June 19, 2021

Cross border year event review spend more than 2 billion 600 million yuan to buy buy buy

[Reuters] since the July 2014 acquisition of the state power global Tesco will pants wholesale and retail transition to cross-border electricity providers, cross-border was named hundred round pants industry is not stopped in the cross-border electricity supplier investment layout. According billion state power network statistics, only in the past year, cross-border spent more than 2 billion 600 million yuan (cash + equity trading) to invest in cross-border electricity industry.

and the development of cross-border electricity supplier, the results are also significant cross-border. Border pass the third quarter of last year the report pointed out that the cross-border quarter total revenues of 2 billion 86 million 900 thousand yuan, compared with the same period last year (917 million 900 thousand yuan) growth of 127.35%, beginning of the reporting period of cross-border total revenue reached 5 billion 525 million 800 thousand yuan, an increase of 160.51% over last year.

so, to achieve double the growth of cross-border mystery is what? In this regard, billion state power network finishing through nearly a year of cross-border investment and a major adjustment event review.

450 million acquisition of the Qianhai branch of the shares of the poor,

in October of this year, the cross-border announcement, to about 450 million yuan acquisition of Qianhai Shenzhen Network Technology Co., Ltd. (hereinafter referred to as the extension) of the equity interest, after the completion of the transaction holding. Prior to this, the cross-border pass in February 2015 and in the same year on the two investment in Qianhai, respectively, in the second quarter of December.

It is understood that

is a cross border e-commerce company, covering various types of wireless and Bluetooth products, mobile phone accessories, auto parts, cross-border sales. The market has been covered by the United States, Britain, Germany, France, Japan and other 11 countries, is now in the United States and some countries in Europe to establish an independent warehouse system.

Qianhai Tuo Pu January 2015 to August operating income of 227 million yuan, net profit of $19 million 630 thousand. Asset transferor commitment, Qianhai Tuo Tuo in 2015 to 2018 annual net profit of not less than 38 million yuan, respectively, $60 million, $80 million and $100 million.

sell shares through the extension of technology

in addition to investment, cross-border pass through the sale of assets to cash. In November last year, the cross-border pass issued on the sale of assets, said the announcement, the sale of its own holdings of 4.1779% stake in Shenzhen Billiton Technology Co., Ltd., the transfer price of RMB 83 million 558 thousand yuan. According billion state power network understanding, in May 4th last year, cross-border predecessor hundred round pants industry announced that the company invested 90 million yuan capital increase by way of investment in the cross-border electricity supplier sellers – Shenzhen hypertech Co. Ltd., the company will hold 9% stake in Qualcomm techmopo.

at that time, Qualcomm techmopo existing shareholders to the hundred round pants industry and another investor Zhuhai anhorn Internet acquisitions fund commitments, net profit through extension technology and related related enterprises in 2015 not less than 100 million yuan, net profit through extension technology in 2016 not less than 200 million yuan; Qualcomm techmopo and its related enterprises 2015 the annual operating income of not less than 1 billion 500 million yuan. >

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