Buying large shareholder's assets will increase the associated transaction of your airline shares

Every journalist Li Wenyi today, your airline shares (600523, closing price 13.76 yuan) The draft is officially issued, the company intends to 7.98 yuan/share prices to the controlling shareholder of China Guizhou Aviation Industry (Group) Co., Ltd. (hereinafter referred to as your group) to issue shares, to purchase its possession of the company 100　　% Equity and Tianyi Electrical 100% Equity, at the same time, your shares will also be to Guizhou Gekko Aviation Machinery Co., Ltd. (hereinafter referred to as Gekko electromechanical) targeted additional shares to buy its holding of the 100% stake in the buoy. According to the asset assessment report, the total value of the 100% shares of these 3 companies is about 728 million yuan, compared to the book value of 27.06%, in accordance with the 7.89 yuan/share of the issue price, your shares will be to your airline group,　　Gekko electromechanical issue 38.4092 million shares and 52.7882 million shares, a total of 91.1974 million shares issued. It is worth mentioning that the restructuring will lead to the company's shares of the associated transactions do not fall. It is understood that your group holds Gekko electromechanical 40.97% shares, that is to say that Gekko electromechanical and your shares belong to a controlling shareholder, after the completion of the major assets reorganization, the company related transactions will increase significantly.　　The shares also said that, for example, 2008-year data, the proportion of associated sales to total sales would rise from 9.65% to 33.54% after the reorganization. On the other hand, the net profit of the 3 companies bought in 2009 is expected to fall 30.99% from 2008, affected by the international financial crisis.　　Without this transaction, your shares are expected to achieve net profit growth of 5.09% per cent year-on-year in 2009, but the combined net profit for 2009 years after the purchase will be 16.07% lower than the combined net profit for the 2008 exam. Before this transaction, the main business of your airline shares is mainly auto parts, accounting for about 84.32% of the total revenue of the company, and about 10.05% of the aviation products business.　　After the purchase of 3 companies, the company will increase aviation standard parts, aviation accessories, aviation relays, contactors and other aviation components business, at the same time, your shares will be diverted to auto parts and air parts and components of the business structure. After the completion of the transaction, your airline group and the associated side of the machine will be the total ownership of the shares of the 62.97% stake in your airline, and currently your group holds the shares of your airline 51.28%.