A股發行價低于預案區間下限東電B轉A進程再提速【中國證券報】
繼(ji)2月21日(ri)(ri)披露換股(gu)吸收合(he)并(bing)預案(an)后，東電(dian)B于9日(ri)(ri)再次公告，確認浙(zhe)能(neng)(neng)電(dian)力(li)(li)(li)A股(gu)發行價格，同(tong)時(shi)浙(zhe)能(neng)(neng)電(dian)力(li)(li)(li)控股(gu)股(gu)東浙(zhe)能(neng)(neng)集團就(jiu)浙(zhe)能(neng)(neng)電(dian)力(li)(li)(li)上市后A股(gu)股(gu)票相關事宜作出增持承諾。此舉意味著東南(nan)發電(dian)“B轉A”項目進程再提速。截至4月8日(ri)(ri)收盤，東南(nan)發電(dian)自復牌(pai)之日(ri)(ri)起(qi)，累計漲(zhang)幅已達35.89%。
公告(gao)顯示(shi)，浙能電力本次換(huan)股(gu)(gu)(gu)(gu)吸收合并(bing)將(jiang)發(fa)行(xing)1,072,092,605股(gu)(gu)(gu)(gu)A股(gu)(gu)(gu)(gu)股(gu)(gu)(gu)(gu)票(piao)，發(fa)行(xing)股(gu)(gu)(gu)(gu)數(shu)占浙能電力本次發(fa)行(xing)完成后總股(gu)(gu)(gu)(gu)本的(de)(de)11.77%；本次公告(gao)最終確定發(fa)行(xing)價(jia)(jia)格為5.53元(yuan)(yuan)/股(gu)(gu)(gu)(gu)，與此前預案中公布(bu)的(de)(de)5.71元(yuan)(yuan)/股(gu)(gu)(gu)(gu)至6.63元(yuan)(yuan)/股(gu)(gu)(gu)(gu)的(de)(de)預計發(fa)行(xing)價(jia)(jia)格區間的(de)(de)平(ping)均值相比，下降(jiang)10.37%。
除定(ding)(ding)價時(shi)的資本市(shi)場情況(kuang)、浙能電(dian)(dian)(dian)力合(he)并東(dong)(dong)南發(fa)電(dian)(dian)(dian)后(hou)的盈利情況(kuang)以及火(huo)力發(fa)電(dian)(dian)(dian)行(xing)(xing)業A股(gu)(gu)(gu)可(ke)比(bi)(bi)公(gong)(gong)司(si)估值水平等因素外，公(gong)(gong)司(si)將中小股(gu)(gu)(gu)東(dong)(dong)利益保(bao)護也作為(wei)(wei)重點考(kao)慮指標(biao)并依據以上因素綜合(he)考(kao)慮定(ding)(ding)價。如根據原發(fa)行(xing)(xing)價格區間進行(xing)(xing)測(ce)算，換(huan)股(gu)(gu)(gu)比(bi)(bi)例(li)相應為(wei)(wei)0.739至0.858，而浙能電(dian)(dian)(dian)力調低發(fa)行(xing)(xing)價格后(hou)最(zui)終確定(ding)(ding)換(huan)股(gu)(gu)(gu)比(bi)(bi)例(li)為(wei)(wei)0.886，即(ji)持(chi)股(gu)(gu)(gu)股(gu)(gu)(gu)東(dong)(dong)所持(chi)有的每1股(gu)(gu)(gu)東(dong)(dong)南發(fa)電(dian)(dian)(dian)股(gu)(gu)(gu)票可(ke)以換(huan)取0.886股(gu)(gu)(gu)浙能電(dian)(dian)(dian)力A股(gu)(gu)(gu)股(gu)(gu)(gu)票。
浙(zhe)能電力是浙(zhe)能集團作為運營電力板塊業務(wu)的主(zhu)要業務(wu)平臺(tai)。截至2012年12月31日(ri)，浙(zhe)能電力共控股(gu)(gu)13家(jia)火力發電廠(chang)，控股(gu)(gu)裝機容量1934萬千瓦。
據預測，2013年浙能電力凈利潤將繼續保持較快增長，預計全年實現歸屬于母公司所有者的凈利潤達44.60億元。