The controversy over the design of the Jiangnan cloth line children's clothing line continues to ferment.
On September 20, on social platforms, some netizens claimed that Jiangnan Commoner's children's clothes were printed with broken limbs, Satan, "Welcome to hell" and other inappropriate English and patterns, which caused heated discussions among netizens.
Picture source: Jiangnan Buyi official website
Subsequently, some netizens sent out a brand name registered Instagram and other elements such as " propaganda account". As a result of the event further fermenting on the Internet, a number of related topics rushed to the hot search of microblog, which caused extensive discussion.
In response to this, the official account of the children's clothing brand of Jiangnan Buyi Group replied under a post from a netizen: I apologize for the trouble caused by inappropriate patterns on children's clothing products. The company has removed all related products and strictly reviewed them to prevent such incidents from happening again.
However, netizens did not buy into this "low-key" response, and still asked Jiangnan Buyi to publicly apologize and give an explanation.
As of the close of September 24, Jiangnan Buyi's share price plummeted by more than 13% that day, and fell by more than 14.3% in the past five days. The latest stock price is HK$14.98 per share.
The boss’s wife control design,The founders and the couple are no longer Chinese
According to the data, Jiangnan Buyi Group was established in 1994, but the main company of its brand, Hangzhou Jiangnan Buyi Clothing Co., Ltd., is registered on September 4, 1997. The company was founded by Li Lin and Wu Jian. Li Lin is the major shareholder of the company, as well as the company's legal person and executive director. Li Lin is responsible for the design and innovation of the company's clothing business, and controls the overall trend of the product.
According to public information, Li Lin graduated from Zhejiang University in 1992 with a major in chemistry. After graduation, she was assigned to work in a chemical plant in Hangzhou. She was not a design major. But this does not affect Li Lin's design path. In an earlier interview with the media, he said that at the beginning, the style of JNBY (JNBY women's clothing brand) was "designed according to their own interests."
In the early days, she preferred "Mori" style clothing, which caused the JNBY style to be completely different from the overall regular domestic women's clothing style at the same time, and stand out. Later, Jiangnan Buyi also expanded into overseas markets such as Russia and Japan, becoming an international clothing brand with men's clothing (sketched), women's clothing (JNBY, LESS), and children's clothing (jnby by JNBY, Pengma).
In addition, as a company co-founded by a husband and wife, Jiangnan Buyi has a strong family business. Wu Liwen, the general manager of the company's production and procurement center, is Wu Jian's sister; Li Lin's younger brother, Li Ming, has also worked in the company for more than ten years, when he was the company's executive director and brand designer.
It is worth noting that Jiangnan Buyi’s 2016 prospectus shows that Li Lin and Wu Jian’s nationality is no longer Chinese, but Saint Kitts and Nevis. Baidu Encyclopedia shows that the Federation of Saint Kitts and Nevis (The Federation of Saint Kitts and Nevis),Located in the northern part of the Leeward Islands in the Eastern Caribbean Sea, it is now a member of the Commonwealth of Nations. The area is only 267 square kilometers, and the population of the country in 2020 is about 57,000.
As of June 30, 2021, Li Lin and Wu Jian together hold 61.47% of the shares of Jiangnan Buyi listed company. Based on the market value of Jiangnan Buyi at HK$7.77 billion on September 24, the couple The net worth exceeds 4.7 billion Hong Kong dollars (about 4 billion yuan).
How did the Saint Kitts passport capture the hearts of the rich?
In fact, not only Li Lin and Wu Jian, but also South Beauty Chairman spanspanspanspanspanspan7 Real Estate, Zhang Lan Ji Kaiting, Geely Holding Group Chairman, Walmart Chairman Li Shufu, Harmony Group Chairman Feng Changge and other public figures, rich celebrities, all chose to immigrate to St. Kitts.
Although St. Kitts is a small country, it contains powerful functions. It can be called a gold-level functional passport and can be processed for just over RMB 900,000.
short processing time
Unlike mainstream immigration countries, St. Kitts has no immigration supervision, no language requirements, no source of funds and business experience and many other threshold restrictions, and the processing time is generally 3-4 In about a month, the investment method is flexible.
no need to log in
Saint Kitts does not require a log in! Unlike some countries that have mandatory inspection regulations and requirements,It can be handled easily in China. More importantly, St. Kitts also has no residency requirements. Citizens are allowed to have dual citizenship, so it is very suitable for rich people who want to immigrate but do not want to give up their nationality.
travels around the world
Holding a Saint Kitts passport can enjoy "visa-free" treatment in more than 100 countries around the world. Including: UK visa exemption for 6 months; EU countries and Schengen countries visa exemption for 3 months, such as Switzerland, France, Germany, Italy, Norway, Sweden, Finland, Denmark, Austria, etc.; Asia Countries such as Singapore and South Korea are exempt from visa for 1-3 months. In addition, if you apply for a Canadian, US visa , it is easy to get a 10-year multiple-entry visa.
tax haven
Compared to other European and American countries, St. Kitts and Nevis, this country with an area of only 267 square kilometers, is favored because it is a world-famous tax haven. Tz and Nevis can be regarded as a world-class offshore tax haven. Citizens of this country can live in this country and the member states of the Caribbean Community. There is no time limit, no capital gains tax, income tax and wealth tax burden, and the corporate tax exemption period can reach 15 years.
Moreover, St. Kitts will not tax the income, interest, gifts, property and inheritance of citizens outside the local area (such as Canada and China). Citizens establish international business in St. Kitts and Nevis. Company (IBC) or limited liability company (LLC),This is a safer way to store assets and transfer funds, and it is also convenient for applicants to open offshore companies and offshore accounts to achieve cross-border business.
overseas listing of enterprises
At present, domestic enterprises are subject to national policy restrictions and difficulties in listing. However, after obtaining a St. Kitts passport and becoming a citizen of the country, you can use your foreign business status to change the nature of the company, and you do not need to go through various audits established by the Chinese government to list overseas, so that the company can complete overseas more easily The transformation of listing.
Confidentiality and security
The wealth of the rich and the weakness of public opinion make them try to avoid conflict with society, so they are often reluctant to disclose their property or even require confidentiality.
The government of St. Kitts does not disclose the identity of applicants to any government, which is safe and secure; holding overseas assets as St. Kitts can guarantee absolute asset security; avoid political risks, identity confidentiality risks, and exchange rate risks. Unable to freely manage capital risks.
At present, the status of obtaining St. Kitts status is mainly through pledging to the sustainable development fund of 150,000 US dollars, purchasing real estate of more than 200,000 US dollars in the form of property rights sharing, or buying 400,000 US dollars. Real estate and other three forms to complete. If you are interested in the St. Kitts passport project, welcome to consult Linghang Overseas!
pilot overseas
global identity planning expert
global asset allocation partner
span
span7span
span7span
Professional and most accurate global identity planning program,And with the world's top partners to provide you with the best overseas asset allocation plan. Provide lifelong service after successful immigration. .-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-