Hua Li holding the directional issue of additional Beijing tourism quietly easy to master

Under the "Taibaodalan" of China Huali Holding Group Co., Ltd., the largest shareholder of Beijing tourism will be quietly easy to master.　　After a week's suspension, Beijing tourism disclosed today, to 10.75 yuan/share of the issue of the distribution of 50 million shares, raised funds in the deduction of the issue fee, will be used for the extension of Longquan Hotel, Tanesi, Jietai Scenic area to create 5 A-class scenic upgrade, Baihua Hotel renovation and expansion and repayment of bank loans and other projects. Beijing Tourism said that after the collection of funds in place, the company increased liquidity, to meet the production and operation of capital needs, reduce corporate financing, reduce loan interest expenses.　　In addition, with the implementation and completion of the project as scheduled, will be in the future for the company to bring better investment returns, conducive to improve the company's profitability level.　　However, compared with the prospect of Beijing tourism, this directional additional issue is the master of Hua Li Holdings. With most of the other companies to choose a number of additional objects, Beijing Tourism This decision only to the Hua Li holding a directional issue, the latter is to cash 537.5 million yuan for full subscription. It is worth mentioning that, as Beijing tourism, the former largest shareholder in Beijing Kunlun Kun Investment Co., Ltd. previously held only 48.6973 million shares, so after the release, Huali Holdings will be 26.67% of the shareholding ratio leaped into the largest shareholder of the listed company. Under this background, the board pattern of Beijing tourism will also be changed.　　According to the introduction of Beijing tourism, after the Non-public offering is completed, the Board of Directors of the company is set up to be composed of 15 directors, of which 5 are independent directors, and 5 are recommended by Hua Li Holdings, and 3 are recommended from Kun Lun, and 2 are nominated by other shareholders. Interestingly, Hua Li Holdings of the industry and Beijing tourism does not have much relevance. Data show that Huali holding main business involves real estate, mining, hotels, medical industry and many other industries, has successfully operated the Nanchang Wealth Plaza project, Kunming City of Dianchi Project, Beijing Lufthansa class project, etc., is still in the development of the project are: Sanya Shuicheng real estate development projects, Chongqing Hong Fan property projects, Lianyungang Hua Zhenjun Yuet Wealth Project, Xishui coal mine, Hubei vanadium ore and so on. By the end of 2009, Huali Holdings owned more than 4 billion yuan, forming a industrial cluster with real estate industry, health care industry, infrastructure construction, energy mining and business chain hotels as the core. And after the arrival of the Beijing tourism, Hua Li Holdings of assets will undoubtedly expand further.