On July 12th, the Tongwei Children's Wear Service Platform completed the angel round of financing, and the investor was a venture capitalist of Guangzhou Yicong. The two parties held a grand signing ceremony at Siguibao Wine Cellar Restaurant.
Tong Meng Hui Children's Wear Service Platform was founded in August 2015. Its purpose is to reshape the children's wear industry chain with innovative business models. The traditional children's clothing channels are flattened and the intermediate links are eliminated. The upstream brand manufacturers and the downstream retail terminals directly connect through the multi-brand joint ordering organization organized by the platform, which greatly reduces channel costs. Through the integration of vendors, independent designers and other resources, according to the analysis of the big data on the retail terminal demand research, each of them accurately develops children's wear advantage single-item categories, thereby effectively reducing the company's product development and production, management, sales and other costs. Moreover, the principle of money transfer and cash transaction is implemented in the operation of channel funds, which has successfully resolved many pain points that plagued the children's clothing industry for many years: high cost, large inventory, slow payment, long cycle, low efficiency...
Tong Menghui’s innovative model allows upstream manufacturers to focus on products and promote “artisan spirit†to achieve the ultimate in product quality on the premise of a significant cost reduction. When they finally reach retailers and consumer terminals, they are truly High quality and low price "China's good children's clothing"!
Therefore, under the trend that children's wear is becoming more personalized and experience-oriented and consumers are unwilling to pay for excessive brand premiums, the cost-effective children's clothing created by this model is very competitive in the market. Its effect is to allow the entire children's wear industry chain to form a virtuous circle mechanism under the new thinking and new environment of the "Internet +," making this platform an ecological development platform for the children's wear industry.
Therefore, although Tong Menghui has been established for less than a year, it has already received great attention in the children's wear industry. The signing ceremony attracted many elites from the apparel industry to celebrate and celebrate. For example: Chairman of the Guangdong Costume Culture Promotion Association, Ms. Tang Minyi, Chairman of the Guangdong-Hong Kong-Macao Clothing and Apparel Association, and founder of the disruptive innovation retailer Kay Lin Chung, the founder of the training organization, and the well-known brand operation expert of the Chinese fashion industry, Mr. Ma Chunlin, and so on. They spoke highly of Tong Menghui's keen innovation spirit and achievements. He looked forward to the emergence of more bold innovators such as Tong Menghui in the children's wear industry in the future. Everyone will make joint efforts to bring the children's wear industry out of the trough as soon as possible and towards a better tomorrow. .
Tong Shenghui’s founder, Shuai Shuai, expressed his gratitude to the guests for their support and he was very confident that under the boost of capital, Tong Xinhui’s innovative spirit will continue to be promoted, leading the children’s wear industry to the ecological development road and realize his own Dream: Help more people and make the world not have a hard time doing children's clothing business.
For the future, it is like the founder of Tong Yihui’s investment Fang Yicong Ventures, the famous “angel investor godmother†in South China investment industry, the professor and doctoral tutor of South China University of Technology’s School of Business Administration, and the chairman of South China University of Technology’s National University Science Park. Professor Cui Yi, director of the Center for Venture Capital Research at South China University of Technology, said at the ceremony that the key to the transformation and upgrading of traditional industries lies in the innovation of business models. This is an inevitable trend! It is expected that Tong Menghui will most likely become a "unicorn" in the children's wear industry!
Tong Menghui’s founder Mr. Xi’s speech
Professor Cui Yi delivered a speech
Mr. Ma Chunlin, the founder of disruptive innovation retail and the famous brand management expert of Chinese fashion industry, gave a speech
Ms. Tang Minyi, President of Guangdong Apparel Culture Promotion Association and Chairman of China Guangdong, Hong Kong and Macao Apparel and Accessories Association
Tong Menghui founder Shuai Shuai interviewed by the media
Professor Cui, Director of Risk Investment Research Center of South China University of Technology interviewed by the media
President Tang Minyi accepts media interview
Speech by Mr. Liang Shaocong, founder of YiChun Venture Capital
Liang Shaocong, the founder of YiChun Venture Capital Partners, and Shuai Shuai, founder of Tong Meng Hui, signed an investment agreement
Yi Chong Venture Partners Photographed with All Partners of Tong Meng Hui and VIP Guests
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