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in the current economic situation at home and abroad, the majority of investors take the contraction front strategy, however, in the near future, Hongkong Z company has a background of international capital investment institutions have made a surprising move: spending billions of dollars, into the footwear industry in Quanzhou. Informed sources said, this is the global financial turmoil since the occurrence of a huge local industry financing a rare.
; involving an amount of $100 million
last week, Z director general manager Zhang Miao came to Quanzhou, in Quanzhou BaoFeng Footwear Company Limited National dealer meeting. At the scene, Zhang Miao told the Post reporter interview, confirmed that the capital BaoFeng company, but the specific amount of money involved but do not want to say, only that "cooperation funds will be divided into several steps in place, a total investment of tens of millions of dollars". According to industry insiders speculated that the Z company's injection will reach hundreds of billions of yuan.
in the current domestic and international economic situation, for the humble slippers field, Z company made this investment decision is indeed extraordinary. In this regard, Zhang Miao said, Z investment company of BaoFeng company is to make in-depth study of all aspects of the decision, they are very confident in the investment prospects. He believes that Z's pragmatic and pay attention to the common development of the investment strategy, which is in the turmoil of the impact is not large, so in many international investment banks, fund investment scale contraction front on the occasion, Z company still maintained a strong investment in business development efforts, especially in the domestic market.
"the downturn in the capital market is an opportunity for us; although we are more prudent in investing, we value the long-term prospects of the business.". Therefore, we will continue to invest heavily in areas with high quality and promising prospects." Zhang Miao said, "we are very optimistic about the prospects for the development of the domestic market in the future BaoFeng, and the leadership of Quanzhou enterprises pragmatic management style, focus on long-term development and the concept of our company's investment philosophy is very consistent. We also appreciate the BaoFeng shoes made to enter the domestic market, ready to work and effort."
BaoFeng according to the board of directors of the company general manager Chen Qingwei introduced, before choosing a partnership with Z, they have the United States and the Lehman brothers have been in contact with foreign companies, but because the communication is not very convenient, then decide to choose in the company, so there is now with Z the company's cooperation. "Because they have a better understanding of the local situation and have a lot of common language with us in our understanding of the future market." Chen Qingwei says.
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item: 414571-003
release date: November 13th
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