Hna to the St. Huang Shanynen Zhoushan richest man completely out

Due to the planning of major restructuring suspended for nearly 4 months of St. Huitong, last night disclosed reorganization plan. In short, and the market is expected, the HNA group to replace St Huitong existing large shareholder boat base group, to become the leading group of St sinks, the reorganization plan is divided into asset replacement and Non-public offering to buy two parts,　　St Sinks General St Huitong to all assets and liabilities and HNA industry held by the Bohai Sea leasing equivalent equity to replace, at the same time to the Bohai Sea leasing all shareholders to buy their own shares of the Bohai Sea leasing surplus, after the completion of the deal, St Huitong 100% holding the Bohai Sea lease equity. "No so-called good or bad, basically in the market expectations."　　A fund person told the Morning News reporter conservatively. Boat base "Lightning" out from June 30, 2009 to July 8, Zhoushan's richest man Huang Shanynen through the actual control of the boat base group to buy St. 3 million shares, coupled with the previous Shenzhen-fu-Ding Investment Co., Ltd. held 30 million shares of limited sales conditions of the circulation of shares, so that the group has a total of St Huitong 3300 shares　　Thus become the largest shareholder of St Huitong. After the acquisition of control, the boat base group immediately plan to the reorganization of the St. Huitong.　　It was widely expected that the Huangshan annual meeting would inject its golden Gulf ship and the same base shipping industry into listed companies.　　But only a few days, in mid-July 2009, Huang Shanynen unexpectedly will be the company's share of the shares of HNA Group's large Xinhua logistics group. And the reorganization plan announced yesterday, the boat base group in the reorganization, is completely lose the dominant power.　　If successfully reorganized, the boat base group will be out and be replaced by HNA Group. Prima facie, as at February 28, 2010, St Huitong Net assets book value of 343.3307 million yuan, net assets of 436.9468 million yuan.　　In the Bohai Sea, the book value of the leased net assets is 6,511,162,200 yuan, estimated at 6,511,163,300 yuan.　　For the difference part of the replacement, St Huitong to the Bohai Sea leasing shareholders to 9 yuan per share issued not more than 700 million shares. Because HNA group actually control Bohai Sea leasing more than 90% of the shares.　　Therefore, in accordance with the issue of 700 million shares calculation, HNA Group will control the St Huitong 630 million yuan, the total shares after the issuance of 63%, far more than holding 33 million shares of the boat base.　　Previous market analysts have pointed out that the boat base in the St Huitong Fast Forward, or with Huang Shanynen in September 2009 was CCDI carried away the investigation.　　From the actual operation, as early as last October, HNA Department-HNA Real estate Vice-President Song replaced the Huang Shanynen "direct" Zhong Zhijun as chairman of the Boat Foundation group.　　The Bohai Sea leases rely on subsidies?　　Public data show that the Bohai Sea leasing in December 4, 2007 by the HNA Industrial capital of 100 million yuan to form, and in September 2008 approved by the Ministry of Commerce as the fifth batch of domestic financial leasing pilot enterprises.　　Since then, after a number of additional capital expansion shares, as at February 28, 2010, the Bohai Sea lease registered total capital of 6.26 billion yuan. In operatingPerformance, the Bohai Sea Lease 2008 to achieve the ownership of the parent company net profit of 38.7526 million yuan, 2009 to achieve the ownership of the parent company net profit of 101.7382 million yuan. But the newspaper reporter noted that the above performance, financial subsidies accounted for the majority.　　2009, the Bohai Sea leased the government subsidies accounted for the annual net profit of 44.78%. "As of March 31, 2010, the Bohai Sea leased the government subsidy accounted for the Bohai Sea rental in the first quarter of 2010 net profit of 66.38%, is expected to 2010 Bohai Sea lease of the year to obtain government subsidies accounted for the 2010 annual net profit of 36.84%."　　"Reorganization plan disclosed.　　In this respect, the former fund person evaluates that, compared to another market expectation-the Golden Gulf shipping industry, "the scheme is better because the ship is also cyclical industry". "Leasing is a promising industry, and once the business is established, its revenue will be very stable and the cost is very small."　　said the person added.　　Profit-making "through investment" according to the above estimates, according to twice times the PB, the company's restructured share price will reach 13 yuan, compared with the current price of about 50% of the rising space.　　Before the suspension of the January 21, St remitted closed at 9.10, down 1.83%.　　Clearly, the *ST reorganization can bring benefits to all investors, especially those who flash shares in the Bohai Sea leasing investors. The morning paper reporter to see the scheme, HNA Group through the HNA industry, the letter investment, Yanshan investment, days, honest investment and other related companies hold the Bohai Sea lease more than 90.42% of the shares.　　In addition, Tian Bao Investment, vision Investment, and the investment of the Bohai Sea, respectively, holding 4.79%, 3.19%, 1.6%. Among them, the Tian Bao investment belongs to the Tianjin Port bonded area Sasac; The prospect investment is a limited partnership, established on December 23, 2009, the shareholder includes Li Tao Finance Co., Ltd., and its shareholders are individuals. November 2, 2009, the investment capital of 100 million Yuan shares.