The annual report shows that in 20 18, Shaanxi Jinye achieved an operating income of 976 million yuan, up 26 1 1% year-on-year, and its net profit (net profit attributable to listed shareholders) was 22,343,500 yuan, down 17.77% year-on-year. In the first three months of this year, the operating income continued to rise, and the net profit was only1580,700 yuan, down about 87% year-on-year.
According to the retrospective announcement, in history, Shaanxi Jinye has also planned many reorganizations, including the acquisition of the company's controlling sister and sister-in-law. However, the company's operating performance has not improved.
In addition to poor operating performance, Shaanxi Jinye's own financial situation is not very good, with insufficient liquidity and great debt repayment pressure.
As the former richest man in Yunnan, Yuan Hanyuan, the actual controller of the company, also faces the risk of equity pledge. Up to now, 65,438+04.50% shares of the company held by Yuan Hanyuan through Wan Yu Culture have almost been pledged. Last year, because the stock price hit the liquidation line, Yuan Hanyuan passively reduced his holdings.
Talent education plans to go public by backdoor. While many educational institutions are rushing to the A-share market, Renda Education is unwilling to wait and tries to enter the capital market by backdoor.
On the evening of May 27th, Shaanxi Jinye announced the signing announcement of investment framework agreement. On May 24th this year, Shaanxi Jinye signed an investment framework agreement with Daren Education and its shareholders Liu Ji, and the company plans to acquire 565,438+0% equity of Daren Education by paying cash.
According to the announcement, Shaanxi Jinye paid a deposit of 65.438+0.2 billion yuan to the condominium account. At present, the agreement only expresses the willingness of all parties concerned to cooperate and the preliminary negotiation results. Specific matters need to be determined after all parties conduct due diligence, audit and evaluation according to the actual situation, further consultation and corresponding decision-making and approval procedures.
For the above news, the market interprets Renda Education as a backdoor listing. In recent years, some educational institutions have entered the A-share market. Last year, Zhonggong Education landed on the A-share market through the backdoor of Yaxia Automobile. Prior to this, many private educational institutions such as Only Education, Kevin Education, and Heng Enterprise Education successively entered the A-share market through backdoor curves. In addition, Long Wen Education and others have also proposed motions, which have not yet been successful.
Shaanxi Jinye has been planning to expand the education industry. As early as 2005, Shaanxi Jinye and Northwestern Polytechnical University jointly bid for Mingde College of Northwestern Polytechnical University, which is an independent college, and Shaanxi Jinye holds 57% of the shares. Last year's annual report showed that the company's operating income from the education industry was 654.38+66 billion yuan, accounting for 654.38+07% of the company's operating income.
The Changjiang Business Daily reporter found out that Shaanxi Jinye also planned to acquire Beijing Huatang Zhongke Technology Group, an educational software and information service industry company, last year, but later gave up because it failed to reach an agreement on the purchase price. Regarding the acquisition of Daren Education, Shaanxi Jinye said that this move is an important measure for the company to implement the five-year development strategic plan and the strategic policy of "promoting education", which is conducive to the company to further consolidate and consolidate the development foundation of the education industry, improve the clustering and scale development level of the education industry, and provide a solid guarantee for the company's sustained, stable and healthy development.