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361 degrees internati-un adr (TSIOY) Details

361 Degrees International Limited, an investment holding company, is engaged in manufacturing and trading adults sporting goods primarily in the People’s Republic of China. The company offers footwear, apparel, and related accessories. It is also involved in trading kids sporting goods. 361 Degrees International Limited offers its products under the 361° Sports, 361° Kids, and Innofashion brands. It has strategic cooperation agreement with Baidu Times. The company was founded in 2003 and is headquartered in Xiamen, the People's Republic of China.

9,770 Employees
Last Reported Date: 08/19/14
Founded in 2003

361 degrees internati-un adr (TSIOY) Top Compensated Officers

Chairman
Total Annual Compensation: CNY1.0M
Executive Director
Total Annual Compensation: CNY1.0M
Executive Director and Member of Remuneration...
Total Annual Compensation: CNY645.0K
Compensation as of Fiscal Year 2013.

361 degrees internati-un adr (TSIOY) Key Developments

361 Degrees Debuts Kids Smart Shoes in Cooperation with Baidu

361 Degrees International Limited announce that the Company has recently launched four designs of smart shoes for children jointly developed with Baidu on the 361 Degrees' Kids Smart Shoes official website. This is the first digital smart product jointly developed by 361 Degrees and Baidu, since both companies entered into a strategic cooperation agreement in September 2014. Adopting Baidu's technology, this series of kids smart shoes is the first wearable device of the company and one of the earliest in the market, and is equipped with Baidu Hawkeye technology and LBS open platform services of Baidu Map, which offers accurate position monitoring. For the first time, the authorized access of Baidu Map gives 361 Degrees Kids smart shoes mature positioning technology, speeding up the locating process and reducing errors, thus providing an excellent "anti-lost" feature to the product. At the same time, Baidu Hawkeye and Wi-Fi positioning functions serve as the fundamental solution to the indoor location problem of other anti-lost products and eliminate blind spots. In addition, this series of kids smart shoes takes full advantage of the interconnectivity between Baidu Big Data and Baidu Map without time and location limits, providing an invisible security zone for children through data acquisition and analysis. It will send out alerts once the child leaves the area under monitor. Another key characteristic of this series of kids smart shoes is the wireless charging technology. The charging plate transmits energy to the receiving coil through inductive coupling, allowing fast and convenient wireless charging. The child only needs to place the pair of shoes onto the charging plate to charge the shoes. This is different from other smart devices for children on the market which require the supervision of parents. In addition, the 361 Degrees Kids Smart Shoes can monitor the child's health by combining Baidu's tracker with its big data. The data gets uploaded daily onto the Baidu health cloud, and according to the health cloud's information library of the health conditions of millions of children, a scientific program will provide tailored and professional health advice as well as exercise suggestions.

361 Degrees International Limited Enters into Strategic Cooperation Agreement with Baidu Times

361 Degrees International Limited has entered into strategic cooperation agreement with Baidu Times to jointly develop digitally enhanced sports products. This cross-sector cooperation between 361 Degrees and Baidu Times marks a significant revolution for traditional enterprises to implement innovative technologies and is confident that the cooperation will be beneficial to the improvement of products and services of both parties. In addition, the parties will share other resources, such as sales and distribution channels. Sanliuyidu China's initial capital commitment will be RMB10 million and Baidu Times will contribute an equivalent amount in platform and technological resources.

361 Degrees International Limited Presents at Bank of America Merrill Lynch China Conference 2014, Nov-03-2014

361 Degrees International Limited Presents at Bank of America Merrill Lynch China Conference 2014, Nov-03-2014 . Venue: JW Marriott Beijing (Chaoyang), Beijing, China.

 

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Daphne International Holdings Ltd $2.05 HKD -0.02
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TSIOY

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Valuation TSIOY Industry Range
Price/Earnings 14.4x
Price/Sales 1.1x
Price/Book 0.8x
Price/Cash Flow 14.4x
TEV/Sales NM Not Meaningful
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