City North High-tech shareholder meeting to consider the purchase of real estate assets bill

Securities Times Network (www.stcn.com) September 23, the City of North High-tech (600604) 23rd held the first general meeting of shareholders in 2013 to consider the adoption of the "on the Shanghai Metallurgical Cheung Teng Investment Co., Ltd. to buy assets of the motion." The company said that in order to further enrich the company's high-end High-quality property holdings, enhance the company's overall asset quality and regional market share, the company's wholly-owned subsidiary of Shanghai to create Enterprise Development Co., Ltd. will be the participation of Shanghai Metallurgical Xiang Teng Investment Co. Shanghai to create the current holding of China Metallurgical Cheung Teng 32% shares. Financial profit treasure, current savings rate of 1000% City North High-tech said, according to the company's development strategy objectives, will actively rely on the city North High-tech service Park location advantages, timely increase in the city North Park commercial real estate investment reserves and business development, the company's purchase in metallurgical assets, not only conducive to strengthening the main business, Optimize the asset structure, at the same time, to further improve the overall asset quality, enhance the company's market share in the region and comprehensive competitive strength. (Dong Yuming)