Its materials and design are very particular, and the materials are carefully selected and of high quality; The design is both classic and fashionable.
TSL Xie Ruilin (Xie Ruilin Jewelry) is a famous jewelry group in Asia, mainly engaged in jewelry design, retail, export and manufacturing. The founder first made jewelry in a small workshop. 197 1 Xie Ruilin jewelry was formally established, and 1987 was listed on the Hong Kong Stock Exchange. At present, the Group has more than 100 branches and sales points in several major cities in Asia. In 2002, we opened brand flagship stores with a sense of the times in Beijing, Kuala Lumpur and Hong Kong. Since 2003, new image stores have been set up in major strongholds in major cities. In May 2004, the Group won the reputation of "Hong Kong Superbrand" again, and won the "Group Service Leader" and "Industry Service Leader Award" in the quarterly competition of "Mystery Customer Plan" organized by the Hong Kong Retail Management Association. At the same time, the group's chief designer stood out in the international design competition organized by DTC and became one of the winners in Hong Kong. Today, TSL Xie Ruilin has become a well-known high-quality jewelry retail group and manufacturer in Asia.
Basic information
name of the company
Xie Ruilin jewellery
Headquarters location
Hong Kong
Founding time
197 1
scope of business
Jewelry design, retail, export and manufacturing business
catalogue
1 brand profile
2 enterprise profile
3 business scope
4 purpose
5 founder
6 company turning point
7 equity disputes
1 brand profile
2 enterprise profile
3 business scope
4 purpose
5 founder
6 company turning point
7 equity disputes
Return to top feedback
Brand Profile Folding Edit this paragraph
Xie Ruilin jewellery
TSL Xie Ruilin, as one of the earliest Hongkong brands to enter China, not only sells jewelry, but also advocates high-taste life enjoyment and the most fashionable concept of "value for money". Adhere to the brand of Xie Ruilin with "self-operated store" as its operating feature, so that the first commitment of "lifelong after-sales service" in China can be more thoroughly implemented. Xie Ruilin Jewelry (International) Co., Ltd. (HKSE stock code: 4 17) is mainly engaged in the production, design, export and retail of jewelry. Xie Ruilin Jewelry 1960 started a small jewelry factory, and Xie Ruilin Jewelry Co., Ltd. 197 1 was formally established and 1987 was listed on the Hong Kong Stock Exchange. At present, the Group has more than 100 branches in several major Asian cities, including China, Hongkong and Kuala Lumpur. TSL· Xie Ruilin is highly respected by the industry for his innovative jewelry design and has won numerous jewelry industry awards for many years. Today, Asia Xie Ruilin has become a high-quality jewelry fashion brand in Asia. It is also one of the largest jewelry retailers and manufacturers in Asia in terms of sales and regional coverage. In 2004, it opened the first concept store "︳Saxx Xie Ruilin" with the theme of youth, leisure and fashion. And plans to launch more fashion jewelry to further enrich the product range.
Fold and edit this corporate profile.
Xie Ruilin
Xie Ruilin Jewelry Co., Ltd. mainly produces "Xie Ruilin Jewelry" and keeps "Xie Ruilin Jewelry" sold to the whole country. A famous jewelry group in Asia, mainly engaged in jewelry design, retail, export and manufacturing. The founder first made jewelry in a small workshop. 197 1 Xie Ruilin jewelry was formally established, and 1987 was listed on the Hong Kong Stock Exchange. At present, the Group has more than 100 branches and sales points in several major cities in Asia. In 2002, we opened brand flagship stores with a sense of the times in Beijing, Kuala Lumpur and Hong Kong. Since 2003, new image stores have been set up in major strongholds in major cities.
In May 2004, the Group won the reputation of "Hong Kong Superbrand" again, and won the "Group Service Leader" and "Industry Service Leader Award" in the quarterly competition of "Mystery Customer Plan" organized by the Hong Kong Retail Management Association. At the same time, the group's chief designer stood out in the international design competition organized by DTC and became one of the winners in Hong Kong. Today, TSL Xie Ruilin has become a well-known high-quality jewelry retail group and manufacturer in Asia.
