Deep treasure again to throw Shenzhen Pepsi 5% stake in Pepsi losses drag

Shenzhen Shen Bao Industrial Co., Ltd. (Deep Bao a,000019) November 3 issued a notice, the proposed transfer of Shenzhen Pepsi Cola Beverage Co., Ltd. (hereinafter referred to as Shenzhen Pepsi) 5% Equity, the price is not less than 33.8 million yuan.　　It is noteworthy that the equity deal exposed Pepsi Shenzhen bottling plant operating conditions, the evaluation report showed that January 2010 ~ August, Shenzhen Pepsi loss amounted to more than 28 million yuan.　　Deep treasure is affected by the loss of Pepsi announcement, as of August 31, 2010, Shenzhen Pepsi shareholders of all rights and interests value of 676 million yuan, deep treasure holding Shenzhen hundred 5% of the equity valuation is 33.8 million yuan, the transfer price is not less than the evaluation value. For the reasons for the reduction, deeply Bao said that the company has established a "natural health products and services integrated tea industry chain" development strategy, is in the main business transformation of the development phase, tea industry has shown a good trend of development, the need for follow-up capital investment. At the same time, Shenzhen Pepsi Equity is not part of the company's main business category.　　If the transfer is successfully implemented, the company will generate a profit of not less than 19 million yuan.　　At present, deep Treasure holds 30% stake, Pepsi (China) Investment Co., Ltd. holds 70% stake. By the Shenzhen Pepsi Drag, Deep treasure of the first half of this year's net profit of 18.2635 million yuan, fell up to 695.82%, operating profit year-on-year decline is reached 16179.46%.　　Deep Treasure said, mainly in Shenzhen Pepsi Cola Beverage Co., Ltd. (hereinafter referred to as Shenzhen Pepsi) first-half loss, net profit year-on-year decline, leading to the company's investment income of the big reduction. This is not a deep treasure for the first time to sell a stake in Shenzhen Pepsi. December 2006, Deep Treasure convened the Board of Trustees, considered and passed on the transfer of Shenzhen Hundred 10% stake in the bill, the sale price of 100 million yuan ~1.1 billion.　　Deep Treasure said, the transfer of equity has brought nearly 70 million yuan income. Gradually fade out of carbonated beverages market "take advantage of the carbonated beverages market is not completely shrinking before the initiative to exit, high level set is to solve the problem of cash flow, for deep treasure is the best policy."　　Tang Hao, vice president of Hua Rong Xing Shang Capital Management Co., Ltd.　　As for the success of the transfer of equity will lead to personnel unrest, deep Bao dong secret office related officials said that the company did not participate in Shenzhen Pepsi Business Management, so will not bring personnel changes. In fact, there has been a loss of Pepsi bottling plants. "As far as I know, in addition to the Pepsi in Shanghai and Pepsi in Sichuan, Pepsi has been at a loss for most of its bottling plants in China."　　"Tang Hao said.　　"Daily economic news" yesterday called PepsiCo Greater China PR director Superb, was told to be training in the field, inconvenient to interview. In this respect, CIC consultant food industry researcher Zhou Sizhan said that with our country to allow foreign-owned and many industries in the field of foreign access conditions for further relaxation, more and more because of our original policy restrictions forced joint venture foreign enterprises have to take ownership of the road, wholly foreign-ownedtendency to become worse. "From the foreign ownership of the model, there are mainly the following models: through the right to buy repurchase claims, capital reduction, liquidation, equity transfer and other ways to achieve shareholder rights, it should be said that the deep treasure to sell 5% stake in Shenzhen, there is indeed the possibility of abandoning partners." "Zhou Sizhan said.