St Alloy Sold "property" to increase capital alloy material

St Alloy will be the two of its enterprises in Dalian losses to the company's major shareholders. St Alloy Today Disclosure announcement, the company will be held in Dalian Bao Original Port Co., Ltd. 85% of the stake to 13.85 million Yuan and Dalian Bao original Nuclear Equipment Co., Ltd. 41% of the shares to 163 million yuan of the total transfer to the company's major shareholder Liao Machine Group.　　At the same time, the company intends to terminate the establishment of Liaoning star Alloy Materials Co., Ltd., will be originally intended to be developed by the Liaoning Star alloy materials development and production of high-temperature alloy material products by Shenyang Alloy Materials Co., Ltd. continued to develop and production, and alloy materials company to increase the capital of 30 million yuan. As of March 31, 2010, Bao original port total assets of 9.8512 million yuan, net assets of 9.135 million yuan, the total amount of Dalian Bao original assets of 456.5999 million yuan, net assets of 120.5881 million yuan. 2009, the two companies operating income of 744,900 yuan, 212.8843 million yuan respectively. Treasure original Port in 2009 to achieve net profit loss of 19.136 billion yuan, the first quarter of this year still loss of 3.779 billion yuan; Dalian Bao Principle in 2007, 2008, 2009 three consecutive years of loss, 2009 achieved net profit of 12.166 billion yuan loss, 2010 only in the first quarter of the loss as high as 91.996 billion yuan.　　evaluated by the evaluation organization, BAO original port, Dalian Bao original two companies to evaluate the value of 16.2867 million yuan, 729.5348 million yuan, value-added rate of 5.33% and 59.78%. The company also announced that the company's wholly-owned subsidiary Shenyang Alloy Materials Co., Ltd. to increase the capital of 30 million yuan for the solution of Shenyang alloy materials company liquidity shortage.