STCN interpretation: Together with the continents of the electronic joint trillion shares to raise tens of billions of upgrade set-top box

September 23 Evening, with the state electronics (002052, shares bar) (002052), Trillion chi shares (002429, shares bar) (002429) announced that two companies signed the "Strategic cooperation Framework Agreement" 23rd, the two sides plan to use a variety of channels to raise capital of 10 billion yuan,　　In order to meet the requirements of one-way DVB set-top box users to upgrade to Dvb+ott users, promote the "four-screen all-in-one TV Internet network Project" as soon as possible in 10 provinces with electronic contract.　　Agreement, with the State electronics responsible for market promotion and acquisition orders, trillion Chi shares to assist with the completion of the electronic "four-screen TV Internet network," the transformation of the project is expected to be completed in the next 2 years. According to the bulletin, including hardware input, network matching, content resources, after-sales service and marketing, and so on, the budget per household cost about 600 yuan, the 100 million users of the whole transfer cost of about 60 billion yuan. Among them, the first phase of about 16 million users of the overall conversion, is expected to cost 10 billion yuan, the two sides will jointly raise funds.　　Subsequent user conversion costs, with the Chau electronics will be used in the overall conversion of the user's fees and other revenue for subsequent financing. In terms of financing arrangements, both sides will use financial means such as bank financing, debt financing, or introduce including but not limited to industrial capital and strategic investors.　　On the distribution of relevant interests, the two sides will agree on the specific cooperation agreement to be signed in follow-up.　　It is learned that the traditional one-way DVB set-top box users upgraded to Dvb+ott users, users can watch the radio and television operators of the program content can also watch the Internet business program content, and can enjoy the interactive business of multiple screens brought about by the video experience. With the continent electronic said, the above project will make the company more interactive business products industry chain optimization, the company's mobile phone, television, pad and other interactive terminal products to expand the scale of the foundation laid.　　The two sides said the partnership will not have a significant impact on its operating performance in the third quarter of 2013. Together with the state Electronic bulletin, 23rd, the company also released in Beijing, "fly to see" Set-top box open sales information. At the meeting, the same continents with the Hubei Provincial radio and television Information Network Co., Ltd., Guizhou Province radio and television Information Network Co., Ltd., Chongqing Cable Television Network Limited, Gansu Province radio and Television Network Co., Ltd., Kyrgyzstan video media (601929, shares Bar) Co., Ltd., Northern United Broadcast Network Co., Ltd., Ningxia Radio and television Network Limited, Qinghai Province radio and television Information Network Co., Ltd., Xinjiang Radio and TV network (600831, shares Bar) Co., Ltd., Harbin Radio and TV Media Group, a total of 10 cable operators to reach strategic cooperation and promote "　　Four screens in one TV Internet households through the project, to the domestic radio and television in the field of more than 100 million traditional one-way DVB set-top box users upgraded to Dvb+ott users. According to the introduction, flying look at the box is a can connect Dvb+ott HD Smart Set-top box, the set-top box using the same continent, "touch look, cast look" technology, with the mushroom UI, the realization of television, mobile terminal interactive experience, so that electricityLook more interesting, smarter and more personalized. September 23, Trillion Chi shares, with the state of electronic suspension.　　Before the suspension of trading, trillion-chi shares rose 3.51%, reported 12.68 Yuan, with the state electronics rose 1.59%, the report received 9.57 yuan.　　In addition to this cooperation, trillion-chi shares are still planning other major issues, is expected to disclose the contents of the relevant announcements on September 27 and a duplicate card, with the State electronics will be opened on September 24, 2013 on the recovery card. (Securities Times News Center)