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    Home > Active Ingredient News > Feed Industry News > Accident!? If the confession is unsuccessful, Jin Xinnong and the twins are still flying alone

    Accident!? If the confession is unsuccessful, Jin Xinnong and the twins are still flying alone

    • Last Update: 2018-06-04
    • Source: Internet
    • Author: User
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    suspended trading for 10 working days, after the resumption of trading once fell 7%
    JinXinNon on May 18 before the suspension, the day rose 2.56 percent, closing at 8.82 yuan, the highest rose to 8.94 yuan, after the resumption of trading on June 4, opened at 8.65 yuan, once down to 8
    10 yuan, a decline of more than 7%, this should be with the announcement of cooperation with the twins did not agree on a certain relationship, but also not necessarily Jinxin nong will be depressed, because Jinxin nong's also has Wuhan Tianseed, Fujian Yichun and other excellent pig breeding companies, the source solved, to build the entire industrial chain is sooner or later things

    1.9 billion, 29.9% of the shares, the two sides want to open the door to cooperation .  On June 4, Jinxinnon announced that the Company received a notice from the company's controlling shareholder, Cheng Nongyuan, on June 1, 2018, after full consultation and communication between the two parties to the transaction, the transfer of the controlling interest ultimately failed to reach an agreement, and the two sides signed the Lifting Agreement through friendly consultations

    in other words, on May 21st, the "twins spent $1.9 billion to buy 29.9% share of Jinxin non-farmers" thing broke up!
    www.feedtrade.com.cn/news/review/2018-05-22/2031065.html
    the purpose of cooperation between the two sides triggered major media speculation May 21, on this special day, the twins said: "I have money, you (Jin Xinnong) have the right, we strong joint, for the pig industry to carry forward a big cause!" The two sides then spent half a month negotiating to move the matter forward
    This news is absolutely counted as a big event in the livestock industry, if you promote this again, the two sides are even more icing on the cake! So the news out, all the media, industry commentators and so on, are analyzing and guessing the purpose of cooperation between the two sides

    Due to market and commercial conditions, the two sides talk about collapse, the transaction lifted but it seems that the two sides of the ten days of "love run-in period" did not go well, this is not June 4 Jinxinnon issued the "release agreement" announcement, the two sides "talk about collapse", a shot of two scattered, each over it! also said that the two sides on the specific transaction plan to conduct in-depth discussion, demonstration, negotiation and consultation, but ultimately the two parties to the transaction due to market and commercial conditions, the two parties were unable to agree on the transaction, so the controlling shareholders decided to terminate the planning of the transaction
    Before
    we all analyze the cooperation between the two sides is neither the demand for production, nor the demand of technology and talent, more inclined to pig breeding cooperation or shell market demand, in the face of 688 million head of pig market, indeed a lot of powerful large enterprises are grabbing land, expand the scale, there are a number of alleged current lying in the three provinces and Inner Mongolia layout of pig pig scale, add up to 100 million head, and the future pig market is a hot cake for the major groups It is not difficult to see from their target for future pig farming, such as The Wen group and Zhengbang Group have said that they will lay out 50 million pigs in the future, Dabei Farmers said to move towards the 60 million pig-breeding target, New Hope VI and Tianbang proposed 30 million targets, and the target of breeding with eagles, Baodi and twins 10 million .  Specific cooperation between the two sides did not cooperate the reason small editor also did not bother, since this cake is placed here, we have to make out the whole body number, see who grab more, who is the future overlord! this matter, as an industry integration process of a small wave! .
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