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Min sent men's collective attack equity investment 柒 card entry
On January 23, 2010, the Qipai Tsinghua Intangible Cultural Heritage Review took place in Xiamen. During the event, Hong Zhao, Chairman of the Fujian Qiong Group, revealed that Qizai Group had established an investment company in Xiamen for acquisitions and equity investments. This marked the second time within a month that a Minnan enterprise had entered the equity investment sector. Earlier, Yang Penghui, who had served as the secretary to the chairman of Seven Wolves Co., Ltd., officially stepped down from his position. It was later disclosed that he had been involved in setting up an investment company under the leadership of Zhou Shaoxiong, the chairman of Seven Wolves. With both companies now entering the investment field, equity acquisition and investment have become a new battleground for the Minnan faction.
While the meeting focused on intangible cultural heritage protection, the media showed more interest in the brand strategy for the new year. Hong Zhao did not disappoint the reporters. He announced that Qipai Group would invest 200 million yuan in Jinjiang to build a logistics warehouse and a high-end fabric production base. The logistics center aims to optimize the supply chain by integrating development, production, logistics, and sales. Meanwhile, the Qipai licensing group has already begun integrating external brands. Recently, Qiong Licensing injected capital into an investment company in Xiamen, with a registered capital of 200 million yuan and operational funds reaching 500 million yuan. The main goal of this investment company is to pursue acquisitions and equity investments.
Previously, Qipai had also set up an investment company at its Jinjiang headquarters. According to Hong Zhao, the two investment companies target different markets: the Jinjiang-based one focuses on overseas expansion, while the Xiamen one targets domestic opportunities, ensuring no overlap or conflict. In the recent Spring and Summer 2010 licensing conference, Qipai announced plans to establish R&D centers in Japan, Italy, and France. At the same time, the Minnan faction was quietly expanding its influence by acquiring stakes in other local enterprises, such as Seven Wolves.
Just before the announcement of the investment company, Yang Penghui, a long-time executive at Seven Wolves, left the company and joined an investment firm backed by Zhou Shaoxiong. The purpose of this investment company aligns with future acquisition and equity investment strategies. Similar to how Qipai and Seven Wolves are building their capital portfolios, Jiuyang Wang, led by Lin Congying, has already acquired a domestic denim brand and is in the process of acquiring foreign brands. As these moves continue, competition among Minnan men's clothing enterprises in the realm of acquisitions and equity investments is expected to intensify.
Industry observers note that the collective push by Minnan enterprises into equity investment reflects a broader trend in the men’s clothing industry. After 30 years of growth, the sector has reached a critical turning point. While strong brand recognition has driven rapid development, it has also created challenges for sustainable growth. To break through, companies must either reform internally or seek external growth through acquisitions and reengineering. Judging from recent trends, the latter approach has become the preferred path. Thus, acquisitions and equity investments have emerged as a new battlefield for Minnan men’s clothing enterprises.
Christmas (Christmas) is a celebration of the birth of Jesus Christ, usually celebrated on December 25 every year. The origin of the festival goes back to 336 AD, when the Roman Church began to celebrate the birth of Jesus on December 25th. Although the exact date of the birth of Jesus is not specified in the Bible, most Christians celebrate Christmas on this day.12
Christmas was originally meant to commemorate the birth of Jesus, so it is also known as Christmas. This festival gradually became an important tradition of the church after the middle of the 5th century, and spread among the East and West churches. Due to the different calendars used by different denominations, the specific dates and forms of celebration also vary.
During Christmas, many Christian churches hold special services called "Mass" (Mass). On this day, people would go to the church for religious services, exchange gifts, and decorate their homes with Holly, mistletoe, and Christmas trees. Traditional customs such as the Christmas tree and Santa Claus also add a strong festive atmosphere in the festival.
The spread of Christmas is not limited to Europe, its customs also spread to Asia, especially in the middle of the 19th century, Japan, Korea and other countries were influenced by Christmas culture. Now, Christmas has become a public holiday in the Western world and in many other regions, where people celebrate it by exchanging gifts and holding banquets.