Seven trading boards were harvested in eight trading days, and the prefabricated vegetable concept stock Better Life Commercial Chain Share Co.Ltd(002251) has been very popular recently.
On April 20, against the background of market adjustment, the prefabricated vegetable index rose 3.83% against the market. Since April 11, the prefabricated vegetable index has risen for eight consecutive trading days, with a cumulative increase of 19.5%. Among them, Better Life Commercial Chain Share Co.Ltd(002251) is the leader. It has harvested 7 limit boards in 8 days, and the latest market value is close to 10 billion yuan.
However, after the share price was hyped, Better Life Commercial Chain Share Co.Ltd(002251) the third largest shareholder, Nyingchi Tencent, began to reduce its holdings and cash out after holding shares for four years. On April 19, Nyingchi Tencent reduced its holdings of 8.64 million shares through block trading, cashing out about 84.23 million yuan.
Meanwhile, Better Life Commercial Chain Share Co.Ltd(002251) itself also wants to reduce its holdings and cash out at a high level Better Life Commercial Chain Share Co.Ltd(002251) recently announced that the company plans to reduce its holdings of 12.58 million shares repurchased last year, accounting for 1.456% of the company’s total share capital.
On April 20, a stock in the delisting consolidation period also attracted market attention. On the same day, the delisting Xinyi appeared abnormal trading. During the trading of the stock, some investors had abnormal trading behaviors that affected the normal trading order of the market and misled the trading decisions of small and medium-sized investors, such as raising the stock price. The Shanghai Stock Exchange took regulatory measures to continuously suspend account trading for relevant investors in accordance with regulations.
According to the regulations, the delisting consolidation period is 15 trading days, and the final trading day of delisting Xinyi is expected to be April 21. Subsequently, the Shanghai Stock Exchange will delist the company’s shares and terminate the listing of the company’s shares.
prefabricated dish index rose for 8 days
On April 20, the three major A-share indexes collectively adjusted. The Shanghai index fell 1.35%, the Shenzhen composite index fell 2.07% and the gem index fell 3.66%. However, in such a depressed market background, the prefabricated vegetable index rose 3.83% against the market, out of the independent market.
It is worth mentioning that since April 11, the prefabricated vegetable index has risen for eight consecutive trading days, with a cumulative increase of 19.5%. During this period, the Shanghai index fell 3.10%, the Shenzhen composite index fell 4.74% and the gem index fell 8%.
From the performance of individual stocks, on April 20, among the prefabricated dishes, 8 stocks such as Better Life Commercial Chain Share Co.Ltd(002251) , Sanquan Food Co.Ltd(002216) , Shandong Huifa Foodstuff Co.Ltd(603536) , Haixin Foods Co.Ltd(002702) , Yike food, etc. rose by the limit Better Life Commercial Chain Share Co.Ltd(002251) is the leader in the rise of the sector. In the eight trading days since April 11, Better Life Commercial Chain Share Co.Ltd(002251) has gained seven limit sectors, with a cumulative increase of more than 81%.
From the industry level, the recent establishment of China’s Prefabricated vegetable industry alliance has contributed to the rise of the sector.
On April 16, under the joint guidance of the agricultural trade promotion center of the Ministry of agriculture and rural areas, the Shenzhen Agricultural Products Group Co.Ltd(000061) quality and safety center of the Ministry of agriculture and rural areas and the China Green Food Development Center, the first national public welfare prefabricated vegetable industry self-discipline organization – China prefabricated Vegetable Industry Alliance, which is supported by more than 10 provincial agricultural and rural competent departments and municipal governments and served as the expert committee of the research institute by several national scientific research and economic research institutions, was officially established.
Song juguo, deputy director of the agricultural trade promotion center of the Ministry of agriculture and rural areas, said that the establishment of China’s Prefabricated vegetable industry alliance is a positive response to the urgent demands of the current development of the prefabricated vegetable industry. It provides an organizational guarantee for better promoting the high-quality development of the prefabricated vegetable industry and helping promote the integrated development of rural primary, secondary and tertiary industries.
For the prefabricated vegetable industry, China Securities Co.Ltd(601066) in its latest research report, pointed out that the prefabricated vegetable has a development history of more than 20 years in China, which does not appear out of thin air and will not be a flash in the pan. Under the influence of the epidemic, consumers’ pursuit of convenient life and safe food, as well as the demand for chain operation, cost reduction and growth rate of catering enterprises, have jointly triggered the explosive growth of the industry. Over the years, the foundation of cold chain logistics and the construction of catering supply chain have laid a solid foundation for this industrial feast.
Sealand Securities Co.Ltd(000750) said that under the epidemic, residents had to cook at home every day, which made many consumers experience the convenience brought by prefabricated vegetables and accelerated the C-end penetration of the prefabricated vegetables industry. In March, semi-finished dishes on platforms such as HEMA, dingdong shopping and Jingdong fresh food were in short supply. We are optimistic about the long-term development trend of the prefabricated vegetable industry. There is room to improve the penetration rate of both end B and end C, and the industry is in the early stage of rapid development. Caixin securities also believes that with the recurrence of the epidemic and the change of residents’ consumption habits, prefabricated dishes may become an important choice for “eating at home” and “lazy house economy”, which is expected to maintain a rapid growth rate in the future.
