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    Home > Active Ingredient News > Feed Industry News > PKU high tech will eventually return to Agricultural University, waiting for the injection of high-quality assets

    PKU high tech will eventually return to Agricultural University, waiting for the injection of high-quality assets

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: Peking University High Tech (00000 4 SZ), which has been renamed "Shenzhen China Agricultural University Technology Co., Ltd.", is about to start asset restructuring Fu Zetian, vice president of the Agricultural University of China (hereinafter referred to as "caau") in charge of the university run industry, said, "the current situation is that the time, the place and the people are harmonious." People familiar with the matter told reporters that China Agricultural University will carry out industrial adjustment to PKU after taking over PKU At present, "the plan of asset restructuring is already under way." With the change of the company's name, the pace of assets reorganization of China Agricultural University is expected to accelerate According to insiders of PKU, Chen Zhangliang, President of China Agricultural University, will continue to serve as the chairman of the company, while Fu Zetian, vice president in charge of school run industry, will soon serve as the vice chairman of the company, which is a strong support for PKU's restructuring As early as February 3, through its subsidiary Beijing Zhongnongda Technology Business Incubator Co., Ltd., China Agricultural University pocketed 60% of the equity of Shenzhen Beida hi tech Investment Co., Ltd., the largest shareholder of Peking University hi tech, for 59 million yuan So far, PKU has become the only listed company under the name of Agricultural University of China At the shareholders' meeting on May 20, Fu Zetian said that after years of development, the school run industry of China Agricultural University has a certain foundation In 2004, the school run industry paid over 40 million yuan in profits to the school finance After joining PKU, China Agricultural University will make the university run industry bigger and stronger with the help of PKU, a listed company At the same time, at present, the state and government pay more attention to the "three rural" issues, and the advantageous industries of China Agricultural University are mainly concentrated in agricultural science and technology, which creates favorable conditions for the development of Listed Companies in the future It is understood that at present, there are more than 30 school run enterprises in China Agricultural University, and three major industrial groups have been formed, namely, seed industry (animal, plant), vaccine, feed, fertilizer and other scientific and technological industries for agricultural development supported by modern agriculture and Biotechnology; science and technology industry based on joint Chinese and foreign education, online education, adult education, private education and various types of training combined publishing and distribution Education industry; real estate industry and property management with a large amount of land reserves According to the analysis of the people familiar with the matter, it is likely that the future asset restructuring plan will be to divest the existing assets such as modern biopharmaceuticals and biometrics of PKU, and then inject them into the agricultural related scientific and technological assets of China Agricultural University, so as to transform them into listed agricultural scientific and technological companies In recent years, the business performance of PKU high tech has declined year by year In 2004, the earnings per share was -0.05 yuan In the first quarter of 2005, the company still had no way to get rid of its losses The earnings per share was -0.016 yuan Before that, Jiang Weicheng, vice president and Secretary of the company, also admitted to the media that the company's industrial layout and development were basically stagnant According to an insider of PKU high tech, the company has been focusing on the development of biometric identification technology in the past few years At present, the market share of the company in this field has been in the leading position in China However, due to the limited market size, the profitability is limited If China Agricultural University does not carry out substantive asset restructuring, it is difficult to get out of the dilemma in the short term only by the efforts of PKU hi tech According to the analysis of market participants, Beijing Zhongnongda Technology Business Incubator Co., Ltd only represents the major foreign investment and cooperation of China Agricultural University Many agricultural related technology assets of China Agricultural University are not in the company Therefore, the restructuring of PKU's hi tech assets is likely to be led by the industry management office of PKU, which is responsible for the management, coordination and service of various enterprises At present, China Merchants Shekou Holding Co., Ltd and Shenzhen merchants Petrochemical Co., Ltd also hold 7.406% and 1.057% shares of PKU hi tech respectively, while China Merchants Shekou industrial zone holds 32% shares of Shenzhen PKU hi tech Investment Co., Ltd It is understood that these shares may be transferred in the future, but the offeree has not yet been finalized  
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