Melia "Slim" Runs shut down and sells 33 loss-making companies

Melia Group started its slimming program two years ago and has achieved substantial results. It closed down and sold 33 non-primary institutions and loss-making enterprises. Once the "bloody posture," Melia began to "slim" quickly. run.

By mid-April, the Melia Women's Industrial Park and the Chemical Fiber Industrial Park were ready to start construction, marking Meier Ya’s “expanding impulse” and returning to the main track.

Melia was once the pride of Hubei. After gaining honors such as the "Gold Quality Award of Europe", "China's Top Ten Brand-name Clothing", "China Famous Brand", and other honors, Melia began blindly expanding and invested large sums of money in areas and industries that it is not good at, and quickly became a possessor. Home Carriers and Independent Accounting Units "Aircraft Carriers".

However, it is big and not strong. Melaya has failed to effectively manage many subsidiaries, and some subsidiaries have invested without output. Melaya Life Services Co., Ltd. is a subsidiary of a non-independent legal entity, but manages several legal entities such as plastic factories and pure water plants. This subsidiary company used the group's factory buildings and hydroelectricity in a grandiose manner, selling plastic hangers and other products to the group in turn, and the circulation in the body was of no benefit. Only by streamlining this subsidiary company, Melia Group can increase its annual profit by 3 million yuan. In the implementation of the "slimming" plan, Meier Ya Group restructured, auctioned, and transferred directional agreements to nine subsidiaries including Meizhou Advertising, Meiqi Electronics, Meisheng Pharmaceutical, and Meibao Cosmetics. Since then, the Group has shut down the Meiqin Garment Company and Meidan Fashion Company with limited development potential and unpredictable operating prospects, and has also stripped off a number of subsidiary companies with high operating costs and poor assets.

The lightly dressed Merja flag won. In the first quarter of this year, the Group’s economic indicators have all improved significantly. Its main business income has reached 150 million yuan, and foreign exchange earnings from exports have reached 20,63 million US dollars, up by 21% and 16% respectively over the previous year.