Core Viewpoint - The control of the snack company, Liangpinpuzi, is contested between two state-owned enterprises, Guangzhou Light Industry Group and Wuhan Yangtze International Trade Group, leading to a legal dispute over a share transfer agreement [2][3][4]. Group 1: Legal Dispute - Guangzhou Light Industry Group has filed a lawsuit against Ningbo Hanyi, the controlling shareholder of Liangpinpuzi, for breach of contract regarding a share transfer agreement worth approximately 996 million yuan [2][3]. - The lawsuit arose after Ningbo Hanyi initially signed a share transfer agreement with Guangzhou Light but later breached it by transferring shares to Wuhan Yangtze International Trade Group, resulting in a "one share sold twice" situation [2][3]. - The court has accepted the case, and Guangzhou Light has taken measures to freeze 19.89% of Ningbo Hanyi's shares, which has hindered new transactions [4][5]. Group 2: Acquisition Interests - Both Guangzhou Light and Wuhan Yangtze International Trade Group are interested in acquiring Liangpinpuzi, with Guangzhou Light's earlier engagement with Ningbo Hanyi being documented in a signed agreement in May [3][8]. - The acquisition prices proposed by both parties are below the market price, with Guangzhou Light offering 12.42 yuan per share and Wuhan Yangtze offering 12.34 yuan per share, while the market price was 13.05 yuan per share as of July 23 [5][8]. Group 3: Strategic Importance - Guangzhou Light aims to enhance its presence in the snack market through Liangpinpuzi, which aligns with its strategy to become a competitive fashion consumer goods group [8][11]. - Wuhan Yangtze International Trade Group, established in 2022, focuses on modern logistics and supply chain management, which could provide Liangpinpuzi with significant supply chain advantages [9][10]. - The competition between the two state-owned enterprises reflects the strategic value of Liangpinpuzi in the snack industry, despite its recent performance challenges [11][12].
广州、武汉两地国资“争夺”良品铺子 控股股东一股两卖被起诉