The Deep Integration Of Huarun'S Retail Sector Is Continuing. WAL-MART Receives 33% Of The Total Interest.

Did not let the industry accident, Huarun group Huarun Shenzhen Shenzhen Investment and Investment Co., Ltd. WAL-MART sold 35% of the shares, and ultimately WAL-MART bought it back.

In November 19th, the China Times reporter learned from WAL-MART that the company will acquire a minority stake in the 21 companies jointly invested by Huarun Shenzhen Investment and Investment Co., Ltd., and the two sides have signed the corresponding equity pfer agreement.

The paction involved an amount of 3 billion 300 million yuan.

WAL-MART, which has not responded to the incident, has been claiming deep ploughing.

When the critical period is announced, what impact will this move on the development of the group in the Chinese market? And how to solve the problem of not making many stores is still the top priority after WAL-MART's total repurchase of shares.

In November 20th, the relevant person in charge of WAL-MART said in an interview with reporters that in fact, the companies that had not made good profits were already in the reform of stores planned in April this year, and the company also decided to invest a large amount of funds. At present, the company is upgrading the stores continuously.

In April this year, WAL-MART has opened more than 400 stores in some 170 cities nationwide, and has invested 600 million yuan to upgrade more than 90 stores.

In addition, WAL-MART will continue upgrading its existing stores to enhance shopping experience. It is expected to invest more than 370 million yuan in 2015 to upgrade and upgrade over 50 stores.

"Store reform is not achieved overnight. It is a process, especially

In addition to investment in hardware capital, there are more training for stores and more, but now there is a good turning point. "

The relevant person in charge of WAL-MART told reporters.

WAL-MART department store Limited has just released its third quarter report showing that the new store opened up 2.9% of its total sales in the Chinese market, and WAL-MART has been expanding its market share for eleventh consecutive quarters.

In November 20th, WAL-MART related officials told reporters that after the company's acquisition of WAL-MART, Huarun Shenzhen Investment Co., Ltd. will no longer hold a stake in the WAL-MART joint venture, but the completion of the paction still needs to be approved by the relevant government departments of the Chinese government.

Data show that

In the 21 Wal-Mart Store Inc related shareholdings held by Shenzhen State Grid, apart from all 25% of the shares held by WAL-MART Dongguan department store, the other 20 are 35% of their holdings, of which 3 also sell corresponding claims.

The paction was listed on the Shanghai joint stock exchange in September 29th and the date of sale is November 3rd.

In November 20th, the reporter tried to contact the relevant person in charge of Huarun Shenzhen Huarun Investment Co., Ltd., but at the time of the press release, the person in charge had never answered the phone.

In this regard, an interview with reporters in the industry analysis, the WAL-MART launch is not surprising, in fact, WAL-MART has strong control over the company, and the previous 1 shop's responsible person's accidental departure also illustrates this problem.

Statistics show that in July 23rd, WAL-MART announced that it had purchased the remaining shares of shop No. 1, holding wholly owned Shop No. 1.

On the same day, Yu Gang, former chairman of No. 1 shop, also left on the same day.

"However, through this question, it shows that WAL-MART is more and more aware of the development of the Chinese market, and the company's control over the Chinese market is also growing."

The above analysis told reporters.

"Although the Huarun group has gone, it is the biggest problem that we have to face once again, how to continuously adjust and force WAL-MART to make profit for many loss stores."

Another insider interviewed by reporters said frankly.

Earlier, an industry insider told reporters that Huarun group was eager to sell its retail business. On the one hand, it wanted to integrate the large and not strong retail pattern. On the other hand, it was also dissatisfied with WAL-MART's recent retail business in China.

Previously, Huarun group's listing information showed that 35% of the 9 Wal-Mart Store Inc in Guangdong, Hunan, Henan, Hubei, Anhui, Hebei, Chongqing, Shenyang, Jiangxi and so on were all sold for 1 yuan, and no margin deposit was required.

The reporter interviewed relevant data found that 8 of them suffered losses last year; in terms of net assets, the 9 companies were negative in the first 5 months of this year.