Zheng Yonggang dream Broken online games in China branch Ying Hua sold long tour shares

Online games have appeared "inflection point", or will appear integration for 6 years, Shanshan Group chairman Zheng Yonggang has vowed to be a long tour network to do the listing, and will be likened to a cedar of another capital-rich legend.　　But long travel network nearly two years business continued not up to the company's expectations, Zheng Yonggang had to accept the reality, choose to quit a long swim network, since the dream break. Yesterday, China Branch Ying WA (600110.　　SH) issued a notice, November 28, has signed with the Golden Section International Equity Transfer Agreement, to 15 million U.S. dollars to sell a sustained tour of the international total 7 million shares, accounted for long Tour international Total equity 16.97%.　　The largest single shareholder in Zheng Yonggang, before he and Shanshan Group had held about 29.89% of the Sino-Anglo-Chinese shares, then a large reduction, at present, Zheng Yonggang only accounted for 8.77% of the equity, but still the largest shareholder. "Chen (Chen Yuan), chairman of the Chinese branch, has already told me that I think this decision is right."　　Zheng Yonggang, a man in Australia, told the first financial daily on the phone. He stressed that the main business of the Chinese branch is "high technology", especially new energy. After a long trip to the international stock, will become more focused. At present, the main business of the Chinese branch is copper and equipment manufacturing and sales, mining and new energy.　　and long Travel international business is the operation of network games. For two years, the Chinese branch has indeed refocused its main business. At the end of the financial crisis early last year, it grabbed the Australian mining industry. At that time, Zheng Yonggang said, Australian ore prices were "low to a once-in-a-century". Throughout the 2009, Sino-Anglo has been integrated into the industrial chain, completed the "copper, modified polymer materials, wire and cable" and "copper, copper foil, copper foil downstream products," the vertical layout.　　In addition, last year it also acquired Beijing Chuang Ya Power Battery Research and Development Co., Ltd., strengthening the new energy industry layout.　　Sources said that Zheng Yonggang to Australia this time to talk about upstream materials cooperation, may be for the battery business needs of nickel and cobalt resources. The announcement also said that exit long Travel international, the reason is that the two sides in the development strategy, main business and other aspects of a larger difference, long tour by a number of VC participation, the overall management is more difficult, and long swim nearly two years of business has not reached the company's expectations; At present, the company is vigorously developing main industry　　Disposing of assets can raise more money to concentrate on the main investment. Officials from the Chinese central group said the two-year long tour was not up to expectations.　　The first 9 months of this year, long Tour international net loss of 34.434 million yuan, the same period income of 480 million yuan; and it does not seem to enjoy the good times, the past two years, net profit and revenue decline continuously: 2008 net profit 130 million yuan, income 780 million yuan, 2009 net profit 7.738 million yuan, income 690 million yuan. Long tour was the Shanghai online games industry, "troika" one. Although the overall size is not as big as the grand, nine cities, but the past exclusive operation of the "dance troupe" experience, has made the investment community for it.　　However, in 2007, when it was in the "Dance Regiment" Operation Rights encountered nine city of the sniper and reluctantly withdrew, then lost the foundation of rapid growth.And its IPO trip has been stalled, and it has been planning to list on the US Nasdaq. Later, Zheng Yonggang also privately revealed to this newspaper that the spring of March 2008 may have landed in Japan's capital markets, but eventually did not.　　After that, Zheng Yonggang rarely mentions the words of the online games industry. This is not to blame Zheng Yonggang. In fact, other online gaming companies have also shown a weak state. Shanda, Kowloon City, Net Dragon and other local enterprises in the third quarter of the key data almost all decline, only Tencent continued to maintain high-speed growth.　　Analysts believe that online games have appeared "inflection point", or will appear integration. The deal will bring the current profits of about 7 million yuan to the Chinese business. 6 years ago, through its branch run, the capital injection for a long tour of 24 million yuan. After Carlyle, China merchants Xin-fu assets, Sino-South Korea wireless injection of 9 million U.S. dollars. 2005 Soft Silver also injected 5 million U.S. dollars, the Chinese branch of the opportunity to 1.33 U.S. dollars/shares will sell 5.87 million shares to soft silver, access to 62.46 million yuan, and the hands of the remaining 27.8% equity. After further reduced to 16.97%, and 99.83 million yuan deal, the loss of 7 million yuan. Even so, the investment in the long Travel network of Sino-Chinese branch has benefited more than tens of millions of yuan.