Superstar agriculture and animal husbandry to borrow Zhenjing shares to reorganize and list, layout of 7 pig breeding bases, production capacity will reach 2 million head

On the evening of September 23,, Zhenjing announced that it would acquire a 100% stake in Superstar FarmingThis also means that the superstar farming and animal husbandry, which has been established for more than 10 years, is to borrow the shell Zhenjing shares to achieve the listingAfter the completion of the transaction, Zhenjing's controlling shareholder is expected to change to Superstar Group and the actual controller is expected to change to Tang GuangyueALj1, Zhenjing shares to buy 100% of the shares of Superstar FarmingALjon the evening of September 23, Zhenjing shares (603477) issued a restructuring plan and re-listing announcement, the listed company intends to issue shares and cash payment simply combined to buy 100% of the shares of Superstar Agricultural husbandry and animal husbandry Co., Ltd(hereinafter referred to as superstar farming).Securities Times e company reporternot noted that after the completion of the transaction, the number of shares held by superstar group Zhenjing is expected to exceed the total holdings of Bang Group and He Zhenggang, when Zhenjing shares are expected to change to superstar group, the actual controller is expected to change to Tang Guangyu.Data show that the superstar farming was established in 2008, the registered capital of 253 million yuan, this is a pig-based pig-based large-scale livestock and poultry breeding enterprisesAfter more than ten years of development, has now formed a pig breeding industry more complete integrated industrial chain, is a pig, feed, commodity pig production in one of the national key leading enterprises in the agricultural industrializationALj
According to the preliminary estimates of unaudited financial data for 2018, the underlying company's operating income in 2018 was RMB1,117 million, accounting for 180.53 percent of Zhenjing's operating income for the year, exceeding 100%After consultation between the parties to the transaction, the issue price of the transaction was set at 7.47 yuan/share, not less than 90% of the average share price of the stock in the 20 trading days prior to the pricing benchmark date.As of the date of signing of this plan, the assessment of the giant agricultural and pastoral work has not been completed, the estimate and the proposed price has not yet been determined But Zhenjing said the major asset restructuring will be committed to compensation for profits specific matters agreed ALj
　　Influenced by the positive announcement, Zhenjing shares opened on the 24th, data show that Zhenjing shares listed in December 2017 In the first few years of the listing, Zhenjing shares achieved a significant increase in attributable net profit, although the post-listing growth slowdown shows signs Data show that in the year of listing, that is, 2017 Zhenjing shares realized a net profit of 7.02% year-on-year Growth slowed sharply from a year earlier to 46.76 per cent year-on-year In 2018, this year-on-year growth did not continue Data show that in 2018, Zhenjing shares realized a 5.47 percent year-on-year decline in net attributable profit In the first half of this year, attributable net profit realized by Zhenjing shares fell by 13.06 per cent year-on-year ALj
　　Before the completion of the transaction, Zhenjing shares of the main business for high-grade natural leather research and development, manufacturing and sales, with automotive leather, shoe leather, home leather three product lines;　　In this regard, Zhenjing shares believe that through this transaction, listed companies will enrich the type of business, can effectively broaden the source of profits, superstar agriculture and animal husbandry said, through this major asset restructuring, is conducive to the use of the platform of listed companies, make full use of the capital market's resource integration advantages, accelerate development and expansion, enhance comprehensive competitiveness ALj
　　2, superstar agriculture and animal husbandry has completed the layout of 7 pig bases
ALj the two sides of the transaction believe that pork is China's largest meat consumer goods, pig production is related to the national economy and people's livelihood and social stability, for national economic and social development are of great significance Relevant data show that in 2018, China's annual pig output reached 69.382 million, pork production of 54.03 million tons, while the total global pork exports of about 8 million tons, less than 15% of domestic pork production ALj
　　At the same time, Sichuan Province is also a big pig-breeding province, pig out of the column for many years in the forefront of the country, in 2018 Sichuan Province pig out of the column volume of 66.38 million, accounting for about 9.57% of the national pig column (data source: 2018 National Economic and Social Development Statistics Bulletin) Zhenjing shares believe that the regional advantages for the superstar agricultural and animal husbandry feed business, long-term, healthy and sustainable development has laid a good market foundation and development space ALj
　　Zhenjing shares pointed out that, at present, superstar agriculture and animal husbandry has established close cooperation with the world-renowned pig company and pig technology service company, with a genetic breeding genetic engineering, veterinary science, animal nutrition and other professional doctor, master's and other high-quality staff, with invention patents, utility model patents more than 70 In addition, the superstar agriculture and animal husbandry has set up a "seed and material s/ management" of the advanced breeding system, has signed an agreement with the government, completed the layout of 7 pig breeding bases, has been implemented land reserves with more than 100,000 pig farms construction needs ALj
