Duplicating the main business to solve the problem of Super raise Fund application

In the use of super raise funds, Yanghe shares is a very lucky company, this is the author of the wine industry to find information when the accidental discovery. No money worry much, money too much worry also many. Most of the SME board and the company facing the unexpected fund-raising, although very anxious, but also very helpless. On the one hand, the funds need to be implemented as soon as possible, on the other hand, good projects are not so good looking. It is really not a simple matter how to use the super fund as soon as possible.　　But it is not a problem to the shares of Yanghe. Yanghe shares November 6, 2009 listed transactions, IPO super raise funds amounted to 1.77 billion yuan. Yanghe shares of the location of Jiangsu Province, Suqian, is the only country with two national famous wineries of the prefecture-level city, that is, Yanghe shares and double ditch. The two wineries not only have a similar product structure, but also a high degree of overlap between the sales market and the sales area. From the 2009 Annual report, Yanghe liquor business income of 3.95 billion yuan, Jiangsu has achieved 2.9 billion yuan, accounting for 73.4%, double ditch wine in the Jiangsu market, estimated at more than 80%.　　The fierce competition between the two is conceivable. Just this March, suddenly news, Suqian Asset Management Co., Ltd. intends to sell the double ditch wine industry 40.6% of the equity. In fact, the Suqian government was already running the operation before the shares of Yanghe were listed. In August 2009, the original holding a double ditch wine industry 40.6% stake in the Victoria, the price of 398 million yuan to the transfer of equity to Suqian Asset Management Co. Yanghe shares in the face of such "tailor-made" equity transfer, Nature will not let go.　　April 8, the company to 536 million yuan to let the transfer party holding a double channel wine industry 40.6% Equity. Yanghe shares 2009 main business income of 4 billion yuan, slightly lower than luzhou old cellar. In the first quarter of 2010, Yanghe shares income and net profit of 1.93 billion yuan and 720 million yuan respectively, while Luzhou old cellar income and net profit respectively is 1.45 billion yuan and 680 million yuan, Yanghe shares have rushed to the liquor listed company third position.　　In addition, Yanghe shares use super raise funds to acquire double ditch, realize the rapid replication of the main business, the development of the strength of stamina is obvious. To see more than the highest amount of the sea, Puri, this is a super raise funds about 5 billion yuan of heparin sodium raw materials manufacturing enterprises. For Hepalink, the use of extra funds will be much more difficult. If Hepalink want to buy peers, difficult to say, peer product quality is also difficult to meet the requirements of the sea. If Hepalink want large-scale expansion, how to ensure the stability and adequacy of raw material prices is also a big problem, another product sales target is also more concentrated, the risk of expanding postpartum is also to be considered.　　Where, like Yanghe shares, under the impetus of the government, quickly acquired a high-quality peer. From the fortune of the shares of Yanghe to the "Sea of the hills" faced with the Troubles, I think, this actually also provides a look for growth stocks, the company's main business if there can be rapid replication, to a certain extent will determine the company'sGrowth. For example, Suning appliances, the main business of replication is strong, if more than raise funds, he opened a new store is, it is estimated that the fund will not worry about.