Wuhan Chinese business "Ming" purchase sales goods Mao do thick performance

is trapped in the sale of shell rumors swirl of Wuhan Chinese businessmen (000785.　　SZ) finally cards. June 7, Wuhan, China and the company issued a major asset restructuring announcement, said it will be to the Wuhan Solidarity Group to implement directional additional, purchase its holdings of Wuhan Sino-Commercial Unity Pin Mao Management Co., Ltd. (hereinafter referred to as "sales of Goods Mao") 49% equity. Once the transaction is completed, the sale of Mao will become a wholly-owned subsidiary of Wuhan China Business.　　Preliminary estimates, Wuhan Chinese businessmen will issue about 41 million shares. 13 years in the market, Wuhan Chinese business debt up to 70%, never started refinancing, performance is not very.　　The reorganization, Wuhan Chinese businessmen suddenly become a hot market.　　The promotion of performance as the Wuhan commercial listed company "Millennium Third", Wuhan in the past few years profit margins depressed, has become a major shareholder of the most headache problem. "The company's net interest rate is only 1.47%. "In Wuhan, Wuhan is the richest business in China, both as a department store, a shopping center and a cheap supermarket," said Li Tao, the company's main shareholder and the company's director. But compared with the operation of the supermarket in Wuhan, the supermarket in Wuhan is very general, and the department store and the shopping center can't catch up with the E-martial. "There is a reason why big shareholders complain. Wuhan China Business Report shows that 2009, the company achieved sales revenue of 3.363 billion yuan, net profit of 51.9055 million yuan, gross margin of 17.93%.　　In the downturn of net profit, the company cost is as high as 430 million yuan. Compared with the other two listed companies-------------------------000501.　　SZ) and Wuhan in the Hundred (000759.SZ) gross profit margin of 20.16% and 18.27% respectively, the management costs are 161 million and 376 million yuan, profitability and cost control are far better than the Wuhan Chinese business.　　The situation is embarrassed, make Wuhan Chinese merchant buys the sale goods Mao to become especially important--sells the goods Mao has passed the loss period, the future performance promotion may period. Known as "Central China's first mall" Wuhan Pin Mao, is located in Wuhan Emerging commercial center-Wuchang Xudong Street Golden section, close to Changjiang two bridges, the total construction area of 200,000 square meters, is a shopping, food and beverage, leisure and entertainment equals one of the largest shopping center in central China.　　The project was jointly developed by Wuhan China Business Group and Wuhan Solidarity Group, and was opened in August 2005, after 4 years of market cultivation, until last year only began to profit.　　Wuhan China Business Report shows that 2009-year sales of goods-Mao shop rental rate, area rental rate reached 99.58%, 99.85%, the annual operating income and profit indicators year-on-year growth.　　With sales of commodities starting to make a profit, the 49% per cent takeover will obviously help increase corporate profits.　　Shell war in Wuhan Business Circle personage refers to, Wuhan Chinese businessmen eager to buy goods Mao, in addition to improve performance, but also in order to sniper company will be "sold shell" rumors. Wuhan China and Wuhan in the Hundred, Hubei and Wu-Wu is a joint holding company of commercial listed companies. Because of the similarity of the three positions, "Wuhan", the official has been selling aShell resource idea.　　A researcher believes that among the three companies, Wuhan has the worst performance, the most ambiguous positioning, shell resources are the most likely to be sold. Wuhan Chinese businessmen will be divided into borrowing shell rumors, has long plagued the company's development. June 7 Wuhan Chinese business Suspension notice shows that the transaction amount is expected to exceed the company's most recent audit of the net assets of 50%. Wuhan China Business 2009 Annual report shows that the company net assets of 605 million yuan.　　This means that Wuhan Chinese businessmen will pay more than 300 million yuan to complete the acquisition plan. In accordance with the Wuhan Chinese business in the first 20 trading days of the average price of 90%, that is, 7.43 yuan calculation, Wuhan Chinese businessmen will be directed to Wuhan Solidarity group additional about 41 million shares, the total share capital will be expanded to about 583 million shares. Changjiang Securities an analyst pointed out that the acquisition of Wuhan, the company Shell resources, the cost is too high.　　Wuhan Chinese businessmen to sell goods Mao's acquisition plan, will undoubtedly increase Wuhan Chinese businessmen were acquired difficulty.　　Wuhan Chinese business Dong Yi Guo Hua also said to the media, Wuhan Chinese businessmen can not as the community, sell the shell resources difficult to persuasive. Compared to the optimism of Wuhan, its big shareholder, the joint-stock, seems to have sprouted.　　From last October to this year March less than six months of time, Wuhan China merchants major shareholder Wu Lian has three times in Wuhan to reduce the implementation of the business. March 27, Wuhan China Merchants issued a notice, said the company's first major shareholder, the group holdings of about 4.3 million shares, accounting for 1.71% of total equity. Prior to this, October 21, 2009 and December 4, the Wu-Shang group has reduced about 2.76 million shares and 2.52 million shares in two times. After three reduction, the shareholding ratio of the Wu-Shang group was changed from 45.8% to 41.99%.