Property developers approved by provincial Sasac

Source: Internet
Author: User
Keywords Property developers won the provincial
Tags company developers development listed listed companies notice
St (600149) February 1 announced that the company January 31 received the first major shareholder Beijing volume Stone Xuan Real Estate Development Co., Ltd. notice, Hebei Province Sasac agreed to Langfang land Development and Construction Investment Co., Ltd. Beijing volume Stone Xuan Property Development Co., Ltd. held St 50.05 million shares. By this positive news stimulation, ST established January 31 trading, the last 4 trading days accumulated up 12.36%. September 2, 2010, St announced the major shareholder will be easy to master the news, Langfang Land development and Construction Investment Co., Ltd. will be funded 284 million yuan acquisition volume Stein holding listed companies 50.05 million shares, become a new controlling shareholder of listed companies.  Prior to that, St built a three-year three easy to its owners, restructuring progress twists and turns, the company in 2008-year loss of 11 million yuan, 2009 net profit of only 2.46 million yuan, and the company is expected to 2010 will be a loss of 100 million yuan. Some analysts said, Langfang Country opened, the shareholding is still low, only 13.17%, the future is expected through targeted additional to the listed companies to inject assets, improve performance, and enhance the holding power. However, due to the current real estate company asset injection is difficult to obtain approval, Langfang state opened the next step to St capital operation is difficult to determine.
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