Mao'S Industry, Which Is Good At Capital Mobilization, Has Suffered Setbacks.

Huang Maoru, head of Mao Industry Department, is a master of capital operation.

At present, there are 3 H-share companies, Maui international, and A group companies, including chengshang group, maotie logistics and commercial city.

It is worth mentioning that Maui logistics has been listed for the three time, and the two discount has been pferred to 100% of Maui holdings, and the listing price has dropped from the initial 2 billion 200 million to the current 1 billion 400 million.

In September 10th, chengshang group announced that in September 7th, it received a letter from its controlling shareholder maotie mansion, and recommended that the company take part in the 100% equity interest of Maui holdings, a wholly owned subsidiary of the Maoming industry logistics company. In the case of related directors' avoidance, the 3 independent directors of the board of directors of the business group decided not to take part in the pfer.

Before the announcement of the chengshang group, Mao Ye logistics had listed 100% shares of Maui holdings for the three time, the first listing price was 2 billion 200 million yuan, the second listing price was 1 billion 760 million yuan, and the third listing price was 1 billion 400 million yuan.

Compared with the first listing price, the third listing price is equivalent to forty percent off.

Public information shows that Maui holdings owns 4 department stores, located in the central business district of Qinhuangdao, and has a large number of commercial property assets.

The first 2 billion 200 million yuan listing price is not expensive in the industry. After the two discount, the target has become very cheap.

However, the chengshang group rejected the recommendation of big shareholders.

Chengshang group announced that the company received a notice from the controlling shareholder of Maoming industrial estate in September 7th, and the other side recommended the company to participate in the paction of 100% equity of the Maoming industry holding company.

However, after a vote by the board of directors, chengshang group decided not to take part in the pfer.

Why did not participate in the pfer? Chengshang group announced that, first of all, as of June 30th this year, the company's cash account was only 43 million 141 thousand and 900 yuan, and the financial situation was not enough to participate in the listing paction. Secondly, the company has not yet completed the integration of Southern China regional department stores assets controlled by Maoming industrial store, such as participating in this paction.

At the same time, it is necessary to integrate the department stores assets in North China at the same time, which may affect the stability of the actual operation of the company.

Zheng Yi, deputy director of chengshang group, told reporters that the company was in the suspension stage. Currently, two reorganizations are being carried out. There is no more capital and energy to carry out the third restructuring. "If Southern China and North China are restructured and integrated, the pressure is too great, so the company will not consider participating in the pfer."

Reporters noted that 8 of the directors of the chengshang group participated in the vote, of whom 5 were related to the board of directors to avoid voting, and the other 3 directors agreed not to participate in the pfer.

Zheng Yi told reporters that 3 voting directors were independent directors.

In June of this year, Mao ye again threw out a heavy reorganization, putting Mao Yi International's 8 billion 560 million assets into a business group.

Mao Ye international assets pferred from H shares to A shares, and the valuation increased significantly. For example, the net assets of peace and Maopai were 460 million yuan, the assessment value was 3 billion 580 million yuan, and the appreciation rate was 678%. The value-added rates of Huaqiang North Maoming, Shennan Maoming, Eastern times Maoming and Zhuhai Maoming industries also reached 1065%, 695%, 1177% and 651% respectively.

The pfer of Maui holdings, Maui logistics is to solve the potential competition problems with the actual controller, and withdraw from department stores and retail.

To pform into the field of communication service.

Prior to this, Maoye logistics acquired the creation of long road and long communications, and the two companies are doing well.

However, some analysts believe that Maopai holdings will not be able to get rid of the outsiders.

If Mao Ye Department receives Mao Mao Ye holdings, after improving and upgrading its management and management, and then integrating it with other parts of North China's commercial assets to another A share listed company, it can enhance valuation.

After the two discount of Maui holdings,

It was recommended to "own people" into the business group, while the latter rejected the "good intentions" of the big shareholders.

Deputy director of the maid logistics office told reporters that Maui Holdings has not yet been recruited to the pferee, and will continue to collect.

It is worth mentioning that when the first listing was pferred to Maui holdings, the Shenzhen stock exchange sent a letter asking whether Mae logistics disclosed whether the actual controller and its control body participated in the pfer.

Subsequently, Maui logistics announced that the controlling shareholder of the trillion investment, Huang Maoru and other entities under control will not take part in the public listing pfer; if the non pferee, the medium investment, Huang Maoru and other entities under control will decide whether to participate in the subsequent pfer according to the trading conditions determined by the board of directors at that time.

The third time when the listing was pferred, it was indicated that if the pfer was not finally concluded, the company would convene the board of directors to consider the related matters of re listing the underlying assets.

It is worth mentioning that Maui is another A share listed commercial city, is currently in suspension, the suspension is due to "major asset restructuring".

However, the time of the suspension of the commercial city was in September 2nd, and the company did not issue any announcement on whether to participate in the listing of Maui holdings.