Oriental Media New Media assets backdoor broadcasting information scheme

"Financial Network" news reporter Li Shucheng is concerned about the radio and television information (600637.SH) restructuring plan finally settled, Shanghai Oriental Media Group Co., Ltd. (hereinafter referred to as the Oriental Media) will be part of its assets into radio and television information, so as to achieve its new media assets of the shell listing. The reorganization plan consists of three transactions involving the transfer of shares, the sale of assets, the purchase of cash and shares. The transfer of shares, the Oriental media in cash to buy large shareholder instrument Electric Group Holdings of radio and television information 36.6% shares, the acquisition price of 7.67 yuan/share, the total transaction price of total 1.99 billion yuan. For the sale of assets, radio and television information to the instrument and Power group and its affiliated parties to sell all the main business-related assets and some of the non-main assets, to the instrument and electricity group unrelated third party to sell the company or subordinate companies part of the non-main business-related assets. The core part of the scheme is the radio and television information to cash 1.223 billion yuan and to the Oriental media non-public offering shares to buy its hundred-vision technology 51.7763% Equity, SMG Technology 100% Equity, radio and television production 100% equity, letter investment shares 21.33% shares,　　At the same time to the eastern media outside the Jiagia technology other shareholders of the Non-public offering shares to buy its own hundred-vision technology total 48.2237% of the equity.　　Radio and television information is the main business for electronic manufacturing and network information services, after the reorganization is completed, the company will achieve the main business to IPTV, mobile TV, Internet video, film and television production, such as the overall transformation of new media business. Hundred Vision Technology 2010 years, 2011 net profit forecast respectively is 150 million yuan, 185 million yuan; The net profit forecast for the 2010 and 2011 of SMG Technology is 18.96 million yuan and 17.23 million yuan respectively; Radio and television Production 2010, 2011 net profit forecast is 20.01 million yuan, 21.1 million yuan respectively ; in 2010 and 2011, the forecast of net profit was 310 million yuan and 190 million yuan respectively; In a comprehensive view, the forecast of combined net profit in 2010 years and 2011 was 255 million yuan and 266 million yuan respectively. In addition to the investment income of the shares, the technology contributes the most profit, which is the core asset of the listed company after reorganization.　　Hundred-Vision Technology is the leading IPTV new media audio-visual business operators and service providers, in the three-network integration and new cultural industry development background, the future performance of sustained growth is worth looking forward to. Oriental Media Group is the core business of media industry, is a set of radio and television production, newspaper distribution, network media and entertainment-related business as one of the multimedia group, its subordinate business section covers film and television dramas, children's animation, entertainment, sports events, lifestyle, professional financial information, documentaries, TV shopping, new media,　　Large-scale activities such as content production, investment and operation areas. 8th Night, the instrument and electricity group, another listed company, radio and television electronics (600602.sh/b 900901.SH) issued a notice that the company intends to acquire radio and television information-related assets, including Shanghai Guang Lian Electronics Co., Ltd. 100% Equity, onSea radio and Television Communications Technology Co., Ltd. 100% Equity, Shanghai Radio and Television Optical Technology Co., Ltd. 95% Equity, the transfer price amounted to 96.2318 million yuan.　　This further promoted the broadcasting and television information reorganization process.　　In the good anticipation of asset restructuring, radio and television information shares have recently risen sharply, now close to the acquisition price of twice times.　　8th, radio and television information to the 14.63 yuan. (Stock market Weekly feeds)