China Electric department increased holdings of Crown Czech

Source: Internet
Author: User
Keywords Display Great Wall computer TPV
China Electric Department continues to chase the Crown Czech Republic. January 29, the Crown Jie Technology (00903.HK) announced that its shareholder Philips Electronics Hong Kong Limited has been with Huadian Corporation Limited (hereinafter referred to as Huadian Hong Kong) to reach a share transfer agreement, Philips Electronics agreed to the CLP Hong Kong to sell and transfer 200 million shares of the Crown Czech technology, accounting for about 9.47% of the issued shares,  A price of HK $1.04 billion-equivalent to HK $5.2 per share, compared to the 4.88 Hong Kong dollar premium 6.56% before suspension. Since China's electronic holdings of 100% shares in Hong Kong, the actual control of the people. Prior to China's electronic actual control of the company's Great Wall computer (000066) has a crown Czech technology 570 million shares, about the crown of technology shares of 27.02%.  At this point, China Electronics, the country's big it alligator can say that the world's largest display foundry industry Crown technology revenue bag. China Electronics through the overweight operation, its technology in the crown of the actual control of the stake will exceed 30%. "Huadian Hong Kong This acquisition of the Crown Czech Equity, the future must be and to the Great Wall computer."  "The Great Wall computer insiders to the reporter analysis, compared as a listed company's Great Wall computer, China Electronics This through Huadian Hong Kong acquisition, its procedures more convenient." January 24, the Great Wall computer monitor Business Department of a person to the reporter analysis: "In the Crown Czech technology as the largest shareholder, the display business must be the Great Wall computer development focus."  "In fact, the monitor market has been the fastest growing business segment in the Great Wall after 2008 years of falling prices rebounded. The Great Wall computer 2009.5 Annual report shows that the total sales in the period grew more than 30% Year-on-year, and its own brand sales increased 67% year-on-year, the top three in the industry.  By contrast, its overall sales growth was only 18% per cent year-on-year. and Crown Czech is currently the world's largest display generation factory, the main LCD TV and computer LCD screen, with the famous brand AOC and envision.  In the first half of 2009, the results show that its income of 3.1 billion U.S. dollars, to achieve a net profit of 54.7 million U.S. dollars. "Great Wall display business and the integration of the Crown Jie, the internal has been discussed."  "The above Great Wall display Business department personage discloses, even discussed two sides to set up the joint venture company," but the concrete how does not have to decide. February 1, the Great Wall computer Secretary Guo in an interview that now talk about the integration of the Crown and the Great Wall, but it is too early, but it said: "In China Electronics group, must be the Great Wall computer to focus on the development of the display business." "The above Great Wall display business ministry Personage thinks, with the Crown Czech technology carries on the integration to help the Great Wall computer to raise the upper reaches resources the discourse right, moreover, the Great Wall computer can use the Crown Czech technology channel and the factory which all over the world, opens up the international market."
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.