中證網訊（記者 康(kang)書偉）西王食品（000639）16.7億元非(fei)公(gong)開發行(xing)(xing)募資歷(li)經一波(bo)三折，在(zai)市(shi)場低迷、非(fei)公(gong)開發行(xing)(xing)遇冷的情(qing)況下，仍實現了頂(ding)格募資。公(gong)司2月11日晚間披露的新增(zeng)股份(fen)變動報告及上市(shi)公(gong)告書解密了發行(xing)(xing)過程，而最終山東地方國資和知名牛(niu)散的聯手救駕，則讓(rang)市(shi)場對(dui)公(gong)司未來走勢有(you)了更多期(qi)待。

　　發行過程(cheng)一波三折(zhe)

　　根據公(gong)告，公(gong)司(si)此次非公(gong)開發行(xing)(xing)新(xin)增股份(fen)96198152股，發行(xing)(xing)價格為(wei)17.36元/股，將于2月13日在深圳(zhen)證券交易所上市(shi)，鎖(suo)定期為(wei)12個月。

　　從發(fa)行(xing)過(guo)程來看(kan)，公司(si)(si)此(ci)次發(fa)行(xing)可謂一波三(san)折，甚至出現了首輪認購(gou)未達擬募資(zi)金額的狀況。根據披露信息，公司(si)(si)2017年9月21日(ri)，西王食品(pin)收到了證(zheng)(zheng)監會下發(fa)的證(zheng)(zheng)監許可[2017]1679號(hao)批(pi)文(wen)，本次發(fa)行(xing)獲得中國證(zheng)(zheng)監會核準(zhun)，批(pi)復自核準(zhun)發(fa)行(xing)之日(ri)起6個月內(nei)有效。

　　2017年12月(yue)20日，公(gong)(gong)(gong)(gong)司(si)及(ji)保(bao)薦機(ji)構啟(qi)動首(shou)輪(lun)(lun)(lun)發(fa)(fa)行(xing)(xing)，以郵件或快遞的(de)(de)方式共(gong)向92個發(fa)(fa)送對(dui)(dui)象(xiang)發(fa)(fa)出(chu)了(le)《西(xi)王食(shi)品(pin)股(gu)份有(you)限(xian)公(gong)(gong)(gong)(gong)司(si)非公(gong)(gong)(gong)(gong)開發(fa)(fa)行(xing)(xing)股(gu)票認(ren)購(gou)邀(yao)請(qing)書》。公(gong)(gong)(gong)(gong)司(si)首(shou)輪(lun)(lun)(lun)發(fa)(fa)行(xing)(xing)確(que)定的(de)(de)發(fa)(fa)行(xing)(xing)價(jia)格為17.36元(yuan)(yuan)/股(gu)，但首(shou)輪(lun)(lun)(lun)發(fa)(fa)行(xing)(xing)對(dui)(dui)象(xiang)最(zui)終(zhong)僅有(you)1家(jia)，為山東聚贏(ying)產業基金合(he)伙企業（有(you)限(xian)合(he)伙），募集資(zi)金金額(e)約為4.8億(yi)元(yuan)(yuan)。由于(yu)首(shou)輪(lun)(lun)(lun)尚(shang)未達到本次募集資(zi)金總額(e)且認(ren)購(gou)家(jia)數少于(yu)10家(jia)，第(di)二輪(lun)(lun)(lun)發(fa)(fa)行(xing)(xing)于(yu)2017年12月(yue)28日啟(qi)動，向首(shou)輪(lun)(lun)(lun)發(fa)(fa)送認(ren)購(gou)邀(yao)請(qing)文件的(de)(de)92名(ming)特定對(dui)(dui)象(xiang)發(fa)(fa)出(chu)了(le)《西(xi)王食(shi)品(pin)股(gu)份有(you)限(xian)公(gong)(gong)(gong)(gong)司(si)非公(gong)(gong)(gong)(gong)開發(fa)(fa)行(xing)(xing)股(gu)票追加(jia)認(ren)購(gou)邀(yao)請(qing)書》，又向后續表達了(le)認(ren)購(gou)意(yi)向的(de)(de)8家(jia)投(tou)資(zi)者(zhe)補(bu)發(fa)(fa)了(le)《追加(jia)認(ren)購(gou)邀(yao)請(qing)書》。最(zui)終(zhong)獲配投(tou)資(zi)者(zhe)共(gong)8家(jia)，募集資(zi)金總額(e)為16.7億(yi)元(yuan)(yuan)，達到了(le)公(gong)(gong)(gong)(gong)司(si)發(fa)(fa)行(xing)(xing)預(yu)案的(de)(de)發(fa)(fa)行(xing)(xing)規模(mo)上限(xian)。

