Great Wall Electrician invests 72.56 million big juice industry

Great Wall Electrician Notice, the wholly-owned subsidiary of Tianshui Great Wall Juice Group is to spend 72.56 million yuan to enlarge the juice industry.　　of which is not higher than 9.36 million yuan Shaanxi Heng Xing Juice held by the Tianshui juice company 15% stake in the Tianshui juice Company under the holding of Qinan juice and longnan juice two companies to increase the capital of 43.2 million yuan and 20 million yuan respectively. Data show that as at the end of 2009, the fruit Juice group total assets of 60.1165 million yuan, net assets of 57.8865 million yuan, loss of 62,400 yuan. Fruit juice Company was established in June 2001, registered capital of 40 million yuan, the Great Wall electrician capital of 34 million yuan, accounting for 85% of total equity, Heng Xing juice accounted for the rest of the 15%, mainly in the production and sale of apple juice concentrate for the main business. As at the end of 2009, the total assets of 394.7514 million yuan, net assets of 57.2698 million yuan, loss of 6.2153 million yuan.　　After the acquisition, the juice company will be fully owned by the Great Wall electrician. According to the above data, 15% of the equity of the corresponding net worth of 8.59 million yuan, so even if the juice company losses, the acquisition still has a 770,000 yuan premium. In this regard, the Company believes that there is a need for acquisitions.　　In addition, affected by the international financial crisis, most of the fruit juice enterprise losses Serious, is the best time to acquire. For bigger and stronger juice industry, the company had already started in September 2009, when the fruit juice group in accordance with the price of 1:1 from natural persons to acquire the Qinan juice 49% of the shares and Longnan 20% of the shares of fruit juice. The capital increase plan has raised its stakes to 93.66% and 73.33% respectively. Data show that as at the end of June 2010, Qinan Juice total assets of 97.0986 million yuan, net assets of 10.6089 million yuan. Longnan fruit juice Total assets of 60.1136 million yuan, net assets of 13.337 million yuan.　　2009, the two companies lost 1.7727 million Yuan and 502,800 yuan respectively. Industry insiders believe that this large-scale integration action and the company's structural adjustment. 2009, the company said to "develop to do strong pressure, strength to do fine medium pressure, integrated development of low-voltage, system integration Services, the wings of coordinated development." The 2009 financial statements show that the fruit and vegetable juice processing accounted for only 9.51% of the main business income, so the integration can balance the "wings" of the coordinated development.