Shanghai Textile Group Will Launch A New Round Of Reform Of State Owned Assets

< p > the "big landlord" holding about 4 million 200 thousand square meters of land resources, Shanghai textile (Group) Co., Ltd. is going to start the pformation of industrial land. The two major projects will be tested first: < a href= "http:// www.sjfzxm.com/news/index_c.asp" > Baoshan < /a > R & D general project and Zhabei business office project.

After that, Shanghai Textile Group will develop 6 fashionable real estate projects with a total investment of more than ten billion yuan.

< /p >

< p > recently, mayor Yang Xiong of Shanghai once again stressed that the state owned enterprise reform should be steadily promoted in accordance with the 20 state owned enterprise reform and state owned enterprise reform in Shanghai. The reform of state owned enterprises in Shanghai mainly includes 3 key tasks: < /p >

< p > 1, we will develop a mixed ownership economy by promoting shareholding system reform, open market restructuring and encouraging equity incentive and employee stock ownership.

< /p >

< p > 2, at present, two platforms are being built, and the next step is to start substantive a href= "http:// www.sjfzxm.com/news/index_c.asp" > state owned mobile platform < /a >.

< /p >

< p > 3, establish and improve the enterprise classification supervision system.

< /p >

< p > > a href= "http:// www.sjfzxm.com/news/index_c.asp" > Shanghai Textile Group < /a > relevant responsible person said that according to the Shanghai SASAC deployment, Shanghai Textile Group will launch a new round of state owned enterprise reform. In this reform program, the real estate business has become one of the main business of the group. It is positioned as "nurturing the main industry", through the in-depth development of its own land resources, supporting the development of the main business of the group, and supporting the development of the fashion industry.

< /p >

< p > related links: < /p >

< p > DaphneInternationalHoldingsLimited (0210.HK) Daphne International Holdings Ltd 18 day Hong Kong stock issued the unaudited financial results in the two quarter of fiscal year 2014. As of the two quarter of June 30, 2014, the core brand business of Daphne Group recorded a 2.4% decline in the same store sales, and the overall decline in the first half of the year was 5.5%.

< /p >

By the end of the two quarter of June 30, 2014, Daphne group closed 32 stores, including 6 direct battalions and 26 retailers. In the first half of the year, the group closed 85 stores, of which 18 were directly operated, and 67 were p.

< /p >

The average selling price in the two quarter was basically the same as that in the same period last year, making the gross margin decline in the quarter narrowed compared with the first quarter. In the first quarter, Daphne group's interest rate was depressed due to the liquidation of inventory.

However, in the two quarter, Daphne group also cleaned up over the past stock, because the overall gross margin of the core brand business fell, and the progress of the product was in line with expectations.

< /p >

< p > Daphne said the introduction of South Korean actress Gianna Jun GiannaJun endorsement will help improve the flow of shops.

< /p >