Lijiang Tourism 210 million holding impression tourism

Lijiang Tourism (002033) announced the issuance of shares in the purchase of assets draft, the company intends to 210 million yuan to the price of Lijiang City Yulongxue Shan Scenic Investment Management Co., Ltd. to issue shares, buy its holding Lijiang Yulongxue Shan impression Tourism Culture Industry Co., Ltd. 51% of the equity. The announcement shows that the impression of tourism 51% of the equity by the two sides negotiated the price of the transaction is 210 million yuan.　　After consultation, the company's issue of the price of 21.69 yuan/share, according to the issue price and transaction pricing, this time to the scenic company Non-public issue of a stock number of 9.6838 million shares. Upon completion of this release, impression tourism will become the company's holding subsidiary. Impression Tourism 2009 Annual operating income of 157 million yuan, accounting for listed companies audited consolidated Financial Accounting report operating income ratio of 85.93%. On September 30, 2009 as the benchmark day, the impression tour of the total equity is 412 million yuan.　　The company said that if the transaction was completed in 2011, the impression of tourism corresponding to the target assets in 2011, 2012, 2013 to achieve net profit of 31.649 million yuan, 32.7628 million yuan, 33.7013 million yuan. According to CITIC Securities forecast, from 2010 to 2012, the impression of tourism ticket income will reach 184 million yuan, 214 million yuan and 243 million yuan, net profit will reach 82.68 million yuan, 89.78 million yuan and 106 million yuan. The National Gold Securities Forecast 2010-2012, Lijiang passenger number will increase 15%, 11% and 12% year-on-year.　　The impression travel EPS contribution is 0.33 yuan, 0.38 yuan and 0.45 yuan respectively.　　The announcement shows that the company's actual control of the Snow Mountain Management Committee holders of the company's holding shareholder Snow Mountain Development company 45.64% of the equity, holding the exchange of each other scenic company 100% stake, Snow Mountain Development company and scenic companies are the same one side of the Snow Mountain Management Committee control. The company said that the directional issuance will change the company's existing relatively single business structure, extending the company's tourism services industry chain, is conducive to the company to enhance the profitability of listed companies and further strengthen the company's regional competitive edge, to achieve tourism services upgrading of the industry.