A small easy to open the lid, you can also make a lot of money.
As of noon on April 7, the "first share of China's easy to open and cover" Abba Shares has been up and down for three consecutive times. Due to the spread of the epidemic overseas, global residents rushed to grab canned food, and this Shantou family-listed enterprise specializing in metal packaging products such as easy-to-open caps " prepared for" the demand for canned food, and decided to refinance 500 million yuan to add 4 billion pieces of canned easy-to-open cap production capacity.
"Preparing" for canned demand, AB refinancing and expanding production of 4 billion pieces is easy to open the lid
Shantou Abba Shares
As of noon on April 7, the "first share of China's Easy Kaigai" AB shares ushered in the third up-and-down board in several days, with a stock price of 34.61 yuan per share and a total market value of 6.733 billion yuan.
Since January this year, despite the large fluctuations in the A-share market, the stock of the Shantou-based easy-to-open production enterprise is still "not alarming", showing a wave upward trend. Last Thursday, last Friday and the first trading day after the Qingming Festival on Tuesday, there have been three consecutive up and down boards.
It is worth mentioning that on April 3, the company announced the "Dividend Return Plan for Shareholders in the Next Three Years (2020-2022)", which mentioned that "in the case of meeting the capital needs of the company's normal production and operation, if there is no major investment plan or major capital expenditure, the profit distributed by the company in cash each year should not be less than 10% of the profit available for distribution realized in the current year, and the profit accumulated by the company in cash for three consecutive years should not be less than 30% of the annual distributable profit realized in the three years." ”
Determine a reasonable profit distribution plan for a short period of three years, attach importance to the reasonable return on investment to investors, but also take into account the company's sustainable development and sustainable operation capabilities, and maintain the continuity and stability of the company's profit distribution policy, the starting point and foothold are good.
German residents frantically grab canned food
Recently, in view of the spread and uncertainty of the epidemic overseas, many urban residents in Europe, North America and some Latin American countries have not only grabbed toilet paper, hand sanitizer, disinfectant, but also canned food.
For example, the Spanish Association of Canned Seafood Producers (anfaco-cecopesca) said in a previous interview: "The recent surge in orders for canned goods in the European market has stimulated the production of canned products. The factory has entered the peak production season to ensure strict safety and hygiene conditions, and to ensure the maximum possible supply. ”
Supermarkets in many cities, such as London and Germany, have been snapped up and shelves are empty.
AB Chairman Weng Weiwu (1st from left)
Global residents rushed to grab cans, which greatly increased orders for abbey shares, an industry leader that produced easy-to-open lids. Weng Weiwu, chairman of AB, said: "In recent times, with the large-scale outbreak of the epidemic overseas, canned sales in overseas markets have surged, and supermarkets in many places have been basically sold out. We have recently received some new customer inquiries, some from Italy, Russia and other European countries, as well as from Southeast Asia, the number of new customers' intentions is relatively large. ”
On April 3, the non-public offering plan disclosed by AB shares listed on the Shenzhen Stock Exchange, the company plans to increase the number of shares by no more than 58.3603 million shares, and raise 500 million yuan for the renovation and expansion of intelligent production bases and supplementary working capital.
Abba Shares announced that the proposed intelligent production base reconstruction and expansion project, with a total investment of 411 million yuan, intends to use the raised capital of 350 million yuan, will introduce a number of canned easy-to-open lid production lines to meet the rapid growth of downstream market demand in the future.
Under the umbrella of AB, there are four intelligent production bases, namely "Guangdong AB PACKAGING" headquartered in Shantou, "Guangdong Slam Packaging" of the holding subsidiary in Dongguan, "Baorun Metal Products" in Foshan City, and "Shandong Xuyuan Packaging Products", a wholly-owned subsidiary in Weifang City, Shandong Province.
Shantou TV's "Extraordinary Ingenuity" program entered the Abba Shares
AB Has now become a supplier of unilever, Wang Laoji, ORG, Yashili, Jialong shares and other well-known enterprises, producing aluminum foil easy to tear lid, food easy to open lid (can with full open easy lid), beverage easy to open lid and dry powder easy to open lid and other four core products.
The company's headquarters Guangdong Yinglian Packaging Co., Ltd., located in Shantou Haojiang District Majiao Industrial Park, AB Ishigh was listed on the Shenzhen Stock Exchange on February 7, 2017.
Easy to open the lid, is the ordinary people are familiar with but will not pay much attention to the production and manufacturing segments, small products "clean and big". Two years ago, the Shantou TV documentary "Extraordinary Ingenuity" walked into the Abba Inci Society in the Majiao Industrial Park.
According to reports, like canned meat food, it is made by sealing the raw contents of the can, boiling, sterilizing, and then spraying and cooling after a certain period of high temperature. This thermal expansion and contraction process has strict quality requirements for lid pressure resistance, pull ring strength, line engraving design, etc.
As a leading enterprise that has been focusing on the easy-to-open lid segment in the metal packaging industry, AB has increased from one or two hundred pieces to 2500 to 2800 pieces per minute, which is due to intelligent and iterative advanced equipment, which makes the production efficiency continue to improve.
