The actual control person introduces the investor to the new game shares 8 plants for sale

The new race shares a brief announcement today perhaps revealed the actual control of the "deep meaning" of the five division of Farmers: the five division will be sold to the Peak Group, a subsidiary of the listed company and 8 of the corresponding stake in the mill, these assets are not only related to the company's main structure, the size of the company's annual report on the disclosure of Company Bulletin, on July 16, received the actual control of the Xinjiang Corps of Agriculture, the five division of the National Capital Committee to inform the letter.　　The memorandum, the Agricultural Five division on July 7 with the Zhejiang Xiong Feng Group signed an agreement, the company's "compact spinning 50,000 Ingot combing project", the subsidiary of the new worsted overall assets and the company holding 8 of the 70% stake in the mill, will be sold to the peak group. According to the agreement, the company intends to invest 3.5 billion yuan in Xinjiang Bole in 5-10 years, and set up a textile, printing and dyeing, clothing, wood, cotton and other industrial parks as a whole. First, the company's overall acquisition of the new competition shares 100,000 spindles cotton spinning and its 8 rolling enterprises.　　Thereafter, the company invested in 3 years to complete the new 500,000 ingot spinning capacity construction project, added up, 3 years to form 600,000 spindles spinning ability. Preliminary estimates, the total amount of assets to be sold, net assets and operating income, respectively, close to or reached the company at the end of 2009 of the above data of 40%. The company said that it will have a major impact on the company's industrial structure, main business income, net profit and so on.