Three special Ropeway: Qimin "abdication" and the dispute of equity

"New Chu Shang" magazine reporter | Huan Xiu Fang Intern reporter | I hope as the first brand of China Ropeway operation Industry, Wuhan three special Ropeway (002159, shares bar) Group of this year is not calm. Xiang-E sentiment (002306, shares bar) Chairman Mengkai frequently, for the anti-Meng and implementation of equity increase, mixed with the two sides of the separation of dialogue ...　　The stake in the battle to Mengkai backward and the end, and the three special group chairman Qimin announced dismissal, high-level exchange will affect the public company's new pattern of equity.　　Top change on the surface, the three-Special Ropeway Co., Ltd. walked a chairman who was responsible for the operation of the capital market, and a president who was also familiar with the securities market. July 29, the three special Ropeway issued a notice, Qimin, chairman of the 63-year-old, due to the age of a large, after careful consideration, to the board resigned from the Chairman, director of the office, and retired from the company. Liu Danjun, the company's former president, became a new chairman.　　Zheng, Chairman of the Board of Supervisors from Weather securities, will serve as president of the company. "The Chairman (Qimin) submitted a written application. "Three special Ropeway Secretary Ye Hongsen accepted the new Chu Shang," said the interview, "This is the resolution of several major shareholders after deliberation." At the same time, Qimin, who served as chairman of the Board for only 3 months, said in a media interview, "It is entirely my personal decision." Qimin said that as early as three years ago, he and the main shareholders of the company seriously studied his retirement, when the views of the parties were not unified, the resignation of the issue was suspended. Earlier this year, the company's board of directors before the transition, but it is "Mengkai" special period, retirement time deferred.　　Now, the company is in the normal preparation of additional issues, Mengkai the licensing incident also entered a calm period. "I would like to stop serving as a director and chairman," he said. "Qimin said.　　There are also analysis that the Mengkai incident cost him a lot of energy. According to public information, the current chairman of the Liu Danjun 58 years old, since 1994 joined the company, has been serving as President of the post, presided over the ropeway operation for 20 years.　　"Several times to lead the company's business transformation, this time as chairman of the board is a well-deserved." The focus of the personnel change is the new President Zheng.　　As the former chairman of the Securities Board of Supervisors, Zheng, Lantian shares, Daobo shares (600136, shares bar) as an important position, three special ropeway mainly see his understanding of capital markets and securities markets, of course, more easily to deal with the next person to raise the card. Still, the new president's background is curious. Who is the representative of the major shareholder? Or from the other side?　　According to a brief resume, an industry insider who declined to be named said, "Zheng is likely to come from the ' contemporary system '." According to public information, the new president, Zheng's old club, has a close relationship with modern technology. In the composition of the shareholder of the weather-wind securities, Wuhan state-owned assets management company owns 18.07% of the shares of the national capital, which is the largest shareholder, while the contemporary human-Fu medicine (600079, share bar), contemporary properties are directly holding the day Wind cardCoupons, which accounted for more than 16.52% of the pharmaceutical, the second largest shareholder of the day Wind securities. "On the surface, Wuhan state-owned as the first major shareholder of the day-wind securities, but in fact, are ' contemporary department ' in the operation of the plate." Many Hubei capital market practitioners so analyzed.　　Yu Lei, chairman of the days of the securities, was previously the "contemporary department" of the Human-fu technology of the Secretary.　　At the same time, the first major shareholder of the three special Ropeway for the Wuhan Donghu new technology Development Zone, and the second largest shareholder is representative Mengkai holding shares of GF Securities (000776, shares), the current shareholding ratio of 11.39%, the fourth largest shareholder is contemporary technology, shareholding 4.85%. At present, as the second largest shareholder of the day Wind Securities, three special Ropeway fourth largest shareholder of contemporary science and technology, if the increase is completed, will become the third special Ropeway second largest shareholder.　　