Radio and television information Restructuring program released today unlimited Trading

NetEase Financial January 11 news broadcast yesterday evening announced that the announcement of the major asset restructuring plan, the main transactions by the transfer of shares, asset sales, cash and issued shares purchase assets of three transactions. January 10, 2011, Shanghai Oriental Media Group Co., Ltd. and Shanghai Instrument Electric Holding (group) company signed the "Transfer of Shanghai Radio and television Information Industry Co., Ltd. part of the share transfer agreement", Oriental Media Group to 7.67 yuan/share of the price of cash acquisition instrument electric holding of radio and television information 36.6%　　Shares, that is 259,452,717 shares, total transaction price of 1.99 billion yuan. The acquisition of the Oriental Media Plan in the meantime, broadcasting information to the instrument Electric Group and its affiliated party to sell all the main business-related assets and some of the non-business assets, to the instrument and electricity group unrelated third party to sell the company or the company's subordinate companies part of the related assets,　　The rights and obligations related to the assets mentioned above and the persons concerned shall be taken and arranged by the receiving party after the sale of the assets, and all the assets sold will be paid in cash and the estimated value of the proposed sale is about $3.2 billion.　　The announcement indicated that the reorganization of the assets will not include the company owned by the Shanghai Xuhui District, 250 Hong Mei Street 4 Hill/Yishan Road No. 757, Shanghai House Xu Word (2006) number No. 026154 of the real estate, the proposed sale of assets of the estimated estimate of about 3.2 billion yuan. At the same time, radio and television information to be 1.223 billion yuan in cash and to the Oriental media will increase its holdings of hundred-Vision network television technology Development Limited liability company 51.77% Equity, Shanghai Technology (Group) Co., Ltd. 100% Equity, Shanghai Radio and Television Production Co., Ltd. 100% Equity,　　Shanghai Information Investment Co., Ltd. 21.33% shares. In addition, radio and television information is also planned to be in addition to the Oriental media, such as shares of Jiagia technology other shareholders non-public offering shares to buy its own hundred-vision technology total 48.22% of the shares, the issue price of 7.67 yuan/share.　　The estimated pre-valuation of the assets of listed companies is about $4.3 billion. After the transaction, the main business of radio and television information will be changed to new media technology services and marketing and media information technology services and equipment engineering business, the main business has undergone fundamental changes. The controlling shareholder of the company will be changed to the Oriental media.　　The company's shares will be licensed on January 11.　　Radio and television information, said that the major asset reorganization three transactions together constitute an indivisible whole, three transactions of any one did not obtain the necessary approval, then the other two transactions are not effective, radio and television information This major asset restructuring program from the beginning does not take effect.　　Secondary market, the stock today, the unlimited trading, 9.22 yuan. Related news: Radio and television information restructuring program to buy hundred-vision 4.3 billion assets