Xidan Shopping Malls Won The New Lufthansa &Nbsp; Public Agencies Cash Advance Departure.

In June 1st, the Xidan Shopping Centre (600723.SH) announced that the company's private placement scheme was awarded. SFC Through conditional adoption, it intends to issue about 249 million shares to the major shareholder first brigade group and purchase 100% of new Yansha holdings. After the issuance, the total share capital of Xidan shopping malls increased to 658 million shares.

It is understood that the price is 9.92 yuan / share. In June 2nd, in the overall decline of the overall market, Xidan shopping malls rose against the trend, or about 0.76%, and eventually closed at 13.30 yuan.

After the completion of the issuance, Xidan shopping center will have high-quality assets such as Yansha mall and Guizhou friendship building, and establish a leading position in the capital business.

In June 2nd, reporters repeatedly called Xidan shopping malls, but no one answered.

Is it wrong to swallow elephants?

Because Xidan shopping mall has many valuable properties in Xidan and other regions, this means that the reality of "Yansha"'s lack of commercial property will end.

And new Yansha Holding Xidan's shopping malls will also benefit from restructuring. At present, the new Yansha holdings owns Jin Yuan's new Yansha MALL, Je Ssha O Teles, Yansha friendship mall and the "Hi you mansion".

According to statistics, Jin Yuan's new Lufthansa MALL, Yansha outlets and valuable friends building last year reached the highest level in history. Only the sales of the Yansha outlets reached nearly 3 billion yuan, which is even equivalent to the total sales performance of all the stores in Beijing and Xidan.

Bright with new Yansha Holdings achievement Xidan's shopping malls are rather inferior. In 2008, due to the financial crisis and the huge loss of foreign stores, Xidan shopping malls had a total annual loss of about 30 million 550 thousand yuan, and 7 of the 12 controlled subsidiaries were negative. In 2009, the total revenue of Xidan shopping malls increased by 2 billion 486 million yuan, an increase of 6.87% over the same period last year, resulting in a total profit of 49 million 740 thousand yuan and a loss of subsidiaries to 5.

In 2010, the total sales performance of Xidan shopping center was nearly 3 billion yuan, with a profit of nearly 70 million yuan, reaching the highest point since its opening. However, this figure is still quite different from that of new Yansha holdings, which has exceeded 5 billion yuan in 2009.

Therefore, for the Xidan shopping malls to buy new Lufthansa holdings, the industry also has many doubts.

Departure in advance

However, many brokers have been optimistic about the restructuring of Xidan shopping malls.

Liu Bing, an industry analyst at Guotai Junan, said in his report: "according to the development of the fourth quarter of last year, we expect the company to generate 9 billion 700 million yuan in 2010 and 240 million yuan in net income, which corresponds to about 0.36 yuan of EPS after the issuance."

He also wrote at the same time: "the private placement of new Yansha holdings will greatly enhance the scale of operation. It will become the only tourism business platform of the first brigade group and one of the 6 business platforms of the group. The first brigade group is rich in resources and backed by the group. The company's future development should be supported by the group.

CICC online predicts that Xidan shopping malls will grow faster in 2011, mainly from the endogenous growth of the original stores in Xidan and Yansha. The original loss business in Xidan is expected to substantially reduce its losses, and the consolidated statements will be thickened.

And the securities companies have been optimistic about the difference between the departure of many institutions in advance.

As early as 2010, the news of the reorganization of new Lufthansa in Xidan shopping malls had already confused the hearts of the capital circle organizations.

According to the information of the reporters, after the reorganization direction was determined, 7 of the top ten tradable shareholders in the Xidan shopping center were newly entered and opened. As of March 31, 2011, the top ten circulation shareholders of the Xidan shopping center accounted for 9 seats.

And the obvious increase is that the strength of Jianxin has been increased from 4 million 990 thousand shares in September 30, 2010 to 5 million 490 thousand shares in March 2011.

But at the same time, the reporter observed that the ten largest tradable shareholders, the Chinese summer advantage, had already ranked second in the circulation market of Xidan emporium as early as September 2010, holding 19 million 630 thousand shares. In December 31, 2010, the number of Chinese stock holders remained unchanged, but in the ten largest circulation shareholders in March 2011, they could not find traces of China's superiority and left the field ahead of schedule.

The same tacit understanding with China's advantages is that the 7 million 560 thousand national social security fund 107 portfolios, which were held in September 2010, were not seen in the latest circulation shareholders in March 2011. At the same time, during the December of September 2010 -2010, many institutions left early, South performance, Zexi Ruijin 1, the national social security fund 604, and China blue chip core hybrid securities investment fund (LOF).

Insiders believe that, or because the restructuring is increasingly clear, share prices have also risen a lot, so many institutions choose cash.

Reporters observed that in the three quarter of 2010, Xidan's shopping malls went out of a fierce trend, and the share price rose more than 60%, but the stock price fell by about 17% in the fourth quarter of last year. It is easy to see that several agencies tacit understanding of the departure time.

Needless to say, the restructuring of Xidan shopping malls will make new Xidan a new business leader in Beijing. However, after marrying the new Yansha holding company, how to make the new business giant go ahead of ice breaking seems to be the key issue for new Xidan to consider in the future.