告别了一代“民族品牌”的传奇！ 今天成为上市的最后一天！ _东方财富网

原标题：告别，一代“民族品牌”的传奇！ 今天是上市的最后一天！

概要

[Farewelltoagenerationof”nationalbrand”legend!Todayisthelastlistingday!】OntheeveningofJanuary13HuiyuanJuice(01886HK)announcedthattheListingReviewCommitteeoftheStockExchangehadheldareviewhearingonDecember92020toreviewthedelistingdecisionOnJanuary52021theListingReviewCommitteenotifiedthecompanythatithaddecidedtomaintainthedelistingdecision(ChinaFundNews)

The one who grew up with us”Huiyuan Juice“, will officially cancel the listing status on January 18.

In the evening of January 13,Huiyuan Juice(01886.HK) announced that the Listing Review Committee of the Stock Exchange has held a review hearing on December 9, 2020 to review the delisting decision. Notice from the Listing Review Committee on January 5, 2021the companyIt has decided to maintain the delisting decision.

However, the board of directors expressed “disappointment and disagreement with the decision of the Listing Review Committee”. The board of directors of the company believes that the company has done its best and has used all available resources to try to satisfyResume tradingcondition.

　　announcementAccording to the report, on January 6, 2021, the Stock Exchange wrote to the company to inform the company that the final listing date of the company’s shares will be January 15, 2021, and that the listing status of the shares will be removed from 9:00 a.m. on January 18, 2021. cancel.

　　Zhu Xinli and his daughter quit the board of directors

　　Beijing Huiyuan initiates pre-restructuring program

In February 2020, Huiyuan ushered in the largest personnel change in history, and the founders Zhu Xinli and his daughter withdrew from the board of directors of listed companies.At that time, ChinaHuiyuan JuiceThe Group Co., Ltd. announced that in order to devote more time to other affairs, Mr. Zhu Xinli has resigned as the chairman of the board of directors, executive director, authorized representative and chairman of the strategy and development committee of the company, effective from February 12, 2020; at the same time, Zhu Xinli’s daughter Zhu Shengqin has resigned as executive director, effective February 12, 2020.

After Zhu Xinli resigned, Ms. Ju Xinyan, an executive director, was appointed as the chairman of the board of directors.

Zhu Xinli and his daughter’s withdrawal from the board of directors was interpreted by the outside world as Huiyuan’s move to pave the way for the introduction of new capital, but so far, no capital has thrown an olive branch on it.

On January 11, Beijing Huiyuan received a pre-reorganization decision issued by the court. The announcement showed that Shandong Deyuan International Logistics Co., Ltd. made a decision against one of the company’s wholly-owned subsidiaries to the Beijing First Intermediate People’s Court of the People’s Republic of China. Company Beijing Huiyuanfood and drinkApplication for pre-reorganization of a limited company.enterpriseFailure to reach a pre-reorganization plan will not cause the company to enter the bankruptcy liquidation process.

The court decided to initiate pre-reorganization procedures against Beijing Huiyuan and appointed a temporary administrator. During the pre-reorganization process, the temporary manager should perform a number of duties, including clarifying the overall direction of the reorganization work, organizing Beijing Huiyuan and its investors,ClaimsPeople and (intentional) reorganization investors and other interested parties negotiate and draft pre-reorganization plans, and guide and assist Beijing Huiyuan to introduce reorganization investors as needed.

　　Zhu Xinli and his “juice empire”

　　Coca ColaHit hard after the failed acquisition

Public information shows that Zhu Xinli was born in 1952, a native of Yiyuan, Shandong, and the founder of Huiyuan Group.

In 1992, 40-year-old Zhu Xinli resolutely discarded his “iron rice bowl”, resigned and went to the sea, and founded Shandong Zibo Huiyuanfood and drinkLimited company. In 1993, the first batch of concentratedappleAfter the juice was produced, Zhu Xinli took the samples alone and went to Germany to participate in the food exhibition.Signed $5 million in juice concentrate at the German Food FairExportcontract, Thus dig the first pot of gold. Since then, Huiyuan concentrated fruit juice has been exported to more than 30 countries and regions.

In 1994, founded Beijing Huiyuanfood and drinkCo., Ltd.; In 1997, Zhu Xinli spent a huge sum of 70 million yuan to win the 5-second advertising time on CCTV’s golden news broadcast time, which quickly increased the popularity of Huiyuan Juice and became a “national beverage” in one fell swoop; in 1998, it began to face Set up factories nationwide; by 2000, Huiyuan Juice firmly occupied 23% of the market in one fell swoop, leading the market.

However, Zhu Xinli has more ambitious ambitions to raise funds. In February 2007, Huiyuan Juice was listed on the Hong Kong Stock Exchange.Main board listing, Raising funds of 2.4 billion Hong Kong dollars.

When Huiyuan Juice is in the “high light moment”,Coca ColaThe failed acquisition case suffered a heavy blow.

September 3, 2008Coca ColaAnd its wholly-owned subsidiary, Altantic Industries, jointly announced that it will acquire the entire issued share capital of Huiyuan Juice and all the outstanding convertible shares of Huiyuan for a total price of HK$17.92 billionBond; Cancel all outstanding share options of Huiyuan, and put forward a voluntary conditional cash acquisition proposal. This became Coca-Cola’s largest acquisition in China and in its history of development except the United States.

After the resumption of trading on September 3, affected by news, the stock price soared by 164.25% that day, and the market was once ignited.

