Three months now 770 million ZTE Business two shareholders have decided

Source: Internet
Author: User
Keywords Cash in shareholders go to Italy
Yesterday, Shen's only big deal took place in ZTE (000715).  SZ) body, the company's second largest shareholder centralprosperityshopwellcapitallimited (hereinafter "two shareholders") by a large number of transactions reduced the company's 4.98% stake. According to yesterday's reduction announcement, two shareholders yesterday a total reduction of ZTE business 13.9 million shares, reduce the price is close to the fall of 13.41 yuan.  At this price, the amount of cash on the day has reached 186.399 million yuan. In the past three months, two shareholders have also been reducing the number of ZTE business 55.65 million shares, the shareholding ratio from 26.3% to 6.34%. Through this period of continuous reduction, two shareholders have accumulated a total set of about 774 million yuan.  It can be seen that two of ZTE's commercial shareholders have decided.  After the reduction, two shareholders still hold ZTE business 17.6771 million shares, all for unlimited conditions of sale, and still the second largest shareholder of ZTE Business. The second shareholder in the early 2006 to the ZTE business to overweight. According to the report on stock changes announced at the time, Citic Trust will be the owner of 63.3129 million shares of foreign corporate shares transferred to Citiccapitalshopwellinvestmentlimited (hereinafter referred to as "CITIC Department store"), which accounted for the total number of ZTE business shares of 29.5%  The two sides agreed that the benchmark transfer price of this share transfer is RMB 243.355 million.  Since February 2006, ZTE began to share its shares, and Citic's shareholding in ZTE fell to 26.3% per cent by paying the right price to its shareholders.  In May 2009, the company name of two shareholders was formally changed to "centralprosperityshopwellcapitallimited" by the original "citiccapitalshopwellinvestmentlimited".  And according to the current reduction of two shareholders in simple calculation, after the sale of the above 55.65 million shares, two shareholders have accumulated profit of about 531 million yuan.  Prior to the reduction of two shareholders, China New era, the former third largest shareholder of ZTE Corporation, also reduced its share of the original more than 6% by the end of last year to a significant reduction in ZTE's business. Since the end of 2008, ZTE's share price has remained largely on the rise, with the closing of 14.73 Yuan yesterday, despite a resurgence of successive declines.
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