Unexpectedly, The Family Bought 560 Million Stake In Tianjin Factoring Company.

Recently, the house of Beijing announced that a wholly owned subsidiary, the new home retail chain Group Co., Ltd. of Beijing, was proposed to become a wholly owned subsidiary of the company's controlling shareholder, Beijing incredibly home investment holding group limited. The Efficient Finance Holding Ltd signed the share transfer agreement before January 7, 2020. The new retail company intends to acquire a 100% stake in the company's commercial housing factoring Co., Ltd. (hereinafter referred to as Tianjin factoring company) at a transaction price of RMB 560 million. The transaction has been examined by the board of directors. After the completion of the transaction, Tianjin's company will become a wholly owned subsidiary of the company.

According to the announcement, Tianjin's home business factoring Co., Ltd., its legal representative is Fang Han Su, whose registered capital is 300 million yuan, and the controlling shareholder is Efficient Finance Holding Ltd, which accounts for 100 percent of the shares. The company's current business is mainly to rent the stores directly in the home of the company, and engage in the factoring business.

It is understood that in recent days, the new Limited by Share Ltd group's renamed and listing ceremony was held at the Shenzhen Stock Exchange. At this point, nearly 1 years later, the home of the Chinese businessman in Wuhan was restructured and listed on the stock market. The securities of "Wuhan Zhong Shang" were changed to "the home unexpectedly".

After the listing, the shareholding structure of the house was as follows: the majority shareholder and controlling shareholder held 42.68% of the investment holding company, Huoerguosi Huaxin reached 12.7% of its holdings, and Alibaba held 9.58% of its shares, the top three shareholders. Among them, the chairman and chairman Wang Linpeng held 6.55% of their own shares.

However, what worries market investors is whether the house can fulfill its performance commitments as long as it completes the four years' gambling period.

According to the profit forecast compensation agreement signed by Wuhan merchants and performance pledges, the assets of the assets reorganization and listing will be completed. In the three years from 2019 to 2021, the net profit attributable to the owners of the parent company after the deduction of non recurring gains and losses will not be less than 2 billion 60 million yuan, 2 billion 420 million yuan or 2 billion 720 million yuan respectively, and the performance undertaking also promised that the net profit of 2022 should not be less than 3 billion 50 million yuan.