Yuantong Backdoor Landing Will Become The First Unit Of Mainland Express.

Shanghai Stock Exchange listed company Dalian

Last night, the announcement was announced.

Approved by the SFC for approval of backdoor listing.

And with the reply issued by the announcement together with the four executives of the creation of the resignation of information.

The company announced that the board of directors received the written resignation report of Ms. Li Guilian, vice chairman of the board, Ms. Shi Xiaodong, vice president and general manager Mr. Shi Dou Dou, vice chairman of the board in September 13, 2016.

This means that the creation of Da Yang will no longer be a family business. The founder, Li Guilian, will leave with his son Shi Xiaodong and his daughter Shi Doudou.

Speaking of Li Guilian, the most well-known person may not be the top entrepreneur of Hurun rich list, but the one who was praised by Buffett.

Buffett has once celebrated two people in China, one is BYD's Wang Chuanfu, the other is Li Guilian.

"Stock god Buffett has customized 26 sets of the company.

Schwab, chairman of the world economic forum, has also made 7 sets in one year.

Bill Gate also appeared on the company's customer list.

Yang, who was once so proud, has not been optimistic in recent years.

Therefore, some people say that selling the shell is a way out.

Backdoor landing

At the end of last year, a notice on STO opened a prelude to "competition".

In December 1, 2015, STO's 100% stake was expected to be priced at 16 billion 900 million yuan for backdoor Edisi listing, and its valuation premium reached 7.5 times, becoming the first private express company in China.

In January 16, 2016, IPO, who wanted to be independent of the company, finally announced the option of backdoor.

Then SF confirmed the launch of A shares.

In fact, China Unicom, Baishi Huitong, Feng Feng and other private courier giants have also been in the news of planning for listing, and they are competing for the capital market.

After more than half a year's time, according to the announcement of Da Yang's creation, the company received the approval of the SFC on the approval of the major asset restructuring of Dalian Dayang creation Limited by Share Ltd and the issuance of shares to Shanghai Tantong Dragon Investment and development (Group) Co., Ltd. in September 13th.

According to the restructuring plan, Da Yang intends to sell all its assets and liabilities and acquire 100% equity in the express delivery of shares by issuing shares. The paction price is 17 billion 500 million yuan.

In addition, the company intends to Yu Huijiao, Zhang Xiaojuan, Ali venture capital and so on a total of 7 specific target non-public offering shares.

After the implementation of the paction, the controlling shareholder of the express delivery company, the dragon group, will become the controlling shareholder of the listed company. The actual controller Yu Huijiao and Zhang Xiaojuan will be the actual controllers of the listed companies. The paction will constitute a backdoor listing.

After the completion of the paction, the listed company will pform from a garment manufacturing enterprise into a comprehensive express logistics service enterprise, and the main business will be pformed completely.

Judging from the current situation, several major domestic express companies will win victory through the backdoor in the A share market.

In addition to the tact, Shun Feng will borrow the new material of Ding Tai to enter the A share market, and rhyme express will try to borrow the new sea shares, while Shen Tong's backdoor object is Edisi.

And when the actual controller of Dayang creation company changed hands, the company executives were also faced with a reshuffle.

The news of the creation of the company was released, and the news of the resignation of the four executives of the company came to the surface, including the soul of Dayang creation and Lee Li Lian, chairman of the board of directors of the Forbes rich list.

Dayang creation announced that the board of directors of the company received the written resignation report of chairman Li Guilian, vice chairman Hu Dongmei, director and general manager Shi Xiaodong and deputy general manager Shi Dou Dou in September 13, 2016.

Four reasons for resignation are personal reasons.

Public information shows that Li Guilian served as director and Secretary of Party branch of Yang Shufang garment factory, director of the new Jinxian garment industry general factory and Secretary of Party branch, general manager and Secretary of Party committee of Dalian Yang Shufang Industrial Corporation, chairman and President of Dayang enterprise group's board of directors, and Party committee book.

Two sides of shell selling

Prior to this century, cruise ship 13 billion sold the giant shell network, triggering the public "sell 4 years rather than sell shell 20 days" feeling.

And for the creation of Da Yang, the industry also has different views.

The clothing industry commentator Lai song once wrote in the analysis article: "Dayang Chuang Chuang this time through capital operation, the clothing main business is completely put out, pformation of the express industry, from the perspective of long-term development of the company is a good thing, but from the perspective of the costumes, I feel a bit helpless and regretful."

In recent years, the textile and garment industry has been affected by the deterioration of the economic environment and the adjustment of its own industrial structure.

The Changjiang Securities Research Report points out that the profit situation of the company has deteriorated year after year by factors such as exchange rate fluctuation, rising factor price cost, and the conversion of trade mode to material processing.

According to the financial report, from 2011 to 2013, Da Yang created three consecutive years of revenue and net profit.

In the 2014 fiscal year, net profit continued to decline, but the margin decreased.

According to the announcement, it is expected that after the completion of the reorganization of Da Yang, the new controller of the company will become a TD express, while the TD express will become its subsidiary.

For some analysts, this is a way out for Da Yang.

Earlier, there were media attention to A share listed companies to spend the winter, put all their resources in the capital market for fixed reorganization.