Fujian Nanping paper recently said, controlling shareholders and textile in Fujian province (Holdings) limited liability company proposed the introduction of strategic investors, the formation of new companies investing in bamboo and wood fiber project. People don't understand is, Fujian Nanping paper mill from continuously transferred assets since last November, raising funds the development of dissolving pulp and wood fiber industry. Same is bamboo and wood fiber project, which does not constitute competition? If only because of holding shareholders ' investment, then the phase of the listed company why you fell in the hands of the controlling shareholders of the project?
It seems that these questions also need to be made in the company in a subsequent notice further instructions. Announcement of controlling shareholder intends to vote to build bamboo and wood fiber, April 29, Fujian Nanping paper received a controlling shareholder textile in Fujian province (Holdings) limited liability company announcements, said it intends to hold shares of the company is funded by State regulatory program introduced strategic investors through open market, the formation of new companies, cooperation project of construction of bamboo and wood fiber. Current controlling shareholder is cooperating with investors to discuss specific ways and conditions, in view of the matter is still uncertainty, by application, company stock continued suspension since May 3, the company will notice related matters after the 5 trading days progress.
5 5th paper plate
-the securities industry; The daily economic news reporter found, bamboo and wood fiber project is the development of Fujian Nanping paper intended project, why the controlling shareholders to invest now?
On November 19 last year, Fujian Nanping paper release announcement, the Board agreed to public bidding way transfer wholly-owned subsidiary Shenzhen Longgang min link industry limited company 100% equity, transfer aims to raise funds and expansion of bamboo fiber pulp project, December 28, LongYan paper land shouchu company bulletin, the company intends to make full use of LongYan geographical advantages and dissolved pulp and wood fiber raw materials to develop industry. Explicitly mentioned in the notice “ bamboo fiber ”.
On March 9 this year, Fujian Nanping paper notice established South biomass fibers in paper Co Ltd, Fujian province, expansion of 96,000 tonnes of bamboo (wood) dissolving pulp project. Because at present the company relatively tense, and the lack of viscose production technology in the lower reaches, it is necessary to introduce strategic investors and joint venture construction, raising of capital for construction projects at the same time, create prerequisites for the development of pulp fiber integration in the future.
It is clear that “ integration of pulp fiber ” also includes “ bamboo fiber ”, the introduction of strategic investors is the idea of listed companies. From this, whether for investment projects, investment, Fujian Nanping paper almost exactly with the controlling shareholder of the plan. And reorganization of qingshan and then fall through
In addition, the recent announcement no doubt again confirmed the Fujian Nanping paper regardless of the suspension and restructuring, expected by the outside world and integration of qingshan again failed.
Since the de facto control of them are Fujian State-owned assets supervision, Fujian Nanping paper in the paper business reorganization with the qingshan has been considered possible. Earlier this year, the market out of Fujian State-owned assets supervision intended “ integration of Fujian Nanping paper mill, qingshan related assets, form a million-ton forest-pulp-paper group ”, but the two companies then respond to that, Fujian province, the Commission made it clear that no such plan at present.
However, on April 22 (Fri), Fujian Nanping paper and hand in hand with qingshan daily limit, inverse, recombinant rumors sounded again, April 25 (Mon), which announced the suspension, which continue to trade, and publish a bulletin clarifying Fujian Nanping paper business for not involving the company, does not exist with respect to the company assets and capital operation. Even so, qingshan still strong do not change, in April 25 5 trading days rose 5.21%, Shanghai stock index over the same period [2855.61-0.36%] by 3.29% them many stocks fell by even more tragic.
