Recently, it announced on Saturday that the company intends to invest 9 million yuan in equity participation in Suzhou Industrial Park billion Dynamic Network Technology Co., Ltd., after participating in the stock market, the company holds a 15% stake in billion mobile.

Announcement shows that Suzhou Industrial Park billion Dynamic Network Technology Co., Ltd. is mainly engaged in software design and development services, founded in July 2013, the company team has nearly 10 years of experience in the development and operation of women's games, successfully operates the first domestic female social interaction, music and dance. Dressing category End Tour "strong Dance Troupe", and independently develop similar games "dance block". As of September 30th, the total assets of billion mobile were 1 million 213 thousand yuan, the net assets were 477 thousand yuan, and the operating income of 1-9 yuan was 1 million 165 thousand yuan, with a loss of 65 thousand and 400 yuan.

　　 Saturday The investment will be the brand of the company in the future. Online promotion It will provide a good platform for users' expansion and mobile marketing, and also provide support for the future women's fashion consumption community. Cooperation can make both resources complement each other effectively and achieve a win-win situation.

Saturday mainly engaged in leather shoes and leather products wholesale, retail, import and export and related supporting business; and production and operation of leather shoes, leather products and after-sales service. In the context of higher labor costs and higher sales costs, the company's business growth is also beginning to face the ceiling. Combing the announcement, the company is now mainly upgrading and upgrading its original business from two sides.

On the one hand, strengthen online services. At present, the company's e-commerce business is mainly carried out by the company's subsidiary Agel Ecommerce Ltd Shanghai Amoy Agel Ecommerce Ltd and the newly established Foshan Saturday Agel Ecommerce Ltd operation, respectively, in B2B, B2C and other ways, with a focus on the mainstream e-commerce platform to carry out deep cooperation, vigorously expand online business.

On the other hand, it is investment in other hot areas in spanition. This company's cross-border asset investment game development and other light assets business is only a small test, but it has positive significance for the company to cultivate new profit growth point.

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On December 17th, Lining announced that it was proposed to issue 5 convertible securities to each shareholder holding 12 shares. The subscription price was 2.6 yuan, and each convertible bond could be redeemed for 1 new shares, with a conversion price of 2.6 yuan per share, which was nearly 22% lower than before the suspension. Shares resume trading today.

If a shareholder convertibility of convertible securities, the net amount of fund-raising will range from 1 billion 479 million yuan to 1 billion 656 million yuan. The group said that next year it will become the starting point for the group's growth phase. Therefore, this fund-raising will continue to enable the group to develop new products, enhance the market competitiveness of the group and improve the retail operation capacity of the channel and the group as a whole.

The board has considered other sources of funding needed for the next stage of development and believes that the public offering is in line with the best interests of the company and its shareholders, since it provides an equal way for the company's eligible shareholders to participate in the company's future development and maintenance of their respective shareholding opportunities. The stock was reported to be 3.33 yuan before the suspension.