Sichuan run shares plan to buy Shaanxi Datang New Energy power company 30% Equity

NetEase Finance January 11 News of the evening announced the announcement, January 11, 2011, the company and Shaanxi Datang New Energy Design Co., Ltd. in consultation, the acquisition of Shaanxi Datang New Energy Design Co., Ltd. 30% Equity and the increase in its capital, the two sides reached a cooperative intent agreement. The announcement shows that Wang Quangen is a new energy power shareholder and legal representative of Datang, holding a 48% stake in Datang New Energy power.　　Chuan Run shares to registered capital of 1:3 percentage (that is, 3 yuan per share) premium acquisition Wang Quangen holding Datang New Energy power 30% of the equity, Datang New Energy other shareholders in writing agreed to give up the priority of the rights. At the same time, in order to ensure the smooth operation of Datang new power, Wang Quangen agreed that Chuan-run shares in the holding of Datang New energy 30% of the equity, according to the registered capital of 1:1 percentage (that is, 1 yuan per share) capital contribution of 15 million yuan, to increase datang New energy registered capital to 35 million.　　By then, Chuan-run shares to hold datang new energy power share increased to 60%. Chuan Run shares said that the implementation of cooperative intent agreement on the company's current operating results have no significant impact. If the agreement can be successfully implemented, the future will benefit the company to extend the industrial chain, improve the core competitiveness of enterprises.　　At the same time, the acquisition of equity and capital increase mainly from the company's own funds, the company's financial situation is not significant. As of January 11 closed, Chuan run shares reported 27.00 Yuan, down 2.35%.