Changjiang Commercial Daily News ● Changjiang Commercial Daily reporter Shen Yourong
Gang Gang Hailiang (002203.SZ), which has completed the repurchase of 250 million yuan, will repurchase a larger scale.
On the evening of November 10, Hailiang announced a new round of repurchase shares plan. Continue to repurchase the companys shares, the repurchase amount is 500 million to 600 million yuan.
The funds of the repurchase shares come from their own funds and special repurchase loans. Zhejiang Commercial Bank has issued a loan commitment letter.
The reporter from the Yangtze River Business Daily found that this is the second repurchase of Haeliangs year.On September 28, the company disclosed that the repurchase plan has been completed in accordance with the promise, with a repurchase amount of about 250 million yuan.
In addition, on October 22, the company disclosed that the controlling shareholder (referred to as "Hai Liang Group") The amount is 200 million to 300 million yuan.Earlier, the director of the director, including the chairman of the company, had spent more than 60 million yuan in holding.
In summary, the amount of government announcement and repurchase of government announcements during the year of Hailiang shares have exceeded 1 billion yuan.
Hai Liang is the largest and most international copper tube and copper stick manufacturing enterprise in the world. Stable business relationship.
Wind data show that since its listing in 2008, Haeliangs cumulative earning 10.641 billion yuan, in the first three quarters of 2024, the companys profit was about 880 million yuan.
Announce a larger repurchase
According to the announcement, based on the companys high -quality sustainable development in the future Confidence and recognition of the companys inherent value. In order to safeguard the interests of investors and boost investors investment confidence in the company, Hai Liang plans to use its own funds and special loan funds to concentrate on bidding transactions through the Shenzhen Stock Exchanges stock trading system to concentrate bidding transactions. Methods to repurchase the A -share shares that have been issued by the company, and this repurchase shares will be used to implement equity incentives or employee holding plans.
The price of this repurchase shares is no more than 13.29 yuan/share (inclusive), the total amount of funds to be repurchased is not less than 500 million yuan, and it is not over 600 million yuan.According to the total amount of the total repurchase funds of 600 million yuan and the repurchase price of 13.29 yuan per share, the number of repurchases is expected to repurchase about 45.1467 million shares, accounting for approximately 2.26%of the current total share capital of the company; The lower limit of 500 million yuan and the repurchase price limit of 13.29 yuan/share is calculated. It is expected that the number of repurchase shares is about 37.623 million shares, accounting for about 1.88%of the companys current total share capital.
The source of funds for the repurchase shares is a combination of the companys own funds and special loans. "Loan Note", the loan amount does not exceed 420 million yuan.
This is the second -round repurchase plan of Hailiangs official announcement during the year.
On June 19, Hailiangs announcement was planned to repurchase 150 million to 250 million yuan to implement equity incentives or employee holding plans. The repurchase price does not exceed 13.07 yuan// Stock (including).As of September 28, the company completed the repurchase and accumulated a total of 31.8215 million shares, accounting for 1.59%of the companys total share capital, with a total repurchase of nearly 250 million yuan (excluding transaction costs).
In addition to the repurchase, the shareholders of Hai Liang also actively increased their holdings.On the evening of October 22, Hai Liang announced that the companys controlling shareholder Hai Liang Group plans to increase its holdings of 200 million to 30 million yuan through concentrated bidding transactions within 6 months from the date of this announcement. Provide special loan support for it, and the loan amount does not exceed 297 million yuan.
And the director and supervisor of Hai Liangs shares have completed some of the holdings.
On June 12, Hai Liang announced that the chairman Cao Jianguo intends to increase its holdings of 25 million to 30 million yuan; director and president Feng Yiming intend to increase the holdings of 45 million to 50 million yuan; directors Chen Dong intends to increase its holdings of 15 million to 20 million yuan.As of September 13, the above -mentioned shareholders shareholdings increased by 7.764 million shares, accounting for 0.39%of the companys total share capital, with a transaction value of 63.4937 million yuan.
In summary, the total amount of the companys repurchase plan and increase the holdings of the shareholders above is calculated, and the total amount has exceeded 1 billion yuan.
Profit of 879 million in the first three quarters
repurchase and increase holdings of more than 1 billion yuan, passed to it to the holding and increased their holdings, passed to it to it to the transfer to it to passed it to The market is that the company and shareholders are full of confidence in the future of Haeliang.
Hai Liang shares are the worlds largest and most international copper pipes and copper stick manufacturing companies. In early 2008, they landed on the A -share market.
From the perspective of business performance, from 2008 to 2019, the operating income realized by Haeliang shares and net profit attributable to shareholders belonging to the parent company All are continuous growth trends.During this period, the companys operating income increased from 7.906 billion yuan to 412.59 billion yuan, and net profit increased from 56 million yuan to 1.063 billion yuan, which increased by about 4.2 times and 18 times, respectively.
In 2020, the companys operating income was 46.52 billion yuan, an increase of 12.75%year -on -year; net profit was 678 million yuan, a year -on -year decrease of 36.26%.From 2021 to 2023, the companys operating income was 63.439 billion yuan, 74 billion yuan, and 75.749 billion yuan, a year -on -year increase of 36.37%, 16.65%, and 2.36%; net profit was 1.107 billion yuan, 1.208 billion yuan, and 1.18 billion yuan. Yuan, a year-on-year change of 63.36%, 9.13%, -7.46%.
In the first three quarters of 2024, the companys operating income and net profit were 68.121 billion yuan and 879 million yuan, a year -on -year decrease of 1.94%and 9.39%.
Wind data show that since the listing, the companys net profit has achieved a cumulative net profit of 10.641 billion yuan.
From the above -mentioned operating performance data, the revenue and net profit of Hailiang shares have fluctuated, but the fluctuations are not large, and the overall is relatively stable.
This is related to the business model of Haeliang. The sales pricing model of processing fee "strictly implements the net inventory management system to effectively avoid the risk of fluctuations in raw material price fluctuations, thereby achieving a profit model of" earning processing fees ".
According to disclosure, at present, Hailiang has 23 production bases worldwide, of which domestic bases are mainly located in provinces and cities such as Zhejiang, Shanghai, Anhui, Guangdong, Sichuan, Chongqing, Gansu and other provinces and cities Overseas bases are mainly distributed in the United States, Germany, France, Italy, Spain, Vietnam, Thailand, Indonesia, Morocco and other countries.
The company said that it has accumulated a large number of high -quality and stable customers at home and abroad, and established long -term stable business relationships with nearly 10,000 customers in more than 130 countries or regions. Enterprises with important influence in upstream and downstream related industries have established strategic cooperation relationships.
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