Brief introduction of Smith Barney clothing company

On September 6, 2007, Zhou He Shanghai Clothing Co., Ltd. (later renamed Shanghai Industrial Co., Ltd.) ("Industry") established Huafu Investment with cash of 700,000 yuan and 300,000 yuan respectively. At the same time, Zhou invested and increased capital in Hua Fu with 90% equity of Smith Barney, and the industry increased capital in cash in the same proportion, making Hua Fu invest as the holding company of Smith Barney.

On September 26th, 2007, Huafu Investment and Hu Jiajia established a company with their audited net assets as of June 30th, 2007. The paid-in capital of the company is RMB 400 million, with Hua Fu Investment and Hu Jiajia accounting for 90% and 65,438+00% respectively.

On March 6th, 2008, Huafu Investment and Hu Jiajia respectively increased their share capital by 200 million yuan based on the audited undistributed profits of the company on February 30th, 2007. After the share conversion, the paid-in capital of the company is 600 million yuan, with Huafu Investment and Hu Jiajia accounting for 90% and 65,438+00% respectively. Approved by China Securities Regulatory Commission in July 18, 2008, the company issued RMB ordinary shares for the first time in China. On August 14, 2008, 70 million shares were issued through Shenzhen Stock Exchange at the issue price of 19.76 yuan/share. In 2008,