The Cost Is 600 Million, The Premium Is 43%.

More than 7600 shares are transferred at a price higher than the market price of 43%, which may actually cost 617 million yuan. After the completion of the transaction, the natural person holds the total share capital of Meng Jie shares of nearly 10%, and has jumped to the third largest shareholder.

Recently, a natural person spent 600 million yuan from the hands of two funds, respectively holding 002397.SZ shares 38 million 120 thousand shares of income. A total of 7600 shares of the transaction were sold at a price higher than the market price of 43%. After the transaction was completed, the natural person held 9.78% of the total share capital of Meng Jie and jumped to third largest shareholder of Meng Jie shares.

The identity of the transferee is mysterious.

Meng Jie shares have issued a notice recently. The TEDA fund and the golden eagle fund respectively signed the contract for the transfer of shares of Hunan Meng Jie home textile Limited by Share Ltd with Mr. Yang Zhi, respectively, transferring 38120320 shares of the company's non-public offering shares, representing 4.89% of the total share capital of the company, to the natural person Yang Zhi by way of agreement transfer. After the transfer is completed, the two fund will be cleared, and Yang Zhi will hold 76 million 240 thousand shares of tradable shares of the company, representing 9.78% of the total share capital of the company and leaping to third major shareholders of Meng Jie shares.

Source: Business bulletin

It is worth noting that the transfer price of the transaction is 8.09 yuan / share, higher than the market price of 40%, that is to say, it is estimated that 430 million of the shares can be taken, in fact, it may cost 617 million yuan. This can not help but make people curious about Yang Zhi's status.

According to the China Fund report, the announcement only disclosed the identity card number and residence of the obligor Yang Zhi. Information shows that Yang Zhi was born in 1984, from Xingning, Meizhou, Guangdong. Her residence is the first high-rise building in Shenzhen - ping an financial center, and there is no more information.

According to an investigation by an interface journalist, Yang Zhi has a shareholding relationship with the controlling shareholder of Guangdong Thai shares. And for the source of funds behind it, Yang Zhi expressed his own funds, the specific source "inconvenient to disclose".

Where does the transferable share come from?

On the other side of the deal, the TEDA fund and the Golden Eagle Fund held by Meng Ying shares were issued through non-public offerings in 2018.

In January 10, 2018, Meng Jie issued a notice, issuing 76240640 shares of new shares, and listing in Shenzhen Stock Exchange in January 12, 2018. The total amount of fund-raising to the company is 570 million yuan, which is planned for intelligent plant construction projects and O2O marketing platform projects. At that time, the company disclosed that the fund-raising of the non-public offering will help transform and upgrade the company at the production level and sales level.

At that time, the stock issue price was 7.48 yuan / share, and in January 2019, when the shares were lifted, the price of Meng Jie stayed at the level of 4.3 yuan / share. By July 1st, the price of Meng Jie had risen to 5.66 yuan / share, still lower than the issue price. However, after the transfer of the shares, Yang Zhi, a natural person, bought all the shares of the two fund at the price of 8.09 yuan / share. After the completion of the transaction, the Taida fund and the Golden Eagle Fund will earn about 25 million yuan respectively.

Multiple executives reduction

In fact, since the end of 2018, Meng Jie has been doing a lot of action at the capital level. Meng Jie shares started the buyback plan since November 2018. As of June 30th, Meng Jie shares repurchased 13 million 310 thousand shares, accounting for 1.7% of the total share capital of the company. The highest transaction price was 6.13 yuan / share, the lowest transaction price was 4.13 yuan / share, and the total amount paid was 69 million 240 thousand yuan. According to the repurchase plan in September 2018, Meng Jie shares will not buy less than $50 million, no more than 200 million yuan, if the repurchase price does not exceed 8 yuan / share. At this point, the company's repurchase has already completed the lower limit of the plan, and there is still 130 million yuan from the ceiling.

At the same time, many directors of Dong Meng Gao have also launched a share reduction plan recently. Among them, the company's director and deputy general manager, Tu Yun, intends to reduce 1 million 60 thousand shares. The company's director Wu Wei also introduced a 1 million 437 thousand and 200 share reduction plan in October last year, but because of its buying of 2100 shares of Meng Jie's shares during the reduction plan, it formed a short-term transaction, so the reduction plan was finally terminated at the end of March this year.

In the past six months, what has been the result of the reduction of shareholdings, the repurchase of companies, and the high position of the market?

How is the performance of Meng Jie shares?

Meng Jie shares went public in April 2010, and its market value is more than 4 billion 700 million yuan. It is one of the leading enterprises in China's home textile industry.

In the past 2012 to 2016 due to weak consumption and business transformation brought about by the downturn in performance, in 2018, the performance of Meng Jie shares improved significantly, returning to the path of positive growth. The results showed that the company's operating income reached 2 billion 308 million yuan in 2018, an increase of 19.35% over the same period last year, and net profit grew by more than 60% over the same period last year. It has become the fastest growing enterprise in 6 major home textile listed companies. In terms of channel size, 365 new terminals were added in 2018, and now there are 3000 stores under Meng Jie line. Chinese style

In terms of online channel building, Meng Jie launched its self built social e-commerce platform "one house and good goods" and plans to continue to work closely with Tencent. It hopes to increase customer scale by increasing social functions and precision marketing.

Below the line layout, Meng Jie chooses location sink. Statistics show that the new store of sunrise is down to prefecture level and county-level city, with a layout of 50 square meters above the "light small fast" store, which is differentiated from the brand collection point and standard store of a second tier city. According to the plan, the company plans to open 1600 intelligent stores in prefecture level cities and counties in 2019.