Increase of shareholding of subsidiaries Chiaki the prelude of internal resources integration

After completing the strategic layout of the seed carrier, a large number of subsidiaries and the accompanying minority shareholder rights and interests to recover the problem, became the market parties to the Chiaki Center (000998, closing price of 29.44 yuan) focus. Today, Chiaki Tech has finally taken a solid first step in its internal resource consolidation-a 28% per cent stake in Chiaki, the takeover holding subsidiary, in Sichuan, meaning that the weight of net profit growth for the parent company's shareholders has begun to loosen.　　At the same time, the fund "one elder brother" Sun Jianbo led by the Chinese business spirit of Chiaki high-tech, is also left to the capital market to Chiaki endless reverie source.　　53.76 million overweight subsidiaries, 28% Equity Chiaki, announced today that it would recover a 28% per cent stake in Chiaki, a holding subsidiary, in the 53.76 million-dollar price.　　In the Chiaki of Sichuan Province, Chiaki has a capital contribution of 15.6 million yuan, accounting for 52% of total equity, natural person Miupeizong holding 9 million yuan, accounting for 30% of total equity, and natural person Huang Weitri holding 5.4 million yuan, accounting for 18% of total equity. This time, Chiaki will acquire Miupeizong to hold a 10% per cent stake in Sichuan Chiaki, acquiring Huang Weitri to hold a 18% per cent stake in Sichuan Chiaki. The transfer price of the equity is 6.4 yuan/share, and the total transfer value of the shares is 53.76 million yuan.　　After the completion of the transaction, Sichuan Chiaki's shareholding structure was changed to Chiaki to hold 24 million yuan of capital contribution, accounting for 80% of total equity, Miupeizong holding 6 million yuan capital contribution, accounting for 20% of total equity.　　A large brokerage analyst told The Daily Economic news reporter, Chiaki hi-tech, the integration of internal resources, in its build industry aircraft carrier's road undoubtedly has a solid meaning. Although a large number of subsidiaries, but without a subsidiary management, Chiaki to build a seed carrier of the road will be very tortuous, so how to seek the unity of the parent company and the management interests of the subsidiary companies to become the biggest problem Chiaki management. On the other hand, if in the current do not reclaim these shareholder equity, with the later profit growth, the difficulty is also very large, this will also force Chiaki management must solve the minority equity issue in the short term, so this time to Sichuan Chiaki 28% Equity Recovery, which is a prelude to the integration of resources,　　At the same time also in a side to prove the Chiaki management of the layout of the seed industry, bigger and stronger strong confidence. The Chinese merchant Prosperous place attracts "reverie" afore-mentioned Securities analyst thinks, the capital market reflects is the anticipation, when the first step is opened, subsequent internal resource integration will follow.　　Short-term performance considerations, if the 2011 Chiaki Tech Recovery of all minority shareholders, its annual performance contribution will reach about 0.8 yuan, the short-term market catalyst has become. In addition to the above recovery of Sichuan Chiaki 28% stake is expected to form a market catalyst outside, in today's annual report of the Chiaki Bulletin, the fund "one elder brother" Sun Jianbo, led by the Chinese business spirit of the strong two quarter, will also trigger a further reverie of the market for Chiaki, the annual report shows that the two-quarter Chinese merchants flourishing new 5.49 million shares,　　Listed as the fifth largest shareholder of circulating shares.The Chinese merchant flourishing not only has the fund "one elder brother" Sun Jianbo the only aspect, "The Daily economic news" reporter discovered, last year Chinese merchant flourishing period also in two quarter to intervene in the sea seed industry (002041, Closing price of 50.77 Yuan), and in the subsequent September Chinese business prosperous Denghai seed industry holdings also up to 4.53 million shares, this period of the sea seed industry launched this round of the seeds of cattle stock market, and become the entire agricultural stock annual market benchmark. Responsible Editor: NF045