Shareholder Discount Pfer Shares, National Technology Performance Slipped Into Abandoned

< p > at the beginning of this year, < a href= "http://www.91se91.com/" > national technology < /a > actual controller China electronic information industry group started the internal industry integration. In 2010, when it was listed, it became a national technology of star shares. After nearly three years of continuous decline, its performance has now been in a difficult position, and finally become a major shareholder's abandoned son, and has become a company that has no actual controller.

Its future destiny will be unpredictable.

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< p > < strong > large shareholders' industrial integration, abandoned < /strong > < /p >

< p > national technology bulletin said that in December 11th, it received a notice from China University of China that it intends to pfer all 74 million 800 thousand shares of the company to 17.95 assets and 7 shares in the form of agreement, and assign two assets management plans to 7 natural persons such as Peng Guohua, Fan Kangqi, hzhe, Tan Jialiang, Liu Yiqian and Shanghai Haixing all asset management Co., Ltd. the total pfer price is 1 billion 343 million yuan.

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< p > September 25th this year, the national technology announcement said that China Huada has decided to pfer all the shares held by the company.

In November 15th, China Huada signed a pfer agreement with the above pferee, and was approved by the SASAC of the State Council in December 11th.

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< p > according to the three quarterly report, China Huada holds 27.5% of the national technology. After the pfer is completed, it will no longer hold the national technology stock.

Through the pfer of shares, national technology will become an outcast of the integration of China's electronic information industry group.

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< p > China's Huada real controller is the China Electronics and information industry group. This time, it has also shown signs of abandoning national technology.

Since the beginning of this year, China's electronic information industry group has begun to integrate its internal industries.

In the announcement, the national technology also said that the pfer will help adjust the layout of the enterprise structure and business, optimize the allocation of resources, and further promote the preservation and appreciation of state-owned assets.

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< p > announcement shows that among the pferee, Peng Guohua and Liu Yiqian are capital predators, the number of pferee is 3 million shares and 11 million 142 thousand shares respectively, and the pferee price is also low.

Compared with the stock price of 21.68 yuan before the suspension, the pfer price of 17.95 yuan was 3.73 yuan and the discount rate was close to 17%.

Accordingly, Peng Guohua, Liu Yiqian and others can gain more than 260 million yuan in a flash.

However, the pferee through the national technology indicated that he voluntarily locked three months after the pfer of the pferable shares.

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< p > < strong > the development prospect is difficult to predict < /strong > < /p >.

After P < < a href= "http://www.91se91.com/" > resumption < /a > yesterday, the national technology stock price rose sharply, closing at 23.83 yuan, or up to 9.92%.

However, after the pfer, the large shareholders have cash in the market, and those who offer the market get profits at a low price, while leaving the national technology itself is a complete mess.

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When p was listed in 2010, the national technology once enjoyed its fame. The closing price for the first day of listing was 157.31 yuan, the highest level reaching 183.77 yuan.

In the year of listing, the national technology business income and net profit increased by more than 50% over the same period last year.

But after a flash in the pan, it quickly got into trouble.

Starting from the following year, its performance has been declining vigorously for three years.

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< p > data show that in 2011 and 2012, its operating income was 428 million yuan and 571 million yuan, respectively, by 25.03% and 18.65% respectively, with net profit of 107 million yuan and 54 million 990 thousand yuan, respectively, by 39.15% and 48.95% respectively.

And this year, there is no sign of improvement in the national technology operation.

In the first three quarters of this year, operating income and net profit were only 316 million yuan and 10 million 320 thousand yuan.

In the three quarterly report, it forecasts that the total net profit of this year will decrease by 30%~50% compared with that of the previous year, and that of the three categories of products, there will be a decrease in two kinds of operating income.

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< p > under such circumstances, the profit of the company is only supported by the government subsidy and the interest of the over raised capital.

If this part of the income is deducted, it has actually lost in 2012.

Yesterday evening, it announced that it received 15 million yuan subsidy for two projects of security chip and mobile payment in 2013, while interest income in the first half of this year reached 22 million 475 thousand yuan.

If these non recurring gains and losses are deducted, the net loss will be 13 million 80 thousand yuan and 12 million 420 thousand yuan in 2012 and the first half of this year.

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< p > the prospect of listing and raising investment projects is unpredictable.

According to the disclosure of the national technology prospectus, the collection of < a href= "http://www.91se91.com/" > capital < /a > will invest three projects and supplement working capital, and complete the project construction within 24 months after the completion of IPO.

The report on the use of fund-raising shows that only one project has completed investment as of the first half of this year.

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< p > Anxin securities has previously thought that national technology is a IC design company with strong domestic R & D and marketing capabilities. Even if its performance is short term pressure, it will remain optimistic for a long time.

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< p > however, with the withdrawal of China Huada, the situation of national technology will be even more difficult.

Three quarterly reports show that among the top ten shareholders of the national technology, the largest shareholding ratio is the Shenzhen Hong Kong Research and Development Investment Co., Ltd. except for China, China, but the shareholding ratio is only 5.85%. The rest are below 5%, and the national technology will become a company without actual controllers, and whether it can find a new way out will become a big question.

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