Why did Bowen Technology reorganize?

As a high-quality shell resource in Yunnan Province, Bowen Technology believes that the company will reorganize with high probability. At the same time, we also judge that the company may inject some local high-quality unlisted company resources in Yunnan, which may be related to the tea industry, or be backed by high-quality Chinese stocks because of the return of Chinese stocks and the closure of IPO channels. Mainly based on several judgments:

In the process of transformation and development of Pu 'er tea industry, the company's divestiture has steadily advanced; Before 2007, the company's business was divided into three parts: 1) cement production and sales; 2) Information technology and service business; 3) Commodity trade, with Pu 'er tea as the main business item. In the first half of 2006, the company operated Pu 'er tea.

The sales income of this business is 43.783 million yuan, accounting for 47.2% of the total income, which is the largest source of income for the company (the sales income of cement accounts for 465.438+0.5%, ranking second). Undoubtedly, the company was the first share of Pu 'er tea in Shanghai and Shenzhen stock markets at that time. As the Pu 'er tea industry began to experience the painful period of transformation in 2006, the company also divested the Pu 'er tea business and its

His main business has become an advantageous shell resource. Specifically, the Pu 'er tea industry began to show a major turning point. The company sold Pu 'er tea business: 2004 and 2005 were the golden years for the development of Pu 'er tea industry. Consumers not only thought that Pu 'er tea had high health care value, but also thought that Pu 'er tea had collection value. However, in 2006 and 2007, Pu 'er tea was heavily hyped, which caused huge losses to consumers. After the bubble burst, the price of Pu 'er tea plummeted, which severely hit tea farmers. At the same time, the company began to sell Pu 'er tea business in the second half of 2006. Since then, there have been no listed companies of Pu 'er tea in A shares.

In recent years, the company has gradually divested its own assets and become a high-quality shell resource: since 2009, the company has gradually reduced its shareholding in Xinjiang Zhonghe and divested its information technology and service business. As of June 30th, 20 15, the company only holds 0.6% equity of Xinjiang Zhonghe/kloc-0. In addition, the company's cement business has been difficult to support development and needs to be transformed. At present, a large number of privatized Chinese stocks can not be IPO, but can only be listed on the backdoor.