汇源合资大戏换角（Huiyuan joint venture Huanjiao drama）.doc

汇源合资大戏换角（Huiyuan joint venture Huanjiao drama） China largest juice company gets the final Danone, accounted for the opportunities of the unified why had to quit, Qin Peng what the last laugh? At the end of June 2006, from Shanghai to Beijing, for Danone (Danone, 12064.FR) Qin Peng group president China this is a journey of anxiety. After a five or six year of Huiyuan Juice relentlessly chase after Qin Peng distance joint destination only the last step. Maybe this trip will still failed, as in the past many times, may go straight to the end point, as before in robust, Wahaha, bright happened. From the capital airport, after less than half an hour away, Qin Peng finally arrived at the Shunyi headquarters in Huiyuan, Huiyuan Group Chairman Zhu Xinlis office. After a week of July 3rd, Zhu Xinli and Qin Peng in the Chinese hotel to announce, China Huiyuan to Danone open 22.18% stake. This is almost a perfect ending for Danone, if must say the words of regret, is in want of perfection on behalf of the Qin Peng seated on both sides respectively and Warburg Pincus, Holland Development Bank and Hongkong fund, they also selected with Danone, four investors hold a total of 35% stake in Huiyuan Chinese. At the same time, a year ago to repel Danone, Coca-Cola and Pepsi Cola, and Huiyuan Group in overseas registered Chinese Huiyuan and holds a 5% stake in the joint venture of Taiwan United lost out. The approval was stuck In Huiyuan financing history, this is a dramatic turning point. Three years ago, Zhu Xinli dramatically abandoned williams. In 2001, because of relying solely on its own accumulation of development deeply difficult, nearly five years of industry leader Huiyuan Juice Group decided to introduce strategic investors, and set up a joint venture company with strong Delong group, to the other party to sell a 51% stake. In April 2003, on the eve of Delong building collapsed, aware of the danger of Zhu Xinli resorted to exhaust all the skills gamble, to give way, risked