Yintai And Wu Shang Lian Have 4 Times To Fight For The Shares Of The Company.

In 2005, Yintai Department of Zhejiang entered the Hubei military business as a strategic investor. Since then, Yintai's shareholding has reached 18.11%, and has become the largest shareholder of the company. Wuhan state owned company and Tian Ze Holding Co., Ltd. as a concerted action to win the status of the largest shareholder.

From March 2011 to April, Yintai Department continued to increase its holdings through the two tier market. It wanted to seize the control rights of the Wugang merchants from the Wugang alliance, and the Wu Shang Lian and related parties signed a concerted action agreement with Wuhan economic development, Wuhan development investment and Wuhan Iron and steel industry to maintain the control power with 0.04% weak equity advantages.

In August of the same year, Wu Shang Lian and the concerted action sent a tender offer to increase its 5% stake by 538 million yuan, and finally pushed the Yintai company with a 10% stake advantage.

In April of last year, the position of the Wuhan Federation of trade unions and the concerted action of the people's Republic of China and the Wuhan development and investment agreement continued to consolidate until 2014.

From Wu Shang to Zhong Bai , Wuhan What are the reasons for the listing of state owned commercial listed companies?

According to sources close to Wu Shang Lian, Wu Shang Lian has been planning the restructuring of 3 commercial listed companies, including Wu Shang, Zhong Bai and China Merchants, in order to avoid competition in the same industry, but the interests of all parties are difficult to be unified, and the reorganization can not be realized.

　　 Wu Shang In succession with hundreds of companies, it has been shown that Wuhan's position in the commercial circulation is on the one hand. On the other hand, it also exposes the decentralization of ownership structure. Unlike Shanghai Bailian and other local large enterprises, state-owned assets have absolute strong controlling power. This makes Wuhan's foreign capital with more mobile phones.

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Leonard Nakamura, an economist at the Federal Reserve Bank of Philadelphia, LeonardNakamura, said in a study that the total value of intangible assets of all business companies is up to 8 trillion US dollars, equivalent to the sum of GDP in Germany, France and Italy. These intangible assets include patents, trademarks and copyrights, including big data.

The role of these intangible assets in the global economy is becoming increasingly important. For example, in the past few years, a series of mergers and acquisitions initiated by technology giants such as Google, apple and Samsung have revolved around the ownership of patents. However, none of these intangible assets appear in the company's financial statements.

"We hope to have more accounting information on intangible assets so that we can better understand how companies are investing in future growth." Nakamura said.

In view of the fact that today's economic structure is increasingly dependent on information and intellectual property rights, the US financial accounting standards committee is committed to updating the accounting standards. As early as 2002 and 2007, the financial accounting standards board of the United States had discussed the issue of intangible assets for the two time, but each time it was resolved before the divergence. It was not until September this year that some of the committee's advisers raised the question again.

"The real potential of many companies is not reflected in publicly disclosed information or earnings reports." Glenn Kenico, manager of Investment Banking Department of Dao Heng company, said GlenKernick.