Cross -border M & A failed -Hongbo shares stock price "one word" on the 2nd

After the announcement of the termination of cross -border reorganization, Hongbo (002229) on the 2nd, the stock price opened its daily limit and closed at 7.13 yuan/share. The net outflow of the main funds was 11.77 million yuan.

Integrated mergers and acquisitions to improve performance

Hongbo Co., Ltd. is mainly engaged in security printing, lottery new channel services, book printing and high -end packaging printing. In 2021, the company realized revenue of 574 million yuan, an increase of 21.23%year -on -year, and net profit was 09 million yuan, a decrease of 64%year -on -year; the loss of non -net profit was 10 million yuan, which was negative for four consecutive years.

In order to boost performance, on February 15 this year, Hongbo disclosed a plan for the purchase of major assets and intends to purchase 51%of the Guangzhou Science Stocks held by Baole Co., Ltd. in the way of paying cash. After the transaction is completed, Guangzhou Science will become the holding subsidiary of Hongbo Co., Ltd., and it is expected that 51%of the Guangzhou Science Science shares will not exceed 357 million yuan.

Although financial data shows that in 2021, the net profit of Guangzhou's science revenue fell, and the loss was about 49.9127 million yuan. However, the transaction opponent Baole shares still made the three-year profit of 2022-2024, which was not less than 30 million yuan, 50 million yuan, and 70 million yuan in performance commitments.

Hongbo shares said that after the acquisition is completed, the listed company will add the research and development, production and sales of domestic intelligent cleaning service robots, and will use the advantages of the funds and management of listed companies to improve the research and development of smart cleaning service robots. Investment and accelerate the development of new technologies and new products.

As soon as the news came out, on February 16th, the company opened the daily limit, and the daily limit board was closed throughout the day, closing at 7.04 yuan/share. The Shenzhen Stock Exchange immediately issued a letter of attention to the company, asking the company to explain the relevant background and reasons for the formation of non -operating funds in Guangzhou Science and Technology controlling shareholders, and supplement the explanation of specific measures to avoid funds occupying in the future.

The stock price before and after the termination of the reorganization

On July 15th, Hongbo issued a preview of performance trailers. It is expected that from January to June 2022 to 34.99 million yuan to 43.64 million yuan, a decrease of 291.2%to 338.47%from the same period last year. The company said that the performance loss was mainly due to the dual influence of the epidemic and market competition during the reporting period, and the order volume decreased; at the same time, due to the reduction in the price of some products and the increase in cost growth, the gross profit margin period for this reporting period decreased.

It is worth noting that the company stated in the response to the Shenzhen Stock Exchange's annual report in early July this year that it will adhere to the main business of the lottery, cut into emerging industries through industrial integration, investment, mergers and acquisitions, etc. Operating performance, but only the word of the acquisition and future business planning of Guangzhou Sciences is not mentioned. The cross -border acquisition plan was announced after half a year.

On the 2nd, Hongbo Co., Ltd. announced that due to the new crown epidemic, the progress of the work of the transaction was not as expected. Combined with the current market environment, the company decided to terminate the major asset reorganization matters.

Along with the news of the termination of the reorganization, Hongbo shares fell on the 2nd and closed at 7.13 yuan/share. And the previous day, the company's stock closed at the daily limit, reaching 7.92 yuan/share. Reporter Zhu Rong

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