Southern Home Ownership follow-up operation is worth seeing

⊙ reporter Wang Hongbin 0 editor Chujiang with Xu's brothers active fade Out, China hydropower (601669, share bar) real Estate finally completed the acquisition of Southern Home (002305, shares bar) The last step, the Southland home property will be "justifiably" officially become a holding subsidiary of hydroelectric property. "Three steps" after the main road, Southland Real Estate announced today, China Hydroelectric property September 22 and the company's major shareholder Xu Xiaoming signed the agreement on the transfer of shares, agreed to 8.43 yuan/share of the price of Xu Xiaoming owned by the south of the Southern property rights 99.65 million shares (accounting for the company's total equity 10.32%).　　After the completion of the acquisition, China's hydroelectric property will become the company's largest shareholder, the direct and indirect shareholding rate rose to 39.92%;　　The company said that through the transfer of the agreement, China's hydropower real estate to the south of the actual control of the power to further strengthen, to rationalize the southern home ownership and management structure, conducive to the future development of the company. It is in fact "three steps" to review the process of China's hydroelectric property ownership in the Southland.　　First, in November last year, the actual control of Southland real estate Xu Xiaoming, Xu Xianming Brothers to China's hydroelectric property, the overall transfer of Southern home ownership of the large shareholder of Wuhan Xintiandi Investment Co., Ltd. 100% stake and South China property 8%, the Chinese hydroelectric property has leapt to become the company's two shareholders, the proportion of 29.59%. Second, in the first half of this year, the company's board re-election, after arrangements, China's hydroelectric property in the new board of directors won 7 non-exclusive seats in the 4 seats, and China hydropower real Estate chairman Xiajin became the new chairman of the company.　　To further fulfill China's hydroelectric property, Xu Xiaoming subsequently gave up the voting rights of 15% per cent of the South China property, so that Chinese hydroelectric property would become the shareholder with the largest number of voting shares in the company. And the transfer of equity is the "three steps" of the finale. Industry analysts pointed out that, and other one-time equity transfer led to changes in the actual control of the case, China's hydropower real estate incremental merger is conducive to the smooth running-in of both sides, to ensure the relative stability of the Southland home. "In fact, both sides enjoy a love process that avoids the negative effects of direct marriage," he said. "To discuss the subway supporting commercial real estate project Securities analysts believe that China's hydroelectric property" married "Southland home ownership at least two aspects for the market recognition. First, the southern home for many years in commercial real estate accumulation of operational advantages and features in the control of the change will be continued.　　According to the commitment, China's hydropower real estate after the arrival of the independence of the Southland home is not a problem, the company's unique business model, team incentive mechanism and corporate culture will not change, will not affect the operating efficiency. On the other hand, as a large central enterprise, China's hydroelectric property has brought home to the south to make the company's peers envy the project and capital advantages. According to relevant information, China's hydroelectric property in the country's 11 cities have development projects. Especially in recent years, the company actively layout the subway construction business, currently in BT modeProjects under development include the 7th Metro in Shenzhen and the 4th subway in Chengdu, and subway construction in several other cities is also under negotiation. "These subway projects will extend to a sizeable commercial real estate project," he said. But objectively speaking, China's hydroelectric property as a central enterprises, although have the advantage of the project, but in the commercial real estate operations still exist short board, and this area is precisely the advantages of the Southland. Therefore, the future China hydropower real estate support company to develop the subway project supporting commercial real estate, is worth looking forward to.　　"The analysts surveyed said. Reporter learned from the relevant channels last night, the company is currently negotiating the subway supporting commercial real estate projects are expected to be nearly 2 million square meters.　　But the "luxury" data has not been confirmed by the company. In addition, the market is concerned that in the "married" Southland home, China's hydroelectric property will be further as the "hydropower department" the only real estate operation Plate, and then the implementation of capital injection action. In this regard, the company carefully refused to do the pre-award.