Dumas shares said to increase net profit or 50% to solve the competition

-Our correspondent Zhou Yi Chongqing reported that a few days ago, di Ma shares announced the directional additional scheme, the company intends to issue 1.18 billion shares to three companies, including the controlling shareholder, to buy 100% shares of four real estate companies and raise not more than 25% of the supporting funds, thus realizing the overall listing of the East bank holding real estate plate.　　The move not only makes the asset scale and profitability of Dumas shares soar, but also solves the long-standing problem of competition with controlling shareholders. Average annual net profit growth of injected assets 50% scheme shows, the injection of real estate project assets evaluation value of 4.15 billion yuan, is currently twice times the value of Di Ma shares, if the exclusive use of the private car assets, the injection of the real estate assets scale than the existing real estate assets.　　After asset injection, the development area of Dumas shares and the area to be developed will increase by about 1.9 million square meters. The company concerned in charge of the introduction of the project after the injection of Dumas shareholders in the promotion of shareholder benefits embodied in three aspects: one is the promotion of net assets per share. From the end of 2012 to 1.75 yuan/share to 2.39 yuan/share, growth is close to 40%, and the second is the sustained rapid growth of performance. According to the profit forecast of the professional third party organization, the net profit of injecting assets from 2013 to 2015 can reach 368 million, 628 million and 911 million respectively, the annual compound growth rate exceeds 50%, and the third is the decrease of the financial expense rate.　　The company's existing real estate business scale is small, asset injection, not only the ratio of assets and liabilities will fall by 10%, and the scale of expansion, financing costs are correspondingly reduced, thereby significantly reducing the financial cost rate.　　It is understood that the project focused on the central and western core urban areas, including Chongqing, Wuhan, Chengdu and other places, and these areas are in the future of China's urbanization space potential of a huge place. The project is mainly under construction and proposed projects, the vast majority of revenue carry-over and profit will be achieved in 2013 and later years, which will Dumas shares the future performance of the continued growth of positive effects. One of the largest scale and profit contribution to the original Jiangbei Hong Temple project Total construction area of nearly 1.3 million square meters, sales net profit margin of more than 20%, currently only developed 400,000 square meters, after three construction area of more than 800,000 square meters, will be completed at the end of 2014 and 2015,　　So most of the profits of the project will be realized in the future. The company said that in this increase, the holding shareholder for the circulation of shareholders to transfer a greater interest, according to the results of the asset assessment, the use of the income method of the evaluation value of 4.5 billion yuan,　　However, the company used the assets of the foundation of the value of the valuation of 4.15 billion yuan, lower than the income method of 350 million yuan, if the additional price calculation, controlling shareholders and so on will be less than 100 million shares, which greatly increased the interest of shareholders in circulation. Completely solve the competition since the Dumas shares in 2007 began to intervene in real estate, due to its own size and asset injection limited and many other factors, has been with the holding shareholder of the east bank holding the real estate industry competition, this relationship is unfavorable to the normalized operation and capital operation of Dumas shares. According to the company, after the completion of the fixed increase, east bank holdings of all real estate development assets will be all into the stock, on the one hand, thoroughly solve the competition in the market for the standardization of capital markets, for the company's future capital operation to clear obstacles; on the other hand, the position of Di Ma shares more clearly, that is to become the east bank holding real estate　　, which solves the development problem of the company's future industry orientation. It is understood that, because the east bank holdings owned by the Di Horse shares outside the scale of the real estate assets Udima shares, in the actual Middle East bank holdings is difficult to ensure full support for Dumas shares, and the realization of the overall real estate development business after the listing, its support for Dumas shares will be greater. According to Dumas shares strategy, will strive for 2015 into the National Housing enterprises 50 strong.