Red Star Erguotou to come a share restructuring target DAHAO technology trading limit ahead of time

category:Finance
 Red Star Erguotou to come a share restructuring target DAHAO technology trading limit ahead of time


The trading of DAHAO technology companys shares will be suspended for no more than 10 trading days from November 24.

DAHAO technology plans to acquire Hongxing Erguotou

After the completion of the transaction, DAHAO technology will directly and indirectly hold 100% of the shares of red star.

On the evening of November 24, DAHAO technology, A-share company that has been suspended for one day, announced that the company intends to issue shares to purchase 100% of the equity of asset management company held by Yiqing holding and 45% of shares of Hongxing held by Jingtai investment, and the company plans to raise matching funds.

At present, the main business of Yiqing asset management company, which is 100% controlled by Yiqing holding company, is to perform the functions of retirement management service and custody of equity of non main business enterprises. First light holdings plans to integrate the assets related to the main business such as alcohol, food and beverage, and inject them into the asset management company, and divest the existing functions of the asset management company.

After the relevant assets are injected into the asset management company, the asset management company will mainly engage in liquor, food and beverage and other related businesses, and the main products include Red Star brand liquor series, Arctic Ocean brand series beverage products, and Yili brand series food products.

Yiqing holding directly and indirectly controls another 55% of Red Star shares. After the completion of the transaction, red star shares 100% equity will be injected into the listed company DAHAO technology.

Hongxings main products include Hongxing brand liquor series. Hongxing Erguotou, which is well known to the public, is the product of Hongxing stock company.

According to the official website, Hongxing Co., Ltd. was founded in May 1949, formerly known as the experimental factory of North China liquor monopoly company. As the first state-owned brewery in Beijing, Hongxing fully inherited the traditional brewing techniques of Erguotou liquor and produced the first batch of Hongxing brand Erguotou liquor.

After years of development, the company has formed a brand structure with Red Star as the main part, Guchong and liuquxiang as the auxiliary, and created two main product lines of Hongxing Erguotou fragrance series and Hongxing Centennial Jianxiang series.

There are also Arctic soda, yogurt and bread on the market

In addition to Hongxing Erguotou, the assets injected this time include Arctic Ocean soda and Yili brand series food, which are familiar to old Beijing people.

In the Arctic Ocean Yili Food Store on an e-commerce platform, you can see the Arctic soda, Arctic yogurt, Yili bread, biscuits and other leisure food, which are very Beijing.

In addition, DAHAO technology plans to raise matching funds by non-public offering of shares to no more than 35 specific investors. The number of shares to be issued shall not exceed 30% of the total equity of DAHAO technology before the issuance, and the total amount of supporting funds raised shall not exceed 100% of the transaction price of purchasing assets by issuing shares in this transaction.

More than 100 million yuan of funds to pull the limit: the company said no insider trading was found

DAHAO technology said that after the companys preliminary self-examination, it was not found that the company, the companys controlling shareholders, insiders of the other partys insider information and their immediate relatives used insider information to trade the companys shares. The independent financial consultant of this reorganization will conduct self-examination on the insider information of the reorganization whether there is any trading of the companys stocks by insiders.

In addition, the transaction needs to be submitted to the companys board of directors and the general meeting of shareholders for deliberation, and can be formally implemented after being approved by the competent regulatory authorities. There are still some uncertainties about whether the transaction can be approved or not, as well as the time when the relevant approval or approval is finally obtained.

The stock price of Niulanshan Erguotou soared more than five times in two and a half years

Erguotou is the liquor of Beijing, which is full of Beijing flavor. At present, Hongxing and Niulanshan are well-known major Erguotou brands. Niulanshan has been listed in a share market, and the name of a share is Shunxin agriculture.

When searching for Erguotou on an e-commerce platform, Hongxing Erguotou and Niulanshan are the main ones. Judging from the price, Hongxing Erguotou is higher than Niulanshan Erguotou.

Red Star Erguotou (43 u2103) 750ml, 6 bottles in a box, 241 yuan, each bottle price is 40 yuan.

The 46 degree 500ml Niulanshan Erguotou, a box of 12 bottles 115 yuan, each bottle price less than 10 yuan.

However, judging from the number of evaluations, Niulanshan is much higher than Hongxing.

Shunxin agriculture, with Niulanshan Erguotou liquor as its main asset, has a latest market value of 44.8 billion yuan. From the bottom of the stock price in February 2018 to the high level at the end of August 2020, the share price of Shunxin agriculture has soared more than five times in two and a half years, which is also a big bull stock in recent years.

Source: Ren Hui, editor in charge of China Fund News_ NBJ9607