On the one hand, Shanghai Electric, the major shareholder, retreated from the original body and prepared to increase its control position by 1 billion yuan. On the other hand, it is a 'partner'. Gree Electric (hereinafter referred to as Gree) has a two-way placard to compete for a controlling stake. Shares (hereinafter referred to as Haili) The two major shareholders are in the midst of fierce competition around their controlling interest. This move has made this unnamed compressor company the focus of attention.
After Gree’s two placards, At present, the major shareholders of Highly have launched a counterattack, intending to participate in the establishment of Haili, increasing their shareholding ratio. However, it is worth noting whether the plan of Highly was passed by the shareholders’ meeting. I have to look at Gree's 'face'. In the extraordinary general meeting to be held at Highly on August 2, Gree will vote for what kind of vote, which deserves attention.
In the face of Gree's 'knocking', recently, Shanghai Electric proposed a 'one fixed increase' plan of no more than 1 billion yuan. Once the shareholding ratio of its implementation is expected to reach 33.51%, the possibility of 'changing the sky' at the level of Haili shareholders will be Greatly reduced.
However, the related transaction of Highly is still subject to the approval of the major shareholder Shanghai Electric, the company's shareholders meeting and the approval of the China Securities Regulatory Commission.
It is worth noting that due to the relationship between Shanghai Electric and Haili, Shanghai Electric will abstain from voting at the upcoming extraordinary shareholders meeting of the company. As a result, the second and third largest shareholders of Highly have voted Important. At present, Gree has become the third largest shareholder of Highly by increasing its holdings, approaching the second largest shareholder. How to vote in the non-public offering plan is a suspense.
Financial commentator Pi Haizhou believes that if Dong Mingzhu really wants to take over the controlling stake of Highly, he must vote against the plan and influence other investors, especially institutional investors, as far as possible to achieve non-public offerings. The purpose of the veto of the plan. Of course, if Gree does not vote against the non-public offering plan, this means that Dong Mingzhu really does not want to be a 'barbarian' of Highly.
Shanghai Electric had previously intended to sell Haili. In just one month, the 180-degree change in its successive attitudes was also incredible.
Everbright Securities analysts believe that from the perspective of Shanghai Electric, the synergies between Haili and Shanghai Electric's other assets are weak, and Highly's own profitability is not strong. It is a good choice for major shareholders to sell to third parties at the right price.
However, at the critical moment when Gree reaches out for the olive branch, Shanghai Electric will say 'no'?
'For the whole machine manufacturer, the upstream compressor company Haili is a fragrant, the major shareholder may still want Haili to expand the market, increase the 'realization' weight, instead of returning to Gree. At the same time, Highly or with Gree In some respects, no agreement has been reached. 'Close to Haili people revealed.