Zhang Lu, a reporter from the Yangtze River Business Daily
"Sujiu Biost" (603369.SH) intendsChange the use of repurchase shares.
On November 10, this World Fate issued an announcement on changing the use of repurchase shares and cancellation.The company intends to change the 7.7 million shares that have repurchased the repurchase of special securities accounts but have not yet used it from the "used to implement the equity incentive plan" to "use to cancel and reduce the companys registered capital accordingly."The reason for this change is that according to the relevant provisions of the "Company Law", the shares repurchased by listed companies should be transferred or canceled within three years, and it has been three years.
According to the implementation of the repurchase shares, the company repurchased the shares for the first time on November 11, 2021, with a cumulative repurchase of 7.7 million shares, with a total payment of 433 million yuan (no noIncluding transaction costs), the average repurchase price is 56.24 yuan/share.After the cancellation, the total number of shares of the company will be reduced from 1.255 billion shares to 1.247 billion shares. All limited -selling conditions will be canceled, and the shares will no longer exist in the shares.
In the opinion of the industry, the main purpose of this world to reduce capital is to optimize the capital structure, reduce legal liability and risk, improve operating flexibility, and optimize governance structure.I
This Shiyuan wine industry was formerly known as Jiangsu Gaogou Winery. In 1996Following Yanghes second listed liquor company in Jiangsu Province.
The Yangtze River Commercial Daily Pentium reporter noticed that from 2015 to 2023, the revenue and net profit of this world have maintained a growth trend, and the gross profit margin has occasionally changed, but overall perspectiveIt is in growth.In 2023, the revenue of this Shiyuan wine was 10.098 billion yuan, the net profit was 3.136 billion yuan, and the pressure line reached 10 billion yuan in revenue.
In the first three quarters of this year, this world revenue achieved revenue of 9.941 billion yuan, an increase of 18.86%year -on -year; net profit was 3.086 billion yuan, a year -on -year increase of 17.08%, all of which have achieved growth, but it is the second largest, but its No. 1The growth rate of performance in the third quarter slowed down significantly, achieving revenue of 2.636 billion yuan, an increase of 10.12%year -on -year; net profit was 624 million yuan, an increase of 6.61%year -on -year, which was lower than the expectations of most brokers.
As a famous wine in Jiangsu, the three major liquor brands of "National Fate", "This World Fate" and "Gaogou" have been deeply cultivated in the provincial market, but the Jiangsu CampRevenue has always occupied a high proportion, which also exposes its limited dilemma of nationalization.
The financial report shows that from 2020 to 2023, the revenue in the province of this Shiyuan wine industry was 4.768 billion yuan, 5.933 billion yuan, 7.335 billion yuan, 9.370 billion yuan, and outside the provinceThe realization of revenue was 329 million yuan, 447 million yuan, 519 million yuan, and 727 million yuan, respectively, accounting for 6.46%, 7.02%, 6.61%, and 7.24%, respectively, and the proportion has not exceeded 10%.
The Yangtze River Business Daily Pentium reporter noticed that in the first three quarters of this year, the growth rate of the foreign markets outside the world is faster.804 million yuan, a year -on -year increase of 17.71%and 32.73%, respectively.However, the companys revenue realized in Jiangsu Province is still absolutely big, accounting for about 92%.At present, the market expansion of this world is still yet to be strengthened.
In fact, in order to promote the nationalization business, this world has continued to increase marketing, and its sales costs have also shown a high growth trend in recent years.According to financial report data, from 2020 to 2023, the sales costs of this world are 875 million yuan, 968 million yuan, 1.39 billion yuan, and 2.097 billion yuan, respectively.In the first three quarters of 2024, its sales cost was 1.526 billion yuan, an increase of 3.39%year -on -year.In the past five years, sales costs have reached 6.856 billion yuan.
In addition, it is worth mentioning that according to the "Financial Budget Plan 2024" disclosed by this Shiyuan earlier, the company plans to achieve revenue of 12.2 billion yuan this year and 3.7 billion yuan in net profit.EssenceIn the first three quarters of this year, the company has completed 81.48%and 83.41%of the two targets of the year, and has the opportunity to achieve the overall goal.