Feng: I will give 51% shares of the Chinese flag to the employees to hold

Source: Internet
Author: User
Keywords Entrepreneurship venture capital entrepreneurial information digging the shell net
China's largest manufacturers of MP3, MP4, mobile storage products and digital cameras-BEIJING China Flag Information Technology Co., Ltd. (hereinafter referred to as "China Flag Information") is currently preparing the company's shareholding system transformation, planning financing listing. Yesterday, the Chinese flag information President Feng said, has already begun to go public before the preparation work.  Because the Chinese flag information part of "Recording and storage device products" to provide military information security field, so, according to the relevant provisions, China flag information can only be listed in the domestic a-share, and can not find foreign investors to cooperate. Feng said: "I have made a commitment within the company, I will give the Chinese flag information of 51% shares to the company staff to hold." To gradually dilute the remaining 49% shares, select the appropriate local investor partners to finance.  Although the Chinese flag information can not be listed on the overseas exchanges, but for the Chinese flag information is not involved in the "information security" business of many subsidiaries, listing locations and investor partners will not be "domestic" and "outside" restrictions. In the planning of Feng, several subsidiaries of China Flag information will be listed in the process faster.  At present, more than two subsidiaries have been identified in advance listing of China flag information: Beijing Patriot Ideal Flying Education Technology Co., Ltd. (hereinafter called "The Patriot Ideal Flying"), Beijing Patriot Digital Audio Technology Co., Ltd. (hereinafter called "Patriot Digital Audio"). Patriot Ideal Flying was founded last August, is by the Chinese flag information and Li Yang Cultural Education Development Co., Ltd. jointly invested, each holding 50% shares.  Patriot Ideal flying positioning for the education and training industry, China flag information will be for the company to carry out business to provide "sound correction machine", "Point reading Pen" and other digital support equipment.  Feng introduced that, at present, the Patriot ideal flying has officially carried out financing work, the smooth words will become the first China flag information subsidiary. Patriot Digital Audio is recently by the Chinese flag information core MP3 division out of the subsidiary, is currently brewing financing matters.
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