Zhongyuan Media borrow shell s*st Xin Ann Reform start

In Jiaozuo Xin-an Technology Co., Ltd. (s*st Xin Ann, 000719) more than 1 years later, Central Plains Publishing Media Group ("Central Publishing") last night to throw a 10 to send 3.402 to the price of the share reform program.　　If the scheme is passed, the Central Plains publication will clear the last hurdle for asset injection and backdoor listing. And if the stock reform and asset reorganization successfully completed, S*st Xin Ann will also be reborn, become a publishing media industry company.　　It will be a a-share market 5th media stocks, but also since last year the State Council issued a publication to encourage cultural enterprises listed, through the shell or IPO (IPOs) to achieve the listing of the 4th Publishing Company.　　According to the plan, S*st will open a provisional shareholder meeting on September 27 to consider the share reform plan.　　According to the Financial Analysis platform, as of yesterday, including S*st Xin Ann, Shanghai and Shenzhen are still more than the stock reform "nail House" 15. Share reform on the price is not too high last night announced the share reform program shows that s*st Xin Ann plan to use the Capital Provident Fund directed to increase the share price of equity reform, the proportion of shares for each 10 shares in the circulation of 6 shares, but as a result of the former s*st of the original circulation stock shareholders for the company's debt restructuring and let the transfer 15% shares, so after the increase,　　Equivalent to Shang in the case of the original circulation of shareholders per 10 shares to obtain 3.402 shares, that is, the price for each 10 shares to send 3.402 shares. S*st Xin Ann also said that it is because of the previous s*st in the bankruptcy reorganization process, all the old shareholders (including circulating shareholders and non-tradable shareholders) to solve the company's debt problems and their respective free to let out a part of the shares, so this time only the original circulation stock shareholders enjoy the reform of the price,　　The new circulating stock shareholder (refers to the 19 creditor who obtains the circulation stock through the bankruptcy reorganization and the Jiaozuo Tong Liang Asset Management Limited Company altogether 20), does not enjoy the reform right price.　　After the implementation of the price arrangement, the Central Plains Publishing Holdings s*st Xin Ann's equity ratio will fall to 24.04%, is still a controlling shareholder, its holding shares of the restricted period of 36 months.　　There are market analysis, for the reform has always been demanding s*st Xin an circulating stock shareholders, last night's reform of the price scheme is not particularly high. Available information shows that the circulation of shareholders to S*st Xin Ann's share reform requirements have always been harsh. In Chai (S*st Xin an former chairman, after the arrest for contract fraud) "at the helm" period, S*st Xin ' an three large non-tradable shareholders on December 30, 2006 launched to the circulation of shareholders "10 to send 2" Share reform program.　　At that time, although S*st Xin Ann's main business has discontinued 1.5, debt litigation ridden, in the face of such a difficult situation under the reform scheme, the company's circulating shareholders still vote to veto.　　800 million assets will be injected in a year. Although the price did not exceed expectations, but S*st, who had struggled to survive the retreat, might really value the Central Plains publishing program's commitment to inject assets such as the 800 million-dollar publishing business. 2009, Central Plains Publishing DepartmentThe method of auction by the total of 16.8777 million yuan to achieve the price of S*st Xin an 28.99% equity, become its controlling shareholder, and then the central Plains Publishing has been research reform and asset restructuring program.　　According to the plan, the s*st of Xin ' an and major asset reorganization will be synchronized. Public information shows that the central Plains media, which was transformed from Henan Publishing Group to Enterprise, is the largest cultural industry group in Henan province, and as of 2007, the group owns 156 member units and 3 holding companies including 10 publishing and 134 publishing units, with a total assets of 7 billion yuan,　　Its total operating volume ranked the top three in the national publishing industry.　　Central Plains Publishing Commitment, in Jiaozuo Xin-an share-splitting reform scheme after the passage of 12 months, will be injected to s*st Xin-an, including publishers, materials companies, paper companies, printing companies and other 14 assets, net assets evaluation value of not less than 800 million yuan. Specifically, the injection of assets include: Elephant Press Co., Ltd. 100% Equity, Henan Science and Technology Press Co., Ltd. 100% Equity, Swallow Publishing House Limited 100%, Zhongzhou Ancient Book Publishing Co., Ltd. 100% Equity, Henan Art Publishing House limited 100% Equity, Wen Xin Press Co., Ltd. 100% Equity, Henan Literature and Art publishing house limited 100% Equity, Zhongyuan Peasant Press Co., Ltd. 100% Equity, Henan Electronic audio and Video Publishing Co., Ltd. 100% Equity, Henan Xinhua Printing Group Co., Ltd. 100% Equity, Henan Xinhua Material Group Co., Ltd. 100% Equity, Beijing Hui Lin Paper Co., Ltd. 76% Equity, Zhongyuan Publishing Media Investment holding group Beijing Forestry Printing Co., Ltd., 88.24%, Central Plains Publishing Media Group headquarters operating the primary and secondary school teaching materials Agent publishing business-related assets.