Chinese god mud is coming! 80000 shareholders start trading

category:Finance
 Chinese god mud is coming! 80000 shareholders start trading


Stimulated by the above news, Tianshan shares were firmly closed on the trading limit board today, with the latest market value of 20.8 billion yuan. I believe that many of the companys 80000 shareholders have begun to calculate how many trading limits there will be.

Photo source: Dongfang fortune.com

Clinker production capacity will exceed Conch Cement

Tianshan company plans to issue shares to the controlling shareholder, such as China Building Materials Co., Ltd., and acquire assets of China building materials cement plate, including 100% equity of Zoomlion cement, 99.93% equity of Nanfang cement, 95.72% equity of Southwest cement and 100% equity of Sinoma cement. At the same time, it plans to issue shares to no more than 35 qualified special objects to raise matching funds.

Photo source: China building materials Bulletin

The issue price is 13.38 yuan per share. At present, the audit and evaluation of the subject matter of the transaction has not been completed, and the estimated value and proposed pricing have not been determined, which is expected to constitute a major asset restructuring.

From the target financial data, as of the end of 2019, the total assets of Zoomlion cement was 77.94 billion yuan, and the net profit in 2019 was 1.502 billion yuan; the total assets of Southwest cement was 61.98 billion yuan, with a net profit of 1.35 billion yuan; the total assets of Sinoma cement was 12.44 billion yuan, with a net profit of 2 billion yuan; the total assets of Nanfang cement was 85.81 billion yuan, with a net profit of 5.95 billion yuan.

After the reorganization, the total assets of Tianshan will increase from 15.28 billion yuan to about 250 billion yuan. As a result, the total assets of Tianshan will exceed the current cement first brother - conch cement, which has a total assets of 178.777 billion yuan by the end of 2019.

China building materials assets integration expected to rise?

After the completion of the transaction, the main business of the listed company will still be the production and sales of cement, clinker and commercial concrete, but the business scale of the company will be significantly expanded and will become the leading listed company in Chinas cement industry. According to the data of China cement.com, the current cement price remains at the high level since 2017.

Benefited from the high prospect of the cement industry, many bull stocks have been born in the cement sector - the stock price of evergreen has risen by more than 50% this year, and the share price of conch cement has doubled in recent two years. Before the merger, China building materials held a number of cement companies, which also set a new share price since 2015. In addition, this time such a significant positive, the most happy natural is Tianshan shares more than 80000 shareholders.

China cement network big data Research Institute believes that China building materials will not only greatly enhance the competitiveness of enterprises, but also play a regional or industrial chain synergy effect, and form an integrated advantage in technology innovation and asset quality.

Tianshan shares also said that after the reorganization, the listed company will incorporate the target company into the overall business system, fully coordinate the coordinated development of the target company and the existing business of the listed company, and form a benign interaction of collaborative development, mutual promotion and resource sharing. The reporter of daily economic news (micro signal: nbdnews) noted that the asset divestiture of Chinas building materials also reflects the professional restructuring ideas of central enterprises. In addition to cement, China Building Materials Group also owns leading assets of glass fiber and other subdivided industries. For example, China Jushi and Sinoma technologies are the worlds leading glass fiber manufacturing; Beixin building materials, as the largest new building materials industrial base in China, has a gypsum board business share of more than 60% in the domestic market. As Tianshan shares in the cement plate to start the reorganization prelude, China Building Materials Groups other subsidiaries of asset integration is also expected to heat up. (this article is for reference only and does not constitute an investment proposal. Therefore, the operational risk shall be borne by ourselves) source: Daily Economic News Editor: Yang Bin_ NF4368

Tianshan shares also said that after the reorganization, the listed company will incorporate the target company into the overall business system, fully coordinate the coordinated development of the target company and the existing business of the listed company, and form a benign interaction of collaborative development, mutual promotion and resource sharing.

The reporter of daily economic news (micro signal: nbdnews) noted that the asset divestiture of Chinas building materials also reflects the professional restructuring ideas of central enterprises. In addition to cement, China Building Materials Group also owns leading assets of glass fiber and other subdivided industries. For example, China Jushi and Sinoma technologies are the worlds leading glass fiber manufacturing; Beixin building materials, as the largest new building materials industrial base in China, has a gypsum board business share of more than 60% in the domestic market.

(this article is for reference only and does not constitute an investment proposal. Therefore, the operation risk shall be borne by yourself.)