Zhejiang Fu acquisition 2345 by the sea-lung spoiler control of the six-year set now 1.1 billion
Source: Internet
Author: User
Financial Weekly reporter Yang Lui/Shanghai report due to acquisition of 2345, seamounts software (002195, shares bar) (002195). SZ) in the card after pulling out 12 trading board, the maximum increase of 2.6 times times, a temporary scenery unlimited. And as 2345 shareholders of Zhejiang-Rich Holdings (002266, shares bar) (002266. SZ), and was able to share the capital feast. However, few people know that the original Zhejiang Rich holding can enjoy the feast alone. Because prior to the Zhejiang-rich holding and the actual control of Sun Yi has made 234,538 of the equity, and the actual control of the Pang east of the same proportion of shares. Since then, Zhejiang-rich holding also wanted to buy 2345 of all. However, the sea-lung software to kill halfway, cross knife to take love. and Zhejiang Rich holding strategic transformation of investment, but also completely reduced to financial investment. It is noteworthy that, although the performance of the Zhejiang-rich holdings since 2012 has been declining for two consecutive years, its transformation is not a failure is not to see the effect, but the stock price has soared twice times more than the extraordinary. At the same time, the company's major shareholder Sun Yi also began a crazy reduction, less than half a year to roll away 1.1 billion yuan. The horizontal knife of the Hailong wins the love, the strategic transformation becomes the financial investment the Zhejiang and the rich holding and 2345 became the beginning in August 2013. August 12, Zhejiang Fu Holdings Bulletin said, to Sun Yi with the controlling shareholder, to a total price of 760 million yuan (the company does not invest more than 650 million yuan, Sun Yi Capital contribution not less than 110 million yuan) jointly acquired in Kuala Lumpur 234,538 of the rights and interests, after the acquisition and 2345 actual control Pang East tie major shareholders. At that time, the company's evaluation of the acquisition is quite high: the signing of the intent agreement, marking the company will enter the Internet industry investment operations, is the company's industrial upgrading of the forward-looking investment in strategic areas of business exploration. "There was such a chance, we also want to do some experiments on the internet, and the 2013 Internet is also relatively hot, so I want to buy." "Zhejiang Fu Holdings Dong Fang to the financial weekly (micro-credit: Money-week) Reporter said. Everything seems to be going well thereafter. November 29, Kuala Lumpur officially completed the registration of industrial and commercial change. But in less than a week the situation went downhill. December 6 Zhejiang-rich holdings suddenly suspended. The answer was announced on December 20, December 18, Baoshuping and the actual control of the software and 2345 and the actual control of the Pang East signed a letter of intent, to 2345 of the shareholders issued shares to acquire 2.3451 million equity, after the completion of the acquisition of 2345 will become a wholly-owned marine software subsidiary, The actual control person will be changed to Baoshuping. In this respect, Zhejiang rich holding evaluation said, "2345 of this merger and acquisition planning to improve the company's strategic investment exit channels and enrich the path of investment income, while conducive to optimizing the liquidity of the company's assets", not to mention the setback of the company's strategic transformation. "When we bought it, of course, we wanted to put 2345 down, but the 2345 shareholders, the chairman of the board, and our ratio were 38%,A major shareholder, the standoff, the other side refused to put. They also want to have a chance to look for a listing or an asset reorganization in the future, which is quicker for it. Later, it may have been a coincidence that they had reached a tacit understanding with the seamounts, and eventually restructured with the seamounts. "Zhejiang Fu Holdings Dong Fang said. The acquisition of 2345 let the seamounts software market attention, and should have been the protagonist of the Zhejiang-rich holdings, completely reduced to a supporting role, although its investment buoyancy looks good. According to the software related Bulletin, Kuala Lumpur 100% Equity valuation of 1.004 billion yuan, Zhejiang-rich holding investment costs of 650 million yuan, floating surplus to 209 million yuan, if the number of two-tier market premium this figure will be higher. In this respect, Fang said: "From the present point of view, the proceeds should be OK, but there are risks." After the reorganization of the Securities and Futures Commission approved? If we do not have a lot of sea-lung share price rise in the sky is not related to us. Another is the lock-up period of