On the evening of October 15, 2018, Jack Sewing Machinery Co., Ltd. (hereinafter referred to as "Jack Share") announced that, with the global footwear production and sales increasing year by year, in order to further expand the company's market, the company increased its capital by cash to Anhui Jieyu Footwear Machinery Co., Ltd. (hereinafter referred to as "Jieyu Machinery") by increasing its capital by 26.52 million yuan.
Before the increase of Jack's shares, Jack Machinery was a wholly-owned enterprise of Chizhou Xuhao Machinery Co., Ltd. (hereinafter referred to as "Chizhou Xuhao"). After the increase, Jack's shares acquired 51% of the equity of Jieyu Machinery Co., Ltd. and Chizhou Xuhao's 49% of the equity of Jieyu Machinery Co.
Founded in 1998, Chizhou Xuhao Co., Ltd. has a high reputation in the field of shoemaking machinery research and development and manufacturing. It provides shoemaking equipment for Adidas, Nike, PUMA, Kuang Wei, Li Ning, Anta, Daphne and other well-known brands at home and abroad.
After the merger and acquisition, Jack and Jack Yu will achieve synergy in R&D, production, procurement, channels and services.
As the pioneer of the complete solution of garment intelligent manufacturing, Jack will graft the advanced technology precipitated in the field of garment intelligent manufacturing and the European advanced technology introduced and absorbed into Xuhao's shoe machine products to realize the integration of technology, so as to further improve the quality and technical level of Jieyu and meet the customers'high quality, multi-varieties, flexibility, small batch and personality. The development of intelligent manufacturing of shoe machine is promoted by the demand of production.
As a member of Jack's listed company system, Jack will take full advantage of Jack's advantages in supply chain, manufacturing, channel and technology, take the road of high-quality development, expand marketing network, improve comprehensive competitiveness, and achieve a new round of rapid development of enterprises.
On the afternoon of October 19, Jack Share and Xuhao Chizhou held a formal signing ceremony in the theme activity of "Jack Pilot in Garment Manufacturing" - Jack International Brand Merger and Acquisition and Intelligent Manufacturing.
Jack signed with Xuhao:
Enlarging and Strengthening the Market of Heavy Material Machines
Yesterday afternoon, Jack signed a formal contract with Xuhao Chizhou. After M&A, the two sides will achieve synergy in R&D, production, procurement, channels and services.
As the pioneer of the complete solution of garment intelligent manufacturing, Jack will graft the advanced technology precipitated in the field of garment intelligent manufacturing and the advanced technology imported and absorbed from Europe into Xuhao's shoe machine products to realize the integration of technology, so as to further improve the quality and technical level of the shoe machine.
Zhang Guozhi, general manager of Chizhou Xuhao, said: "Through contacts and communication with several Jack executives, common values and business philosophy will be linked to each other. Mr. Ruan Jixiang and I have had many exchanges. His great entrepreneurship, open thinking and understanding of sewing machinery have benefited me a lot! ___________
After cooperation, we will jointly build Anhui Jieyu Shoemaking Machinery Co., Ltd. Jieyu will work with Jack Joint Stock Company. The new company will adhere to the core values of "focus, focus, simplicity and gratitude", and complete the business objectives at all stages under the strategic development plan formulated by the shareholders'meeting and the board of directors around the concept of "co-construction, progress, sharing and win-win".
Jay Yu will work with German Mercedes-Benz, Italian Mika and Italian Wilma to become an important driving force for Jack's transformation and upgrading from traditional manufacturing to intelligent manufacturing.
This article comes from the network, organized and published by Xuhao Machinery Co., Ltd. of Roller Car Electronic Pattern Machinery, and the hotline for consultation is 13532663583.