　　In a news release in mid-June, the company has revealed that, in addition to the jianghe ring dragon, high-viewing pig farm has been completed and put into operation, its investment in Zhangzhou, Yibin and other places of modern pig farms have been under construction, after production, superstar group pig production capacity will reach 2 million Source: Beijing Business Journal, Securities Times ALj table.hy-tab (font-size: 12px; margin: 20px 0; width: 100%; border-collapse: collapse; text-align-leave; line-height: 22px; table.hy-tab td (border: 1px solid #000; p: 4px 6px; margin: 0; table.hy-tab td h2, .hy-tab td h4 .margin: 0; p:0adding; table.hy-tab td.tit_bg .background: #d2ee9c; text-align:center; table.hy-tab td.tit_bg1 .background: #f1ffd4; text-align-center; table.hy-tab td p .margin: 6px 0 ; On the evening of September 23rd, Zhenjing announced that it would acquire a 100% stake in Superstar Farming This also means that the superstar farming and animal husbandry, which has been established for more than 10 years, is to borrow the shell Zhenjing shares to achieve the listing After the completion of the transaction, Zhenjing's controlling shareholder is expected to change to Superstar Group and the actual controller is expected to change to Tang Guangyue ALj 1, Zhenjing shares to buy 100% of the shares of Superstar Farming ALj on the evening of September 23, Zhenjing shares (603477) issued a restructuring plan and re-listing announcement, the listed company intends to issue shares and cash payment simply combined to buy 100% of the shares of Superstar Agricultural husbandry and animal husbandry Co., Ltd (hereinafter referred to as superstar farming).　　Securities Times e company reporternot noted that after the completion of the transaction, the number of shares held by superstar group Zhenjing is expected to exceed the total holdings of Bang Group and He Zhenggang, when Zhenjing shares are expected to change to superstar group, the actual controller is expected to change to Tang Guangyu.　　Data show that the superstar farming was established in 2008, the registered capital of 253 million yuan, this is a pig-based pig-based large-scale livestock and poultry breeding enterprises After more than ten years of development, has now formed a pig breeding industry more complete integrated industrial chain, is a pig, feed, commodity pig production in one of the national key leading enterprises in the agricultural industrialization ALj
　　According to the preliminary estimates of unaudited financial data for 2018, the underlying company's operating income in 2018 was RMB1,117 million, accounting for 180.53 percent of Zhenjing's operating income for the year, exceeding 100% After consultation between the parties to the transaction, the issue price of the transaction was set at 7.47 yuan/share, not less than 90% of the average share price of the stock in the 20 trading days prior to the pricing benchmark date.　　As of the date of signing of this plan, the assessment of the giant agricultural and pastoral work has not been completed, the estimate and the proposed price has not yet been determined But Zhenjing said the major asset restructuring will be committed to compensation for profits specific matters agreed ALj
　　Influenced by the positive announcement, Zhenjing shares opened on the 24th, data show that Zhenjing shares listed in December 2017 In the first few years of the listing, Zhenjing shares achieved a significant increase in attributable net profit, although the post-listing growth slowdown shows signs Data show that in the year of listing, that is, 2017 Zhenjing shares realized a net profit of 7.02% year-on-year Growth slowed sharply from a year earlier to 46.76 per cent year-on-year In 2018, this year-on-year growth did not continue Data show that in 2018, Zhenjing shares realized a 5.47 percent year-on-year decline in net attributable profit In the first half of this year, attributable net profit realized by Zhenjing shares fell by 13.06 per cent year-on-year ALj
　　Before the completion of the transaction, Zhenjing shares of the main business for high-grade natural leather research and development, manufacturing and sales, with automotive leather, shoe leather, home leather three product lines;　　In this regard, Zhenjing shares believe that through this transaction, listed companies will enrich the type of business, can effectively broaden the source of profits, superstar agriculture and animal husbandry said, through this major asset restructuring, is conducive to the use of the platform of listed companies, make full use of the capital market's resource integration advantages, accelerate development and expansion, enhance comprehensive competitiveness ALj
　　2, superstar agriculture and animal husbandry has completed the layout of 7 pig bases
ALj the two sides of the transaction believe that pork is China's largest meat consumer goods, pig production is related to the national economy and people's livelihood and social stability, for national economic and social development are of great significance Relevant data show that in 2018, China's annual pig output reached 69.382 million, pork production of 54.03 million tons, while the total global pork exports of about 8 million tons, less than 15% of domestic pork production ALj
　　At the same time, Sichuan Province is also a big pig-breeding province, pig out of the column for many years in the forefront of the country, in 2018 Sichuan Province pig out of the column volume of 66.38 million, accounting for about 9.57% of the national pig column (data source: 2018 National Economic and Social Development Statistics Bulletin) Zhenjing shares believe that the regional advantages for the superstar agricultural and animal husbandry feed business, long-term, healthy and sustainable development has laid a good market foundation and development space ALj
　　Zhenjing shares pointed out that, at present, superstar agriculture and animal husbandry has established close cooperation with the world-renowned pig company and pig technology service company, with a genetic breeding genetic engineering, veterinary science, animal nutrition and other professional doctor, master's and other high-quality staff, with invention patents, utility model patents more than 70 In addition, the superstar agriculture and animal husbandry has set up a "seed and material s/ management" of the advanced breeding system, has signed an agreement with the government, completed the layout of 7 pig breeding bases, has been implemented land reserves with more than 100,000 pig farms construction needs ALj
　　In a news release in mid-June, the company has revealed that, in addition to the jianghe ring dragon, high-viewing pig farm has been completed and put into operation, its investment in Zhangzhou, Yibin and other places of modern pig farms have been under construction, after production, superstar group pig production capacity will reach 2 million Source: Beijing Business Daily, Securities Times ALj