DAHAO technology plans to purchase Hongxing shares of liquor company Erguotou is coming to a shares

category:Finance
 DAHAO technology plans to purchase Hongxing shares of liquor company Erguotou is coming to a shares


Since this year, liquor, food and beverage and other major consumer industries have been favored by the market. If the restructuring goes smoothly, DAHAO technology will be properly transformed into a consumer stock. The reporter noted that, interestingly, in the third quarter of this year, the three asset management plans of pioneer fund all dropped out of the top ten shareholders of DAHAO technology. It is a pity that they missed the reorganization.

DAHAO technology said in the announcement that the company is planning to purchase 100% of the equity of asset management company held by Yiqing holding company by issuing shares, and purchase 45% shares of Hongxing shares held by it from Beijing Jingtai Investment Management Center (hereinafter referred to as Jingtai investment) by issuing shares; at the same time, it plans to privately issue shares to raise matching funds.

Yiqing holding is the controlling shareholder of DAHAO technology, with a shareholding ratio of 32.5%. At the same time, Yiqing holding also holds 100% equity of asset management company. According to Tianyan data, the controlling shareholder of Yiqing is Beijing state owned capital operation and management center, and the actual controller is Beijing SASAC.

At present, the main business of asset management companies is to perform retirement management services and manage the 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.

According to the plan of Yiqing holding, 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, Yili brand series food and other products.

Hongxing companys main business is liquor production and sales, and its main products include Hongxing brand liquor series. Yiqing holding directly and indirectly holds 55% of the shares of red star, and Jingtai investment holds 45% of the shares of red star. The actual controller of Jingtai investment, like DAHAO technology, is also the SASAC of Beijing Municipality.

It is reported that on November 23, DAHAO technology has signed a restructuring intent agreement with its counterpart, except for the above asset purchase part. DAHAO technology also plans to raise matching funds by means of non-public issuance of shares. 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 funds raised shall not exceed 100% of the transaction price of purchasing assets.

On the 23rd, the stock price of DAHAO technology was trading, which made the outside world suspicious of information leakage. DAHAO technology said that the company attaches great importance to the stock price fluctuation on the 23rd. Through the preliminary self inspection of the company, it has not found that the company, its controlling shareholders, insiders of the other party and their immediate relatives have used the inside information to trade the companys shares.

Transform into a consumer company

In addition, red star has built a national business pattern of collaborative production in Beijing, Tianjin and Shanxi. In 2019, Hongxing Huairou plant area will be upgraded and transformed into a large-scale cultural industrial park in Erguotou. Hongxing liuquxiang branch, located in Qixian County, Shanxi Province, is a national intangible cultural heritage inheritance base of Erguotou, which integrates brewing, production, storage and industrial tourism. In addition to Red Star Erguotou, the target company of DAHAO technology restructuring also owns famous brands such as Arctic soda and Yili bread. In this way, the restructured DAHAO technology will jump from manufacturing industry to big consumption industry and span multiple consumer markets at the same time. In recent two years, liquor, food and other consumer listed companies continue to be popular in the market. The reporter noted that in the third quarter of this year, the three asset management plans of pioneer fund all dropped out of the top ten shareholders of DAHAO technology and were replaced by two natural persons and Amoy Co., Ltd. Source: Securities Times editor in charge: Yang Bin_ NF4368

In addition, red star has built a national business pattern of collaborative production in Beijing, Tianjin and Shanxi. In 2019, Hongxing Huairou plant area will be upgraded and transformed into a large-scale cultural industrial park in Erguotou. Hongxing liuquxiang branch, located in Qixian County, Shanxi Province, is a national intangible cultural heritage inheritance base of Erguotou, which integrates brewing, production, storage and industrial tourism.

In recent two years, liquor, food and other consumer listed companies continue to be popular in the market. The reporter noted that in the third quarter of this year, the three asset management plans of pioneer fund all dropped out of the top ten shareholders of DAHAO technology and were replaced by two natural persons and Amoy Co., Ltd.