China’s economic network, beijing, 9 march, today, the east sunshine section (600673), has lost its share of 8. 87 yuan/share, and its share price has fallen by 6. 73 per cent. East sunshine coinRestructuringThe meeting stopped on 1 march and, on 7 march, the commission on merger and reorganization issued a letter suspending the review of the application programme for the purchase of shares in the east sunshine section, which involved verification of major matters. East sunshine reset on 9 march。
On 7 march, an announcement was issued on the csrc website that the 12th meeting of the m & as reorganization review board in 2018 had been scheduled to review the programmes of invik science and technology inc. In shenzhen city and sunshine technology holdings ltd. In guangdong. During the publicity of the meeting, as guangdong sunshine technology holdings ltd. Was involved in verification of major matters, and in accordance with the relevant provisions of the regulations of the commission for review and review of mergers and reorganizations of companies at the china censorship court, our ministry decided to suspend the submission of the application for the purchase of shares by guangdong sunshine technology holdings ltd. To the commission for review of the purchase of assets, pending clarification of the matter, and to decide whether to resume the review as appropriate。
According to the data, the main operation of the east sunshine section is the advanced processing of aluminium, the production of chemical products, the manufacture of electronic materials and metaware. On 16 february 2017, the east sunshine section issued a communiqué stating that it was proposed to purchase 50. 04 per cent of the shares of a pharmaceutical company at a cost of approximately 3,221 million yuan, that is to say, it was intended to advance to the pharmaceutical industry. According to the bulletin, the east sunshine section intends to purchase 2. 2. 2 million shares of the east sunshine medicine held by it from the yichang sunshine medicines industry, accounting for 50. 04 per cent of the total east sunshine medicine shares at a trade price of rmb 3,221 million. When the deal is completed, the east sunshine medicine will become the holding subsidiary of east sunshine。
This acquisition is a related transaction. This reorganization of east sunshine's trading rivals and targets are the company's real-employer, zhang china, and mr. And mrs. Guo melan. Among them, the east sunshine drug was on the market by the end of 2015. The media believe that behind this reorganization is the consolidation of controls and the consolidation of asset structures, while east sunshine's “premium” is a “good price” for “good material”。
In the most recent acquisition reorganization report, the profit forecast compensation period was adjusted to 2018, 2019 and 2020, and the net profits of companies that had committed to the ii-changdong sun medicines industry in 2018, 2019 and 2020 were adjusted to not less than $577 million, $653 million and $689 million, respectively. The previous draft reorganization disclosed that the net profits of the companies promised by the changdong sun medicines industry in 2017, 2018 and 2019 were no less than $480 million, $575 million and $652 million, respectively。
However, the performance commitments of the restructuring were challenged by the market. According to the data, the net profits of the yichangtung sun medicines industry were only $266 million in 2015 and $296 million in 2016。
According to the chinese operating press, the reorganisation of the yichang sunshine pharmaceuticals industry once discharged water from the white water river. In december 2016, residents of the local building, river village, informed the central environmental inspectorate that “the sewage from the east sunshine pharmaceutical plant is drained to the white water river through a secret tube, which is on the side of the new china road”
In response, the imea survey concluded that after treatment, the plant was “discharged into the white water river at a distance of 3 km from the plant and eventually into the yangtze”. In april 2017, chinese newspaper reporters in the white water river entered the estuary of the river and observed a continuous flow of waste water from the east sun drain into the river and a white bubble piled up on the water below the vent。
A nearby villager told the journalist that the vent had been drained for approximately seven or eight years and that the amount of wastewater discharged at night was greater, as was the smell of stinging noses。
