Fang Hongbo, chairman of Midea Group, just showed off his 30 billion robot "muscles" at the beginning of the year, and the old competitor Haier immediately "started".
On the evening of February 16, Xinshida announced that the company's controlling shareholder will be changed from Ji Defa to Qingdao Haier Kaos Industrial Intelligence Co., Ltd. (hereinafter referred to as "Haier Kaos Industrial Intelligence"), and the actual controller of the company will be changed from Ji Defa, Liu Liping, and Ji Yi to Haier Group Company, and the company's shares will resume trading from the opening of the market on February 17.
So far, Haier has added another listed company.
Xinshida is a leading industrial robot in China, focusing on smart elevators, servo drives, frequency conversion speed regulation, robots and industrial controllers and other products. Holding Xinshida has made Haier a big step forward in the field of robotics.
"It is a new track, the state supports the industrial Internet industry, and Haier is also accelerating the layout." Haier insiders told Phoenix Weekly Finance.
The main body of the acquisition, Haier Kaos Industrial Intelligence, is located in the system of the industrial Internet platform Kaos, which was founded by Haier in April 2017.
Not long ago, the chairman of Midea announced that the retail revenue of Midea's robotics and automation business has exceeded 30 billion yuan. After getting the head enterprise of industrial robots, will Haier be able to catch up with Midea in the field of industrial robots and rekindle the war in the new battlefield?
Ninety percent premium rate acquisition
According to the acquisition announcement, Ji Defa, Liu Liping, and Ji Yi, the actual controllers of Xinshida Company, transferred a total of 10% of the company's shares to Haier Kaos Industrial Intelligence.
The transfer price of the target shares of this transaction is about 19.61 yuan per share, and the total transfer price is 1.3 billion yuan, which is nearly 90% higher than the stock price on February 7, the last trading day before the suspension. After the resumption of trading on February 17, the new time reached a one-word limit, and the stock price closed at 11.17 yuan per share, with a market value of 7.406 billion yuan.
Haier Kaos Industrial Intelligence intends to subscribe for 153 million shares issued by Xinshida to specific targets. After the completion of this issuance, Haier Kaos Industrial Intelligence will directly hold 219 million shares of the listed company (accounting for 26.83% of the total share capital of the listed company after issuance). The price of the shares issued by Xinshida was 7.99 yuan per share, and the total amount of funds raised was 1.219 billion yuan.
In other words, Haier Kaos Industrial Intelligence spent 2.5 billion yuan and obtained 26.83% of the equity of the listed company.
Although Haier Kaos Industrial Intelligence spent 90% of the premium to acquire 10% of the shares, the fixed increase price was not high, which reduced its acquisition cost.
In addition, the three shareholders also irrevocably entrusted the voting rights of the listed company to Haier Kaos Industrial Intelligence for all the remaining shares (accounting for 19.24% of the total number of shares of the listed company) held by the listed company after the completion of the share transfer.
Judging from the above transaction structure, Haier Kaos Industrial Intelligence directly obtained 26.83% of the equity of Xinshida after the completion of the private placement, and obtained the voting rights of 19.24% of the equity, which means that Haier completely controls the right to speak in this company.
