media general stock quote
media general stock quote
Safe "airborne" Yunnanbaiyao – Yunnanbaiyao, Mask – hairdressing industry
Yunnanbaiyao initially set to the orientation of China Ping An Life Insurance Company issued shares, not more than 10% of the shares Week ago major issues suspend the Yunnanbaiyao finally re-opened “mystery” in the cloud re-shelve the drug 4 years, China Ping An to the new “airborne” status officially unveiled. The company announced yesterday, to be through this private placement to introduce strategic investors, through early communication, company initially set the orientation of China Ping An Life Insurance Company Limited issued shares; share issue, Ping An will hold no more than the 10% stake in the company. Announcement said, because of the company and the actual control of China’s Ping An average is a listed company are required to fulfill the relevant procedures to ensure this non-public offering to proceed smoothly, the company stocks continued suspension, no later than August 12 related Notice the date of board resolution for restoration. During the suspension, the company will follow up non-public offering related work arrangements. Financing or as a “cosmeceutical” New
Call Yunnanbaiyao securities yesterday’s staff to the relevant person is not grounds for failure to interview. A source close to the veteran Yunnanbaiyao told reporters the two sides Cooperation Or from Yunnan Province SASAC “go-between.” Had Yunnanbaiyao secretaries to directorate told the media that Yao Yin products, the use of funds raised will be used for capacity expansion and new product development. Industry speculation that the “new product” is likely to be launched is the cloud of drug and cosmetic drug products project. Guotai Junan in the analysis also pointed out that from a strategic point of view, Yunnanbaiyao will continue to deepen, “Drugstore + drugs” line. That future drugs may be sub-brand cosmetics category. GF Securities analyst Ge Zheng yesterday told Chinese reporters that the drugs currently Yunnanbaiyao chunk of the company is still over 70% of revenue share, but including the toothpaste’s health division, including its focus on the future development of one of the sectors. “Some of them rely on drugs developed under the background of Mask , Shower gel, shampoo and other products have in-house trial or project. “However, there are unconfirmed reports said the amount could be used for investment in real estate financing. Strategic reorganization four years ago, has failed
In fact, China is already the Yunnanbaiyao strategic investment in Ping An’s “second man.” In 2004, Yunnan Province SASAC hopes to introduce strategic investors from the outside, a way to increase their investment on an equity reform of Traditional Medicine Group, several giant shopping enormous amount of money bid, ultimately Tung Shing Group and private enterprise jointly established Sinopharm Sinopharm industrial companies, will cloud Pharmaceutical Group in the bag. However, after one and a half, due to various reasons, cloud Pharmaceutical Group, offered to surrender, completely out of Sinopharm industrial companies. Yunnan Pharmaceutical Group, a strategic restructuring plan is put a few years. However, the restructuring of dawn appears to start from the end of Wei Lu. November 2007, listed companies to 50 million yuan Yunnanbaiyao prices, major shareholders acquired wholly-owned subsidiary of Xing Yun drug companies in the pharmaceutical and health drug cloud. At the same time, drug companies will be withdrawn cloud, cloud Pharmaceutical Group will directly control Yunnanbaiyao the news spread. Cloud was the action against drugs, the industry is also generally agreed that the SAC may have to give up the introduction of Yunnan Province, foreign investors, but more inclined to internal integration. Yunnanbaiyao one executive said: “We mainly rely on their own strength to develop the drug industry goes, rather than pinning hopes on the introduction of investors.” However, China’s Ping An yesterday formally Yunnanbaiyao strategic reorganization “airborne” status appearance, but also to this view proved unfounded. However, “no more than 10% of the shares,” the scale and then sell Sinopharm Dongsheng and 50% stake in Yunnan Pharmaceutical Group, compared to fairly is more cautious. Response Optimistic about the pharmaceutical industry, Ping An Life Spokesman Sheng Ruisheng Ping An Group, in an interview yesterday, said the group’s strategic investment in Ping An Life Yunnanbaiyao matter has not yet signed any agreements, only at the negotiation stage.
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