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China's most expensive swineherd liu yonghao personally pig - China Neon Sign Lights by fsb cwqc





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China's most expensive swineherd liu yonghao personally pig - China Neon Sign Lights by
Article Posted: 06/22/2011
Article Views: 177
Articles Written: 1405
Word Count: 779
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China's most expensive swineherd liu yonghao personally pig - China Neon Sign Lights


 
Business,Business News,Business Opportunities
In announcing the new millennium to spend 320 million yuan on the capital increase carried out after the crane, new hope, said recently that the millennium has fully recovered the right to operate cranes, large-scale losses of their actions. That is, for operating condition year after year, new hope hind legs dragging "Millennium Crane", he claimed to do, "China's first swineherd," a new hope President Liu Yonghao measures to be taken not to give up, but personally support.

Millennium Crane huge loss, hind leg dragging new hope

2006 12 months, Sichuan New Hope Group has 122 million acquisition of pig slaughtering and meat processing enterprises in Beijing Millennium Crane 30% stake in unilateral capital increase in 2007 72.9 million yuan, to obtain 60% stake.

Cranes in holding the beginning of the millennium, Liu Yonghao told the media that, through the "brand name" drive, he will invest nearly 5 billion yuan into China's "first swineherd." Wound up. He hopes the addition of "hope" feed, "good" meat products, there is the "Millennium Crane" card.

But the fact is that the Millennium Crane is not good to play this card. New hope for the calendar year filing shows the operation of the new millennium crane year after year, every year has become a new source of hope for major losses. Millennium Crane appeared in 2007's huge loss of 102.7 million yuan, compared with a loss of 5.9 million yuan in 2006 increased substantially, mainly due to higher hog prices led to the acquisition cost of the Millennium Crane doubled. 2008. Millennium Crane further increase the amount of loss increased to 123 million.

franchise recovery, reconstruction pig industry chain

But the original acquisition move, Liu Yonghao repeatedly said "no regrets." In the 2008 annual meeting, Liu Yonghao said integrated farming industry chain favor long-term development. A notice in the capital increase, the new hope that, in view of Beijing Millennium Crane food company operating heavy losses, to address the company's crisis, the company decided to underlying shares of the transferee, and to increase their investment in order to help out of this predicament, reverse the adverse situation.

In addition, according to information, Liu Yonghao assumed his new plan swine industry chain, the stock company to build in the new millennium as the leading crane to the north, and of aquaculture feed as the main northern industrial chain; to good as a leader , Sichuan, Chongqing, feed and farming enterprises as the mainstay of Sichuan and Chongqing industrial chain.

pigs within the circle of foreign capital have cross-border

In March this year, COFCO Group and Tianjin Municipal Government signed a total investment of 8 billion yuan in the pig breeding industry of the relevant agreement. Thus, in the food chain in the construction of pig industry will spend 17.7 billion yuan is expected.

For Ding Lei, Guo Guangchang and other "rising star", "buy the dips" into the outside world acts as a footnote to their pigs, despite their different mode of operation, bargain-hunting force, the richest man who emerged from more than figure. Goldman Sachs and other investment banks and international agencies have started taking way through the curve. Among them, the media said the money in Goldman Sachs last year, 200 million -3 million breeding pigs in the key areas in our country breath wholly acquired more than ten farms, Deutsche Bank will inject 60 million U.S. dollars for 30% of farms in Shanghai of the shares. Although Goldman Sachs pig

events foggy, but the investment of two Chinese meat industry leaders Shuanghui and Yurun, both contrarian expansion last year, really is an indisputable fact. This year in June, Shuanghui also announced the beginning of march to the upstream, gradually increasing the area of expansion in culture, desire to cover the whole industrial chain.

Cross-pig Events 2008 8 media reported that Goldman Sachs to spend 300 million U.S. dollars, China's pig breeding in the key areas of Hunan and Fujian provinces wholly acquired more than ten professional pig farms. Subsequently, Deutsche Bank announced a 60 million U.S. dollars to buy 30% of pig farms in the Shanghai Hongbo shares.

2009 2 said Ding Lei, founder of Netease, will invest tens of millions to establish farms in Zhejiang, and founder of pigs for this network.

2009 6 Fosun Group leader David Guo Guangchang and Jiangxi China Equity Group signed an investment agreement, exclusion 160 million yuan among the pig.

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