The listing of 7.41% equity of Guodu Securities has been postponed, what is the "barbarian" Zheshang Securities hesitating?

Spy on the financial scientist

2024-05-16 19:00Posted in Sichuan real estate creators

来源：密探财经（ID：Spy Finance）

Just now, according to the Beijing Equity Exchange, the bundled sale of about 7.41% of Guodu Securities' shares was supposed to end yesterday, but now the listing period has been extended by another week.

This bundled equity sale will be listed as early as the end of 2023. Until yesterday, it was surprising that no one cared.

It is reported that this bundled equity is actually 2 shares, both of which are subsidiaries of the "Tongfang Department", that is, Jiarong Investment holds 1.4642% of the equity of Guodu Securities and 5.9517% of the equity held by Tongfang Venture Capital, respectively, and the transfer reserve price is 224 million yuan and 911 million yuan respectively, totaling 1.135 billion yuan, and the floor price per share is 2.625 yuan.

In fact, the sale of Guodu Securities' bundled equity is not the first time it is pleasing to the eye. When it was first listed, the external period was less than 1 month, and now half a year has passed, so it can be seen that there are very few people who want to take over.

On May 11, Zheshang Securities made it clear that it would concentrate on eating the above 7.41% equity, and its board of directors and board of supervisors have agreed to bid.

Why did Zheshang Securities delay yesterday (May 15)? Could it be that Zheshang Securities is deliberately observing whether it will kill a "Cheng Biting Gold" halfway to compete with it? The problem is that no one has been filming for so long.

After this postponement, the above-mentioned 7.41% equity of Guodu Securities is still the same as the previous external quotation, which is 1.135 billion yuan. Judging from the announcement of Zheshang Securities, it should be submitted to the shareholders' congress for deliberation and approval.

On May 7, Zheshang Securities also disclosed that its participation in the auction of Guohua Energy's 7.69% stake in Guodu Securities had also been approved by the board of directors. The equity was quoted at 1.009 billion yuan, about 2.23 yuan per share, and the listing period ended on May 23, one day later than the aforementioned 7.41% equity.

At present, Zheshang Securities has acquired a total of 19.145% of the shares of Guodu Securities of Chongqing Trust and other four companies, and won the position of the largest shareholder, with a cost price of 2.672 yuan per share, which is higher than the cost price per share of Guodu Securities listed for sale, which is a cost-effective transaction from the perspective of integration and cost.

That is to say, Zheshang Securities wants to eat more than 15% of Guodu Securities, which will cost 2.1 billion yuan, but for it, money should not be a problem. After the concentrated eating, it will take more than 34% of the shares, and the shareholding ratio far exceeds that of any other single shareholder, but it still needs to work hard to control it absolutely.

The strange thing is that Zheshang Securities actually closed down yesterday, and it fell nearly 3% today. From the perspective of performance, in 2023, Zheshang Securities will achieve revenue of 17.638 billion yuan, a year-on-year increase of 4.9%; The net profit attributable to the parent company was 1.754 billion yuan, a year-on-year increase of 6.01%.

However, in the first quarter of this year, Zheshang Securities suffered a "double decline" in performance, with revenue falling by 21.26% year-on-year to 3.88 billion yuan, and net profit attributable to the parent company falling by 8.31% year-on-year to 447 million yuan.

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