Take advantage of Qingdao beer on the stock market Baotu Spring beer landed in capital market
source: Volkswagen - Qilu Evening News reporter Wang Yuchen
Ji'nan March 2nd news Tsingtao Brewery Limited by Share Ltd announced in March 2nd, the company and its controlling shareholders, Tsingtao Brewery Group Co., Ltd. The equity transfer agreement was signed in March 1, 2010. Under the agreement, Tsingtao Brewery will receive a 100% stake in the Tsingtao Brewery (Ji'nan) Baotu Spring Sales Co., Ltd. held by Tsing beer group at a price of 174 million 160 thousand yuan. Through property rights trading, Tsingtao Beer drops from left hand to right hand. After the transaction is completed, all the assets of Baotu Spring beer will be injected into Tsingtao Brewery, which is also listed in the mainland and Hongkong, and will formally enter the capital market.
in January 2010, Tsing beer group held its 100% stake in Baotu Spring beer through the Qingdao property exchange for 174 million 160 thousand yuan, nearly 80 million lower than the purchase price of 250 million yuan from the Lu merchant group half a year ago. Although there was an insider at the time, it was a trade in Tsingtao group's internal integration. However, the action of Qingdao Beer Group has aroused many speculation and worries about the future of beer.
because Tsingtao Brewery is the only intentional assignee conformed to the term of listing within the period of the Baotu Spring beer listing, the stake of 100% is purchased by Tsingtao Brewery for the listing price. Nearly 2 months later, when Tsingtao Brewery officially announced the ownership of the Baotu Spring beer, the internal integration of the beer group was finally settled.
after the completion of the assignee, Tsingtao Brewery said the sales network of Baotu Spring beer will benefit Tsingtao Brewery's business operation and the integrated management and planning of the beer market in the Ji'nan region. Tsingtao Brewery also revealed that the company will further develop the beer market in Ji'nan, and build Ji'nan into the core market of the company through long-term development.