According to AI media consulting data, the scale of China’s Prefabricated vegetable industry is estimated to be 345.9 billion yuan in 2021, with a year-on-year increase of 18.1%. It is expected that China’s Prefabricated vegetable market will maintain a high growth rate of about 20% in the future, and the scale of prefabricated vegetable market will reach 516.5 billion in 2023.
However, some analysts warned that although the development prospect of the prefabricated vegetable industry is good, the short-term increase of the sector is too large, so we need to pay attention to the callback risk.
Better Life Commercial Chain Share Co.Ltd(002251) 8 tian7 board
As the “leading brother” of the concept stock of prefabricated dishes, Better Life Commercial Chain Share Co.Ltd(002251) has enjoyed unlimited scenery in the secondary market recently.
From April 11 to 15, Better Life Commercial Chain Share Co.Ltd(002251) share price rose for five consecutive trading days; In the intraday trading on April 18, Better Life Commercial Chain Share Co.Ltd(002251) share price showed the trend of “Earth Sky board”, and finally closed down 6.6%; On April 19, Better Life Commercial Chain Share Co.Ltd(002251) staged the “Earth Sky board” again, which opened at the daily limit and closed at the daily limit. On April 20, the company’s share price opened higher and closed the trading limit half an hour after the opening. By the closing, the trading limit was still sealed with more than 110000 orders.
Better Life Commercial Chain Share Co.Ltd(002251) is mainly engaged in supermarkets and department stores and serves Hunan, Guangxi, Jiangxi and Sichuan. Judging from the operating performance in recent years, Better Life Commercial Chain Share Co.Ltd(002251) is not particularly prominent. In the first three quarters of 2021, the company’s operating revenue was 10.47 billion yuan, a year-on-year decrease of 13.87%, and the net profit attributable to the owners of the parent company was 172 million yuan, an increase of 1.77% over the same period of the previous year.
The reason why it is called “prefabricated vegetable concept stock” is related to a news from the company last April. At that time, Better Life Commercial Chain Share Co.Ltd(002251) revealed that the company had signed a strategic cooperation framework agreement with Shuhai supply chain, a catering ingredient B2B company subordinate to Haidilao, a Chinese catering chain group. The two sides would conduct cooperation and discussion in the aspects of clean vegetable and prefabricated vegetable factory scene optimization cooperation, front warehouse logistics cooperation, joint commodity procurement, building a joint sales platform and capital cooperation.
In addition, on January 14 this year, Better Life Commercial Chain Share Co.Ltd(002251) replied to investors on the interactive platform that the company has master dishes (net side dishes) in operation; Prefabricated cooked products include sushi, rice balls, boxed meals, pickles and pastries. The packaged single dishes are jointly produced with congchu and Peng Jifang.
However, it should be pointed out that the prefabricated vegetable business accounts for a very small proportion in Better Life Commercial Chain Share Co.Ltd(002251) ‘s overall business. In the company’s 2020 annual report and 2021 semi annual report, the income from the prefabricated vegetable related business is not recorded.
strategic shareholder Nyingchi Tencent reduced its holdings and cashed out more than 84 million yuan
After the share price was hyped, Better Life Commercial Chain Share Co.Ltd(002251) ‘s third largest shareholder, Nyingchi Tencent, began to reduce its holdings and cash out. After holding shares for four years, Nyingchi Tencent is now reducing its holdings, which is meaningful.
On April 20, Better Life Commercial Chain Share Co.Ltd(002251) announced that the company had recently received a notification letter from Nyingchi Tencent, a shareholder holding more than 5%. Nyingchi Tencent reduced its holdings of 8.6391 million shares of the company through block trading on April 19, with a reduction ratio of 1% and an average reduction price of 9.75 yuan / share. Rough calculation, the cash reduction of Linzhi Tencent is about 84.23 million yuan.
After this equity change, Nyingchi Tencent holds Better Life Commercial Chain Share Co.Ltd(002251) 43195 million shares, accounting for 4999993% of the total share capital of the company. Nyingchi Tencent is no longer the shareholder holding more than 5% of the company. According to the announcement, Nyingchi Tencent will not rule out the possibility of increasing or reducing its shares in the company in the next 12 months.
Looking back, the cooperation between Better Life Commercial Chain Share Co.Ltd(002251) and Tencent began in February 2018. At that time, Better Life Commercial Chain Share Co.Ltd(002251) signed the strategic cooperation framework agreement with Shenzhen Tencent computer system Co., Ltd. (hereinafter referred to as “Tencent”) and Beijing Jingdong Century Trading Co., Ltd. (hereinafter referred to as “Jingdong century”). With the vision of jointly developing “smart retail” and “boundless retail”, the three parties agreed to establish a long-term strategic partnership.
