16.04.2020 Haier Smart Home Co.,Ltd.  CNE1000031C1

DGAP-News: Announcement Regarding the Updates in Relation to the Possible Privatisation of Haier Electronics Group Co., Ltd.


 

DGAP-News: Haier Smart Home Co.,Ltd. / Key word(s): Mergers & Acquisitions
Announcement Regarding the Updates in Relation to the Possible Privatisation of Haier Electronics Group Co., Ltd.

16.04.2020 / 16:26
The issuer is solely responsible for the content of this announcement.


Announcement pursuant to Section 50 para. 1 no. 2 German Securities Trading Act (WpHG)

Announcement Regarding the Updates in Relation to the Possible Privatisation of Haier Electronics Group Co., Ltd.

Qingdao / Shanghai / Frankfurt, 16 April 2020 - Haier Smart Home Co., Ltd. (D-Share ISIN CNE1000031C1, A-Share ISIN CNE000000CG9, "Haier Smart Home" or the "Company") published an announcement pursuant to the Hong Kong Code on Takeovers and Mergers and a reminder announcement on the Shanghai Stock Exchange with regard to the updates in relation to the Possible Privatisation of Haier Electronics Group Co., Ltd.

On 12 December 2019, Haier Smart Home Co., Ltd. (the "Company") made a clarification announcement to clarify the news report regarding the planning of a H-share listing and privatisation of Haier Electronics Group Co., Ltd. (the "Haier Electronics", a company incorporated in Bermuda and listed on The Stock Exchange of Hong Kong Limited (stock code: HK 1169), and the proposal of a possible privatisation of Haier Electronics, the "Possible Privatisation").

This clarification announcement was published pursuant to Art. 17 para. 1 MAR.

1. Current Progress

The Company has made the following announcements:

(1) the announcement pursuant to Rule 3.7 of the Hong Kong Code on Takeovers and Mergers (the "Takeovers Code") in relation to the Possible Privatisation on 16 December 2019 on HKEXnews website (http://www.hkexnews.hk);

(2) the announcement in relation to the updates on the number of relevant securities of the Company pursuant to Rule 3.8 of the Takeovers Code on 17 December 2019 on HKEXnews website (http://www.hkexnews.hk); and

(3) the monthly update announcement (jointly announced with Haier Electronics) pursuant to Rule 3.7 of the Takeovers Code in relation to the Possible Privatisation of Haier Electronics on 16 January 2020 on both HKEXnews website (http://www.hkexnews.hk) and Shanghai Stock Exchange website (www.sse.com.cn).

(4) the monthly update announcement (jointly announced with Haier Electronics) pursuant to Rule 3.7 of the Takeovers Code in relation to the Possible Privatisation of Haier Electronics on 14 February 2020 on both HKEXnews website (http://www.hkexnews.hk) and Shanghai Stock Exchange website (www.sse.com.cn).

(5) the monthly update announcement (jointly announced with Haier Electronics) pursuant to Rule 3.7 of the Takeovers Code in relation to the Possible Privatisation of Haier Electronics on 16 March 2020 on both HKEXnews website (http://www.hkexnews.hk) and Shanghai Stock Exchange website (www.sse.com.cn).

2. Monthly Updates

In compliance with Rule 3.7 of the Takeovers Code, monthly announcement(s) setting out the progress of the talks or the consideration of the Possible Privatisation will be made until an announcement is made of a firm intention to make an offer under Rule 3.5 of the Takeovers Code or of a decision not to proceed with the Possible Privatisation.

Therefore, the Company has made a monthly update announcement (jointly announced with Haier Electronics) pursuant to Rule 3.7 of the Takeovers Code in relation to the Possible Privatisation of Haier Electronics (the "Monthly Update Announcement") in the evening of [16] April 2020 on HKEXnews website (http://www.hkexnews.hk). The Monthly Update Announcement mainly states that the Company has been continuing to explore the proposal on the Possible Privatisation, and has been in ongoing consultations with the relevant regulators concerning the proposed transactions being explored in that regard; and as at the date of the announcement the Company has not furnished a definitive Possible Privatisation proposal to Haier Electronics, no agreement or other commitment has been made by the Company as to whether to proceed with the Possible Privatisation and the details and terms (including the exchange ratio and the timetable) of the Possible Privatisation are yet to be finalised, and there is no certainty that the Possible Privatisation will proceed.

