Shandong high-speed major shareholder injected 7.5 billion assets today trading

NetEase Finance November 22 News Shandong High-speed (600350) issued a notice, the company's second board successfully passed the reorganization of the various bills, the reorganization of assets formally announced, the reorganization of the value of the assets of 7.512 billion yuan, if the acquisition of success, will be the first largest capital operation in Shandong Province. According to the assessment report, Shandong high-speed this major asset restructuring to acquire the total value of the target assets of up to 7.512 billion yuan, the target assets include Shandong Expressway Transportation Company (Beijing-Fuzhou high-speed de qi South, Qi ji Duan, Jitai Duan and Wei Milk high-speed) 100% equity and Shandong High-speed Weifang Road Co., Ltd. 51% of the equity,　　A total of about 290 kilometers of highways. Shandong high speed to Shandong High-speed Group Co., Ltd. to the price of 5.29 yuan per share, the issue of 1.42 billion shares to acquire the above-mentioned assets.　　Shandong high-speed this major asset restructuring is the first major capital operation in Shandong Province, is also the largest highway industry assets reorganization Project, will effectively accelerate the pace of the overall listing of the domestic expressway industry. It is reported that the injection of assets development stamina full, Shandong high-speed will be the industry leader. The reorganization of the Beijing-Fuzhou high-speed section for the National Highway Network longitudinal main Line of Beijing-Fuzhou high-speed, Beijing-Shanghai high-speed in Shandong's overlapping sections, length of 139 kilometers, but also Shandong province and even the country's most profitable highway, equivalent to another "Jinan-Qingdao high-speed." Granville Milk high-speed connection Shandong province, the highest development level, the potential of the largest and most dynamic Jiaodong Peninsula economic Area of Weihai, Qingdao, the future is expected to become the Shandong Peninsula Blue Economic Zone, one of the busiest traffic routes.　　As an important traffic route in the Yellow River delta, the compound growth rate reaches 17%, and will continue to benefit from the development of the "high efficient ecological economic zone" of the Yellow River delta for the national strategy. According to the calculation, the above three high speed in 2010, 2011 Forecast Net Profit Total is 484 million yuan, 688 million yuan respectively, after the transaction completes the company 2010, 2011 degree to realize the net profit which belongs to the parent company owner is 1.618 billion yuan and 2.021 billion yuan respectively.　　After the completion of the reorganization of assets, the company's management of toll road mileage will be effectively increased from the current about 801 km to about 1091 kilometers, leaped to the top of the domestic highway listed companies. Shandong high-speed opened today closed trading, and led to the rise of the highway stock, turnover significantly enlarged.