AB production line
Since its listing for three years, AB's performance has continued to grow, and it is one of the national standard-setting units of China's easy-to-open cover, and its products are exported to more than 30 countries and regions. According to disclosed public data, the easy opening of cans has always been the most important product for overseas sales, accounting for as much as 70% of export products.
Abba Shares said in a previous institutional survey that it had begun to increase existing production before the planned 500 million yuan fundraising expansion. It is said that the company has a new can easy-to-open cap production line around December 2019 has been installed in the factory, and commissioning began in March this year, and after April 2020, it will continue to increase the output of canned caps to more than 200 million pieces per month, with a target of about 250 million pieces.
It is predicted that the global consumption of canned lids is about 50 billion pieces, and it is expected that 30% to 40% of the world's orders will be transferred to China for production in the future, and the scale will be about 15 billion pieces to 20 billion pieces. AB also revealed that compared with foreign competitors, the domestic metal easy-to-open the lid offer is 20% to 30% lower.
In addition to increasing the existing production capacity, the expected increase in the potential of the can lid market is even larger. According to the fixed increase plan disclosed on the 3rd of this month, the construction period of the AB shares fundraising project is 18 months, and 4 billion pieces of canned easy-to-open cap production capacity will be added, and the average annual revenue of 548.7325 million yuan and the average annual net profit of 44.9589 million yuan can be achieved during the operation period of the project. The comparison of 21st Century Business Herald found that the expected average annual net profit of AB's stock investment projects was higher than 42.1231 million yuan in 2018.
According to the performance report released by AB On February 28, 2019, it is expected to achieve operating income of 1.17 billion yuan, an increase of 42.91% over the same period of the previous year; the expected operating profit is 97.11 million yuan, an increase of 83.43% year-on-year; the net profit attributable to the shareholders of the listed company is 79.86427 million yuan, an increase of 89.60%; and the basic earnings per share are expected to be 0.41 yuan, an increase of 86.36% over the same period of the previous year.
Heavy family affection, the 6 actual controllers have cousins and aunts
Listing ceremony of AB shares
On February 7, 2017, the Shenzhen Stock Exchange simultaneously held a listing bell ringing ceremony for two companies, namely Guangdong Yinglian Packaging Co., Ltd. (stock code: 002846) listed on the small and medium-sized board and Shenzhen Kangtai Biological Products Co., Ltd. (stock code: 300601) listed on the Growth Enterprise Market.
AB shares issued 30 million shares at an issue price of 8.33 yuan per share, and raised 250 million yuan of new shares. The public offering of A shares has also opened a new chapter for the growth of AB Shares, and the market has also paid attention to the relationship between its six actual controllers, which is a typical Chaoshan listed family business, and the 6 actual controllers are mostly cousins and sisters.
The equity structure is the cornerstone of the corporate governance system, and to some extent, the equity structure relationship of a start-up is also a demonstration of its earliest entrepreneurial form. In the Chaoshan region, many family members, like Abba Shares, appear on the shareholder list.
For example, when Lafang jiahua IPO, there was a phenomenon of "the founder and his 30 relatives and friends group". Among them, in addition to the founder Wu Guiqian's own father, brother, sister, spouse and two daughters, there are nephews, nieces, wives' maternal brothers, maternal nephews, nephews and nephews.
In addition, like the starting hometown chaonan Longtian, the Shenzhen Stock Exchange listed company "Golden Dragon Yu", the same is true, before the IPO, the equity is completely concentrated in the hands of the Zheng family, in addition to the helmsman Zheng Youshui holds most of the equity, his eldest brother Zheng Huijie, the second brother Zheng Meiyin and the third sister-in-law Zheng Fenglan have different degrees of shareholding, the family shareholding accounted for up to 99.13%.
Abbay General Manager Weng Baojia
Only 4 months after the company landed on a share, chairman Weng Weiwu withdrew from the daily management line and gave the general manager a large seat to his cousin Weng Baojia.
On June 6, 2017, AB announced that Mr. Weng Weiwu applied to resign as the general manager of the company and continue to serve as the chairman of the board of directors and the chairman of the strategy committee of the board of directors. At the same time, the company hired Ms. Weng Baojia as the general manager of the company, and Ms. Ke Liwan and Mr. Xia Hongming as the deputy general managers of the company.
Chairman and also the head of the Abba Weng Wai Wu, born in June 1970, his cousin Weng Baojia, is a post-80s, born in August 1980, is now a Hong Kong resident, is one of the other two AB Weng family actual controllers of Weng Weiwei and Weng Weibo's sister, but also a cousin of another actual controller Weng Weijia.
It is worth mentioning that Ms. Ke Liwan, who was newly promoted to deputy general manager of the company, is also one of the actual controllers of AB shares, one year older than Weng Baojia, born in October 1969, and also belongs to the Weng family.
