Subscribe to 58.07 million shares in the color of *st Granville to two shareholders

Medium-color shares (000758, close 37.71 yuan) today, the announcement will subscribe to *st Wida (000603, the former closing price of 24.54 yuan) non-public issues of shares, subscription prices of 7.54 yuan/share.　　To *st Granville before the closing price of 24.54 yuan/shares to calculate, the share of the shares won the market value of the stake will reach 1.316 billion yuan, a sharp increase of 900 million yuan. Today (November 4), the Sino-color shares announcement, the company's wholly-owned subsidiary of Hong Ye investment will be held by the silver mining 9.26% of the stake in the subscription *st of the private issue of shares. On September 30 as the base date of assessment, the value of the assets placed was 2.86 billion yuan and the estimated value of the assets was $110 million. Red ye investment holds 9.26% of the shares of the silver mining industry, confirming that the difference between the investment of the red ye and the assets placed is 404 million Yuan. Red ye investment in the holding of the silver mining 9.26% shares subscribed to the *st of private shares, the subscription price of 7.54 yuan/share, the number of subscriptions for 53.6283 million shares. After the completion of the investment, Red ye investment will become *st's second largest shareholder, the proportion of shares of about 10.62%.　　At the same time, the shares of Hong Ye investment subscription shall not be transferable within 12 months from the date of issuance.　　The Sino-color shares said that the value of the 9.26% stake in the silver mining industry has a greater value-added, if *ST can successfully complete the major asset replacement and issue shares to purchase assets and related transactions, the company is expected to have a significant impact on business performance. As early as May 5 this year, *ST announced the reorganization plan said, will put out all the original assets, at the same time to Beijing Shengda, Red ye investment, Wang Yanfeng, Wang Wei issued shares, the acquisition of the above-mentioned companies and individuals total holdings of silver mining a total of 62.96% equity.　　Silver mining is the main business of silver, lead, zinc, gold and other non-ferrous metal mining, selection, metallurgy and mineral exploration, development, production, processing and marketing products and mineral machinery and equipment production.　　May 6, the Chinese-color shares immediately issued a notice, Red ye investment to participate in the consolidation of the silver mining industry restructuring work, with the Red Ye investment holdings of silver mining 9.26% of the shares subscribed to the *st of private offerings.　　The market for the imminent transformation of the mining stocks *st is also very optimistic, *st Granville after the successive gains 15 trading board, as of October 18, the close, *st's share price has reached 24.54 yuan, the interval rose to 217%. At present, *st's reorganization program has passed the approval of the Board of directors, still need to pass the shareholders ' meeting and approval by the government authorities.