700 million capital injection from the same-side shares subsidiary

Shares of the same party (600100) announcement, the company shares in the hundred-Vision Network television Technology Development Co., Ltd. by Shanghai Oriental Media Group and other companies 70,719.950,000 yuan to increase capital. The company's board of Directors agreed that the company's shares of the Hundred-Vision Network television Technology Development Co., Ltd. to implement equity adjustment, agreed to Shanghai Oriental Media Group Co., Ltd., Shanghai Cheng Bei Investment Consulting Co., Ltd., Shanghai Lian and Investment Co., Ltd. and other companies with its holding of Shanghai jubilant Broadband Information Technology Co. Shanghai Oriental Long New Media Co., Ltd. and Shanghai Oriental Broadband Communication Co., Ltd. and other companies of the total equity evaluation value of 70,719.950,000 yuan, subscribe to Shanghai Hundred-Vision Network television Technology Development Co., Ltd. added registered capital of 66.5596 million yuan, more than part of the capital accumulation.　　After the increase, the registered capital of Shanghai Hundred-Vision Network TV Technology Development Co., Ltd. increased from 197.9 million yuan to 264.4596 million yuan, and the company's shareholding ratio changed from 20.67% to 15.466%.　　In addition, the company also announced that the board of Directors agreed to the company's water engineering business in renminbi 5,057 RMB 620,000 of the value of the transfer to 31.5% of the shareholding subsidiary of the joint venture with the Environment Co. China Water Assets Assessment Co., Ltd. in October 2010 on the company's water engineering business issued an assessment report, after assessment, on the basis of the assessment on the August 31, 2010, the same share of the water Project business assessment of operating net assets valuation value of 5,057.620,000 Yuan. To this end, the company based on the assessment results confirmed that the transfer price of 50.5762 million yuan, the transfer price by the same-side Environment Co., Ltd. to pay cash.