However, after Coca-Cola announced the acquisition of Huiyuan Juice, there was an uproar in the country. An online survey involving nearly 70,000 netizens showed that up to 82% of netizens opposed Coca-Cola’s acquisition of Huiyuan Juice.

On March 18, 2009, the Ministry of Commerce announced that it rejected Coca-Cola’s acquisition of Huiyuan. It is determined that this concentration will have an adverse effect on competition, and this concentration of undertakings is prohibited. It is understood that this is not only the first foreign acquisition case rejected by the Ministry of Commerce after the implementation of the Anti-Monopoly Law in August 2008, it also means that the largest foreign-funded acquisition of a Chinese enterprise by a foreign-funded enterprise at that time was marked in a negative form. The full stop.

Affected by the news, Huiyuan Juice plummeted 19.42% on March 18, 2009, fell more than 42% on March 19, and continued to plummet by 9.79% on March 20. The stock price fell nearly 58% on the 3rd, and its market value was cut in half.

Huiyuan failed to marry a “good in-laws”, and therefore lost an opportunity for large-scale development.In an interview many years later, Zhu Xinli said: “I think that is an opportunity. If we take 2.5 billion US dollars from Americans, if we invest in China’s modern agriculture, we can help many rural areas and farmers to implement scale. Management, technology management, brand management. At the same time, we canborrowHelp Coca-Cola’s platform to deliver China’s fresh fruits and concentrated juices to more than 100 countries. “

　　Zhu Xinli’s 4.1 billion yuan assets were frozen

　　Restricted consumer orders for many times became “Laolai”

After the failure of the acquisition, Huiyuan began to decline. In April 2018, without the approval of Huiyuan Juice’s board of directors, Huiyuan Juice made a loan of 4.275 billion yuan to its subsidiary, Beijing Huiyuan Beverage Group. No agreement was signed or disclosed.Since Beijing Huiyuan Juice is not a listed company, Huiyuan Juice violatedHong Kong Stock ExchangeThe listing rules led to the stock marketSuspension。

When a series of crises ensued, in May 2019, Zhu Xinli was listed by the court as a dishonest person. On December 11, 2019, Zhu Xinli had the right toproxyPeople’s China Deyuan Capital (Hong Kong) Co., Ltd. was seized by the court, and the assets of 4.1 billion yuan were frozen, which put Huiyuan Juice Group in jail.

Earlier, a civil ruling disclosed by China Judgment Document Network showed thatChina Merchants BankOn September 20, 2019, he applied to the court for pre-litigation property preservation, requesting the seizure, seizure, and freezing of the equity held by China Deyuan Capital (Hong Kong) Co., Ltd. (including equity and dividends,DividendsAnd other income),bankTotal deposits and other valuesRMB4.103 billion yuan in property.applicantChina Merchants BankThe company limited by shares has provided guarantees.

The court finally ruled that the property of the respondent China Deyuan Capital (Hong Kong) Co., Ltd. shall be sealed up, seized, and frozen, with a limit of 4.103 billion yuan.freezebankThe deposit period is one year, and the period for sealing up movable property is two years.propertyThe term is three years.

It is understood that the authorized representative behind Deyuan Capital is Zhu Xinli, the founder of Huiyuan Juice.

In addition, Zhu Xinli has also been ordered to restrict consumption many times. On December 2, in the case of a dispute over a financial lease contract with Minsheng Financial Leasing Co., Ltd., Zhu Xinli received a consumption restriction from the Third Intermediate People’s Court of Tianjin for failing to perform the payment obligations determined in the effective legal document within the specified period make. On May 29, 2019, for violating the property reporting system, Zhu Xinli was again included in the list of untrustworthy persons subject to enforcement by the court and became Lao Lai.

　　Huiyuan Juice for 6 consecutive yearsLoss

　　Ten billion debts dragged downPerformance

From 2011 to 2016, Huiyuan has suffered losses for six consecutive years. At the same time, the stock price has been chattering and plummeting.

In the first year after listing, Huiyuan Juice’s total revenue in 2007 was 2.707 billion yuan.Net profit640 million yuan. However, a year later, although total income has risen to 2.849 billion yuan,Net profitIt plummeted 86%, leaving only 88.9 million yuan. In the following years, net profit performance was also very unstable.

inOperating incomeWhile volatile growth, Huiyuan Juice’s non-net profit has been negative for 6 consecutive years. According to the annual report data, from 2011 to 2016, Huiyuan Juice’s annual non-net profits were -230 million yuan, -318 million yuan, -479 million yuan, -575 million yuan, -553 million yuan, and 208 million yuan.

Entering 2017, Huiyuan Juice’s performance improved slightly. In 2017, the company achieved operating income of 5.397 billion yuan, realized a net profit of 135 million yuan, deducting non-parent net profits and turned losses into profits, recording 213 million yuan.

However, it should be noted that Huiyuan Juice’s liabilities are increasing year by year. Data show that as of the end of 2017, Huiyuan Juice’s total liabilities have reached 11.403 billion yuan.

In 2018, Huiyuan’s 100% fruit juice and medium-strength fruit and vegetable juice market sales accounted for 43.7% and 31.5%, respectively. Compared with the increase in 2017, it reached 0.9% and 6.9%, respectively, and continued to rank the top of medium and high fruit sales. However, this performance can not bear the pressure of the market. Finally in April 2018, Huiyuan Juice announced the suspension of the stock market.

In the current market environment of fierce competition in the juice industry, “Huiyuan is called the New Year”. This festive slogan may gradually fade out of everyone’s vision.

(Article source: ChinafundNewspaper)

(Editor in charge: DF398)