Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. China
  4. Shenzhen Stock Exchange
  5. Yuan Long Ping High-Tech Agriculture Co., Ltd.
  6. News
  7. Summary
    000998   CNE000001360

YUAN LONG PING HIGH-TECH AGRICULTURE CO., LTD.

(000998)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Central Enterprise Poverty Area Industry Investment Fund Co., Ltd., a fund managed by SDIC Chuangyi Industry Fund Management Co., Ltd., agreed to acquire a 28.48% stake in Longping Biotechnology Co., Ltd. from Yuan Long Ping High-Tech Agriculture Co., Ltd. for approximately CNY 280 million.

06/11/2021 EST

Central Enterprise Poverty Area Industry Investment Fund Co., Ltd., a fund managed by SDIC Chuangyi Industry Fund Management Co., Ltd., agreed to acquire a 28.48% stake in Longping Biotechnology (Hainan) Co., Ltd. from Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) for approximately CNY 280 million on June 11, 2021. The consideration of CNY 284,757,119 shall be paid in two installments, of which, the first equity transfer payment is 51% of the equity transfer payment, which is CNY 145,226,131. Payment within 5 working days after meeting; the second phase of equity transfer payment is 49% of the equity transfer payment, which is CNY 139,530,988. In a related transaction, Central Enterprise Poverty Area Industry Investment Fund also agreed to subscribe for Longping Biotechnology's newly increased registered capital of CNY 7.5 million at a price of CNY 125,628,141 million, accounting for 11.16% of the registered capital of Longping Biotechnology after the completion of this capital increase. Among them, CNY 7.5 million will be included in the registered capital of Longping Biotechnology, and the premium portion of CNY 118,128,141 million will be included in the Capital Reserve. Longping Biotechnology reported audited total assets of CNY 11.5 million, audited net assets of CNY 9.5 million, and audited operating income of CNY 0.17 million for the year ended December 31, 2020. The matter has been reviewed and approved at the eighth (temporary) meeting of the company's eighth board of directors, and needs to be submitted to the general meeting of shareholders for deliberation.


ę S&P Capital IQ 2021
All news about YUAN LONG PING HIGH-TECH AGRICULTURE CO., LTD.
2021China to give safety approval to more domestic GMO corn types
RE
2021Beijing biotech firm banks on GM corn in race to be China's Monsanto
RE
2021China plans overhaul of seed rules to pave way for GMO approvals
RE
2021Yuan Long Ping High-Tech Agriculture Co., Ltd. Reports Earnings Results for the Nine Mo..
CI
2021Yuan Long Ping High-Tech Agriculture Co., Ltd. Reports Earnings Results for the Half Ye..
CI
2021Central Enterprise Poverty Area Industry Investment Fund Co., Ltd., a fund managed by S..
CI
2021LongPing launches Brazil soy research, partners with China's academia
RE
2021Yuan Longping, the man who helped feed China, dies at 91
RE
2021Yuan Long Ping High-Tech Agriculture Co., Ltd. Reports Earnings Results for the First Q..
CI
2021Yuan Long Ping High-Tech Agriculture Co., Ltd. Reports Earnings Results for the Full Ye..
CI
More news
Financials
Sales 2021 3 682 M 582 M 582 M
Net income 2021 220 M 34,8 M 34,8 M
Net Debt 2021 4 374 M 692 M 692 M
P/E ratio 2021 113x
Yield 2021 0,34%
Capitalization 24 534 M 3 881 M 3 882 M
EV / Sales 2021 7,85x
EV / Sales 2022 6,40x
Nbr of Employees 2 763
Free-Float 66,4%
Chart YUAN LONG PING HIGH-TECH AGRICULTURE CO., LTD.
Duration : Period :
Yuan Long Ping High-Tech Agriculture Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends YUAN LONG PING HIGH-TECH AGRICULTURE CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 18,96 CNY
Average target price 24,25 CNY
Spread / Average Target 27,9%
EPS Revisions
Managers and Directors
Zhen Yu Zou Chief Financial Officer
Hong Tang Independent Director
Chao Chen Independent Director
Shou Lin Pang Independent Director
Ding Jiang Yuan Vice Chairman