Seven Wolves Closed At 5.3 Yuan / Share, Down 1.85%.

      On December 9, Fujian seven wolf Industrial Co., Ltd. (hereinafter referred to as "seven wolves") announced that Zhou Yongwei, Zhou Shaoxiong and Zhou Shaoming, the actual controllers of Septwolves and members of Zhou family, had transferred 1035.7 shares of Septwolves held by dongxiamen gaoxinhong Equity Investment Co., Ltd. (hereinafter referred to as "gaoxinhong") through block trading on December 9 The average price of increased shares is 5.2 yuan / share, and the number of increased shares accounts for 1.37% of the total share capital of the company.

Among the increased shareholders, Zhou Shaoxiong is the chairman of the board of directors, Zhou Shaoming is the vice chairman of the seven wolves, and Zhou Yongwei is the director of the seven wolves. The three increased their shares by 0.43%, 0.43% and 0.52% respectively. Before the increase, the three directly held 3.63% of the shares of seven wolves, and indirectly held 34.29% of the shares of seven wolves through Fujian seven wolf Group Co., Ltd., which was 100% controlled by the three people. After the increase of 5% of the total shares, the company directly held 7% shares.

As for the reasons for the increase, seven wolves said that it was the actual controller based on the firm confidence in the future development prospects of the company, taking into account the company's fundamentals and the recognition of the long-term investment value of the company's stock. Within 12 months after the completion of the increase, Zhou Yongwei, Zhou Shaoxiong and Zhou Shaoming also plan to increase their holdings of seven wolf shares according to the market price at the right time. The maximum proportion of increased holdings is not more than 0.63% of the total issued share capital of the company, and the increase method is block trading.

According to the announcement, the actual controller of seven wolves has been transferred to Gao Xinhong's seven wolf shares through block trading for three consecutive years. On December 4, 2019, Zhou Yongwei, Zhou Shaoxiong and Zhou Shaoming transferred 1.64% shares of seven wolves held by Gao Xinhong through block trading, with an average increase price of 5.32 yuan per share. From August 24, 2018 to August 27, 2018, Zhou Yongwei, Zhou Shaoxiong and Zhou Shaoming transferred 1.98% shares of seven wolves held by Gao Xinhong through block trading, with an average increase price of 6.26 yuan per share.

From 2018 to 2020, Zhou Yongwei, Zhou Shaoxiong and Zhou Shaoming held 5% of the shares of seven wolves instead of directly holding shares of seven wolves. Gao Xinhong's shares of seven wolves decreased from 8.63% to 3.63%.

Seven wolf mainly engaged in "seven wolf" brand men's clothing and knitwear products design, production and sales. In 2017, seven wolves invested in the acquisition of 80.1% equity of the light luxury brand "Karl Lagerfeld" with the same name in Greater China, and obtained the operation right. According to the latest three quarters report, in the first three quarters of this year, seven wolves achieved revenue of 2.175 billion yuan, a year-on-year decrease of 12.25%; net profit was 59.785 million yuan, a year-on-year decline of 69.81%.

On December 9, seven wolves closed at 5.3 yuan / share, down 1.85%.