Leo shares directed additional 18.52 million shares to buy Swan pump industry

NetEase Finance March 10 Leo shares 10th evening issued a notice, to Oyayun and other nine natural persons and Rui Goose Investment issued a shares to buy its total swan pump 92.61% of the equity, the transaction price of 270 million yuan.　　The company intends to issue 18.5244 million shares, the issue price of 14.58 yuan/share.　　Leo shares said that in order to achieve a wholly-owned holding Swan Pump, fully enjoy the future profits of the swan Pump, but also in order to solve the euro-Asia cloud of personal capital needs, in addition to this transaction, the company also in cash to acquire the remaining 7.39% of the Swan Pump Oyayun Holdings.　　Leo shares said that the company has been looking for the industry through the capital market, to find opportunities for mergers and acquisitions, the industry will gradually develop into a model of horizontal expansion, industry integration, the pump industry to change the concentration of the low level of the status quo, but also to promote the continued growth of corporate performance.　　Swan Pump will and Hunan Lee Europe Pump Co., Ltd. together constitute the company in Hunan Industrial pump base, optimize the company's product structure, to enhance the company in large and medium-sized industrial pump Equipment (equipment) manufacturing areas of competitiveness. Leo shares said that the swan pump profitability is better, can further enhance the company's profitability.　　Assuming that the transaction was completed on January 1, 2009, the company's earnings per share in 2009 could be increased from $0.32 to $0.36, with an increase of about 12.5% per share, 2010 1-October earnings could be increased from 0.32 to 0.35 yuan and an increase of about 9.38%. Leo shares 10th low open lower, closed down 2.32%, reported closed at 21.88 Yuan. Responsible Editor: NF054