2015-05-25 14:17

 

Exit non core business from Dong'e County of Liaocheng pharmaceutical Equity Cash Transfer

 

CNDSN may 25 news, China Securities Journal according to the announcement of the China Beijing Equity Exchange, the stake in Shandong Liaocheng Ahua Pharmaceutical Co., Ltd. 47.294% is listed transactions, a total of 4825 million yuan price listing, the transferor for donkey hide gelatin. According to the development of blood nourishing, health care, business strategy, Dong'e E-Jiao will gradually realize the non core business exit.

Transfer Liaocheng pharmaceutical stake

Statistics show that Liaocheng Shandong A Hua Pharmaceutical Co., Ltd. was established in 1998, the registered capital of 31660000 yuan, the operating range of pharmaceutical accessories production and sales, etc.. Yu Chang Investment Holdings Limited holds 50% stake, Dong'e E-Jiao Limited by Share Ltd holds a 47.294% stake. The transfer is completed, Dong'e E-Jiao will no longer hold targets equity.

2014 annual Liaocheng pharmaceutical achieved operating income of 59705100 yuan, net profit of 938400 yuan. 2015 first quarter, operating income of 15493100 yuan, net profit of 538400 yuan. Liaocheng pharmaceutical assets totaled 73657900 yuan, total liabilities of 6267400 yuan, the owner's equity of 67390600 yuan. After the assessment, net assets of 102000000 yuan. The corresponding assessment value of the assignment is 48238700 yuan.

The request for transfer, the intention of the transferee should be within the territory of the people's Republic of China established in accordance with the law and validly existing domestic corporate, have a good financial situation, the year 2014 the audited net assets of not less than 200 million yuan; project does not accept joint transferee.

It is understood that Liaocheng major pharmaceutical production of microcrystalline cellulose, carboxyl methyl starch sodium, stearic acid magnesium, film coating pre mixed agents, pre gelatinized starch, dextrin, medicinal starch, hydroxypropyl cellulose, hydroxypropyl methyl cellulose, methyl cellulose, ethyl cellulose, carboxymethyl cellulose sodium, silica and other series products.

Quit the main industry

As early as March 19, donkey hide gelatin announcement said, according to Dong Ejiao focusing blood, nourishing, health care business development strategy, intends to dispose of Liaocheng pharmaceutical equity, to withdraw from the non core business strategy.

Donkey hide gelatin believes that the transaction if successfully completed, will form a certain investment income, have a certain impact on earnings for the year 2015. More important is, through the transaction, to withdraw from the non core business, adjust and optimize the industrial structure of the company, will further focus on enriching the blood, nourishing, health care services, conducive to the industry sustained and healthy development of the.

From the point of view of the performance, the donkey hide gelatin a quarter year-on-year revenue growth 51.29%, net profit grew 23.16%, mainly products Ejiao sharply last year, a result of price increases. The industry believes that the first quarter of the company started well, with the product price after sales continue to resume, is expected in 2015 the main industry is expected to grow more than 20% of the main industry.

At present, Dong'e has formed a gelatin, gelatin, ginseng antler tonic health care product line. According to the development strategy planning, the company will focus on the strategic direction of "enriching the blood, nourishing, health care", by the blood market to nourishing health care, health market expansion.

April 28, donkey hide gelatin announcement, plans to its own funds investment 29.89 million yuan, born in biotechnology Foods Co., Ltd., Taiwan first biochemical health and love the taste of health biotech Food Co., Ltd., a joint venture Dongrun hall healthy Biotechnology Co., Ltd.; and plan of its own funds to investment 25.5 million yuan, is a joint venture with the two companies set up Dongrun Tang International Trading Co., Ltd..

The company said, will help to love the taste of health students technical Food Co., Ltd. and Taiwan first biochemical health students technical Food Co., Ltd. in health drinks experience involved in the field of health drinks, the investment will help supplement improve the product structure, develop new business areas. Industry believes that interventional health care market, will help the company develop new business, expand new growth space. 3

Editor: Little Shen