One year after the state-owned assets entered the company, the company planned to inject assets, and the stock price was up and down ahead of time

category:Finance
 One year after the state-owned assets entered the company, the company planned to inject assets, and the stock price was up and down ahead of time


Ruan Chao, founder of Wenyi Fuxin capital, said in an interview with reporters from e company that in recent years, asset injection cases after state-owned capital entered private listed companies were relatively rare. If the state-owned assets have appropriate assets, it will not make sense to have only the shell of listed companies.

State owned assets began to be injected

So, who was in charge of Rhine sports that afternoon? After hours dragon and tiger list showed that the top five buyers bought a total of 42.4325 million yuan, accounting for 28.12% of the total transaction value of the day. Among them, Shanghai Branch of Huaxin securities purchased 12.8574 million yuan; Huatai Securities Chengdu Shujin Road Securities Business Department bought 8.3651 million yuan; Guotai Junan Chengdu North First Ring Road Securities Business Department bought 8.0381 million yuan; CITIC Securities Shanghai Caoxi North Road Securities Business Department bought 6.74 million yuan; GF Securities Shanghai Kongjiang Road Securities Business Department bought 6.4319 million yuan.

It is disclosed that Chengdu cultural tourism was established on October 26, 2012, with Wu Xiaolong as its legal representative and 75 million yuan of registered capital. Its business scope includes cableway operation, construction and management, skiing, enterprise marketing planning, etc.

According to Tianyan survey, the shareholding structure of Chengdu culture and tourism group is 63.34% for Chengdu culture and tourism group, 33.33% for Chengdu Tianfu overseas Chinese City Industrial Development Co., Ltd., and 3.33% for Chengdu Sports Industry Co., Ltd., and the actual controller of Chengdu culture and tourism is Chengdu SASAC.

At present, Chengdu culture and tourism has invested in Chengdu Dayi Xiling Snow Mountain Maple Leaf Hotel Co., Ltd. and Dujiangyan Yuting Tourism Project Investment Co., Ltd., with shareholding ratios of 85% and 16.34% respectively.

The reporter of company e noted that Chengdu cultural tourism is still a listed enterprise of the new third board. At present, its main business project is the Xiling Snow Mountain Ski Resort in Xiling Snow Mountain, a national scenic spot.

According to the financial report of Chengdu culture and tourism in the first half of 2020, the companys operating revenue in the first half of 2020 was 51.6876 million yuan, a year-on-year decrease of 55.80%; the net profit was 2.34 million yuan, a year-on-year decrease of 95.08%. As of June 30, 2020, Chengdus total assets of culture and tourism were 662 million yuan, down 1.82% compared with the beginning of this period, and the net assets were 634 million yuan, an increase of 0.35% compared with the beginning of this period.

Cutting into the cultural and tourism industry

In fact, this is the plan of injecting cultural and tourism assets into Rhine sports after one years official entry into the listed company.

At that time, laiyinda group and its actual controller Gao Jisheng said that they would actively introduce relevant resources into Chengdu, and agreed to and assist Chengdu Sports Investment in handling the procedures of moving the registered address of the listed company to Chengdu.

Data show that Chengdu Sports Investment Group is 100% owned by Chengdu culture and tourism group, which is a wholly-owned subsidiary of Chengdu SASAC. The business scope of Chengdu Sports Investment Group covers the investment and operation of sports infrastructure and sports industry projects; sports capital operation; investment, construction and operation of characteristic sports industrial park.

On June 3, 2019, the company received the notice from Rhein holding group and Chengdu Sports Investment Group, and the transfer of the above shares was completed.

Rhein sports was listed on the main board of Shenzhen Stock Exchange in 1994, and its original name was Rhine real estate. Under the severe situation of real estate macro industry, the former Rhine real estate opened the road of transformation and development in 2015.

In August 2015, the listed company officially changed its name to Rhine sports, and the sports industry became the transformation direction of the companys main business.

However, the sports road is not easy to go, the companys main revenue and profit point is still from the real estate business. In 2019, the companys real estate income was 102 million yuan, accounting for 73.86% of the total income; energy income was 15.40 million yuan, accounting for 11.18% of the total income; sports income was 19 million yuan, accounting for 13.78% of the total income. In the first half of 2020, the company realized an operating income of 55.1799 million yuan, an increase of 3.09% over the same period of the previous year; the net profit was - 25230700 yuan, an increase of 42.48% over the same period of last year. Affected by the epidemic, the income of the sports sector dropped sharply, only 873100 yuan, accounting for 1.58% of the operating income. According to the third quarter report of 2020 published by Rhine sports on October 29, the first three quarters achieved an operating revenue of 97.26 million yuan, a year-on-year increase of 16.87%; and a net profit of - 21.78 million yuan, a year-on-year increase of 63.77%. Now, with the steady progress of asset injection plan of state-owned controlling shareholders, Rhine sports will also cut into the cultural tourism industry. Source of this article: Yang Bin, editor in charge of E Company_ NF4368

However, the sports road is not easy to go, the companys main revenue and profit point is still from the real estate business. In 2019, the companys real estate income was 102 million yuan, accounting for 73.86% of the total income; energy income was 15.40 million yuan, accounting for 11.18% of the total income; sports income was 19 million yuan, accounting for 13.78% of the total income.

According to the third quarter report of 2020 published by Rhine sports on October 29, the first three quarters achieved an operating revenue of 97.26 million yuan, a year-on-year increase of 16.87%; and a net profit of - 21.78 million yuan, a year-on-year increase of 63.77%.

Now, with the steady progress of asset injection plan of state-owned controlling shareholders, Rhine sports will also cut into the cultural tourism industry.