At present, Yiqing holding directly and indirectly holds 55% of the shares of red star, and Jingtai investment holds 45% of the shares of red star. After the completion of the transaction, DAHAO technology will directly and indirectly hold 100% of the shares of red star.
According to the announcement, the main business of Hongxing is liquor production and sales, and its main products include Hongxing brand liquor series. Yiqing holding is mainly engaged in liquor, food and beverage and other related businesses. Its main products include Red Star brand liquor series, Arctic Ocean brand series beverage products, Yili brand series food and other products.
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.
From traditional industrial enterprises to wine related stocks?
According to the public information, DAHAO technology is a high-tech enterprise specializing in the R & D, production and sales of computer control systems for various sewing and knitting equipment. It has three comprehensive bases, two product R & D departments, two product business divisions and more than ten sales and service outlets at home and abroad. The companys business scope includes: the production of computer embroidery machines, industrial automation products. Technical development, technical consultation, technology transfer, technical service, technical training; import and export of goods and technology; sales and maintenance of sewing equipment, CNC system of knitting equipment and its parts and accessories, rental office space, property management.
The companys performance has declined seriously since 2020. According to the interim report, the company realized 351 million yuan of operating revenue in the first half of the year, a decrease of 35.49% over the same period of last year, and the net profit of about 70.14 million yuan, a decrease of 57.35% over the same period of last year. The company explained that the macroeconomic situation in the first half of 2020 is not optimistic, especially the export is relatively low. Chinas sewing machinery industry is facing the severe test in the special period and the complex and changeable domestic and foreign environment.
According to the third quarter report, DAHAO technology achieved a revenue of 560 million yuan in the first three quarters, a decrease of 24.36% over the same period of last year, and a net profit of 118 million yuan, a decrease of 43.46% over the same period of last year.
Perhaps the stagnation of the main business has given rise to the idea of finding another way out.
Once the restructuring is successful, red star shares will realize their dream of listing, and DAHAO technology will become a liquor + food and beverage consumer stock, which can not be called win-win.
Since the beginning of this year, consumer stocks are favored by the market, and liquor stocks are unique. The stock prices of first-line liquor enterprises have reached new highs. However, it is worth noting that the fund has a clear preference for small liquor recently, and the stock prices of the third and fourth tier liquor companies have risen rapidly. Among them, highland barley liquor has been receiving the concern letter from Shenzhen stock exchange for seven days and six boards, and the golden seed liquor has risen by more than 70% since November (as of November 24).
In this regard, Zimeng team of Guotai Junan Securities food and beverage pointed out that the liquor plate has experienced great fluctuations recently, and the performance is mainly concentrated in the low line liquor. There are two main reasons. On the one hand, the overall medium-grade liquor is in the process of continuous improvement, and the third quarter performance is gradually confirmed. On the other hand, the hot spot of capital operation of Fosuns acquisition of Jinhui liquor is spreading and fermenting. Zi Mengs team believes that the liquor sector will continue the structural development trend of high-end excellence, secondary high-end differentiation and mid-level improvement. The certainty and stability of high-end performance will continue to highlight, and the performance potential of secondary high-end leaders is relatively large. It is recommended to stick to the high-end and optimize the second and third line liquor, adhere to the basic principle, and explore investment opportunities from the two main lines of performance certainty and performance potential.
Trading suspension the day before trading, investors questioned inside information?
In this regard, many netizens leave messages on social platforms, believing that this is suspected of insider trading.
In this regard, the company announced that after 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 the insider information to trade the companys shares.
Source: Securities Times net editor in charge: Yang Bin_ NF4368