On the radio and television real estate backdoor Jilin pharmaceutical industry blocked, radio and television Group exclusive response to the New Express: restructuring has a new alternative yesterday, in response to radio and television real estate backdoor Jilin Pharmaceutical blocked, radio and television Group chairman Chao Yong to the "New Express" made an exclusive response. Chao Yong said that under the influence of management control, radio and television real estate backdoor really difficult to implement, but the group has a new alternative, in the future or will be financial investment in the new restructuring to gain revenue. Chao Yong said that the radio and television group originally intended to carry out the reorganization of Jilin Pharmaceutical. But the injection of assets into the property business, it is difficult to be approved by the SFC, the reorganization has been suspended. The group plans to switch to financial investors and introduce new asset injections. According to Chao Yong, the new reorganization is very different from the previous group's backdoor. "Before we took this part of the stake as a holding party, as long as the local approval on the line." But now the nature of this part of the equity has changed, Jilin Pharmaceutical has become a state-owned holding. If you now transfer this part of the equity, lose control, the approval process will be very complicated. Chao Yong explained to reporters, "Now is 5% of the state-owned equity transfer must be approved by superiors, which form a policy barrier." Therefore, the future is likely to take to the new reorganization of the direction of additional, so as to achieve restructuring. "If you operate this way, the value of future holdings will change with the quality of the injected assets," he said. "If it is a very good asset, the future share price will also be reflected, we will also make substantial financial gains." "Of course, if the quality of the injected asset is bad, the share price will go down," Chao Yong laughs. But we certainly need to find some of the market's more acceptable, value may be rising assets, so as to achieve a good return on investment. "However, Chao Yong also said that if SASAC is strategically considering restructuring, then there may be other options, which will also be subject to the government's request." "We already have plans to do, the specific situation is not yet convenient to disclose, and thereafter there will be announcements, please investors to maintain concern." Chao Yong said at last. Responsible Editor: NF058
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