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.

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 this transaction, the price of the acquired assets has not been fixed.

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

Prior to the announcement of this major asset restructuring, DAHAO technologys stock price rose in advance on November 23. The latest closing price of DAHAO technology is 8.69 yuan, with a total market value of 8.05 billion yuan. The transaction volume of the day was 103 million yuan, significantly larger than that of the previous trading day.

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.

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

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