Supplementary cash flow Konka and the big shareholder pocket 300 million yuan

In order to reduce the cost of capital, Shenzhen Konka A (000016, closing price of 5.57 Yuan) again to the large shareholder overseas Chinese city to borrow 300 million yuan.　　It is understood that the recent Konka action, including the contribution of 22.5 million U.S. dollars in the shares of the photoelectric company and plans to invest 1 billion yuan in Anhui to build a white electricity base. Multi-fund replenishment cash flow yesterday (November 25) announced the 300 million Yuan loan, is Shenzhen Konka this year for the third time to the big shareholder overseas Chinese city financing. It is not difficult to find that the cost of borrowing is also gradually rising. April 10 this year, Shenzhen Konka announced to overseas Chinese city group loans 300 million yuan, the loan annual interest rate is 3.17%, the loan period is 1 years; September 10, Konka again to major shareholders to supplement the loan 100 million yuan, the annual interest rate to 3.71%, the loan period of 3 years; yesterday announced the 300 million yuan borrowings, the annual interest rate has reached 3.92% , another bank charges 0.01%.　　But the company said the 3.93% per cent annual cost rate was lower than the current one-year loan rate of 5.56%, which would help companies reduce their capital costs.　　"This is just the group of ordinary supplementary cash popular for", Konka insiders to the "Daily economic news" Reporter said to the OCT to reduce the cost of capital, but due to the formation of related transactions, so announced. Konka recently seems to have a financial on the maneuver, on November 18, Shenzhen Konka a issued a notice that the company on November 17 with the Beijing-Ding Bio-Technology Co., Ltd. (hereinafter referred to as Bao Ding Biological) signed the "Share transfer agreement", the company will hold the 8.45 million shares of SST autumn Forest (accounting for the total share capital 3.47%　　) Transfer to the Treasure Tripod biology, the transfer price per share of 9.89 yuan, the total transfer price of equity is 83.5705 million yuan.　　"There is no connection between these two acts," The Insiders stressed, the group's cash flow is relatively large.　　Business expansion cash demand is not difficult to find, Konka recently need to spend a lot of money, whether in the main business of the Black power industry, or in the support of white power business. November 20, Konka announced that the contribution of 22.5 million U.S. dollars to hold the photo-Rui Optoelectronics Technology (Shanghai) Co., Ltd. 36% of the equity.　　Konka said that the investment is to ensure the light-emitting diode (LED) supply of strategic investment. "shares reflect the photoelectric benefit for Konka in the color TV industry upstream to enhance competitiveness," a person in the industry to the reporter pointed out that the current domestic color TV core components in almost all the hands of Japanese and Korean enterprises, in the technical upgrade is often very passive.　　Only by deepening the upstream, enterprises can reverse the situation of "fish" by foreign capital. In addition to the deepening of the main business, Konka recently also heavily killed into the white electricity industry. "Konka is the overall acceleration of white electricity industry layout, white home appliances will become Konka's second largest business", November 10, Konka President Chen Yue hua in Anhui Chuzhou White home Appliances New industrial Park commenced the ceremony announced that Konka intends to invest 1 billion yuan to Chuzhou industrial Park, In the future, we will not rule out the leap-forward growth of white electricity business by merging other enterprises.