Master Kong will purchase equity from PepsiCo China PepsiCo Chinese shareholders

(Reporter Hu Xiaohong) After the Coca-Cola acquisition of Huiyuan lost, the Chinese beverage industry may have major mergers and acquisitions. The main body of the merger and acquisition is Master Kong. The target of acquisition is Coca-Cola's oldest family, PepsiCo.

Master Kong's meeting today or will talk about the acquisition reporter learned yesterday that Master Kong Holdings will acquire the business of PepsiCo China. At the same time, the Internet has also rumors recently, there are mainly two kinds of arguments, one is Master to acquire the operating rights of Pepsi-Cola China, one is that Master Kong acquired 51% of the shares of PepsiCo China.

The reporter was also informed yesterday that Master Kong will hold a conference call this afternoon. The topics of the meeting may be related to this acquisition.

In response to the above news, the reporter interviewed PepsiCo and Master Kong yesterday. In response to reporters' questions on past issues, Ms. Fan, the person in charge of PepsiCo, sent a brief reply to the reporter. The reporter did not comment on the above message, but said: “Thank you for your interest in Pepsi. We have news to answer you. ."

In an interview with reporters yesterday, the Hong Kong-listed person in charge of Master Kong indicated that he would ask the company’s colleague responsible for the business of the Hong Kong Stock Exchange. He later told reporters that he did not ask the core content of this matter. At present, no one can Confirm or deny this matter. If things are true, the company will certainly issue an announcement.

PepsiCo China’s shareholders sold their shares. “If Pepsi is actually selling equity, is it related to poor sales in China?” Regarding this issue, Pepsi did not respond yesterday, saying: “This is the company’s independent exercise of its own business decisions. We should not comment more on the conduct that is currently under legal procedures."

However, PepsiCo’s Chinese shareholders have already had three equity sales this year, and all three companies are at a loss. The most recent sale was the Chinese shareholder of Fuzhou Pepsi Cola Drinks Co., Ltd. ("Fuzhou Pepsi") currently being listed and transferred, and China Light Industry Foreign Economic and Technical Cooperation Fujian Co., Ltd., which sold all of its holdings at a price of 13.7085 million yuan. 11.1% of the shares.

At the beginning of this year, Beijing Yiguang Holding Co., Ltd., which holds a 50% stake in each of PepsiCo (China) Investment Co., Ltd., also transferred 15% of the shares of Beijing Pepsi Cola Beverage Co., Ltd. held through the property rights exchange; in August this year, Shenzhen Pepsi Cola Beverage Co., Ltd. Shenzhen Shenbao Industrial Co., Ltd., a Chinese shareholder of the company, sold 15% equity of Shenzhen Pepsi Co.

The industry speculated that losses were the main reason for Chinese shareholders to sell Pepsi Co.’s shares.

According to the listing and transfer information display, Beijing PepsiCo’s operating profit loss for the year 2009 was 37,851,700 yuan. In the first 10 months of 2010, the operating profit loss was 74.468 million yuan. The income from the main business of Shenzhen Pepsi Cola Beverage Co., Ltd. last year was 1.5 billion yuan and the net loss was 67.42 million yuan. According to the reporter's website on the Tianjin Property Rights Exchange Center, in 2010, the net loss of Fuzhou's Pepsi business was 56.015 million yuan, and the total liabilities were 2861.903 million yuan.

It is understood that in 2008, Pein, chairman and CEO of Pepsi, announced an investment of US$1 billion in China in the next four years. In 2010, he also said that he would increase investment by US$2.5 billion in the next three years. Why was it that the capital increase plan was not yet completed when it was revealed that it would be necessary to sell Master Kong? In response, Pepsi did not respond yesterday.