three years, three years after the number of shares is not clear. "Real control person Sun Yi Half a year is 1.1 billion Zhejiang rich holding mainly engaged in hydro-generator set product research and development, manufacturing, the company was listed in August 2008." From the year of listing to 2011, benefiting from the country's efforts to develop clean energy, such as hydropower, the company's performance has been rising. However, with the increasingly fierce competition in the hydroelectric equipment market, its performance began to decline continuously. The net profit of the company attributable to the shareholders of the listed company fell by 29.61% in 2012; the 2013-year performance Express showed that the figure was down 26.8% again. Therefore, Zhejiang-rich holdings began to transform vigorously, the establishment of energy equipment manufacturing, Energy engineering services, energy investment and development of large energy strategy and business pattern. August 7, 2013, Zhejiang-Rich Holdings issued two oil-related announcements, proposed by the subsidiary of Zhejiang-Rich international investment of 255,000 U.S. dollars and the Cayman Oil and gas group to set up operating offshore oil Field Engineering services Project Joint venture, the shareholding ratio of 51% , the company and Zhejiang-Rich international, with no more than 60 million Canadian dollars in Canada to set up a wholly owned subsidiary, responsible for the Canadian oil Field development project. "The current energy equipment manufacturing industry is not very good. These two years of slow economic growth, the country's investment in clean energy not only has not increased, but it is decreasing, so we consider that the company to grow in business needs to broaden the business side, so want to do some development in the upstream of the energy, think of the oil field this piece. "Referring to the acquisition of Canadian oil fields," Fang said, "Canada is still more welcome to foreign companies, and Canada itself is relatively active trading market, we have to acquire the oil field is also more convenient, the production of oil sales is also very convenient, the general day can be settled." "In addition, the company also extends its tentacles to strategic emerging areas." First, the investment of 60 million yuan to launch the establishment of Zhejiang-rich micro-Loan Co., Ltd., into the small microfinance sector. After that is investment 2345, intervention in the Internet industry, but by the sea-lung software damage. It is noteworthy that, although the transformation of Zhejiang-rich holding has not yet seen the results, but the stock price has long try soared. From December 4, 2012 minimum 4.92 yuan, fast onRose to September 9, 2013 up to 16.98 yuan, up 249.12%. At the same time, the actual control of the company Sun Yi began large-scale reduction of the company's shares. September 17, 2013, Sun Yi through the bulk trading system to 7.00 yuan to reduce the average price of 56.9 million shares, 398 million, October 31, and 8.42 to reduce 14.4215 million shares, 121 million, February 26, 2014 and 27th, respectively, 8.01 Yuan and 8.05 yuan to reduce the 33 million shares and 36.5 million shares, set now 5.58 Billion。 In other words, less than half a year sun Yi to reduce the set is now 1.077 billion, which caused many investors dissatisfied. Fang explained that the majority shareholder Sun Yi's reduction is out of its real estate investment needs. "We made the first increase in the time (2010), in order to smooth the meeting, the real estate projects are stripped to the major shareholders." After stripping to the major shareholder, on the one hand to repay the loan, then a follow-up investment to be added up, because if you do not develop, the government will take the land back. So there is no way, and finally in this regard to reduce, the real estate this piece of additional investment in. "March 6, 2014, Zhejiang-rich holding a personnel earthquake, including general manager Pan in the resignation of up to 7 senior executives, of which 4 of the total holding 7.073 million shares will be lifted after six months." Therefore, some investors suspect that the resignation of senior executives may be in the future of reduction, to pave the road. In this respect, the company's securities staff to respond to the financial weekly (micro-credit public number: Money-week) reporter, the company executives resign will go to the subsidiary, they can indeed freely buy and sell stocks after six months, but the intention of the executive resignation is not to reduce, but for the company organizational structure adjustment needs. (For more exclusive reports, please pay attention to Sina Weibo @ financial Weekly, Weibo public number Money-week, and download weekly app in Apple Store and other app market)
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