Complement short board Lenovo Group High price repurchase Lenovo Mobile

This reporter Mao Jing hui in 100 million U.S. dollars to sell Lenovo Mobile 22 months later, November 27, Lenovo Group announced that the price of 200 million U.S. dollars from Hong Yi Investment, new Mai company and other investors to buy Lenovo Mobile Communications Technology Co., Ltd. all rights and interests.　　Lenovo Group said that the acquisition of Lenovo Mobile because of bullish mobile internet prospects, Lenovo Mobile can complement Lenovo Group mobile Internet Short Board.　　It is understood that in the total of the 200 million dollar acquisition, 154 million U.S. dollars in cash payments, the remaining 46 million U.S. dollars will be 4.407 yuan per share issue 80.89 million share price. Repo January 31, 2008, Lenovo Group announced 100 million U.S. dollars to sell Lenovo Mobile. 22 months later, Lenovo Group will be a 200 million-dollar price repurchase Lenovo Mobile.　　Industry insiders said that the "sell one buy" between the Lenovo mobile valuations doubled, and its investors also profit. Lenovo Group announced that the company by Lenovo Mobile President Lu Yan and other Lenovo Mobile management control, in 2008, with 16 million U.S. dollars in price from the investment of two wholly-owned subsidiary Jade Projectile and Hon Long Enterprises bought Lenovo Mobile 20% of the shares.　　The investment is a private equity firm with 45% per cent of Lenovo Holdings, the parent company of Lenovo Group, which took over 60% of its shares when Lenovo Group sold Lenovo Mobile. In the case of this acquisition, the value of the 20% stake owned by the new Mai company has become 40 million dollars. From this calculation, Lu Yan and other new management team in more than a year time to profit 24 million of dollars.　　Most entrepreneurs who have made a contribution to Lenovo's move have now left. In addition, in this transaction, Shenzhen Investment control person has been the Lenovo Group senior vice president of the Yubing also set up 60 million U.S. dollars. The Yubing-controlled "Shenzhen investment" holds a 30% per cent stake in Lenovo, which the group pays for all its cash.　　Unlike new Mai, Lenovo Group did not disclose when and at what price Lenovo's mobile stake was bought. Industry analysts believe that the acquisition marks Lenovo will fully enter the high-speed growth of China Mobile internet market. The deal also needs to be approved by the independent shareholder of Lenovo Group.　　The data show that with the rapid development of 3G mobile broadband and the accompanying multimedia Internet service, China Mobile Internet market is expected to be more than 16 billion U.S. dollars in 2014.　　Lenovo's chief executive, Yang said, has been focusing on the fast-growing business opportunities in the mobile Internet terminal Market, and is now the right time to move aggressively into the mobile internet business.　　To the upstream industrial expansion industry analysis that the sale of Lenovo moved less than two years time to buy back, Lenovo strategy swing behind, is the industrial environment and Lenovo itself has changed. Last January, Lenovo announced that it would sell Lenovo Mobile to investors headed by Hong Yi for 100 million dollars. Lenovo's explanation at the time was that PCs and handsets were two distinct businesses, and the synergy of spaceTo the limited, by selling mobile phone business, Lenovo Group can make the expansion of computer business to obtain additional resources and cash.　　Another reason is that Lenovo expects a lot of capital to be invested in the handset business.　　But in less than two years, the market has changed dramatically as Lenovo's global rivals, Dell and Acer, have moved into the mobile phone business-and the PC industry is moving toward mobile devices as the 3G has been promoted.　　Yang said that the future PC will be transferred to handheld devices, Lenovo does not want to miss the mobile internet.　　In this respect, the Chinese Academy of Social Sciences Information Research Center Secretary General Qiping in an interview, said Lenovo Group acquisition Lenovo Mobile show that it will expand upstream industry ideas. Qiping said Lenovo used to do PC products, has been in the downstream of the industrial chain, the profit is relatively thin, the need to expand upstream industries.　　Future mobile and computational convergence trend is very obvious, triple network convergence is also the general trend, Lenovo Group to buy Lenovo Mobile, can make their own product line extension, thus to the upstream industry. Qiping also said that Lenovo Group's development in foreign countries is not smooth, are from the domestic complement foreign countries. Mobile market has the advantage of domestic, Lenovo can use the advantages to improve their own profits.　　In addition, Lenovo can also use the experience of operating a PC on the phone. For Lenovo's future development, qiping that the space is very large, the future development of mobile Internet is not limited to mobile phones, automotive, aviation has great potential for development, including the development of 4G, is not limited to consumer electronics, but also to other areas of expansion.