China Branch Ying WA wholly-owned subsidiary to sell shares estimated income of 9 million yuan

NetEase Financial January 18 News in the evening of Sino-Chinese branch of the announcement, the company's wholly-owned subsidiary of Shanghai Branch will be held in Shanghai branch run by the transfer to Zhejiang opened and Wuhu Longwei, the transfer price of about 1.042 yuan per share.　　January 17, 2011, a wholly-owned subsidiary of the Sino-Chinese Science and Technology Development Co., Ltd. Shanghai Zhongke Ying-WA, respectively, and Zhejiang Kai Kai Group Co., Ltd. Zhejiang opened and Wuhu Longwei Industry and Trade Co., Ltd signed the agreement on equity transfer. According to the agreement, the Shanghai branch to sell a total of 125 million yuan of its holdings of Shanghai branch Run Venture Capital Co., Ltd. 120 million shares (80% of the company's total equity) were transferred to Zhejiang Kai Kai Group Co., Ltd. and Wuhu Longwei Industry and Trade Co., LTD 60 million shares,　　The transfer price is about 1.042 yuan per share. China Branch Ying-WA said that the company's wholly-owned subsidiary sales of Shanghai Branch run venture Capital Limited shares of the company's continued operating capacity and asset status does not have an impact.　　The sale of the shares on the company's current profit impact of about 9 million yuan. As of January 18, the Chinese Central News 7.10 Yuan, Rose 2.01%.