After receiving the capital injection, relying on the support of high-quality capital at home and abroad, Red Star Macalline's capital advantage is more prominent, and its cash flow is more abundant. For a long time, Red Star Macalline is committed to enhancing the added value of China's home furnishing retail industry through comprehensive means such as design, development, branding, sales channels, and operational capabilities, and creating potential for circulation through penetration into both ends of the "smile curve" Value, new space and new fields of industry development are constantly presented. Red Star Macalline Chairman Che Jianxin, CITIC Industrial Investment Fund Management Co., Ltd. Chairman and CEO Liu Lefei and President Wu Yibing, Huaping Investment (Asia) Executive Director Joe Gagnon and Managing Director Chi Miao, Fosun Group President Wang Qunbin, Fosun Tang Bin, president of Chuangfu Investment Management Co., Ltd., Li Xiangsheng, CEO of Bohai Industrial Investment Fund Management Co., Ltd., and Xue Ming, executive director, attended the press conference. Wpc Wall Panel,Wpc Fluted Wall Panel,Wooden Design Wall Panels,Quick Installation Wall Panel Shandong Zeen Decoration Material Co., Ltd. , https://www.zeendecor.com
The chairman of Red Star Macalline Chejian said that the 2.6 billion yuan of capital injection will be used for the construction of new malls. It plans to build 3-5 malls annually by joint ventures or self-construction, etc., while combining other business models. Accelerate the pace of construction of new shopping malls, strive to reach 200 national malls in 2020, and rank among the world's top 500 enterprises. Red Star Macalline will closely focus on consumer needs, and strive to provide consumers with one-stop personal butler services, so that every consumer in China knows that "home life begins with Red Star Macalline", creating a future Chinese consumption New era of home
Che Jianxin, Chairman of Red Star Macalline Che Jianxin, Chairman of Red Star Macalline believes that this multi-party joint investment is a "vote of trust" cast by the capital market on Red Star Macalline. The joint capital injection of Huaping Investment Group, the world's leading private equity fund, China's largest RMB fund CITIC Industrial Fund, China's largest integrated private enterprise Fosun Group and China's first RMB fund Bohai Industrial Fund, fully proves that-benefit Due to the huge development space of China's home furnishing chain industry, the development prospect of Red Star Macalline has been generally optimistic about excellent investment institutions at home and abroad.
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Red Star Macalline financing 3.8 billion is expected to rank among the world's top 500 in 2020
On June 19th, Red Star Macalline, a retail operator of large-scale home shopping malls, held a press conference in Beijing, announcing that Warburg Pincus, CITIC Industrial Fund, Fosun Group, and Bohai Industrial Fund jointly submitted to Red Star Macalline The capital injection is 2.6 billion yuan. As early as 2007, Huaping Investment Group once injected nearly US $ 200 million into Red Star Macalline. So far, Red Star Macalline has raised about 3.8 billion yuan.