Blue Whale News reporter was concerned that on the evening of May 14, Guolian Securities (601456Freespinsonsignupnodeposit.SH) disclose the major asset restructuring plan and issue a resumption announcement. Guolian Securities plans to issue A shares to purchase 100% shares of Minsheng Securities Co., Ltd., and raise no more than 2 billion yuan (including capital) supporting funds. Shares of Guolian Securities will resume trading tomorrow, that is, May 15.
Specifically, Guolian Securities plans to issue A shares to buy 100% shares of Minsheng Securities held by 46 subjects, including Guolian Group and Shanghai Lianquanyu Enterprise Management Co., Ltd. After consultation by all parties to the transaction, the issue price of the restructured shares is the average trading price of A-shares for 120 trading days before the pricing benchmark, that is, 11.31 yuan per share.
Guolian Securities plans to issue A-shares to no more than 35 specific investors to raise matching funds. The total amount of matching funds raised this time shall not exceed 2 billion yuan (including capital), and the number of A-shares issued shall not exceed 250 million shares (including capital), the final limit shall be the amount of funds raised and the number of shares issued as examined and approved by the Shanghai Stock Exchange and registered by the CSRC.
"after deducting intermediary fees and transaction taxes and fees, the supporting funds raised in this transaction are intended to be used for the development of Minsheng securities business." Guolian Securities said.
The reporter is concerned that public information shows that a number of listed companies such as Sophia (002572.SZ), time Publishing (600551.SH), Beijing Lear (002392.SZ), Zhang Jiang Hi-Tech (600895.SH), Shanghai Port Group (600018.SH), Mass Transit (600611.SH), Shandong Guoxin (1697.HK), Oriental Entrepreneurship (600278.SH), 603587.SH and other listed companies hold shares in Minsheng Securities.
This evening, some shareholders have disclosed the relevant announcement. For example, time Publishing said that on 14 May, the company signed a "Framework Agreement on issuing shares to purchase assets" with Guolian Securities, in which the company plans to sell its 73.4754 million shares of Minsheng Securities to Guolian Securities. And use these shares to subscribe for the newly issued A shares of Guolian Securities.
Sophia announced that Guangzhou Sophia Investment Co., Ltd., a wholly-owned subsidiary, intends to sell 294 million shares of Minsheng Securities to Guolian Securities and subscribe for the newly issued A shares of Guolian Securities with the underlying assets. Sofia Investment has signed a "Framework Agreement on issuing shares to purchase assets" with Guolian Securities.
At present, the focus of financial supply-side reform has changed from the expansion increment in the past to the optimal stock and control increment. The industry predicts that through the joint action of policy guidance and market promotion, the liquidation of existing financial resources, such as merger, reorganization, and bankruptcy, may become the norm, and a new round of integration and optimization of financial resources will begin. To this end, the capital market gives full play toFreespinsonsignupnodepositIt plays a pivotal role. The merger and reorganization of Guolian Securities and Minsheng Securities is a typical case.
Guolian Securities said that the transaction is conducive to the implementation of the integrated development strategy of the Yangtze River Delta. Through this transaction, Wuxi and Shanghai will be integrated into a platform for coordinated development. Secondly, it will help the company to develop by leaps and bounds. It can also give full play to the synergy between the company and Minsheng Securities to achieve complementary advantages.
Generally speaking, League of Nations Securities and Minsheng Securities have strong business advantage complementarity and regional advantage complementarity. In terms of business advantages, Minsheng Securities' investment banking business strength is outstanding, and it also has strong advantages in institutional research and sales business, equity investment business and other fields. Guolian Securities has characteristics and advantages in wealth management, fund investment, asset securitization and derivatives business. From the perspective of regional advantages, Minsheng securities branch network mainly covers Henan area and has strong market influence in Henan region, while Guolian Securities has strong market influence and high market share in Wuxi and southern Jiangsu. After the business integration of the two securities firms in the future, they will further strengthen their respective business and regional advantages, achieve strategic coordination, and significantly enhance the overall market competitiveness.
The capital strength of Guolian Securities and Minsheng Securities is similar, but there are still some limitations in the business access of financial institutions, business qualification application, industry classification evaluation and so on. This transaction will promote the optimization and integration of the business channels, customer resources and product services of the two securities firms, and complement each other in their strong and weak business. while enhancing the comprehensive capital strength, it will give full play to the scale effect, reduce the operating cost and improve the operation efficiency. to achieve capital-intensive development.
(article source: blue Whale Finance)
