Zhu Linyao Net Worth 2 Billion U.S. Dollars Female Regal: Part 2

The successful listing assets soared 10 billion

At this point, Essence Spice in the domestic industry has been quite right to speak Huabao Group began to seek listing in the HKEx and look to the listing of the Special Limited Shell Resources. At that time of year after year due to special losses also have a strong will of the reorganization of assets, the two sides were amenable to the idea. March 2004, the special force to the price per share of 0.1 Hong Kong dollar, to Zhu Linyao100% holding MogulEnterprisesLimited issued 173.1 million common shares, the company changed its name to Huabao International. After the success of backdoor listing, Zhu Linyao its Essence Spice's business to ChemactiveInvestmentsLimited name, packaged into a listed company, the company Zhu Linyao in the British Virgin Islands-registered 100 per cent holding subsidiaries, including the establishment of the name Shanghai Huabao Shanghai company, Huabao Peacock, and other high-quality assets. As previously Zhu Linyao listed companies have a 90.99 percent stake in the asset injection is completed, the proportion of its holdings have been as high as 97.57 percent.

Since then, Zhu Linyao began a reduction of its cash in the course several times. August 4, 2006, Huabao International announced that, Zhu Linyao intends to hold direct and indirect holding of 2.747 billion convertible preference shares converted into ordinary shares in full and the exercise of warrants, to the public placing 690 million shares of common stock . Since then, Zhu Linyao completion of a share placement of 2.2 Hong Kong dollar, cash in one stroke about 15 billion Hong Kong dollars. January 17, 2007, Huabao International once again announced, Zhu Linyao wishes to make public shareholders placing 277.3 million shares, the placing price of 4.56 Hong Kong dollar per share, the Zhu Linyao generating approximately 1.265 billion Hong Kong dollar. This year on March 26, Huabao International announced that, Zhu Linyao has acquired an independent third party to a Essence Spice business, the payment of part of the price, Zhu Linyao to 6.5 Hong Kong dollar per share to the other side of the 6942 transfer of shares, again Success of the Hong Kong dollar 451 million cash. After several transfers, Zhu Linyao shareholding ratio has dropped to 65.22 percent.

Yesterday, Huabao International closed at 6.15 Hong Kong dollar, as calculated, Zhu Linyao currently owned by stock market value of about 12.33 billion Hong Kong dollar.

China's top 10 clients include tobacco brand

According to Huabao International annual report, company principally engaged in tobacco, food Essence Spice of the development, production and sales. The current development strategy to "adhere to the tobacco essence as the core and essence of food to speed up the pace of development, actively expand on the essence."

As of March 31, 2008, Huabao International Tobacco essence of the sales income over a year earlier, an increase of 37.7 percent, while the present, China's top 10 cigarette companies have all become the Huabao International the ultimate customer. According to the company annual report revealed that in 2007 the sales of the top 10 cigarette brands Hongmei, Baisha, Hong Jinlong, the Red River, Hade Men, Huangguoshu, Hongqi Canal, Red Camellia, double happiness, Hongtashan companies were existing customers, of which Camellia and the only non-Hong Jinlong company's core suppliers.

Link: Zhu Linyao Net Worth 2 Billion U.S. Dollars Female Regal: Part 1

Source: National Business Daily Aug. 5, 2008