China News network assets return to East China computer or become profit focus

Recently, the East China computer issued a notice that the Chinese Securities Regulatory Commission has received an administrative license to apply for acceptance notice (Text No.: 100,763th), the company submitted a targeted issue to purchase assets approved administrative license application for the CSRC to accept. At the beginning of 2010, East China Computer announced will be directed additional 155 million shares, and the Chinese network to redeem the reorganization, after reorganization, East China computer will develop into including the provision of network system integration program, network storage, network Services Network integrated company, its profitability has been greatly improved.　　However, to make investors puzzled, is regarded as the East China Computer Lifeline of the Chinese network in the overall structure of the East China computer has been a few, but this time to reset the interests of the relevant holders increased.　　Not listed separately or for bypass backdoor? At the beginning of 2010, the East China computer has issued a notice to the non-public offering of a shares as the acquisition of large shareholder in East China Computer Research Institute and Natural Persons Song, Zhang Weimin, Guo Wenchi, and other 8 shareholders holding the Chinese network 90% of the shares.　　In accordance with the agreement at that time, after the reorganization, the East China computer will hold 99% of the shares of China News Network, and the Chinese network in 2009, the net profit of the East China computer will be increased from 10.8576 million yuan to 140 million yuan, which means that most of the future profits of East China computer will come from the Chinese According to the commitment of East China computer to China News network assets growth in the next 3 years, 2010 net profit forecast is 152 million yuan, 2011 net profit forecast is 176 million yuan, 2012 net profit forecast is 204 million yuan. and East China computer 2009 years net profit only 12.3936 million yuan, belong to the parent company owner's net profit only 6.1448 million yuan. In the first quarter of 2010, the net profit of the owner of the parent company in east China lost 9.0179 million yuan.　　A good asset should be set up. But a broker analyst for a journalist to calculate such a sum, if according to the Chinese network total share capital 75 million shares, and then issue 15 million shares, the total share capital 90 million shares calculation, According to the 2010 forecast profit of 140 million yuan, earnings per share of 1.56 yuan, if the Chinese news network alone in the gem listing, conservative estimate of 60 times times earnings, its share price will be as high as 93 yuan.　　Why does the Chinese news network not choose to be listed separately? In fact, as early as 2007, the Chinese News Network issued a notice of the listing counseling, and came out of the Chinese network ready to land the gem information.　　For the subsidiary of China News Network why not listed, East China computer did not give a clear statement. The analyst concludes, if the Chinese network is listed separately, its market value may be around 1.5 billion yuan, and not necessarily the market is so high, but the Chinese network injected into East China computer after the listing, can be the whole of East China computer upgrade to about 3.4 billion yuan, this or bypass to borrow the shell listing practice. According to the reporter understand, in east China computer acquisition of China News Network, east China computer total assets will increase by 124.56%,NET assets increased by 163.48%, net assets rose from 4.34% to 21.41%, and operating income grew by 131.09%.　　The acquisition should be beneficial to the East China computer or China News Network.　　What is the intention of switching out of assets multiple times? In addition to the Chinese network is intended to transiting East China computer curve listing problems, there is a problem has always let investors puzzled, since the Chinese news network assets so excellent, the original why East China computer will turn it out? There have been reports that as early as August 2000, when the Chinese network was established, its registered capital of 10 million yuan, east China computer and when the East China computer executives of the Song respectively holding 51% and 49%. In the 10-year network established in China, a total of 4 share transfer, 2 increase in capital, 2 times the company's property changes.　　Where is the intention behind such a dazzling diversion?　　"Securities daily" reporters on the Chinese network is not listed separately and why the original to transfer out of the Chinese network and other things interviewed East China computer senior leadership, but the leader to have important things to deal with the refusal of the interview. And in the April 29, 2010 East China Computer "Shanghai East China Computer Simple changes report," Song will be held by the Chinese network of 17.5% of the shares of East China computer issued shares of 29.93 million shares, after the completion of the transaction, Song owned East China computer ownership ratio increased from 0 to 9.16%, Become the second largest shareholder. The remaining 7 people holding the Chinese network of natural persons in the East China Computer Holdings also changed, of which Zhang Weimin, Guo Weichi for 14.51 million shares, Zhang Hong, Zhou Bin, Shiwenqing, Li Zhong, Xie Jade and other man-made 4.96 million shares. Through this one transaction, East China and Song 8 natural persons to obtain a staggering amount of revenue, this will be the Chinese network equity access to the root of the frequent?