Big wisdom cash to buy Xiang Fortune Securities shares first owned securities photo Internet Enterprise

[abstract] In this transaction, the great wisdom of the wholly-owned subsidiary of the Treasury Science and technology to the new Lake Holdings in cash to buy its holdings of Hunan Treasury securities 111,903,956 shares, according to the transaction price calculation of the subject matter to pay cash 297,511,753 yuan.

Great wisdom 8.5 billion incorporation of Hunan financial securities into Internet finance
January 23 News, great Wisdom (stock code: 601519) announced today that the total price of 8.5 billion to be incorporated into the Hunan Treasury securities, the reorganization is divided into cash payments plus issue shares to buy assets. This is after the Sino-textile investment in the acquisition of Securities, Guangzhou Friendship holding Guangzhou Securities, the securities industry occurred after another merger.
In this transaction, the great wisdom of the wholly-owned subsidiary of the Treasury technology to the new Lake Holdings in cash to buy its holdings of Hunan Securities 111,903,956 shares, according to the transaction price of the subject of transactions to pay cash 297,511,753 yuan.
Great wisdom to 6.05 yuan/share to the new lake holding, the Kingdom of Britain, the new lake, Shanxi and the letter, Huasheng shares and other 16 shareholders issued 1.356 billion shares, to buy its total holdings of the Xiang Treasury securities 3.085 billion (accounting for the total capital 96.5%).
In the cash and the issuance of shares to pay the price, the wisdom also proposed to not more than 10 other specific investors to issue shares to raise supporting funds for the Hunan Treasury securities to increase capital and supplementary operating funds, the scale of not more than 2.7 billion yuan.
The data show that Xiang-wealth securities have brokerage, investment banking, self-management, capital management and financing, such as margin business. Xiang Fortune Securities registered capital of 3.197 billion yuan, the latest net assets scale of 3.713 billion yuan, 2013 annual operating income of 830 million yuan, net profit of 130 million yuan.
Hunan Financial Securities Business license is complete. Scope of business: securities brokerage, securities investment consulting, financial advisers related to securities trading, securities investment activities, securities underwriting and sponsorship, securities self-management, securities asset Management, securities Investment Fund consignment, financing and margin business, consignment of financial products business and other securities business approved by CSRC.
After the completion of this acquisition, the great wisdom and wholly-owned subsidiaries will be the total holdings of the 100% stake in Xiang Treasury securities, and will become the first to have a full license of the Internet enterprises.