Sewage investigation 3rd Lid Final Conclusion Plum Blossom Group Backdoor Wuzhou Pearl success or failure to decide

Source: Internet
Author: User
Keywords Founder Securities construction projects EIA emission permits
"From the national point of view, the monosodium glutamate industry pollution control does exist problems."  "May 11 afternoon, Shenyanghong into a biotechnology research and Development Center chief Engineer in the letter order told reporters." "Hebei Province, Langfang, Bazhouy related departments on the night of May 7 has formed a working group to investigate."  "On the noon of May 8, the Plum Blossom Biotechnology Group Co., Ltd. (hereinafter called Plum Blossom Group), who was involved in" illegal sewage disposal and land use modification ", said to reporters," the final conclusion is subject to the relevant department's investigation results. " Before May 7, CCTV focus talk show "fertile land to become a sump" Exposure Wuzhou pearl (600873.  SH) Potential backdoor side-plum Blossom Group existence "illegal sewage, change land use without authorization". The news immediately set off huge waves in the capital market.  May 11, the Wuzhou Pearl changed the previous 8 trading days trading posture, the whole day volume fell, and finally to 12.98 Yuan fell.  At the same time, the Continental Pearl issued a major asset restructuring announcement, the media about the plum Blossom group suspected of environmental issues of the report on this major asset reorganization constitutes a certain degree of uncertainty.  However, according to the people familiar with the report, Hebei Province Environmental Protection Bureau of the investigation results will be issued within three days, will be "the truth".  Two big PE: to the event "not clear" Plum Blossom Group This time a bit of a tiger.  Public data show that Plum Blossom Group headquarters located in Hebei province Langfang Economic and technological Development Zone, founded on February 27, 2009, registered capital of 2.6 billion yuan, fixed assets of more than 5 billion yuan, is a national key agricultural industrialization leading enterprises. Not only that, in the PE industry is quite the story of the Ding-hui biology and the new days of biochemistry both with huge sums of money in July 2008 to become a plum Blossom group shareholders.  One of the tripod-hui bio-funded 780 million yuan, accounting for the increase in registered capital of 15%, the new days of biochemical contribution of 754 million yuan, accounting for the capital increase after 14.5%. Ding Hui predecessor is a few years ago the SFC to prohibit the securities companies to carry out direct investment business from the CICC, its operation cases including Mengniu, Li Ning and so on.  New Horizon Capital was founded in May 2007, the fund scale of 500 million U.S. dollars, the previous investment case is with investment in shipbuilding enterprises Rongsheng heavy industry. According to relevant people, because of the plum Blossom Group in preparation for the domestic a-share listing and attracted two major private placement.  But after a slump in the market and a suspension of the IPO, Plum Blossom Group changed its strategy from IPO to backdoor.  April 29, the Wuzhou Pearl A paper bulletin shows that the company intends to sell most of the assets and directed additional about 900 million shares, absorption of the monosodium glutamate industry leading-plum group. The plan of absorbing and merging shows that the Wuzhou Pearl is in exchange for all the shareholders ' rights and interests of all the shareholders of Plum Blossom Group, the initial estimate value of plum Blossom Group is about 5.8 billion yuan, the issue price is 6.43 yuan/share, and the new shares are expected to be 900 million shares.  In this regard, Plum Blossom Group Backdoor Wuzhou Pearl surface. People in the market are immersed in the good news at that time, CCTV exposed problemssuch as blow.  May 11, the investment project for a long time inspection and investment enterprises have due diligence of the tripod-hui biology and the new days of biochemical related people, in the pollution incident to the reporter interviewed by the answer "not clear." Founder Securities Hebei researcher Li Guangzhan said, "in terms of the Wuzhou Pearl Reorganization program, is conducive to approval or approval, but the exposure of pollution will have a certain impact on the brand image of the enterprise." "Backdoor success or failure of the Wuzhou Pearl is the most recent stock market star."  The catalyst for this surge is the preparation of Plum Blossom Group Backdoor action. And for the media questioned, the reporter in a plum blossom group to the Wuzhou Pearl's reply, see the following answer: First, some time ago, the plum Blossom Group One Factory pipe network failure, carried out a 7-day maintenance, during which the direct discharge of some of the substandard wastewater, the maintenance has been completed before the media coverage; Plum Blossom Group in the anaerobic treatment of wastewater , oxygen consumption process will produce some activated sludge, as the related equipment is not yet in place, the activated sludge without drying treatment is discharged directly into the woodland as fertilizer; the "flue gas" that the plum Blossom group emits is mainly the water vapor produced during the process of producing organic manure from the high concentration wastewater produced in the production process,  The process of spraying granulation is done at high temperature, and it will produce non-toxic burnt odor in different degrees.  Secondly, the plum Blossom group does not exist without permission to change the land use situation. However, the plum Blossom Group also admitted that the company has a certain environmental violations, objectively violate the environmental protection laws and regulations discharge wastewater, waste residue, to a factory to take the production of rectification measures.  At present, the company has embarked on rectification and rectification work.  The company has set up the Environmental protection management system and the Environmental Protection Administration, which is suitable for the development of the enterprise, and has obtained the corresponding discharge permit.  Haitong Securities as an independent financial advisor to the transaction, one of its project organizers also told this reporter that they got the approval is legitimate. Plum Blossom Group also said that the company a small production plant, accounting for the total income of the company is very small, and in recent years in a state of meager profit. Therefore, the production of part of a factory equipment processing, the company's production and operation will not have a significant impact.  After the cut-off rectification, the replenishment of environmental protection equipment and other measures can completely eliminate the above problems, so that the level of environmental protection to reach a new height. So, will the above problems affect Plum Blossom Group's backdoor trade?  The sponsor of a securities company said that according to the management measures of listed companies ' securities issuance, since the date of the CSRC's approval, the listed company issued the securities within six months, more than six months unpublished, the approval documents expired, the plum Blossom group can solve the related problems within six months time, there is a great uncertainty. Although Plum Blossom Group believes that the two big questions will not have a significant impact on the major asset reorganization of the Wuzhou Pearl. But the final vote is still in the Wuzhou Pearl May 13 shareholders meeting, foreign authorities and the China Securities Regulatory Commission hand.
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