At the same time of tripartite strategic cooperation, Tencent’s concerted action person, Nyingchi Tencent, also took shares in Better Life Commercial Chain Share Co.Ltd(002251) . At that time, Nyingchi Tencent received Better Life Commercial Chain Share Co.Ltd(002251) 5183 million shares, accounting for 6% of Better Life Commercial Chain Share Co.Ltd(002251) total share capital. Jingdong bangneng, the person acting in concert of Jingdong century, also received Better Life Commercial Chain Share Co.Ltd(002251) 431952 million shares, accounting for 5% of the total share capital of the company.
Better Life Commercial Chain Share Co.Ltd(002251) intends to reduce all shares repurchased last year
It is worth noting that Better Life Commercial Chain Share Co.Ltd(002251) itself wants to reduce its holdings and cash out at a high level while the strategic shareholder Nyingchi Tencent reduces its holdings and cash out.
On April 19, 2022, Better Life Commercial Chain Share Co.Ltd(002251) announced that the company plans to reduce its holdings of 12578500 shares repurchased from February to may last year after May 13, accounting for 1.456% of the total share capital of the company.
In February 2021, Better Life Commercial Chain Share Co.Ltd(002251) disclosed the repurchase plan and planned to use its own funds of RMB 100 million to RMB 200 million to repurchase shares, which is necessary for maintaining the value of the company and shareholders’ rights and interests. As of May 7, 2021, the company’s share repurchase plan has been implemented, and a total of 12578500 shares have been repurchased, with a repurchase amount of 100 million yuan (including transaction costs), about 7.95 yuan per share.
After eight days and seven boards, the latest share price of Better Life Commercial Chain Share Co.Ltd(002251) is 11.47 yuan / share. This means that the shares repurchased by the company last year have made a floating profit of 44%, with a floating profit of 44.28 million yuan.
As for the reasons for this reduction, Better Life Commercial Chain Share Co.Ltd(002251) explained that the purpose of repurchasing shares necessary for the company to maintain the company’s value and shareholders’ equity has been realized, and the reduction is to complete the subsequent disposal of repurchased shares.
Better Life Commercial Chain Share Co.Ltd(002251) the management believes that the reduction of the company’s repurchased shares will not have a significant impact on the company’s operation, finance and future development, and is conducive to supplementing the working capital used for the company’s various businesses.
however, some media pointed out that the sudden announcement of reduction after the sharp rise in share prices was “intriguing”
“delisting Xinyi” now has abnormal transactions, and the Shanghai Stock Exchange has taken regulatory measures
On April 20, a stock in the delisting consolidation period also attracted market attention.
The same day was the 14th trading day when delisting Xinyi ( Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) ) entered the delisting consolidation period. According to the regulations, the delisting consolidation period is 15 trading days, and the final trading day of delisting Xinyi is expected to be April 21. Subsequently, the Shanghai Stock Exchange will delist the company’s shares and terminate the listing of the company’s shares.
However, on the same day, delisting Xinyi appeared abnormal transactions. In the morning, the delisting Xinyi fell 3% at the opening, and then the share price fluctuated and rose. As of noon, the delisting Xinyi share price rose 9.68%, with an amplitude of nearly 13%.
At noon of the same day, the official microblog of Shanghai Stock Exchange released a notice on the abnormal trading of “delisted Xinyi” stocks: the company has issued risk warning announcements for many times in response to the delisting consolidation period of delisted Xinyi ( Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) ) stocks. On the morning of April 20, some investors had abnormal trading behaviors that affected the normal trading order of the market and misled the trading decisions of small and medium-sized investors, such as raising the stock price in the process of trading the stock. The Shanghai Stock Exchange took regulatory measures to continuously suspend account trading for relevant investors in accordance with regulations. The Shanghai Stock Exchange once again reminded investors to pay attention to risks and comply with transactions.
As of the closing, delisting Xinyi’s share price rose 9.68% to 0.34 yuan / share, with a turnover of 31.94 million yuan throughout the day, a turnover rate of 6.56%, and the latest market value of 510 million yuan. On the same day, delisting Xinyi released the eighth risk prompt announcement that the company’s shares entered the delisting consolidation period. The starting date of the transaction was March 30 and the delisting consolidation period was 15 trading days. If the whole day suspension is not considered, the final trading date is expected to be April 21.
Looking back, on March 22, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) announced that the Shanghai Stock Exchange decided to terminate the listing of the company’s shares, and the trading of the company’s shares will resume on March 30 and enter the delisting consolidation period. Thus, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) became the first delisting share of A-Shares in 2022.
On March 30, delisting Xinyi officially entered the delisting consolidation period. On that day, the share price plummeted 72.82%, and then the company’s share price remained volatile for more than ten days. During this period, the company issued risk warning announcements for many times.
