Sichuan Changhong will transfer 2.4% stake in the Great Wall securities by way of listing

NetEase Finance September 20 news Sichuan Changhong Monday Evening announced that the company intends to transfer holdings of the Great Wall securities 2.42% Equity, is expected to achieve investment income of about 220 million yuan. Transfer 2.42% shares of Great Wall securities Sichuan Changhong said, according to the company's "industry focus, resources gathered" business principles, in order to focus on resources to develop the core industry, while activating the company's non-business assets and to achieve the value of assets, the Board of directors to consider and pass the "on the listing of the　　The proposed transfer of property rights through the listing of the Great Wall Securities held 50 million yuan (2.42%) equity, is expected to achieve investment income of about 220 million yuan. Estimated revenue of about $220 million according to the assessment report, June 30, 2010 as the benchmark day, Sichuan Changhong Holdings of the Great Wall securities 50 million yuan (2.42%) equity in the evaluation of the base day of the market value of 27,011 20,000 yuan, each 1 yuan units corresponding to the value of the evaluation of 5.40 yuan.　　According to the evaluation value, this equity transfer deduction of the company's initial investment costs will achieve investment income of about 220 million yuan.　　Sichuan Changhong said the assessment report still needs to be reported to the Mianyang state Assets Supervision and Administration Commission for the record. Great Wall Securities was established in November 1995, the current registered capital of 2.067 billion yuan, Sichuan Changhong Capital of 50 million yuan, holding 2.42% stake in the Great Wall securities. As of June 30, 2010, the total assets of Great Wall securities amounted to 1,758,334.300,000 Yuan, the owner's equity is 680,122.970,000 yuan. In the first half of 2010, the Great Wall Securities realized operating income 79,409.640,000 yuan, operating profit of 30,045.610,000 yuan, net profit 29,017.190,000 Yuan.