Chiaki High-tech equity transfer to share price plunge 7 big institutions in a firefight

Yesterday (18th), a share transfer announcement let Chiaki Tech (000998, close to 29.31 yuan) hit the plate. The main content of the announcement is to be disclosed at the beginning of the acquisition of Beijing Tun Jade 60% Equity, transfer to Beijing Tun Jade parent company Shanxi Tun Jade.　　The acquisition of Shanxi Tun Jade Equity has been regarded as the main direction of the integration and expansion of Chiaki corn seed industry, and with the transfer of this equity, no doubt means that the company's corn industry, the pace of integration is slowing down, this is in the transition phase of the Chiaki tech is a heavy blow. Under the influence, yesterday, the stock market to the fall, the closing price still plunged 6.54%.　　In the stock price suffered a heavy blow at the same time, Chiaki trading seats There are 7 major institutions in the scene of the battle, the organization of many empty race to fight this is behind what kind of mystery? Equity transfer to the stock price tumbled yesterday Chiaki Bulletin said, the company and Shanxi Tun Jade signed "Beijing Tun Jade Seed Industry Limited Liability company Equity Transfer Agreement", the company holds Beijing Tun Jade 60% stake all transferred to Shanxi Tun Jade,　　Equity transfer of the total price of 39,470,280 yuan, of which the transfer of equity 36.9747 million yuan, the settlement of Beijing Tun Jade and the company's 2.4 million yuan, capital occupancy costs 95,580 yuan. In fact, in the domestic seed industry a new round of Boom cycle, Chiaki at the end of last year and Shanxi Tun Jade signed a strategic cooperation agreement, the first is to invest 36 million yuan to subscribe to Beijing Tun Jade 60% equity.　　The acquisition of Beijing Tun Yu 60% Equity, the original intention of Chiaki Hi-Tech is through Beijing Tun Jade and Shanxi Tun Jade comprehensive cooperation, to Shanxi Tun Jade direct or indirect holding, to achieve the integration of corn seed industry, and then make a strong corn seed industry. From the case of this year's report, in the acquisition of Beijing Tun Jade Equity, Chiaki Tech in the corn business income increased 1 time times, of which Beijing Tun Jade contribution to the sales revenue reached 103 million. In addition, the current market for Chiaki favored mainly the company's transformation of the expectations of the future performance of the optimistic. There is a view that the performance of the next two years of Chiaki mainly includes the company's internal integration and the next year after the integration of Shanxi Tun Jade's performance contribution, and the transfer of Beijing Tun Jade Equity also means the company and Shanxi Tun Jade cooperation to terminate. The emergence of this situation is undoubtedly the most severe blow to the Chiaki Tech centers in transition.　　It was probably this expectation that the company's share price was hit by a fall yesterday. But as the stock suffers, its shadow is mirrored by the body's brutal killing. Yesterday, Chiaki Billboard data show that a total of 4 institutional seats appear in the Buy list above, the total purchase amount of 52.3585 million yuan, while selling the list also has 3 institutions figure, 3 institutions total sold 44.6044 million yuan, the agency net buy 7.7541 million yuan. Although institutional buying remains the main force, the divisions among the 7 largest institutions have been seen.　　So, will this transfer of equity have any effect on Chiaki tech? Seed industry integration is still speeding up the transfer of equity, the company explained as failed to pass Beijing Tun Jade and Shanxi Tun Jade on the productionAgreement on business integration. Yesterday, Chiaki securities operators told the Daily Economic news reporter, the company and Shanxi Tun Jade in the follow-up assets, integration methods and asset prices there are big differences.　　The company's previous plan is to quickly enter the field of corn seeds through Shanxi tun Jade, although now failed, but under the leadership of Shi Shahe president, the company will choose other ways to enter the corn industry, and the structure of the company's seed industry has not changed the slightest.　　The above people told reporters that the early possession of 60% stake in Tuen Yu, semi-annual report also for the company contributed more than 100 million of the sales revenue, but Beijing Tun Jade is only a sales company, its gross margin is very low, so the company's performance almost does not constitute an impact. A large brokerage industry researcher told reporters, Shanxi Tun Jade Asset quality is not good and high debt ratio, this time with the company to terminate another level may be a good thing, from the company's corn varieties look, the existing sales varieties are older, lack of market competitiveness. and research and development of the new varieties of the fastest to pass the national trial, 2012 four quarterly sales, the final promotion of how the effect is yet to be discussed.　　Therefore, in terms of the transfer of shares, and can not be interpreted as bad, at most, the incident. The researcher believes that although the company's performance will not be much improvement this year, but due to the future performance bullish, Chiaki Tech has become a favorite of the institutions, many institutions will inevitably create a lack of unity of opinion, yesterday's performance has also verified this point.　　But there has been no change in the belief that Chiaki has long and long term firmness. The researchers told reporters that the company's industry integration has been in the early stage at the head office level Chiaki has set up a corn seed division, the division by the Shi Shahe President vertical leadership. At present, Chiaki Hi-Tech in the field of maize seed is the most optimistic variety is "16", the variety of profitability is expected to be comparable with the Super Test corn.　　This year, "Li-16" has been in the Heilongjiang early corn planting area, May 2011 again began to seed, 2011 years will achieve heavy volume. With a strong management team and policy support, the next two years, the company's hybrid rice share is expected to increase from the current 15% to 30%, corn market share is expected to increase from less than 1% to 15%. In addition, for internal minority equity integration, the researchers believe that the earnings of these subsidiaries increased very quickly, which prompted the parent company to quickly recover the demand, otherwise the future of these companies will be significantly reduced premium capacity, recovery will be more difficult.