The Escalation Of Ownership Competition In China Hundred Group

< p > 18 days, < a href= "//www.sjfzxm.com/news/index_c.asp" > ZHONG Bai group < /a > the largest shareholder of Wuhan Business Union (Group) Limited by Share Ltd (hereinafter referred to as Wu Shang Lian) and the third largest shareholder Yonghui supermarket also announced the increase of shares.

After the increase, Yonghui supermarket has a shareholding of 15%, which is only about 5% different from that of the major shareholder, and directly threatens the holding position of Wu Shang Lian.

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< p > < strong > Yonghui < a href= > //www.sjfzxm.com/news/index_c.asp > > 100 < /a > has not yet approached /strong > /p >

< p > Yonghui supermarket announced on the 19 day that as of April 18th, Yonghui supermarket and its wholly owned subsidiary, Chongqing Yonghui Supermarket Co., Ltd. bought a total of 102 million shares of China 100 group through the centralized trading system of Shenzhen Stock Exchange, accounting for 15% of the total share capital of China 100 group.

Yonghui also pointed out that in the next 12 months, it did not rule out the possibility of increasing holdings of China 100 group.

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< p > it is worth noting that on the 19 day, the China 100 group issued a notice at the same time, saying that the Wu Shang Lian also increased its holdings.

It is reported that as of April 17, 2014, Wu Shang Lian and its affiliate Wuhan Hua Han Cci Capital Ltd jointly held a total of 136 million shares of China 100 group, accounting for 20.01% of the total share capital of China 100 group.

Among them, Wu Shang Lian holds 18.07% of the capital of China 100 group.

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< p > in fact, in the past year, Wu Shang Lian has increased its holdings by about 7.9% of the 100 group.

The annual report released by Zhong Bai group showed that as at the end of 2013, the Wuhan Business Association and the related party Hua Han investment jointly held 19.38% of the China 100 group, which was the largest shareholder of China 100 group.

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Corresponding to P, from November to February this year, Yonghui supermarket and its wholly-owned subsidiary have bought hundreds of shares in the two tier market and touched the red line of the placards several times.

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< p > it is reported that at the annual shareholders' meeting of Yonghui supermarket, Zhang Xuansong, chairman of the board of directors, said in response to investors that the purpose of increasing the number of China group is to invest in the compatibility with industry mergers and acquisitions.

He pointed out whether cooperation between the two sides is still unknown, but the outcome of cooperation should be win-win.

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< p > Zhang Jingyi, director of Yonghui supermarket, told reporters that the reason for the increase is still the same as before, which is based on the recognition of Zhong Bai group's business value.

As to whether the holding group will be held in the future, it did not give a definite answer.

Zhang Jingyi said that at present, there is no connection between Yonghui and the hundred sides. Therefore, there is no so-called cooperation at present, but it does not rule out future cooperation.

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< p > in fact, after Yonghui supermarket bought the China 100 group in November 2013, the topic of strategic cooperation between the two companies once triggered the discussion of the market.

It is understood that Yonghui supermarket did not set up a store in the Hubei market, which was rooted in Zhong Bai group.

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< p > < strong > < a > href= > //www.sjfzxm.com/news/index_c.asp > > Yonghui < /a > > 100 two shareholders > /strong > /p >

< p > the latest annual report released by Zhong Bai group shows that the company achieved operating income of 16 billion 480 million yuan in 2013, an increase of 4.93% over the same period last year, achieving a net profit of 171 million yuan attributable to shareholders of listed companies, down 16.72% from the same period last year.

In the industry, such performance seems not very beautiful.

So, what is the value of the central hundred group in the view of the two sides? < /p >

< p > a research report points out that the value of the Zhong Bai group is coming back at once, and its channel value is seriously underestimated by the two level market, which is an important reason for its frequent industrial capital concern.

According to the latest annual report, in Hubei and other places of Shenzhen group, Shenzhen group, the total number of chain stores reached 1016, of which 264 were warehouses and supermarkets, 698 were convenience supermarkets, 9 were department stores, and 45 were electrical appliance stores.

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< p > according to the 2013 annual report released by China 100, the second largest shareholder of China group, Xinguang Holding Group Co., Ltd. owns 11.38% of China 100 group.

Yesterday, Zhang Jingyi told reporters that after overweight, Yonghui supermarket has become the second largest shareholder of China hundred group.

It is worth noting that once Yonghui supermarket successfully persuaded shinguang holdings, the two will directly threaten the position of Wuhan state capital in the controlling shareholder of China 100 group.

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< p > obviously, Yonghui's continuous holdings have brought pressure to Wuhan's state-owned assets.

It is pointed out that the increase in state assets in Wuhan may be a response to the incident.

However, some industry sources told reporters that because of the only small increase in the Wu Shang alliance, the intention is still vague.

"At the same time, it is unclear whether it is artificial or coincidental, and communication between Wu Shang Lian and Yonghui is possible."

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< p > the actual control of Wu Shang Lian is the Wuhan state owned assets supervision and Administration Commission.

A person who declined to be named told reporters that under the background of the reform of state-owned enterprises, the possibility of Yonghui's further participation in the reform of China 100 group will not be ruled out.

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