Delixi Group will officially enter ST Ganhua (000576, the previous closing price of 7.76 yuan) after reaching the local authorities to "no move" and "5 years investment in Jiangmen City".
At the same time, ST Ganhua will raise 790 million yuan in cash to the Delixi Group, plus a total of 942 million yuan of self-raised funds to invest in LED epitaxial wafer production and yeast bioengineering technology expansion and expansion projects.
In the future, ST Ganhua will transform from the traditional sugar and paper industry to the LED and bio industries.
A series of promises in exchange for shares In February 2011, ST Gansu's controlling shareholder Jiangmen Asset Management Bureau listed its holding of ST Ganhua shares through public collection, and finally determined that Delixi Group was the above-mentioned equity transferee, totaling 6400. Ten thousand shares, accounting for 19.82% of the total number of ST Ganhua shares, the transfer price is 6.59 yuan per share.
According to the data, Delixi Group is a large-scale industrial enterprise mainly engaged in the distribution and distribution of electrical industry. It is also engaged in integrated logistics, transportation, mineral energy, environmental protection engineering, renewable resources, PE investment and other industries. The company's residence is Yueqing City, Zhejiang Province.
For a Zhejiang enterprise to acquire a state-owned holding company located in Jiangmen City, Guangdong Province, it is understood that the background of the “marriage†between Delixi and Jiangmen City is that Delixi has made a number of commitments, including “in the The transfer of the shares will not be transferred within 36 months after the completion of the share transfer; the ST Ganhua will sign a three-year labor contract with the employees, and the employee's salary shall not be lower than the 2010 salary level; the ST Ganhua registration site will not move away. Jiangmen City; ST Ganhua raised funds through financing channels such as additional issuance within 5 years, and invested in the photovoltaic industry in Jiangmen City with a scale of not less than 1.5 billion yuan.
The announcement shows that although the Delixi Group is a private enterprise, its economic strength is strong. In 2010, the company realized a main business income of 6.98 billion yuan, and the net profit attributable to shareholders of the parent company was 490 million yuan.
Continue to expand bio-industry <br> <br> in determining the White ST Gan, West Germany decided to increase the capital of the company.
Today, ST Ganhua issued an additional issuance plan. The company plans to issue 120 million shares to Delixi Group. The issue price is determined to be 6.78 yuan/share, and the actual raised funds are about 790 million yuan. This part of the funds plus self-raised funds totaling 942 million yuan will invest in yeast bioengineering technical transformation and expansion projects and construction of LED epitaxial wafer production projects.
With the funds raised, ST Ganhua will invest in a new 5,000 tons of yeast powder/annual production line, 5,000 tons of yeast extract/annual production line and 5 million boxes of nutritious food/annual production line. According to relevant calculations, the project construction period is 1.5 years. After the project is completed and put into production, the annual sales income will reach 330 million yuan and the annual net profit will reach 39.4 million yuan.
LED is the next biggest thing <br> <br> in addition to the continued development of ST and sweet legacy business strengths, West Germany took over also brought a new business -LED industry as the ST and sweet.
According to the additional issuance plan, ST Ganhua will use 700 million yuan to build a high-bright blue-green LED epitaxial wafer production line, and engage in research and development and production of high-brightness blue and green LED chips. On the basis of making bigger and stronger LED epitaxial wafers and chips, the LED industry will be standardized, scaled, systemized and benefited, and the upstream and downstream industry chain will be developed to form a complete LED industry system. The construction period of the project is 1.5 years.
ST Ganhua said that the fundraising project is a high-brightness and ultra-high-brightness LED, which will be a major part of the growth of the LED industry in the future. As the project belongs to the LED upstream epitaxial wafer industry, the existing upstream enterprises (including listed companies) involved in the LEDs have a shorter upstream time and smaller scale, and the technology and experience are still limited. The high-end epitaxy and chips are still highly dependent on imports. . Therefore, investing in the LED upstream industry has good investment opportunities.
At the same time, Delixi Group promised to inject its LED industry management, technology, market resources and industry into ST Ganhua. According to preliminary estimates, the annual operating income of the project will reach 960 million yuan after the completion of the project, and the annual net profit can reach 130 million yuan.
