Fenghua High-tech shareholder commitment deadline to asset injection countdown

Source: Internet
Author: User
On July 30, 2009 Fenghua Hi-Tech (000636,  Close to 12.30 yuan a statement of interest changes announced in the follow-up plan, the large shareholder Guangdong Guang Sheng Asset Management Co., Ltd. (hereinafter referred to as the broad-sheng assets) to announce in the next 12 months, to the listed companies to inject high-quality assets, now away from the original commitment period is only the last few days left.  Recently, the daily economic news reporter learned from people familiar with the situation, Fenghua hi-Tech will be convened in the next two days to discuss the capital injection of large shareholders, restructuring or will be kicked off.  The commitment period will be to clear the barriers to restructuring, July 30, 2009, when the large shareholder Fenghua Group and its controlling shareholder Guang Sheng Assets signed a free transfer agreement, Guang Sheng assets in this direct holding Fenghua hi-tech. As a result of the changes in the shareholding of large shareholders, as required to issue a report on changes in equity rights and interests, the daily economic news reporter noted that in the "detailed statement of interest change report" in the follow-up plan, Kwong Sheng Assets said in the next 12 months no change in the main business of listed companies plan,  But it plans to inject quality assets into listed companies over the next 12 months to enhance the company's ability to sustain development and profitability.  From July 30, 2009 to the present, has been nearly 12 months, but Guang Sheng assets have not yet any substantive action.  However, recently, the daily economic news reporter learned from people familiar with the matter, Fenghua Hi-Tech will be convened in the last two days to discuss the capital injection of large shareholders.  For this news, "Daily economic news" reporter contacted Fenghua gao Ke Dong Chen, reporters according to its request to provide an interview outline, but as of press, has not received the company's reply. In addition, a reporter attended the June 23 Fenghua high-tech shareholders meeting people to understand that, Fenghua high-tech chairman Jong Jinsong at the shareholders ' meeting, said, "the major shareholder's electronic assets in 2008 by the financial crisis, the performance of a sharp decline, but now the operating situation has been fully improved, profitability greatly enhanced, The time has come to inject quality assets, and the work of asset injections is actively and steadily advancing.  As to when it was done, Jong Jinsong said there was no timetable.  Perhaps based on the good expectations of asset injection, with the deadline approaching, Fenghua hi-tech recently Rose, yesterday morning set up to 12.58 yuan, hit a two-year high, and this year, Fenghua hi-tech has risen to 36%, far ahead of the same period of the market.  Large shareholders have a lot of good assets if the future of asset injection, then the broad-sheng assets of what quality assets can be injected into the listed companies? Data show that Guang Sheng assets are approved by the Guangdong Provincial People's government to set up a wholly state-owned company, is one of the large state-owned enterprises supervised by the SASAC, mainly engaged in non-ferrous metals industry, electronic information industry, hotel tourism industry, engineering construction Real estate industry, etc., has "Guangdong most money-making company Guang Sheng Assets owned by the Sino-Lingnan (000060, closing price of 14.87 yuan), Guang Sheng nonferrous (600259, closing price 28.53 yuan), Fenghua Gao Ke three listed companies.  This may inject Fenghua Gao Ke is the big shareholder's electronic information assets. "Daily economic news" reporter saw that in Guang Sheng assets of 16 of the first-class enterprise group, there is an electronic information industry companies, namely, Guangdong Electronic Information Industry Group Co., Ltd., Guangdong Province, has a high-tech shares, Guangdong Institute of Electronics Technology, Shenzhen Hua Yue Bao Battery Company, Shenzhen Yuan Yuan investment development company,  Shenzhen and Communications Industry Co., Ltd. and other enterprises.  In addition, Guang Sheng assets also owns Guangzhou Guang Sheng Digital technology company, Guangzhou Microelectronics Company and other enterprises. According to the website of Guang Sheng Assets, the company's electronic information industry assets of nearly 1 billion yuan, and many are high-quality assets. "Yue Crystal" brand surface mount transistor quality and electrical parameters have reached the international leading level of similar products, Hua Yue lithium battery, Guang Sheng chip, audio decoding technology is expected to fill the domestic gap.  Among them, Guangdong Crystal Hi-Tech is considered to be the most close to the business with Fenghua, may be first injected; In addition, Guang Sheng's digital printers, Highway toll system, because of the Fenghua high-tech downstream industry, may also be injected into the listed companies.  Gold and gold securities in the new study of Fenghua High, based on the company's products in short supply, sufficient orders and asset injection expectations, gave the company "overweight" rating. Despite the company's asset injection expectations, brokers also said bullish, but the need for investors to note that, with the Fenghua high-tech stock prices in this year's continuous rise, the company's two shareholders Zhaoqing Energy Industry Co., Ltd. is quietly reduced, in May 5 ~ 7th through the bulk of the sale of the last 10 million shares, no longer hold the shares of listed companies.
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