Scope of business Folding Edit this paragraph
Silver bracelet; Silver ring; Diamond ring; Silver pendant; Silver earrings; Silver necklace; Silver bracelet; Silver suit
Purpose Fold and edit this paragraph.
Xie Ruilin
"Xie Ruilin" is production-oriented and proud of service. He has won many awards in international and Southeast Asian jewelry design competitions. 1996, he was awarded the "Best Service Award in Hong Kong" by the Hong Kong Retail Association. Mr. Xie Ruilin himself was awarded the Outstanding Achievement Award by Gemological Institute of America in recognition of his contribution to the jewelry industry. "Xie Ruilin" has been famous at home and abroad for producing high-quality jewelry for many years, and its excellent quality has always been trusted by the public. The diamonds selected by "Xie Ruiphosphorus" are all in line with international standards. Professional procurement personnel regularly go to the world-famous diamond cutting centers and distribution centers-South Africa, Belgium, Israel and other countries to purchase every year, which meets the 4C quality requirements. As for gems and pearls, they are also carefully selected and strictly processed. In terms of design, "Xie Rui" attaches great importance to every design, and every design comes from the hands of excellent designers, winning international and Southeast Asian jewelry design awards year after year. Exquisite handcraft and fashionable design make "Cheryl" the best jewelry in the Far East.
Founder folds and edits this paragraph.
Xie Ruilin
Mr. Xie Ruilin was founded in Hongkong on 1960, with a history of 40 years. His business covers Southeast Asia and occupies a leading position in the jewelry industry in Hong Kong.
1936, Xie Ruilin was born in a poor family in Nanhai, Guangdong. In the second grade of primary school, he dropped out of school and went home to collect junk with his father. 13 years old was sent by his mother to a gold mining workshop in Shanghai Street, Hong Kong, where he worked as an apprentice for 10 years. 1960, he borrowed HK$ 3,000 and opened a small gold shop.
In the eyes of Hong Kong people, this self-made small businessman is a typical "short smart". In him, there are elements such as diligence, wit, trustworthiness, opportunity and so on. Xie Ruilin's lawyer, Xie Huayuan, told Southern Weekend that even though he was frequently summoned by the court in the past two years, Xie Ruilin always arrived at the court on time and never asked for leave or left early. After being held in Lai Chi Kok Detention Center, he never complained about the environment and diet in the detention center.
Xie Ruilin became a small boss, with a small apprentice, and spent 365 days a year in a shop less than 10 square meter. Every day from 9: 00 a.m. to 3: 00 a.m., he makes small profits but quick turnover and expands the fair-price jewelry route. 1967 riots broke out in hong kong and many factories closed down. Xie Ruilin seized the opportunity to expand the store. Three years later, his staff changed from 1 to 300. 197 1 year, he named the company after himself. During the period of1990s, Xie Ruilin has become a listed company, and its employees have increased to 1 100. Products are sold to Chinese mainland, Taiwan Province Province, USA, Singapore and Thailand.
With the continuous expansion of business, the owner of this jewelry empire found himself gradually marginalized. When Xie Ruilin was the chairman of the company, he stood out in the board of directors. Because he is the only one in the company who can play with gold as jewelry, and he is also the only one who can't speak English, can't use computers and doesn't understand accounting knowledge.
Obviously, the company's jewelry no longer needs the old goldsmith to forge the design himself, and the administrative affairs and management are increasingly dependent on subordinates with returnee background to do it for them. Just every day, Xie Ruilin will come to work in the company on time, and on weekends, he will also visit various branches.
When Xie Ruilin once again demonstrated his talents with his own efforts, the battlefield has turned to real estate investment where risks and profiteering coexist. 1990 obtained the control right of Hong Kong Yuxing Real Estate Company and became the flagship of the Group's investment in real estate. In addition, he also bought a large number of properties, making the group's debt ratio as high as 140%, and it will cost HK$ 70 million to pay interest only one month.
In order to reduce debt, Xie sold Yuxing's equity and Wan Chai land to Yang Shoucheng, chairman of Emperor Group, for HK$ 200 million. However, not long after, the negotiations between the British Hong Kong government and the mainland gradually became clear, and property prices soared. Yang built the Emperor Group Center on the land he bought, worth HK$ 2 billion.
