Which listed company brought more than 60 giant pandas to tourist attractions?

Zoos all over the world will be jealous: this listed company has entered the tourism industry, and there are more than 60 giant pandas in the scenic spot!

As we all know, the giant panda in MengMeng is the "national treasure" of China, and it takes hard diplomatic efforts for foreign zoos to borrow one or two pandas.

A star enterprise, which is at the forefront these days, acquired the scenic spot through related party transactions under the same real controller, and "won" more than 60 pandas in one fell swoop.

On the evening of May 29th, Oriental Garden suddenly announced that it planned to plan a major asset reorganization and planned to acquire Ya 'an Oriental Bifengxia Tourism Co., Ltd. (hereinafter referred to as Bifengxia Company) under the actual controller. The company's stock is expected to be suspended for no more than 1 month from May 25th.

China Research Center for the Protection of Giant Panda has its base in Bifengxia Scenic Area. There are now more than 60 giant pandas in the base, and more than 20 giant pandas are open to tourists.

Image source: Bifengxia Scenic Area, official website.

Related party transactions avoid horizontal competition.

The announcement shows that the listed company "Oriental Garden Environment Co., Ltd." and the controlling shareholder of Bifengxia Company "Oriental Garden Industry Group" are related legal persons under the control of the same actual controller.

On May 30th, the related person of Oriental Garden explained the related party transaction to the reporter of National Business Daily. "This acquisition is mainly to solve the problem of horizontal competition."

According to the data, Bifengxia Company was established in June of 1.998+0.65438, mainly engaged in the management of parks and scenic spots, literary creation and performance, and passenger service in sightseeing bus. The company is mainly responsible for the investment and operation of Bifengxia Scenic Spot in Ya 'an, Sichuan, and was awarded the first batch of 4A-level scenic spots in China in 200 1 year. .

20 15 12, the company introduced the strategic investment of Beijing Oriental Garden Industry Group to control Bifengxia Scenic Area.

At the end of 20 15, Oriental Garden Industry Group signed a strategic cooperation agreement with the local government of Ya 'an. According to the agreement, in the next five years to 10, Oriental Garden will focus on Bifeng Gorge and invest 5 billion yuan in tourism development for Ya 'an, which will boost the city's global tourism development and the construction of leisure and holiday destinations with international characteristics. "Bifengxia is an important strategic project of the cultural tourism business of Oriental Garden Group," Jin Jian, president of Oriental Garden Industry Group, said at that time.

Oriental Garden announced in August last year that Oriental Garden Industry Group holds 60% equity of Bifengxia Company, and Chengdu Wanguan and Chengdu China Railway Southwest International Logistics Co., Ltd. hold 22.89% and 17. 1 1% equity respectively.

Official website shows that Bifengxia Scenic Area is mainly composed of three parts: the wildlife world, the ecological canyon scenic area and the giant panda base. "Attraction tickets 1 18 yuan/person, zoo tickets 180 yuan/person, and food tickets." The staff of the above Bifengxia Scenic Area said.

However, at present, the ticket revenue of Bifengxia scenic spot cannot be included in the listed company system.

According to the National Development and Reform Commission's Notice on Rectifying and Standardizing the Ticket Price of Visiting Points:

"World heritages, scenic spots, nature reserves, forest parks, cultural relics protection units and places for religious activities in scenic spots that rely on national resources shall not be packaged and listed with the right to operate tickets and the right to develop and operate scenic spots."

Image source: Bifengxia Scenic Area, official website.

The previous announcement of Oriental Garden also confirmed that "the canyon scenic spot operated by Bifengxia is a provincial-level scenic spot, and its ticket income cannot be included in the operating income of listed companies."

Panda base is one of the selling points of the scenic spot.

Oriental Garden has long planned to bring Bifengxia Company into the listed company system.

In May last year, Oriental Garden, a listed company, announced that it would extend its industrial layout and carry out global tourism business, but Oriental Garden Industry Group has already laid out global tourism. He, the actual controller, said that if a listed company carries out global tourism, its Oriental Garden Industry Group will stop expanding its global tourism business, and the global tourism projects undertaken by the industrial group will be transferred to the listed company.

2065438+In August, 2007, Oriental Garden announced that in view of the fact that the board of directors had previously decided to carry out global tourism business, in order to avoid horizontal competition, the company has now started to include Bifengxia-related business in listed companies.

Image source: Bifengxia Scenic Area, official website.

It is worth noting that Bifengxia Scenic Area has always regarded the "national treasure" giant panda as one of the selling points of the scenic spot. Official website, a scenic spot, said that there are now more than 60 giant pandas in the scenic spot.

According to the data, the Giant Panda Base in Bifengxia Scenic Area belongs to China Giant Panda Protection Research Center. The research center was established by Wolong Nature Reserve in cooperation with the World Wildlife Fund. At present, the competent unit is the State Forestry Administration (now renamed the State Forestry and Grassland Bureau).

From 2065438 to July 2006, China Giant Panda Conservation Research Center signed a strategic cooperation framework agreement with Oriental Garden Industry Group. The two sides discussed the development and investment of panda-themed tourism projects and the development and operation of panda sports projects. From 20 17 to 17, Ya 'an Forestry Bureau went to Bifengxia base for investigation, focusing on the benefit sharing in the development cooperation between panda base and scenic spot.

Evaporating tens of billions of market value in 4 days

Earlier, it was reported that the issuance of Oriental Garden bonds was cold: the company issued 654.38 billion yuan of corporate bonds, and the actual fundraising scale was only 50 million yuan.

The cold bond issuance will soon bring a chain reaction: in the four trading days from May 2 1 day, the market value of Oriental Garden fell by 102 billion yuan, with a cumulative decline of 19.58% in one week.

During the period, although the company issued announcements on the morning of May 22nd and May 24th, which conveyed the information that the company was operating normally and its debts were repaid normally, it failed to boost the company's share price.

On May 25th, Oriental Garden chose "suspension for disaster avoidance", and the expected suspension time is 1 month. This "willful" move also led to the exclusion of oriental gardens from the MSCI list.

Prior to this, on May 15, Oriental Garden was included in the public utility group of MSCI index system, and MSCI required that the constituent stocks be suspended for no more than 50 days. More than one year, no longer included.

On May 30th, Morgan Stanley Capital International Company issued a temporary announcement that Oriental Gardens would not be included in MSCI China Index for the time being.

Source: Netease News