After four weeks of trading suspension,The restructuring plans of three listed companies under Bailian seabet live casino website have made breakthrough progress。Days ago,The restructuring plan was unexpected by the market,"Contrary to market expectations of building two listing platforms beyond rumors"。Announcement,Preparing for merger and acquisition,Stocks will continue to be suspended。
The restructuring of Bailian seabet live casino website and Youyi seabet live casino website, which has attracted much market attention, has a preliminary plan。Bailian seabet live casino website and Youyi seabet live casino website simultaneously issued announcements last Sunday,Bailian Group is planning the reorganization of Shanghai Friendship Group Co., Ltd. and Shanghai Bailian Group Co., Ltd. involving mergers and acquisitions,However,Related plans for reorganization are still under review,The company’s stocks will continue to be suspended。
This reorganization plan of absorption and merger is unexpected。Previously,External analysis believes,Bailian Co., Ltd. will absorb the assets of 5 department stores and 2 shopping malls from Youyi Co., Ltd.,Youyi seabet live casino website may be positioned as a supermarket asset integration platform,Paves the way for Lianhua Supermarket to return to A seabet live casino website in the future。But the current reorganization direction of absorption and merger,"It goes against the previous market expectations that Bailian Group will build two listing platforms for department stores and supermarkets"。
The brief announcement last Sunday only stated that the two companies would merge by absorption,It was not disclosed that Bailian seabet live casino website eventually absorbed and merged with Youyi seabet live casino website,Is it still the merger of Youyi seabet live casino website and Bailian seabet live casino website。
According to the announcements of two listed companies,Trading suspension period,The company will issue an announcement on the progress of matters once a week,Trading will be resumed after relevant matters are determined。
Analysis by industry insiders,The friendship seabet live casino website involved in the reorganization plan are A、B-share listed company,At the same time, private enterprise Shanghai Fosun is the second largest shareholder of Youyi seabet live casino website,In addition, Lianhua Supermarket is an H-share company listed in Hong Kong,Therefore,The final plan must not only balance Bailian seabet live casino website、Shareholders’ interests of Youyi seabet live casino website,We must also balance the inclusion of the major shareholder Bailian seabet live casino website,The relationship between the actual controller Shanghai State-owned Assets Supervision and Administration Commission and Yuyuan Mall, another major actual controlling shareholder of Youyi seabet live casino website,We will also encounter many policy restrictions and technical difficulties,It is difficult to introduce it in a short time.
Relevant industry insiders said that formulating a restructuring plan is not the most difficult,The most difficult thing is after the plan is introduced,Whether it can be recognized by relevant parties,Communication is more difficult than formulating a reorganization plan,So the plan demonstration will definitely take some time. It is reported that,The investment director of a fund company in Beijing with heavy positions in Bailian seabet live casino website and Youyi seabet live casino website told the media,"If the reorganization plan is unreasonable, it must be rejected."
Previously,The outside world generally believes that,This integration will be based on the principle of "merging similar items",Solving the problem of horizontal competition among Bailian’s listed companies。Youyi’s two shopping malls, Bailian West Suburb Shopping Center and Youyi Southern Mall, as well as department stores such as Hongqiao Youyi,will be injected into Bailian seabet live casino website;Bailian Group may inject certain assets into Youyi seabet live casino website。Also,If approved by the China Securities Regulatory Commission,Youyi B seabet live casino website may become the first pilot company to return to A seabet live casino website。