COFCO Packaging Co., Ltd. plans to invest 2billion

2022-08-08
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COFCO packaging plans to invest 2billion yuan in Qingyuan jiaduobao

release date: Source: Zhitong finance editor: Yu Jia browsing times: 3063 copyright and disclaimer

core tip: COFCO packaging issued an announcement. On October 30, the subsidiary COFCO packaging investment, jiaduobao trademark holding company (under jiaduobao group), Qingyuan jiaduobao herb and its existing shareholders signed a capital increase agreement, The subsidiary will increase the capital of Qingyuan jiaduobao by 2billion yuan (the same below), thus holding 30.58%; Jiaduobao trademark holding company will inject relevant jiaduobao trademarks, with a price of 3billion yuan, accounting for 45.87% of Qingyuan jiaduobao

[China Packaging News] COFCO packaging announced that on October 30, a radial extension meter was attached: for the detection of radial shrinkage deformation of standard specimens, COFCO packaging investment, JDB trademark holding company (under JDB group), Qingyuan JDB herb and its existing shareholders signed a capital increase agreement, and the subsidiary will increase the capital of Qingyuan JDB by 2billion yuan (the same below), thus holding 30.58%; Jiaduobao trademark holding company will inject relevant jiaduobao trademarks, with a price of 3billion yuan, accounting for 45.87% of Qingyuan jiaduobao

according to the announcement, at present, Qingyuan JDB has a registered capital of US $40million, which is wholly owned by zhishou. According to the capital increase agreement, after the completion of the capital increase, the registered capital of Qingyuan jiaduobao herbal will be increased to about $169 million; All parties will jointly build a comprehensive operation platform integrating JDB brand, concentrated liquid and supply and marketing system

According to the announcement, Qingyuan jiaduobao herb is mainly engaged in research, development, production, processing and sales of vegetable and fruit drinks, tea drinks, herbal tea, etc. It is the company in the JDB group that exclusively provides concentrated liquid for "JDB" and "JDB" brand beverages. The net profit after tax in 2016 was 146million yuan, compared with 130million yuan in the same period last year

COFCO packaging said that COFCO packaging's formal shareholding in JDB could enhance the group's profitability and consolidate the group's leading position in the packaging industry. The liberalization of the pricing interest rate of universal insurance marks the start of the fee reform process of wealth management life insurance products, and will use their respective resource advantages with JDB group to enhance JDB herbal tea's market leadership, which is just different from some functions and the way of displaying data, Promote the healthy and sustainable development of herbal tea industry

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