Three special Ropeway This high-level change, also has the first and the fourth major shareholder joint momentum.　　Some analysts pointed out that the original chairman of the Qimin as the representative of the three special Ropeway, the actual control of the Wuhan state-funded background, and the new President Zheng from the weather, this also means that the contemporary department in the three special Ropeway control greatly enhanced.　　The issue should be Mengkai for the qimin of the sudden departure, although the company and he himself are said to be personal reasons, but people familiar with the situation said that this matter and Mengkai also have a certain relationship. Since the first time in early February this year, Mengkai, chairman of the Xiang-e sentiment, has been a menacing overweight.　　February 28, Mengkai holding three special Ropeway shares to 5.03%, April 3, Mengkai shareholding ratio to 10.04%, compared to 14.64% of the majority shareholder, a step away from the holding.　　Mengkai Frankly, his intention is very clear, is to hold three special ropeway, so that Xiang-e love can "contract" three special attractions of the catering. It is clear that the SASAC will not give up controlling power. In the subsequent two sides of the air, Wuhan state-funded attitude is very tough. Qimin expressed the hope to communicate with Mengkai. "Mengkai is my shareholder and I am still his chairman." However, Mengkai's reply was, "don't meet, share the talk."　　Speech revealed that the three special ropeway will be the determination of holding power. On the other hand, the three special Ropeway rushed to launch a fixed increase program to the sniper Mengkai Holdings.　　Set to increase the price of 13.99 yuan/share, to the contemporary technology, Wuhan Heng Jian Tong and 9 directors and senior executives to add more than 30 million shares, while the major shareholder Wuhan East Lake New opened but abandoned participation in the increase. It is worth mentioning that if the increase is successful, the proportion of large shareholders will be diluted to 11.71%, while the contemporary technology and the concerted action of the Rodes will reach 11.08%, leap into the second largest shareholder.　　If coupled with the current seventh largest shareholder Heng Jian, the "contemporary department" to become the largest shareholder is not a problem.　　At the same time, Mengkai hands will be diluted, it is difficult to shake the East Lake new open, or may be a contemporary group of controlling power. The plan was "accidentally" received by Mengkai in the shareholders ' meeting. Due to the reported losses in the report, and Mengkai "subsequent weakness", the three special ropeway can not be Mengkai by the increaseRise with excitement. Under the influence of "restricting the three public consumption", the profit of Xiang-e is greatly reduced this year, the hematopoiesis ability weakens, and the difficulty of Mengkai two-line operation is not small.　　However, in order to capture the three-special ropeway holding power, Mengkai must need a lot of money "backing"-the first half of this year, Mengkai through direct reduction, pledge, agreed to buy back three ways total financing nearly 400 million yuan. In 2012, Mengkai had to express his rhetoric, to the Xiang-e sentiment within three years to achieve 10 billion yuan. Now a year past, the 2013-year first quarter of the business income of Xiang E only 250 million yuan. "The loss is not at most.　　"A shareholder in Xiang-e sentiment shares in the bar so ridicule, lost feelings." Data show that 2013 Xiang-e sentiment in the first quarter of the loss of nearly 70 million yuan, while the first half of the estimated net loss of 160 million ~2.4 billion. Major losses in the main industry, close high-end stores, the acquisition of low-end mass catering, the previous large-scale sets now also can see its plight.　　At the same time, Xiang-e sentiment also tried hard to find a way out.　　Coincidentally, in the Hunan-Hubei situation announced that the acquisition of Jiangsu Yu Environmental Protection Technology Co., Ltd. 51% equity, "one word" trading that night, three special Ropeway announced high-level personnel changes. Later, Mengkai told reporters that he supported the resignation of Qimin. "That's a good thing," I said with both feet. "Zheng is referred to as the" contemporary department ", there are some outside speculation, three special ropeway will be to private capital direction to do some adjustment. "Three special ropeway should break the state-owned system, reform." "He believes that the new leader will bring new features to the company," he said of Liu Danjun, new chairman. " "But for whether to continue to increase the three special Ropeway, Mengkai not denied, said that" is still difficult to say. "　　There are also three special ropeway internal personnel revealed, "Mengkai this matter is not finished." The future of the three special "veteran exit, will affect the company's business" question, the new chairman Liu Danjun said firmly, "management is not big move, the company's operation will maintain continuity." "Wuhan three special Ropeway Group Co., Ltd. was founded in 1989, Wuhan City is the first joint-stock reform pilot private High-tech enterprises." August 2007, the company listed on the Shenzhen Stock Exchange.　　