Dongli New Energy Ningbo Dongli, which is intended to buy 380 million yuan 7 years ago: expand production needs

Today (July 6), Ningbo Dongli (SZ002164, closing price of 5.82 yuan, a market value of 3.097 billion yuan) announced that it is planned to acquire Ningbo Dongli New Energy Equipment Co., Ltd. (hereinafter referred to as Dongli New Energy) 100 for 380 million yuan. %Equity. For this acquisition, listed companies said they had seen 238 acres of land of Dongli New Energy. Dongli New Energy was once Ningbo Dongli subsidiary, but was sold by listed companies in 2014, which became an important measure for listed companies to keep shell at that time.

"Daily Economic News" reporter noticed that the listed company sold more than 100 acres of land in November last year, and the selling price was about 369 million yuan; one in and out, the company successfully achieved "replacement" of the land.

It is intended to acquire 100%equity of Dongli New Energy

According to Ningbo Dongli announcement, Dongli New Energy was established in November 2010, with a registered capital of 200 million yuan. The controlling shareholder, so the transaction constitutes a related transaction.

As of the end of 2021, Dongli New Energy assets were 319 million yuan and net assets were 306 million yuan. In 2021, the company's operating income was 12.738 million yuan, and net profit was 2.1138 million yuan. Dongli New Energy's operating income is derived from housing leasing, and other businesses are not carried out except house rental.

"Daily Economic News" reporter noticed that the tenants of Dongli New Energy have Ningbo Dongli company. In January this year, Ningbo Dongli Transmission Equipment Co., Ltd. (hereinafter referred to as Dongli Transmission), a wholly -owned subsidiary of Ningbo Dongli, Ningbo Dongli Electrical Co., Ltd. (April 2nd has been renamed Ningbo Dongli Transmission Technology Co., Ltd. Company) and Dongli New Energy signed the "Factory Rental Contract", which intends to lease Dongli New Energy in some factory buildings and office buildings on No. 188 Binhai Fourth Road, Hangzhou Bay New District, Ningbo.

Dongli Electrical and Electrical's leased area is 22,500 square meters, the lease period is from January 10th to December 31st, the monthly rent is 381,900 yuan, and the total rent is 4.472 million yuan.

In this transaction, Dongli New Energy's investment in the evaluation range is 71,100 square meters of house buildings and its corresponding 158,800 square meters (about 238 acres) of land use rights. After evaluation, the evaluation value of the entire equity of Dongli New Energy's shareholders was 382 million yuan, and its 100%equity transaction price was 380 million yuan.

Regarding this transaction, Ningbo Dongli said that in recent years, the company's business has grown rapidly, and Dongli has transmitted the existing factory buildings in the current stage. Geographical location, factories and industrial chain supporting advantages, facilitate the company's rapid optimization of production layout and expand production capacity.

Once the sale of Dongli New Energy Shell

In fact, Dongli New Energy was once a subordinate asset of Ningbo Dongli, but was stripped by listed companies in 2014.

In November 2014, Ningbo Dongli announced that it was planned to transfer all the equity of Dongli New Energy to Ningbo Beiwei Textile Co., Ltd., and the transaction price was 354 million yuan. At that time, Ningbo Dongli directly held 70%equity of Dongli New Energy and held 30%of Dongli New Energy through Dongli Gear Box.

At that time, Dongli New Energy was mainly engaged in wind power gear box business. Regarding the selling Dongli New Energy, Ningbo Dongli explained at the time that the company's large -scale wind power gear box was in the product import period and affected by the adjustment of the wind power industry. To the wholly -owned subsidiary Ningbo Dongli Machinery Manufacturing Co., Ltd. (later renamed Dongli Transmission), it is conducive to production overall management and cost control; it is conducive to revitalizing existing assets such as plant land and supplementing the company's operating funds.

However, in December 2014, the 100%equity of Dongli New Energy became Dongli Group, and the transaction price was still 354 million yuan.

It is worth mentioning that the sale of Dongli New Energy has contributed to Ningbo Dongli "shell". Due to the loss of net profit for two consecutive years, on April 23, 2014, Ningbo Dongli put on a hat, and the stock abbreviation was changed from "Ningbo Dongli" to "*ST Dongli". If the company's audited net profit in 2014 is still negative, the company's shares may be suspended.

In the end, Ningbo Dongli realized the net profit attributable to shareholders of listed companies in 2014 of 23.85 million yuan, and the non -net profit was ﹣23.67 million yuan. According to the 2014 annual report of listed companies, the investment income generated by the sale of Dongli New Energy was as high as 29.3628 million yuan.

(Cover picture source: Visual China-VCG41N914917540)

Daily Economic News

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