Digital China increased Hui Cong 2014 to the motherboard

September 5 Noon NEWS, HC Net external confirmation today, Shenzhou Digital has increased its stock 25 million shares (the transaction was completed on August 29) to ensure its largest single shareholder identity. Analysts say the move is to stabilize the HC-NET equity structure and push its 2014-round motherboard listing.

The 2013 interim results show that the current digital China is the largest single shareholder of HC Net, which holds about 19.46% of the total capital of HC, while the 25 million shares are about 1/5 of its present holdings.

CEO Guo said, Shenzhou digital this overweight is conducive to stability, optimize the HC NET equity structure, in order to meet the HKEx Transfer Board listing relevant provisions lay the foundation.

has been to the main board listing, but this year August 8 issued a notice that has withdrawn the proposed transfer board application, because the HC network "at present can not meet the ownership and control of the maintenance of the same provisions." After the increase, the largest single shareholder in China Digital shareholding further rise, to stabilize the HC capital structure.

The report showed that its total revenue for the first half was 358 million yuan, compared with 243 million yuan in the first half of last year, growth of 46.99%, net profit of 52.31 million yuan, compared to the first half of last year, 20.49 million yuan, growth 155.29%, the overall gross margin of the group grew 5% to 94%.