LiuGong disclosure of Polish company's progress today's strong impact on trading

NetEase Financial January 28 suspension of nearly 10 trading days, the disclosure process "carefully", following yesterday's announcement of the Polish Acquisition project and part of the contract content, LiuGong today announced further disclosure of the object of the acquisition of assets and other transactions details. The LiuGong acquisition target for the Polish construction machinery manufacturer HSW Company's Construction Machinery Business (Division I) and its subsidiary Dressta (including the Dressta of three subsidiaries), from the disclosure of the asset situation disclosed today, two major assets in the last two years of continuous losses, net assets with the shrinkage,　　The profit situation is not optimistic. Announcement disclosed that as of December 31, 2009, Division I of the total assets of about 722 million yuan, the net assets discount contract 359 million yuan, 2009 8-December (Division I in August 2009), Division I achieve a total sales revenue of about 174 million yuan, the net loss of about 39.72 million yuan.　　As of December 31, 2009, Dressta total assets of about 377 million yuan, net assets of only about 14.15 million yuan, the cumulative 2009 annual sales revenue of about 441 million yuan, net loss of about 22.54 million yuan.　　2010 years ago Three quarter, Division I and Dressta respectively realize revenue equivalent to about 347 million yuan and 344 million yuan, the loss is about 46.22 million yuan and 14.23 million yuan respectively. Division I and Dressta after the merger, September 30, 2010, the asset status of the total assets of about 773 million yuan, net assets of about 225 million yuan, accounts receivable about 154 million yuan.　　2010 1-September, the two assets sales total of about 472 million yuan, net loss of about 59.72 million yuan.　　The announcement showed that the transaction price range of 1.00-265 million zloty, about the equivalent of 2.28-605 million yuan, the specific transaction price depends on the date of delivery of the transaction target financial position including net assets, bank liabilities, liabilities for HSW and debt restructuring and other factors. The company announced that the two sides in the implementation of the initial acquisition agreement agreed upon the terms of the transaction, and then signed a conditional acquisition agreement. In order to ensure the smooth development of the project and the final completion of the transaction, the parties agree that the terms agreed in the preliminary agreement must be kept confidential and not disclosed to any third party except with the written permission of the other party, which may be the reason why the company is particularly cautious about the disclosure of the contract content.　　In addition, the company is concerned that this disclosure may have an "unforeseen impact" on the next step of the project. Second-tier market, LiuGong today Gaokaigao go, afternoon volume Chong Rose Stop, closing the closing price of 35.87 yuan, trading has not been opened, turnover of 1.012 billion.