At the same time, ST Ganhua will raise 790 million yuan in cash to the Delixi Group, plus a total of 942 million yuan of self-raised funds to invest in LED epitaxial wafer production and yeast bioengineering technology expansion and expansion projects.
In the future, ST Ganhua will transform from the traditional sugar and paper industry to the LED and bio industries.
A series of promises in exchange for shares In February 2011, ST Gansu's controlling shareholder Jiangmen Asset Management Bureau listed its holding of ST Ganhua shares through public collection, and finally determined that Delixi Group was the above-mentioned equity transferee, totaling 6400. Ten thousand shares, accounting for 19.82% of the total number of ST Ganhua shares, the transfer price is 6.59 yuan per share.
According to the data, Delixi Group is a large-scale industrial enterprise mainly engaged in the distribution and distribution of electrical industry. It is also engaged in integrated logistics, transportation, mineral energy, environmental protection engineering, renewable resources, PE investment and other industries. The company's residence is Yueqing City, Zhejiang Province.
For a Zhejiang enterprise to acquire a state-owned holding company located in Jiangmen City, Guangdong Province, it is understood that the background of the “marriage†between Delixi and Jiangmen City is that Delixi has made a number of commitments, including “in the The transfer of the shares will not be transferred within 36 months after the completion of the share transfer; the ST Ganhua will sign a three-year labor contract with the employees, and the employee's salary shall not be lower than the 2010 salary level; the ST Ganhua registration site will not move away. Jiangmen City; ST Ganhua raised funds through financing channels such as additional issuance within 5 years, and invested in the photovoltaic industry in Jiangmen City with a scale of not less than 1.5 billion yuan.
The announcement shows that although the Delixi Group is a private enterprise, its economic strength is strong. In 2010, the company realized a main business income of 6.98 billion yuan, and the net profit attributable to shareholders of the parent company was 490 million yuan.
Continue to expand bio-industry <br> <br> in determining the White ST Gan, West Germany decided to increase the capital of the company.
Today, ST Ganhua issued an additional issuance plan. The company plans to issue 120 million shares to Delixi Group. The issue price is determined to be 6.78 yuan/share, and the actual raised funds are about 790 million yuan. This part of the funds plus self-raised funds totaling 942 million yuan will invest in yeast bioengineering technical transformation and expansion projects and construction of LED epitaxial wafer production projects.
With the funds raised, ST Ganhua will invest in a new 5,000 tons of yeast powder/annual production line, 5,000 tons of yeast extract/annual production line and 5 million boxes of nutritious food/annual production line. According to relevant calculations, the project construction period is 1.5 years. After the project is completed and put into production, the annual sales income will reach 330 million yuan and the annual net profit will reach 39.4 million yuan.
LED is the next biggest thing <br> <br> in addition to the continued development of ST and sweet legacy business strengths, West Germany took over also brought a new business -LED industry as the ST and sweet.
According to the additional issuance plan, ST Ganhua will use 700 million yuan to build a high-bright blue-green LED epitaxial wafer production line, and engage in research and development and production of high-brightness blue and green LED chips. On the basis of making bigger and stronger LED epitaxial wafers and chips, the LED industry will be standardized, scaled, systemized and benefited, and the upstream and downstream industry chain will be developed to form a complete LED industry system. The construction period of the project is 1.5 years.
ST Ganhua said that the fundraising project is a high-brightness and ultra-high-brightness LED, which will be a major part of the growth of the LED industry in the future. As the project belongs to the LED upstream epitaxial wafer industry, the existing upstream enterprises (including listed companies) involved in the LEDs have a shorter upstream time and smaller scale, and the technology and experience are still limited. The high-end epitaxy and chips are still highly dependent on imports. . Therefore, investing in the LED upstream industry has good investment opportunities.
At the same time, Delixi Group promised to inject its LED industry management, technology, market resources and industry into ST Ganhua. According to preliminary estimates, the annual operating income of the project will reach 960 million yuan after the completion of the project, and the annual net profit can reach 130 million yuan.
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