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Chinese Clothing To Be Renamed New Yang Feng Relocation Site In Jingmen, Hubei

2014/3/27 22:12:00 159

Hubei's capital market has been good for a long time. It is obvious that Optics Valley will be officially listed in Hong Kong on the 28 day. Another company will also appear in the A share market immediately through the way of backdoor. 
 this company is a phosphate fertilizer enterprise from Jingmen, Hubei Xinyang Feng fertilizer industry. Due to the fact that the Chinese clothing of its backdoor was basically completed, Chinese clothing announced yesterday evening. After the reorganization was completed, the company registered to move from Beijing to Hubei < a href= "//www.sjfzxm.com/news/index_c.asp" > Jingmen < /a >. As a result, the number of Listed Companies in Hubei will increase from 84 to 85. 
P > strong > the company will change to /strong > /p
 with the close of the restructuring of Xinyang Feng fertilizer industry, Chinese clothing announced a series of major initiatives yesterday evening. 
 the company said that after the completion of the reorganization, the company's assets and main business will undergo a comprehensive change, and the company will apply to the industrial and commercial department to rename it as "Hubei Xin Yang Feng fat Limited by Share Ltd". 
 Chinese clothing also said that after the completion of the reorganization, it will apply to change the company's domicile from the former "Fengtai District Beijing" to "Hubei Jingmen Dujie District, moon Hubei Road, with No. 7". 
P, not only that, the executives of Chinese clothing will be withdrawn from the company collectively. According to the announcement, the company yesterday received the resignation report of 8 directors, including Chairman Joe Yu. 
 real controller Yang Caixue's body is one billion yuan .
 with the exit of < a href= "//www.sjfzxm.com/news/index_c.asp" > Chinese clothing < /a > the current "executive team", Hubei Xinyang Feng fertilizer industry will begin to move towards the stage. According to the company announcement, it is proposed to nominate 8 Yang Caixue and other candidates as directors of the company. 
 public information shows that Yang Caixue is 50 years old. Due to the completion of assets related to reorganization, it is already the actual controller of the company. At present, the shares of direct and indirect control companies are 53.17%. 
P, not only that, but from Yang's personal shareholding, the shares held directly and indirectly reached 24.56%. According to the company's market value of 5 billion 898 million yuan yesterday, its personal shareholding market value has reached 1 billion 450 million yuan. 
 > a href= "//www.sjfzxm.com/news/index_c.asp" > share price < /a > has risen sharply earlier /p >
 China's clothing backdoor has attracted the attention of the market. After the restructuring plan was released, the company's stock price rose three days, or a cumulative gain of 32.8%. 
 by yesterday's daily income of 9.8 yuan per share, compared to 7.22 yuan per share before restructuring, it still rose more than 30%. 
According to the understanding, the net profit of Xinyang Feng in 2010, 2011 and 2012 was 382 million yuan, 476 million yuan and 371 million yuan respectively, after the completion of P. It is estimated that the net profit will be about 420 million yuan in 2013 and earnings per share will reach 0.67 yuan after the reorganization is completed. 
 for this reason, some analysts believe that if the price earnings ratio of STANLEY and Jin Zhengda of the same industry listed 20 times, the reasonable share price of Chinese clothing is estimated to be between 13 yuan and 15 yuan per share. 
 however, there are also some market participants who suspect that, at the end of the year February 2013, Yang Feng shares will divestiture the phosphate resources which originally belonged to Xin Yang Feng, and only promised to inject into the listed companies in the future.