Xidan Mall 2.25 billion acquires new Lufthansa Holdings

Beijing Capital Tourism Group Limited liability company became Xidan Shopping Center (600723) after the control of people, immediately to the Xidan market to send a gift, to inject a preliminary estimate of about 2.25 billion of the new Lufthansa Holding (group) Limited liability company 100% of the equity, Xidan Shopping Center for this purpose, the proposed additional 226.81 million shares.　　After the completion of the transaction, the First Brigade group will hold about 35.63% of Xidan market shares, as the first major shareholder, the former largest shareholder, Xi ' an group will hold the Xidan Mall about 20.67% of the shares, as the second largest shareholder of listed companies.　　The first Brigade group arrived in August 30, Xi ' an, the controlling shareholder of Xidan Shopping Center, received a notice from Beijing Sasac that the city Sasac decided to transfer the state-owned assets of the group to the First Brigade group, and the First Brigade group to the group of Western friends to exercise the role of investor, the group will become the first Brigade group wholly owned enterprises. The First Brigade Group is a wholly-owned, holding and shareholding enterprise of Beijing, a total of 33 state owned limited liability companies, which belong to the capital, controlling and participating enterprises, which are all of them, with the capital, holdings and joint-stock companies, which are all of the two countries, which are the Peking Hotel, Beijing　　The corresponding registered capital is 2,368,670,000 yuan. The First Brigade group intends to take 100% of its new Lufthansa holdings as the right price to subscribe to the Xidan Shopping center, with a preliminary estimate of about 2.25 billion yuan for the underlying assets.　　The issue price of 9.92 yuan/share, the issue of a shares of about 226.81 million shares.　　Profitability will be enhanced according to the Xidan Mall and the trading party signed the "Share Purchase Asset Framework agreement", Xidan Shopping center to buy the assets of the leading Brigade Group held a 100% stake in the new Lufthansa holding. The new Lufthansa holding directly owns 50% of the shares of Lufthansa Mall company, 75% of the Guiyou Mansion Company and 100% of the new Lufthansa Commercial company, and holds a 100% stake in Beijing's new Lufthansa Business Operation Co., Ltd.　　One of the Lufthansa Mall company mainly engaged in urban high-end department stores and outlets outlets famous discount business; Guiyou Mansion Company mainly engaged in Community leisure shopping center industry; The new Lufthansa commercial company mainly manages the large-scale shopping center business.　　As of June 30, 2010, the new Lufthansa holding total assets of 2.631 billion yuan, net assets of 1.134 billion yuan, vested in the parent company's shareholders of 705 million yuan. Performance, from 2007 to 2009, the new Lufthansa holding business income of 3.958 billion yuan, 4.647 billion yuan and 5.379 billion yuan, the annual composite growth rate of 16.62%, respectively, to achieve the ownership of the parent company's net profit of 64.7489 million yuan, 141.0013 million yuan and 141.3256 million yuan, the annual composite growth rate of 47.65%.　　2010 1-June, the new Lufthansa holding also realized the operating income of 3.264 billion yuan and the net profit of the parent company 94.7709 million Yuan respectively. In this respect, the company said, after the transaction, injected into the new Lufthansa holding assets will improve the original listed companiesAsset quality, income scale and profit level, and can effectively improve the profitability and sustainable development capacity of listed companies.