Abba Shares Listing Announcement (Screenshot)
At the time of the listing of AB Shares, the actual controllers of its company were Weng Weiwu, Weng Weiwei, Weng Weijia, Weng Weibo, Cai Peinong and Ke Liwan. According to the prospectus and related information, these six people are the three brothers of the Weng family whose fathers are the three brothers of the Weng family, of which Cai Peinong is the three aunts of Weng Weiwu, Weng Weiwei, Weng Weibo and Ke Liwan of the 6 actual controllers, that is, the spouse and wife of the three brothers of the Weng family of their fathers, that is, the wife of the third uncle of the chairman Weng Weiwu, the mother of the actual controller Weng Weijia and the non-actual controller shareholder Weng Yaojia.
Chairman Weng Weiwu (the second son of Dafang) and another actual controller, Ke Liwan (the spouse of Dafang's eldest son), are uncles and sisters-in-law, and Ke Liwan is the wife of Weng Weiwu's eldest brother, and they are both the big houses of the "three brothers of the Weng family" of their fathers.
Among them, Weng Baojia (the daughter of the second house), who is not the actual controller of the company who is currently the general manager of the Abba Association, and Weng Weiwei (the eldest son of the second house) and Weng Weibo (the second son of the second house), who are also the actual controllers of the company, are all members of the second house family of the three brothers of the Weng family of the father.
The prospectus only discloses that the second house Weng Qingqin is the father of Weng Weiwei and Weng Weibo, the actual controllers of the company, but there is no specific information about Weng Qingqin's eldest brother and third brother.
Weng Weiwu, Chairman of AB Holdings
The Weng family of AB shares, whose ancestral home is Shantou. From July 1992 to May 2004, Weng Weiwu successively served as the manager, sales manager, deputy general manager and general manager of the purchasing department of Shantou Shanzhang Hardware Craft Factory, the general manager of Dongguan Guangcheng Packaging Materials Co., Ltd. from June 2004 to December 2005, the executive director and general manager of Shantou Yinglian Yilagai Co., Ltd. from January 2006 to October 2013, and the chairman of Guangdong Yinglian Packaging Co., Ltd. since November 2013. managing director.
Home and Wanshixing, two generations of a family work together to break out of their own open world. Unity is powerful, and the Chaoshan people are known for their unity in doing business, which is also an advantage, and it has a certain relationship with their unique mutually recognizable interpersonal relationships.
This kind of interpersonal relationship, from the family to the family, the clan relatives, to the hometown, relatives and friends, the power of the group is always greater than the power of the individual.
You know, a harmonious family relationship is a boost to the prosperity of business, and it is also an important guarantee for the growth, growth and lasting inheritance of the enterprise.
Ancestor worship activities at Shantou Weng Clan Hall
The Chaoshan Weng clan in Shantou, Chaozhou, Jieyang and other places, and the Weng clan of Xinhui in Guangdong, as well as the Weng clan in Shunde, Foshan, Huizhou and Meizhou, as well as the Qiongya Weng clan in Hainan Province, are all after the Weng clan of Putian in Fujian.
However, the clan branches of the Chaoshan Weng clan are different. For example, Weng Jun (Zi Tianxu), who was a professor of Chaozhou Fuxue during the Jingde period of Emperor Zhenzong of Song, chose to live in Jieyang Jianshan, the ancestor of the Jianshan Weng clan.
Weng Jun's second brother Weng Jie (字启 Camel) also came to Chaozhou with his brother, and later chose to live in Jieyang Tuopu Pengzhou, that is, the Kaiji ancestor of the Weng clan of Tuopu Pengzhou. In general, the Weng clan in various parts of the Chaoshan region is mostly descendants of the brothers Weng Jun and Weng Jie.
In addition, Weng Jun's fourth brother Weng Jia, who was trained by the official putian County, later moved to Tingzhou and Yongding in Longyan, Fujian Province, to avoid the rebellion of the Wokou, and his descendants moved to Huangtian Village in Meilin, Huilai, YunluoHu village in Puning, and other places, and also moved to Hailufeng, Xingning, Dapu, Wuhua, Meixian and Meilin in Puning, and also multiplied in Chaoshan and other parts of Guangdong.
Weng Jun's brother's father, Weng Xuandu, was a commentator of the Official Dali Temple, later moved to Taiqing of Hongxu Temple, and later moved to Fuqing Qinjiang in Fujian, and his descendants lived in Jiangyin, and were the ancestors of the Weng clan of Qinjiang.
The ancestor of the Eight Min Weng clan is Weng Xuan. During the Tianbao period of the Tang Dynasty, Weng Xuanzhong jiabang jinshi, later moved to Fujian, was sent by the imperial court to Minzhou as an assassin, and then later settled in Fujian Putian Zhuxiaozhuang, that is, the ancestor of the Weng clan into Fujian Kaiji. In other words, the Chaoshan Weng clan is mostly descendants of the grandsons of Weng Xuan.
The ancestral hall is a house dedicated to ancestors, and there are some rare female shrines in Shantou, such as the Weng Family Temple in Pengzhou, Shantou, which enshrines the deity of an aunt surnamed Weng (named Zhenhui), also known as the "Ancestral Ancestral Hall" by his descendants, and there is a door plaque that reads "Filial Piety and Martyrs".
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