For the first time that was sold waveguide loss, Putian merger rumors from broken

Chinese Putian Ningbo electronic transfer all the shares, G will switch to the new era of waveguide Chinese's.

Today, G waveguide announcement that the company received the largest shareholder of Ningbo electronic information group company (holding 21.71% stake in G waveguide) Notice, the controlling shareholder of China Putian company, in June 23, 2006 by the Tianjin property auction companies will hold its 56.7% stake in the Ningbo electronic auction, China new era company through the auction to become Ningbo electronic controlling shareholder. After the completion of the equity transfer, China's new era holds 56.7% stake in Ningbo electronics, will become the actual controller G waveguide.

First loss was changed hands

As the first domestic mobile phone manufacturers, G waveguide also failed to escape the 2005 domestic mobile phone overall encounter cold".

G waveguide 2005 annual report shows that the company lost 471 million yuan, which is the first time since the listing of the company's losses, and the loss of more than the company's net profit in 2003 and in 2004 and. However, after only a week, the company released a quarterly report in 2006 showed that the company has successfully losses, while the company is expected to remain profitable in the first half of 2006. According to the analysis, the industry competition situation in the short term to ease, as well as a one-time elimination of low-cost disposal of the basic factors, determines the G waveguide is expected in 2006 losses.

However, the turnaround is just beginning, it has been China Putian transfer. The domestic mobile phone mobile phone G first hand plate waveguide, is only called to marry?

Break merger rumors

The auction of the final effect on the G waveguide is can make nothing of it but no doubt, there are rumors of Putian three communications companies brewing merger rumors collapse of itself.

In 2001, the group through the acquisition of holdings Ningbo electronics, which has a number of GSM phones and CDMA mobile phone production license. From the end of last year, Capitel Putian Eastcom waveguide, and the Department's 3 communications enterprise merger rumors have been can be heard without end. On the occasion of the collective loss of domestic mobile phone manufacturers, with the help of the merger, Baotuan heating, it seems that the 3 companies, it is a good plan. Analysis of the industry, if the merger of the 3 companies, through the integration of supply chain and joint procurement to reduce costs, but also can have more power to invest in the development of core technology, in order to return to the future. However, both the group and the G waveguide have denied this. The auction, and finally the G waveguide placed outside the ranks of integration.

Statistics show that the new owner of G waveguide China new era company, the registered capital of 302 million yuan. The business scope includes the circulation of materials, ferrous metals, chemical raw materials, textile materials and textile, motorcycle and accessories, electronic products, instruments, cars (excluding cars) and its accessories wholesale, retail and other dozens of industries. After taking over the electronic equity in Ningbo, G waveguide positioning will stick to the mobile communications market, or to expand the field of new cars, is still an unknown.