196, Xie Ruilin once again spent huge sums of money to raid properties in Hong Kong, and even spent HK$ 500 million to buy Tsim Sha Tsui Poly Commercial Building. At the peak of the property market, he had a net worth of HK$ 2 billion. 1997, the Asian financial turmoil hit Hong Kong, and the property market suddenly collapsed. Xie was forced to sell Poly cheaply. At that time, the price was as low as10.60 billion Hong Kong dollars, and the company was "dehydrated" and was on the verge of bankruptcy.
According to Hong Kong media reports, the jeweler who once claimed that "making money is everything in life" looked back on his two failed investments and thought that "time waits for no man".
The company rotates, folds and edits this paragraph.
Xie Ruilin jewellery
On June 5th, 2009, the highlight of the Hong Kong stock market was the resumption of trading in Xie Ruilin. After three and a half years of suspension, Xie Ruilin rose sharply after the resumption of trading, hitting HK$ 3.26. In the afternoon, it plunged with the Hang Seng Index and closed at HK$ 2.98, 2.68 times higher than before the suspension, with a turnover of over HK$ 6,543.8 billion.
At that time, Xie Ruilin, his son and nearly ten executives of the company were arrested by the Hong Kong Independent Commission Against Corruption on suspicion of providing illegal kickbacks to travel agencies, and were subsequently sentenced to fixed-term imprisonment by the Hong Kong court. This incident once shocked the mainland industry, because it is almost a "hidden rule" for the industry to provide kickbacks to travel agencies.
For a listed company, this is a disaster. Generally, it can be reasonably inferred that after the creditors came to the door, the company's reputation was wiped out, sales plummeted, domestic and foreign troubles occurred, the company was liquidated or sold, and shareholders' wealth evaporated overnight.
But a miracle happened. During the long-term suspension of trading, the company's performance rose steadily, and the net profit in fiscal year 2007-2009 (as of the end of February) was HK$ 55.6 million, HK$ 99.2 million and HK$ 6.5438+0.048 million respectively. According to Monday's share price, Xie Ruilin's P/E ratio is the same as that of two other jewelers, Zhou Shengsheng and Luk Fook Group.
Xie Ruilin and his son.
After three years of resurrection, Xie Ruilin did not rely on luck, but on his true performance. On the one hand, the rapid development of the mainland economy has brought tangible benefits to Xie Ruilin; On the other hand, it also shows that this company is a mature company in a mature market. It is precisely because of its good corporate governance system that the company will not be destroyed because of the destruction of soul figures, but will operate according to its own operating rules.
In fact, after Xie Ruilin and his son were jailed, Xie Qiu Anyi went to war for her husband. At the age of 37, she appeared as the chairman of Xie Ruilin Group. She didn't have much professional experience before. If she is not a business genius, I believe her success benefits from the perfect company operation system.
In fact, this is the second time that Xie Ruilin gave up his life. In 2000, Xie Ruilin was declared bankrupt by the Hong Kong High Court because he borrowed money blindly to invest in real estate. After the bankruptcy, Xie Ruilin did not "give up on herself", but returned to the old business, took advantage of the economic development in the Mainland, opened more stores in the Mainland, and made a lot of profits, thus paying off all debts.
"Letter", and then stand. On the eve of the resumption of trading, the company promised investors that the new management team redesigned the internal control system, especially exempting cash transactions with travel agencies and tour guides and paying by cheque or autopay. In addition, sign a written contract with travel agencies that have business dealings, so that all commission payments are supported by documents and recorded by computers.
The stock price soared three times, no less than the price-earnings ratio of peers. For such a company, the market can neither discriminate against it nor underestimate it, which is the performance of a mature market.
Share the dispute, fold and edit this paragraph
201010/0 on 8 October, Xie Ruilin Company announced that it was informed that Xie Ruilin, the former chairman of the board of directors, had issued a summons to Xie Dafeng, the current controlling shareholder of the company, and his contacts BlinkTechnologyLimited and PartnerLogisticsLimited on 28 September on the ownership claim of some shares of the company. A spokesman for Xie Ruilin Jewelry (International) Company responded that there was no new development in the incident, and stressed that the incident was a private incident in Xie Ruilin and had nothing to do with the listed company itself.