Biguiyuan'S Acquisition Of Huada Agriculture Is Still In The Process Of Negotiations, Business Sector Adjustment And Personnel Optimization.

Counter cyclical adjustment has become one of the key words of this year, and structural adjustment has also become a trend of transformation. The big Chinese gene that has been repeatedly affected has become one of them.

The cooperation between Huada agriculture and Biguiyuan agricultural sector has further news. People close to Huada agriculture told reporters on twenty-first Century economic report that when the country garden purchased the Huada agriculture, once it was reached, the current situation is that Biguiyuan will not retain the vast majority of employees of Hua Yuan's big agriculture. Huada has begun to optimize the staff situation, giving priority to other departments within the group to choose from. At present, some employees of Huada agriculture have chosen to leave the group and find another way out.

Recently, public information shows that Huada agriculture has pledged equity to Biguiyuan. After announcing its entry into modern agriculture, Biguiyuan came out to acquire Huada group's subsidiary company, Shenzhen Huada gene agriculture Holding Co., Ltd. Public information shows that in October 30, 2018, the Chinese big gene agriculture had once obtained the merger and acquisition financing, by Biguiyuan investment.

In November 5th, Hua Da responded exclusively to the economic report of twenty-first Century, saying that negotiations between the two sides are still in progress. From the overall strategy of Huada group, the company will continue to focus on China's big gene and China Dazhi to build two core business segments. At the same time, taking Huada agriculture as an example, the company also hopes to promote external cooperation under the premise of complementary resources and jointly build a new pattern of modern agriculture. For the normal flow of employees, the company will strictly enforce relevant laws and regulations.

According to the information disclosed to reporters by China economic news in twenty-first Century, Huada hopes to cooperate with Biguiyuan in the field of agriculture, make use of the advantages of Huada in agricultural genetic technology, and cooperate with the advantage of the market operation of Biguiyuan.

"Scandal" with Biguiyuan for a long time

Currently, the listed Chinese giant gene is only a subsidiary of Huada group. Huada group itself also includes research institutes, colleges, academic GigaScience, intelligent manufacturing (sequencer Development), agriculture, justice, health and other sectors.

Huada agriculture was founded in March 29, 2016. Public information shows that Huada agriculture has achieved full penetration from genome to gene mining to molecular breeding, and has completed over 20 thousand genome data acquisition of agricultural species, with more than 70% of the global agricultural genome data.

According to the information of Huada agricultural official website, the company covers a wide range of fields, such as cultivation of new varieties of plants and animals, agricultural cultivation, animal husbandry, deep processing of agricultural products, and research and application of microecology. It has all kinds of advanced biological and breeding laboratories, glass greenhouse, and Mu breeding, planting bases and industrial bases.

The rumour that Huada agriculture has been sold to Biguiyuan has existed for a long time.

In March 2018, Yang Guoqiang, founder and board chairman of Biguiyuan Holdings Limited, publicly stated that he would enter modern agriculture and take part in the rural revitalization plan. As early as the second half of 2018, there was news that Huada holdings intends to sell its Huada agriculture to the real estate business Biguiyuan group, but the price has not been discussed. According to the original plan, the acquisition will be completed before November 2018, but it has not been completed on schedule.

At the same time, Mei Yonghong, chairman of Huada agriculture, is going to switch to Biguiyuan. In August 8, 2018, the appointment documents issued by Mo Bin, President of the group, showed that Mei Yonghong was also chairman of huadai agriculture and President of Biguiyuan agriculture.

When architecture integration is in progress

Zhu Yanmei, executive vice president of Huada holdings, said in an interview with the twenty-first Century economic report reporter in May this year: "Huada has gone through a series of disturbances in the past, including the downward cycle of the overall macro environment and the fluctuation of stock prices at the level of listed companies. The group is aware of the need to focus more on the main business. On the basis of these lessons, we will continue to focus on the big genes of China listed companies and the China Dazhi board that has just completed over 200 million US dollars. Taking into account the profitability and commercialization process, the company made a series of optimization and adjustment focus on the relevant plate. In terms of future health, it will continue to focus on the most closely related microbes, probiotics and the most relevant business related to reading, writing and storage, such as physical examination.

As far as the mainstream business level is concerned, the Chinese side has also continued to act. As early as last year, Hong Kong listed companies announced that it was going to buy 70% stake in Shenzhen huadai Marine Technology Co., Ltd., and the total consideration price of the acquisition was RMB 85 million yuan, which was announced by 01662.HK. In March 5, 2019, the announcement of Yihe holdings showed that the transaction was completed.

The data show that Huada ocean has developed its business in many fields, including protection and utilization of aquatic genetic resources, molecular breeding of aquatic species, ecological and industrial cultivation, extension of new varieties and technologies, intensive processing of aquatic products, import and export trade and so on. In the first 9 months of 2018, the net profit after the tax was 17 million 760 thousand yuan.