Fiyta shares to amend the programme
bestwatch | 22 August, 2008 03:49
Fiyta shares to amend the programme
watch and clock industry as china's only listed company, fiyta a (000026) first half of this year yejiyuzeng 50 %, but the shares to the Montblanc Watches programme temporarily stranded background, a general manager dong-sheng xu fei yada told this reporter that is now the second unit to start the revision of the programme, and is considering the acquisition of foreign brands in the form of involvement the luxury market, imports of watches and accelerate the development of chain sales.
it is understood that the beginning of this year, as shareholders in favour of the circulation rate of Chronoswiss Watches only 15.17 percent, fiyta share-trading reform programme mortality. for the programme to share the reasons for not passed, dong-sheng xu said that shareholders may be in circulation for three years to organize assets fiyta paved the practice of good capital base to understand not enough. however, he also said that the shares passed to the ultimate confidence in the current fiyta is preparing to start the second unit to the programme of work.
fiyta in a business there, at its own brand Rado Watches of research and Longines Watch sales and marketing of the brand overseas terminal two retail business. dong-sheng xu revealed that this year, 47 stores in the country, heng jili world list center chain stores, listed companies will contribute more than half of the profits. in addition, a more fiyta watches with another vendor shanghai xinyu marriage, organized by the beijing hang chains, and create a future of the fashion brand sales Kenneth Cole Watches reach the hands of the shop.
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