New technology receives 320 million restructuring gains

New technology announced today that the company's reorganization plan has been implemented, under the auspices of the Guangzhou Fanyu District Court and the reorganization administrator, to repay the creditors with a 35% debt rate. According to the reorganization plan, The total amount of new technology debt was $320 million, which was repaid at about $114 million in the reorganization, after all the remaining claims are exempted, since the repayment of the debt is mainly from the shareholder's transfer of equity and equity liquidity, the company obtained a debt restructuring income of 320 million yuan, the company's current total share capital only 320 million shares, that is, the net profit per share of debt restructuring will reach 1 yuan /unit, and will be reflected in the third quarter of 2010. This means that new technology wearing a six-year-old St hat will be announced after the 2010 Annual report to apply for removal.