Cedar shares plan to spend 490 million on last year's best city firm

Following the bank of Ningbo (002142, close to 12.83 yuan), the bank became the second bank to have a stake in the company's shares (600884, closing close to 20.01 yuan). According to the announcement, the company plans to subscribe to 6 yuan per share of the 82.42 million shares issued by the thick State Bank, a total of 495 million yuan, accounting for the most recent period of 14.18% of the audited net assets. As for the impact of this foreign investment, the company said that it will further promote investment in the financial sector, which is conducive to enhancing asset value.　　A strong State bank's good asset status and profitability is expected to yield a reasonable return on investment. Data show that thick State bank registered capital of 800 million yuan, as of March this year, the total assets of nearly 44.1 billion yuan. In the first quarter of this year, the bank's operating income and net profit were 275 million yuan, 110 million yuan respectively.　　Last year, the two financial indices were $873 million and $266 million respectively. According to the "2010 China Commercial Bank Competitiveness Evaluation report", The thick State bank ranked Medium-sized City Commercial Bank competitiveness fourth, at the same time, "09 Best Small Enterprise Financial services City firm" honor.　　Last year, the Yiwu people's government has listed thick state banks as listed companies. In addition, one of the details of the FIR shares announcement was brought to the attention of the daily economic news reporter.　　According to the "Share subscription Intent Agreement", the company has become the first big parallel shareholder after the completion of the equity subscription and has the right to appoint a director. "Parallel large shareholders do not see, but the future is to compete for control of the specific analysis," a brokerage bankers told reporters, "If the other major shareholder is the local government, the general situation of the listed companies and the possibility of competition for control is small; In addition, it is also necessary to pay attention to whether major shareholders are the financial shares, third, fourth shareholders at the board meeting on which side, or whether it is a concerted action person.　　"Reporter learned that the thick State bank in June 2005 through the standardization of joint-stock reform, to achieve ownership structure of 100% privatization." Yesterday, a heavy state bank office in the "Daily economic news" reporter interviewed, said that the current corporate ownership structure is indeed 100% privatization, there is no government-owned shareholders. It is not easy to say whether there will be a future presence of cedar and a big shareholder scramble for holding rights.