The big data of Xiang-e's lust increases and the failure will sell the assets

Source: Internet
Author: User
Keywords Xiang-e situation increase through

Intermediary transaction SEO diagnosis Taobao guest Cloud host technology Hall

Every intern reporter Dong Laixiangkan reporter Wu Wenkun from Beijing

Yesterday (August 7), Xiang-e situation in accordance with the established arrangements for the fourth meeting of the provisional Shareholders in 2014. Prior to the meeting, vice president of the company, Dong-Li Yu in the daily economic news reporter interview, said, is the "non-public issue a-share stock plan" supplementary liquidity part of the detailed analysis. Do not rule out the possibility of a large level of modification, but if the revised plan eventually failed to obtain the SFC approval, Xiang-e sentiment will be through the sale of assets and other ways to replenish liquidity. "Non-public issue a-share stock plan" has been approved by the third general meeting of shareholders in 2014, to raise 3.6 billion yuan funds.

Li Yu also noted that at present, the pattern of the transformation of Xiang-e situation has been determined, that is, with large data and new media mainly, following the cooperation with Shandong Radio and television, Anhui Radio and TV, Hunan and Hubei is also in contact with other provinces radio and television systems, has been acquired by the sale of environmental protection enterprises need to discuss But there will be no action in the near future on the environmental business.

The sale of assets is progressing slowly

July 30, "Daily economic news" in the "Xiang-e 50 million investment associated legal person in the estimated value-added rate of more than 10 times times" in the article, Xiang-e sentiment in May after the third board of directors 15th meeting, considered and adopted a fixed increase plan, In addition to 200 million yuan and 480 million yuan will be used to repay the bank loans and the provision of corporate bonds, the remaining part of the 2.92 billion yuan will be used to replenish liquidity, but the situation has not issued the "China Securities Regulatory Commission Administrative license Application acceptance notice."

Article in the newspaper that night, Xiang E situation announced that the company is promoting the implementation of the plan, mainly for the liquidity of the detailed analysis of the part of the business directly related to the relevant part by the professional body issued a feasibility study report, related work is in order.

Li Yu said that since the announcement has not been submitted to the SFC, the current professional institutions are to supplement the details, but also do not rule out the possibility of changes at the large level, if there is still need to be approved by the Board and the general meeting of shareholders.

Since last year, the situation of Xiang-e has been frequent. Reporter rough Statistics, this year, the Xiang-e sentiment to foreign investment or mergers and acquisitions of funds amounted to 2.4 billion to 3.4 billion yuan, the funds paid mainly concentrated in 2015, 2016 and 2017.

At the same time, if investors exercise the option of return sale, some or all of the 480 million-yuan bond of the company's bonds will be honoured on April 5, 2015, plus about 200 million yuan of short-term bank loans. Industry insiders believe that the plan is mainly to provide financial support for the strategic transformation of Xiang-e situation, if not to be passed will have a certain adverse impact on Xiang-e situation.

Li Yu said that even if the plan has not been adopted, Xiang-e situation can also be realized through the sale of assets, business adjustment and other means to supplement the liquidity-boosting strategy transformation, and to apply for bank loan extension to ease the pressure on debt repayment.

CIC Consulting Director Ding Weichi told reporters that Xiang-e sentiment from the capital market to raise funds more difficult. Now the bank financing cost is higher, the difficulty is also bigger, to need the capital the Xiang e sentiment is a blow.

Since last year, Hunan and Hubei began to shut down restaurant stores, accelerated asset disposal, as at the end of the first quarter, The total asset and net assets of Xiang-e sentiment are 1.8 billion yuan and 355 million yuan respectively, but among them, Xiang-e sentiment is a 480 million-yuan corporate bond to provide additional credit measures, and a special asset pool with a value of 720 million yuan is established by means of mortgage and pledge registration.

But Xiang-e-related officials have disclosed to the media, because the sale of related assets encountered a certain dilemma, in the price and the buyer need further consultation, so the disposal time of assets is lengthened. Li Yu to the daily economic news reporter confirmed that originally did intend to transfer Hubei Xiang e sentiment, before also issued a notice, but the progress is indeed slow.

Announced the march into the living room market

In cooperation with Shandong Radio and television, the Hunan-Hubei situation announced with the Anhui radio and television holding hand, by the Xiang-e love alone for 5 million users to provide a new terminal, thereby replacing the user's TV box, the initial budget amount of 1.5 billion to 2.5 billion yuan.

When the daily economic news reporter pressed "the strategy behind the above action of Xiang-e sentiment", Li Yu said that Xiang-e sentiment does intend to join hands with local radio and television operators, through the development of a new terminal, to seize the living room market, through the collection of massive data mining to provide value-added services, and ultimately realize the cost of recovery.

"Now has identified the processing enterprises, the specific number, which units, where also need to wait for the contract to determine." A product launch will be held in the second half of this year. Li Yu admits.

"Xiang-e situation will provide 5 million users with a new terminal free of charge, this new terminal has fiber interface, WiFi interface, communication protocol interface, etc., can also be used directly to include such as video set-top box, compatibility is relatively large." Users can try one months, and obtain a few megabytes of traffic, over the probation period, the user each month to pay about 10 yuan rental fee. "The Cailiri international analyst, who recently completed the research of new media and large data joint laboratories and cloud terminals Research and Development center of Xiang-e Network, said.

But 5 million use of TV box users are forced or voluntarily replaced by a new terminal, Li Yu Frankly, and did not explain in the agreement, but the investment of 1.5 billion to 2.5 billion yuan is mainly used for the production of new terminals. This means that 5 million of users in the living room in the end will become the new terminal of the "site", is still an unknown.

As a new entrants, Xiang-e situation choose and have a terminal advantage of radio and television cooperation is wiser, but because with the current Internet TV set-top boxes, cable TV set-top boxes exist homogeneous competition, and other businesses also have fixed users, Xiang-e love in the home intelligent terminal to break a piece of heaven and earth, is indeed difficult "Ding Weichi said.

In addition, Xiang-e love 50 million yuan to increase capital associated with the legal entity of the 45% Equity, claiming that professional provision of Internet public opinion monitoring services and technology solutions to the director of the Cheng, Xiang-E, the company is a prerequisite for the realization of the relevant transaction is valued at no less than 60 million yuan.

"While there may be a transfer of interest, but the related transaction is neutral, as long as the value of fair why not do it, and Cheng is not the shareholder of the Zhongke, but only legal representative; the Chinese Academy of Sciences is the best in both technology and talent, and cooperation can promote the commercialization of scientific research. Li Yu said the 60 million yuan valuation was set up as a prerequisite because it involved state-owned assets and needed to make an estimate ahead of time.

In addition, in the first quarter to create 40.15 million yuan of net profit for Xiang-e sentiment, Hefei Yan is the "benchmark" in the field of environmental protection, but Li Yu revealed that the company has recently invested more energy and more manpower in large data and new media, with little or no consideration for new jobs in the environmental business.

"The strategic transformation of Xiang-e situation has two points is clear, one is the big direction is to do the Internet, specific to the new media and large data mainly, the second is to gradually peel off the food." As for the Hefei Yan is to stay and not stay, the board of directors to communicate with investors, in the comprehensive consideration before making decisions, this is after all, is a money-making enterprise "Li Yu as stated."

(Intern Shiran contributed to this article)

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