　　但此時波瀾再起，截至繳(jiao)款(kuan)(kuan)最(zui)后時限2018年1月10日11點，7家投資者均足額(e)繳(jiao)納申購(gou)款(kuan)(kuan)，首(shou)輪即確定認(ren)購(gou)的山東(dong)聚贏卻未能(neng)按時繳(jiao)款(kuan)(kuan)，提提供(gong)的書面說明表示，鑒于(yu)其(qi)內部要(yao)求(qiu)，其(qi)認(ren)購(gou)總額(e)度不(bu)能(neng)超(chao)過上市公(gong)司增發后總股(gu)本(ben)的5%，因此在收到《繳(jiao)款(kuan)(kuan)通知書》后，實繳(jiao)金(jin)(jin)額(e)4.77億元，少于(yu)其(qi)應繳(jiao)金(jin)(jin)額(e)4.8億元。對于(yu)山東(dong)聚贏約(yue)300萬元的未繳(jiao)差額(e)，公(gong)司和中介機(ji)構(gou)再次(ci)啟動追加認(ren)購(gou)，并在當日12點完成了(le)差額(e)部分(fen)資金(jin)(jin)募集。

　　知名“牛散”現身(shen)

　　從發行結果來看(kan)，按照(zhao)西(xi)王(wang)食品2017年12約(yue)31日的股(gu)(gu)(gu)東(dong)名(ming)(ming)單(dan)模擬來看(kan)，最終(zhong)獲配的八(ba)家股(gu)(gu)(gu)東(dong)中，除北信瑞豐持(chi)股(gu)(gu)(gu)數量較少(shao)外，其(qi)他(ta)七家均可進入公(gong)司發行后的前十大股(gu)(gu)(gu)東(dong)名(ming)(ming)單(dan)，占(zhan)據西(xi)王(wang)集團及其(qi)關聯方(fang)二股(gu)(gu)(gu)東(dong)永華投資以及公(gong)司員工持(chi)股(gu)(gu)(gu)計(ji)劃之外的七個股(gu)(gu)(gu)東(dong)席位，所有認購方(fang)持(chi)股(gu)(gu)(gu)比例(li)合(he)計(ji)達到(dao)17%，改變了公(gong)司大股(gu)(gu)(gu)東(dong)持(chi)股(gu)(gu)(gu)比例(li)過高的狀(zhuang)況。

　　從認(ren)購(gou)方(fang)(fang)情況(kuang)來看，山(shan)(shan)東(dong)(dong)聚(ju)贏獲(huo)配西(xi)王食(shi)品發行后(hou)4.99%股份，成為公(gong)(gong)司(si)(si)第三大股東(dong)(dong)。資(zi)(zi)料(liao)顯示(shi)，山(shan)(shan)東(dong)(dong)聚(ju)贏主(zhu)要股東(dong)(dong)背(bei)景為中國(guo)信達資(zi)(zi)產管理有(you)(you)限公(gong)(gong)司(si)(si)和山(shan)(shan)東(dong)(dong)省國(guo)有(you)(you)資(zi)(zi)產投(tou)資(zi)(zi)控股有(you)(you)限公(gong)(gong)司(si)(si)，此前曾出(chu)現在新(xin)(xin)華(hua)制藥(yao)、新(xin)(xin)華(hua)醫療(liao)等多家山(shan)(shan)東(dong)(dong)國(guo)有(you)(you)控股上市公(gong)(gong)司(si)(si)的(de)非(fei)公(gong)(gong)開發行中。另一山(shan)(shan)東(dong)(dong)地(di)方(fang)(fang)國(guo)資(zi)(zi)背(bei)景的(de)認(ren)購(gou)方(fang)(fang)為山(shan)(shan)東(dong)(dong)高速(su)嵩信，認(ren)購(gou)額也達到了1.67億元，為山(shan)(shan)東(dong)(dong)高速(su)集(ji)團旗下投(tou)資(zi)(zi)公(gong)(gong)司(si)(si)。