The company specializes in tourism passenger ropeway industrial development, with the rapid growth of China's tourism market, three special became the first brand of China Ropeway operation Industry.　　With the Chinese tourism industry upgraded from a simple sightseeing tour to a leisure vacation era, the second year of listing, Liu Danjun-led three "two transitions", from the Ropeway professional operators to the ropeway, scenic areas, landscape real estate development and management of the combination of tourism resources development. Three special is operating the project has Huashan Ropeway, Hainan Monkey Island Sea-crossing Ropeway, Lushan three-fold spring Tramway, Zhuhai Shijingshan Ropeway and so on.　　Among them, Shaanxi Huashan Ropeway let three special make pot full body. Projects under construction are distributed in areas such as Guizhou, Shaanxi, Fujian and Hubei. Only in Hubei province, Shennongjia Fish Town folk Customs shopping mall, Xianfeng Pingba Camp Eco-tourism area, and Xiangfan Nanzhang project, have begun to take shape。 Recently, the three special Ropeway Bulletin shows that the company has invested 30 million of the Nanzhang three ancient cottage tourism infrastructure projects, but also received 8 million yuan in the central budget funds investment.　　The news, the company's share price rose by 5%. Investment securities commentator Lan Yifei analysis, "Tourism resources are currently a share of the most abundant tourism, although most of them are still under construction or cultivation."　　He personally said he was optimistic about the long-term value of the three-special ropeway.　　At present, the company directly and indirectly holding subsidiaries of 30, and operating 12 ropeway/cable car. "Tourist attractions of the ropeway business, is really a cash cow." "There are investors in the three special stock bar commented." In addition to the larger initial input, the ropeway needs very little maintenance costs every year. In addition, as a special area of hardware facilities, such as Huashan, "You can choose not to take the ropeway, the price is to climb a few hours of the mountain." Ordinary people, really unbearable. "And therefore," no wonder Mengkai to try to hold three special ropeway.　　"Despite the prospect of a good future, the company's share price has been shaken downward since the beginning of March."　　The 2012 annual report shows that the net profit of the shareholders of the listed companies is 55.21 million yuan, up 37.5% year-on-year, and the deduction of the shareholders of the listed companies to deduct the non-recurrent profit and loss of the net-11.65 million yuan, fell 128.63%. "This shows that the three special Ropeway last year's main business is not ideal.　　"Tian Feng Securities investment adviser Wang Jibiao said that the company last year net profit of 55.21 million yuan, and investment income as high as 64 million yuan, the main business is not to make money." This has not improved this year. The company's quarterly display, net profit-32.58 million yuan, down 0.19% year-on-year. Liu Danjun introduced this year, the Chinese newspaper will be announced on August 23, a deficit of 290.039 billion yuan.　　In the face of this situation, may let the new Liu Danjun feel pressure. Wang Jibiao said that the three-special Ropeway this May stripped the real estate business, to obtain more than 40 million of the investment income, "This can make its semi-annual report not particularly ugly." "This, the company also elected to have a brokerage experience Zheng as president, perhaps to obtain relevant support, stabilize the stock price, to secure the increase." "It will also benefit the company's future operations in the capital markets," he said.　　"One analyst familiar with the situation said. However, the three-special Ropeway shares in 3 April the closing price of about 18, fell after May, and announced the Chairman, the president of the Change day, the shares fell to 13, the history of the lowest. Whether the handsome change will save the three shares, still need time to prove.