company, a mother who is about to give birth.

Who would have thought that just because of a few words, Yang Wuchan became popular and became the "mother" of Klaas on the Internet.

In this era of Internet interoperability, nothing is impossible!

The word "dragon jump" has not yet been put on the market. It has been well known by mothers or expectant mothers. It has become the most reassuring, comfortable and safe synonym for children's clothing.

In the capital market, there are all kinds of myths, such as "Jiangnan group". Who would have thought that this company, which has been listed for more than 20 years and whose share price has never exceeded nine yuan, could become a "net red company".

When Yang Wuchan took over, the share price was less than three yuan, doubled to seven yuan, and then continued to rise slowly, opening up the "super cow" pattern. It soared up to 90000 miles and never came down again.

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