3. Others

The Company will make timely announcements in accordance to applicable rules and regulations. China Securities Journal, Shanghai Securities News, Securities Times, Securities Daily and Shanghai Stock Exchange website (www.sse.com.cn) are the designated disclosure media of the Company. The Company will publish any information that it publishes and that may be of importance to the public in the European Union and the European Economic Area pursuant to Section 50 para. 1 German Securities Trading Act (WpHG). All investors are advised to exercise caution in dealing in the securities of the Company.

Important notice: As at the date of this announcement, the Company has been continuing to explore the proposal on the Possible Privatisation, and has been in ongoing consultations with the relevant regulators concerning the proposed transactions being explored in that regard; and the Company has not furnished a definitive Possible Privatisation proposal to Haier Electronics, no agreement or other commitment has been made by the Company as to whether to proceed with the Possible Privatisation and the details and terms (including the exchange ratio and the timetable) of the Possible Privatisation are yet to be finalised, and there is no certainty that the Possible Privatisation will proceed.


About Haier Smart Home Co., Ltd.:
Haier is one of the world's leading manufacturers of household appliances with a focus on smart home solutions and customized mass production. Haier Smart Home Co., Ltd. develops, produces and distributes a wide range of household appliances. These include refrigerators, freezers, washing machines, air conditioners, water heaters, kitchen appliances as well as smaller household appliances and an extensive range of intelligent household appliances. The Company distributes its products through leading household brands such as Haier, Casarte, Leader, Candy, GE Appliances, AQUA and Fisher & Paykel. Haier Smart Home Co., Ltd. has developed three platforms - the cloud-based platform U+ Smart Life, which offers customers integrated smart home solutions, the smart manufacturing platform COSMOPlat, which enables customized mass production, and the online platform Haier Smart Home APP, which facilitates the integration of Haier's online, offline and micro-store businesses and supports user interaction to further optimize the user experience.

IR contact:
Yao Sun (Sophie) - Qingdao Haier Germany
T: +49 6172 9454 143
F: +49 6172 9454 42143
M: +49 160 9469 3601
Email: [email protected]



16.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Haier Smart Home Co.,Ltd.
Haier Industrial Park, Laoshan District
266101 Qingdao
China
Phone: +49 6172 9454 143
Fax: +49 6172 9454 42143
E-mail: [email protected]
Internet: www.haier.net
ISIN: CNE1000031C1, CNE000000CG9 (A-share),
WKN: A2JM2W
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1022991

 
End of News DGAP News Service

1022991  16.04.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 10.916,20 14.474,20 18.737,40 22.376,80 24.400,80 26.227,20 0,00
EBITDA1,2 822,38 924,87 1.789,93 1.993,98 2.557,57 2.496,98 0,00
EBITDA-Marge3 7,53 6,39 9,55 8,91 10,48 9,52 0,00
EBIT1,4 785,09 865,24 1.409,63 1.402,34 1.756,20 1.700,49 0,00
EBIT-Marge5 7,19 5,98 7,52 6,27 7,20 6,48 0,00
Jahresüberschuss1 720,28 813,43 1.111,37 1.203,21 1.499,14 1.415,95 0,00
Netto-Marge6 6,60 5,62 5,93 5,38 6,14 5,40 0,00
Cashflow1,7 681,27 979,17 2.093,42 2.326,64 1.833,16 950,31 0,00
Ergebnis je Aktie8 0,09 0,10 0,17 0,18 0,22 0,16 0,15
Dividende8 0,00 0,00 0,00 0,05 0,05 0,05 0,05
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Hexin Certified Public Accountants

INVESTOR-INFORMATIONEN
©boersengefluester.de
Haier Smart Home
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2JM2W 1,500 Halten 14.096,28
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,00 10,00 1,00 10,00
KBV KCV KUV EV/EBITDA
1,69 14,83 0,54 5,36
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,05 0,05 3,33 25.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.04.2020 28.08.2020 29.10.2020 30.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-3,16% -11,97% -6,25% 48,51%
    
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Konsumgüter , A2JM2W , 690D , XETR:690D