Zhongwei Guomai Two-degree asset restructuring opened today

NetEase Finance July 8 Zhongwei Guomai Night Notice, the company's board decided to continue to promote the major asset restructuring work, in accordance with the requirements of the SFC and the merger and reorganization of the Committee's views on this major asset reorganization application materials to supplement, revise and improve, and as soon as possible the revised application materials to the SFC for review　　Zhongwei Guomai 1st Evening Notice that the company has recently received the CSRC's decision not to approve the reorganization of the company's assets, the company's board of directors will be the date of receipt of this decision to amend or terminate this major asset restructuring program to make a resolution and notice.　　Today, Zhongwei Guomai Open sealed, trading board has a huge amount of sealed list. Last November, Zhongwei Guomai disclosed major asset restructurings and associated trading plans.　　Plans show that Zhongwei Guomai to China Telecom group to sell digital trunking, integrated telecommunications sales, call center and value-added services, as well as communications engineering business and other telecommunications-related assets and business, while the China Telecom Group Industrial Asset Management Center for Non-public offering shares and cash to buy its Tong Mao Hotel Holdings Limited 100% stake.　　Industry insiders believe that, from the plan, Zhongwei Guomai has been positioned by China Telecom Group Industry asset platform, this part of the business is not the main business direction of China Telecom Group, the main purpose is to revitalize the auxiliary industry resources, placement of employment. The reorganization plan was approved in principle by Sasac in December 2009. According to media reports, a bank of the restructuring plan was rejected by the SFC, said the two departments of management focus is different. SASAC audit mainly see whether the interests of state-owned funds are protected, the SFC should consider whether the interests of small and medium shareholders are damaged.