Guangdong Media into Guangzhou daily 4.2 billion assets today unlimited trading

NetEase Financial August 16 suspended nearly three months after the Guangdong Media restructuring program was finally released, Guangdong Media (002181. SZ) today issued a notice, to the actual control of Guangzhou Daily, a wholly-owned subsidiary of Guangzhou Media Holdings Limited (hereinafter referred to as "Canton Media") issue shares, buy the latter holding Guangzhou daily newspaper Business Co., Ltd., Guangzhou Dayang Media Co., Ltd. and Guangzhou Daily New Media Co., Ltd. 100% of the equity.　　The Guangzhou Daily also pledged to allow listed companies to acquire more assets if future conditions permit or mature.　　Today, after the opening, the Guangdong media that sealed the limit, the deal is weak, half an hour to deal only 1.75 million yuan, the market reluctant can be seen. The plan indicated that the above three companies ' underlying assets were estimated at 4.2 billion yuan.　　Guangdong Media will be issued in accordance with the number of not more than 450 million shares of the ordinary A shares, the nominal value of 1 yuan, the issue base price of 11.24 yuan/share. The Guangdong Media has signed the agreement on purchase of shares with the mass media on 13th and was approved by the Board of Directors of the company. Guangdong Media to the main printing, while operating newspaper ads, books and periodicals sales business. Last year, the company realized operating income of 315 million yuan, belong to the company's ordinary shareholders net profit of 93.3588 million yuan, after deducting the non-recurrent profit and loss after the company's ordinary shareholders net profit of 2.0354 million yuan, down 92.53%. In the first half of this year, the company's profitability improved, belonging to the listed companies of ordinary shareholders of the net profit of 8.4826 million yuan. To this end, Guangzhou daily and the reorganization of the media decided to Guangdong media to carry out the major asset reorganization.