High-hung shares restructuring plan to be launched into the full share of Gao Yang Swift

China Securities Network News (reporter Shang) high-hung shares (000851, shares) September 23 evening announced the issuance of shares to buy assets and related trading plans. The company intends to purchase its 63.649% stake in Beijing High Yang Jiexun Information Technology Co., Ltd. by offering 10 shareholders of the Telecommunication Science and Technology Research Institute, Datang Hi-tech Venture capital Co., Ltd., and the transaction is valued at 518.3902 million yuan.　　At the same time, the company's shares will be a duplicate on September 24. Previously, High-hung shares in July 2013 through the acquisition of equity and the way to increase capital has a 36.351% per cent stake in Gao Yang.　　After the completion of the reorganization of assets, the company will hold a 100% stake in Gao Yang, but the company's main business has not changed, this transaction has not led to the actual control of the change. According to the plan, the company issued shares of the issue price of 7.65 yuan/share.　　In accordance with the Gao Yangjie 63.649% equity of the estimated 518.3902 million yuan and the issue price of 7.65 yuan/share calculation, the transaction issued about 67.7634 million shares, accounting for the total share capital after the issuance of 11.61%. The trading pre-valuation base date is July 31, 2013, the transaction intends to purchase a high Yang Jiexun of assets estimated at about 814.4515 million yuan, combined with the acquisition of the equity ratio of 63.649% calculation, This transaction amount is about 518.3902 million yuan, the evaluation value added 612.0881 million yuan, the value-added rate 288.81%.　　After consultation, the final transaction price shall be determined by the valuation institution with the qualification of the Securities and futures market on July 31, 2013 as the evaluation base date. At present, the high Yang Jiexun business consists of the Internet Micro Digital commodity trading business, payment software business and third-party payment business. As of July 31, 2013, high Yang Jiexun total assets of 471.2161 million yuan, net assets of 194.2819 million yuan, 2013 1-July operating income of 126.8524 million yuan, net profit of 30.328 million yuan.