　　另外(wai)，方(fang)懷(huai)月(yue)、楊(yang)(yang)勤學(xue)和方(fang)瑞三個(ge)北京籍自然人(ren)(ren)(ren)股(gu)東(dong)(dong)的(de)獲配也(ye)頗(po)為值(zhi)得關注，三名(ming)自然人(ren)(ren)(ren)合計(ji)認(ren)購(gou)(gou)了約4.65億(yi)元。其中(zhong)(zhong)，方(fang)懷(huai)月(yue)這一(yi)名(ming)字(zi)(zi)常見于(yu)二級市場，該名(ming)字(zi)(zi)曾(ceng)在(zai)2008年至2012年年間多(duo)次出現(xian)(xian)在(zai)A股(gu)市場，包括(kuo)太工天成(cheng)(cheng)、中(zhong)(zhong)南建(jian)設、盛(sheng)和資源等多(duo)家公(gong)(gong)司(si)的(de)股(gu)東(dong)(dong)榜(bang)中(zhong)(zhong)都曾(ceng)閃現(xian)(xian)其身影。方(fang)懷(huai)月(yue)還曾(ceng)出現(xian)(xian)在(zai)2016年青(qing)山(shan)紙業(ye)的(de)非(fei)(fei)公(gong)(gong)開(kai)發(fa)行(xing)上市公(gong)(gong)告(gao)書(shu)(shu)中(zhong)(zhong)，披露的(de)個(ge)人(ren)(ren)(ren)信息與西(xi)王食品非(fei)(fei)公(gong)(gong)開(kai)發(fa)行(xing)情(qing)況中(zhong)(zhong)所披露的(de)信息一(yi)致，可以(yi)確(que)定為同(tong)(tong)一(yi)人(ren)(ren)(ren)。另外(wai)值(zhi)得注意的(de)是，此(ci)(ci)次與方(fang)懷(huai)月(yue)同(tong)(tong)時出現(xian)(xian)在(zai)認(ren)購(gou)(gou)名(ming)單(dan)中(zhong)(zhong)的(de)楊(yang)(yang)勤學(xue)，兩人(ren)(ren)(ren)還曾(ceng)同(tong)(tong)時出現(xian)(xian)在(zai)上述(shu)青(qing)山(shan)紙業(ye)的(de)非(fei)(fei)公(gong)(gong)開(kai)發(fa)行(xing)情(qing)況及股(gu)份(fen)變動公(gong)(gong)告(gao)書(shu)(shu)中(zhong)(zhong)，只(zhi)是當(dang)時楊(yang)(yang)勤學(xue)這個(ge)名(ming)字(zi)(zi)并不是作為認(ren)購(gou)(gou)對象出現(xian)(xian)，在(zai)青(qing)山(shan)紙業(ye)2016年中(zhong)(zhong)報中(zhong)(zhong)，楊(yang)(yang)勤學(xue)位列公(gong)(gong)司(si)前(qian)十(shi)大(da)股(gu)東(dong)(dong)，發(fa)行(xing)完成(cheng)(cheng)后退出了前(qian)十(shi)大(da)股(gu)東(dong)(dong)，方(fang)懷(huai)月(yue)則通過認(ren)購(gou)(gou)增(zeng)發(fa)股(gu)份(fen)躍(yue)入前(qian)十(shi)大(da)股(gu)東(dong)(dong)。此(ci)(ci)外(wai)，泰達宏利基金認(ren)購(gou)(gou)約3.34億(yi)元，深圳九派資本認(ren)購(gou)(gou)約1.67億(yi)元，北信瑞豐認(ren)購(gou)(gou)約6000萬元。