Next Monday (January 24), the 25 million shares Anhui Gujing Distillery Company Limited(000596) (000596. SZ) scheduled to be added in July last year will be lifted. The market value of the lifting of the ban was 5.225 billion yuan, compared with 200 yuan / share at the time of fixed increase last year. As of the closing on January 21, Anhui Gujing Distillery Company Limited(000596) closed at 215.5 yuan, with a half year yield of 7.75%.
According to the fixed increase data, on July 20 last year, a total of 13 institutional investors were allocated 25 million shares, with a sales restriction period of 6 months. Among them, e fund is the largest subscriber of Anhui Gujing Distillery Company Limited(000596) This fixed increase, with a total subscription of 12.75 million shares, amounting to 2.55 billion yuan, accounting for more than half of the total fund-raising.
Table: details of allocated shares and market value of 13 institutions participating in fixed increase source: wind interface news research department
Followed by ICBC Credit Suisse, China Merchants Fund, Wells Fargo fund, CAITONG fund and Guotai Junan Securities Co.Ltd(601211) , which were allocated 2.15 million shares, 2 million shares, 1.275 million shares, 1.13 million shares and 1.125 million shares respectively, with an allocation amount of 430 million yuan, 400 million yuan, 255 million yuan, 226 million yuan and 225 million yuan.
Meanwhile, JPMorgan Chase Bank, Taiping fund, Huatai Securities Co.Ltd(601688) asset management company, Morgan Stanley & CO (Morgan Stanley) and China Life Insurance Company Limited(601628) asset management company were allocated 750000 shares respectively, with a corresponding amount of 150 million yuan.
From the stock price trend after Anhui Gujing Distillery Company Limited(000596) fixed increase, individual stocks hit a new high of 278 yuan on December 14 last year. Since December 29 last year, the share price has fallen sharply, once falling to a low of 200.01 yuan.
Anhui Gujing Distillery Company Limited(000596) three quarterly report shows that the ten largest tradable shareholders in the past, the business of Zhong Xing Baijiu index fund, the emerging growth mix of the Great Wall, the Yi Fang Da consumer industry all added the stock. The number of shares held by Jingshun Great Wall Dingyi mixture remained unchanged at 4995400 shares.
Table: details of the top ten circulating shareholders disclosed by Anhui Gujing Distillery Company Limited(000596) at the end of the third quarter of last year source: wind interface news research department
According to the recently disclosed four seasons report of e fund consumer industry, Xiao Nan reduced 594300 shares Anhui Gujing Distillery Company Limited(000596) . By the end of 2021, the fair value of her position was 2.465 billion yuan, accounting for 7.94% of the net asset value of the fund.
Xiao Nan said that looking back at the four quarter of 2021, although some negative factors of the consumer sector were eased slightly, but there was no complete improvement, resulting in a slight rebound in the Baijiu and home appliances sector, and then plunged into the game market. This shows that investors lack confidence in the long-term variables such as policies, epidemic situation and macroeconomic.
spent hundreds of millions to participate in the fixed growth for half a year, and the yield is only single digits. Why didn’t Anhui Gujing Distillery Company Limited(000596) make the organization make a lot of money this time? This is related to the volatile market of the consumer sector in the past six months.
“At the end of last year, the consumer sector ushered in a wave of recovery, but affected by the short-term epidemic, the high-end consumption, especially the wine sector, fluctuated again.”. Yan Dong, fund manager of Penghua liquor index, said that for the liquor sector, the market has recently paid more attention to this year’s tax collection policy. Although it will not be implemented soon in the short term, it is indeed a phased risk point worthy of attention.
For the rising price of Baijiu, Yan Dong believes that liquor enterprises will be able to carry out the pressure of cost side by way of price increase, thus ensuring that the approximate growth rate will maintain a steady growth this year. Therefore, the consumption sector is still one of the relatively preferred sectors for robust investors this year.
