The people's Pharmacy has been re -pushed by Morgan Stanley to push the institution's attention to continued to rise again

15AUG

Our reporter He Wenying "Get Damo's recommendation, what are the highlights of the company's growth?" On August 12, some shareholders paid attention to the company's recently obtained well -known research institution Morgan in the recent recently won the well -known research institution Morgan. Stanley's push. It is reported that this is the second time Morgan Stanley has expressed its optimism with the people. Morgan Stanley analysts said, "In the second quarter of the financial report disclosure, the common people are our first choice in the head chain pharmacies. Because of its recent launch of management incentive plans, the profit visibility is the strongest. From the second quarter of 2022, in the second quarter of 2022到第四季度，老百姓需要至少19.5%的净利润同比增长率，以完成管理层激励目标，我们估计大概率能达成上述目标。”《证券日报》记者梳理老百姓投资者交流记录发现，今年以来， The company has obtained more than 350 institutions and over 400 investors for investigations, of which there are many internationally renowned investment institutions such as Goldman Sachs, JP Morgan, and domestic head fund companies such as E Fund Fund, Huaxia Fund, and Guangfa Fund. Aiming at high growth targets, the common stock incentive plans released by the people recently, aiming at high growth targets, or one of the reasons for attracting well -known domestic and foreign institutions to scramble to investigate. On August 1, the people released the 2022 restricted stock incentive plan (draft). The draft shows that the people intend to issue A -share ordinary shares to the incentive objects. The number of restricted shares is planned to be awarded by 3.1054 million shares, accounting for 0.533%of the current company's total share capital. Among them, 2.6727 million shares were awarded for the first time, accounting for 86.07%of the total equity of this incentive plan, and the grant price was 16.78 yuan/share. The total number of incentive objects granted by the incentive plan does not exceed 321, covering the company's senior managers, middle management personnel and core backbones. "This is the equity incentive plan with the largest number of people since the company's listing. The company has always believed that people are the first productive forces for enterprise development. The sharing mechanism has become one of the cultural genes of the enterprise. The launch of the equity incentive plan in 2022 is the core talent for the company Once again, it is also a useful supplement to the short -to -medium -long and long -term incentive system that has been constructed. " It is worth noting that the requirements of the limited stock company level granted by the equity incentive for the first time in this equity incentive are: based on the net profit of the mother -in -law from 2021, from 2022 to 2024, the company's net profit growth rate of the company's mother is not less than 15, respectively. %, 40%and 65%. If the three -year performance exactly reached the company's level of performance assessment requirements (excluding the impact of the incentive plan payment), then from the second quarter to the fourth quarter, 2023, and 2024, the net profit growth rate of the common people was 19.50%, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively, respectively. 21.74%and 17.86%, the three -year compound growth rate was 18.17%. "The target of this performance assessment demonstrates the company's confidence, which is conducive to improving the company's competitiveness and sustainable development capabilities. . "A brokerage analyst who tracked the common people for a long time said in an interview with the Securities Daily reporter. In recent years, the mergers and acquisitions coordinated effects have been accelerating the sinking market with direct business, Xinghuo (mergers and acquisitions), joining, and alliance "four -driving horse -carrying". In March of this year, the company's largest acquisition of mergers and acquisitions in history further consolidated its leading position in the pharmacy industry. The announcement shows that in March of this year, ordinary people acquired 71.96%of Hunan Huairen Great Health Industry Development Co., Ltd. 71.96%of their own funds. After the transaction was completed, the company's stores in Hunan region exceeded 3,000, becoming the largest number of chain pharmacy companies in Hunan Province's domain stores and sales. "This acquisition has enhanced the company's scale effect and competitiveness, strengthened the company's bargaining ability to upstream suppliers, reduced product procurement costs, and enhanced the company's competitive advantage in Hunan." In addition to mergers and acquisitions, the company's direct -operating, joining, and alliances are also aiming at the three to five sinking markets of counties and towns in the county area to increase the opening of new stores, absorb single and small and medium chain pharmacies, and continue to expand the layout of the store. "In the first quarter of this year, the company's direct business group and the Xinghuo business group merged into an operation center. Further improving management efficiency. "Feng Shi Ni said that on the basis of the continuous improvement of stores, the company is still continuously carried out the reform of the organizational structure and the centralized management model. By streamlining the management level Professional goal. This series of capital operations also attracted the high attention of domestic and foreign research institutions. Since the beginning of this year, there have been more than 350 institutional investors on site and online research companies. The major brokers have publicly released nearly 30 research reports and reviews about the company.

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Picture ｜ Bag Picture Network Station Cool Hero Production | Liu Zhizhi

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