NME holding Beijing Fu country approved by the general meeting of shareholders SVA to cash

Yesterday, high-definition DVD disc and industry only with independent intellectual property rights of the national EVD standard patent holder - Beijing Fuguo Digital Technology Co Ltd (hereinafter referred to as "Beijing Fu country"), in the first major shareholder of Shanghai broadcasting group (hereinafter referred to as "SVA") under the textile group, held its first general meeting of shareholders since the company was registered in March 2000, Beijing Fu country by the British corporate NME holdings to be finalized.

"Equity swap agreement" through

"First Financial Daily" was informed that, in addition to SAST electronics, 14 shareholders attended the shareholders' meeting. The shareholders' meeting chaired by SVA President Gu Peizhu, although the number of shareholders for the "stock exchange agreement" opposed, but because of China SVA, electronics technology group, Shinco electronic cumulative holding Beijing Fuguo 2/3 more equity 3 shareholders have said in unison "agree", so, according to the provisions of the "company law", "equity exchange protocol has been passed, 14 shareholders represented eventually endorsed the agreement.

At the end of last year, the state of Beijing and the British company NME signed a share swap agreement, according to the agreement, NME will be about 40% of the company's equity and $8 million 500 thousand in exchange for Beijing's equity interest in the state of the country. Beijing Fu's management said, "NME's versatile multilayer disc technology makes EVD disk may be extended to 18GB, so that in the future NME EVD CD CD storage technology not only in the playing time will be lengthened, in contrast, color reproduction accuracy, brightness and other aspects will be improved.

However, due to the Beijing Fu country faced by the British holding enterprises in the situation, in addition to the "stock exchange agreement" most Beijing Fuguo shareholders in advance were ignorant, so the number of shareholders in Beijing Fu expressed opposition to the most intense opposition from the Beijing fire horse microelectronics technology Limited (hereinafter referred to as "Beijing micro fire horse") chairman Ren for the people.

Yesterday, Beijing fire horse micro technical director Xu Feng representative for the people attended the shareholders' meeting, Xu Feng told reporters after the meeting, as the third largest shareholder, Beijing fire horse micro several representatives of shareholders general meeting are clearly expressed "no control by the British company Beijing E-world", but due to the accumulation of 2/3 hold more equity in the 3 shareholders are supporting the "stock exchange agreement", so, although in the final vote when the Beijing fire horse collective shareholders voted for the "micro abstention", but the agreement was adopted by the general meeting of shareholders.

SVA to cash

According to Xu Feng introduction, "stock exchange agreement" indicated, Beijing Fu country in exchange for equity to 8 million 500 thousand dollars from the NME as long as an arrival, before the first thing to do is to return the country to Beijing Fu SVA borrowed 20 million yuan, due to the Beijing Fu country future prospects for the development of it is difficult to get away, which is undoubtedly a kind of choose.

Last December 1st, Jindianjituan brought to the court for property preservation, frozen Beijing Fuguo financial accounts to "Beijing Fuguo malicious misappropriation of Antaeus assets" as an excuse. Subsequently, the formal court of Beijing Fu court. In January 1st this year, Beijing City, Haidian District Public Security Bureau of Economic Investigation Detachment has been detained in Beijing Fu country president Hao Jie, on charges of embezzlement "". However, recently Hao Jie has been released on bail".

The reporter learned yesterday, the general meeting of shareholders, Hao Jie as the "nomination of directors" status did not appear, and, as to whether the duty to remain as president Hao Jie, general meeting of shareholders and will not be on the agenda for discussion.

Small background

15 shareholders of Beijing Prefecture

The first major shareholder of Shanghai broadcasting group by a subsidiary of Shanghai radio and television Chengdu Westone Information Industry Inc and Shanghai broadcasting digital technology Co., Ltd. the two companies accumulated holds 49.89% stake; China electronics technology group by 3 companies under the cumulative holds a 16.42% stake, ranked the second largest shareholder; as the third largest shareholder of Beijing fire horse Microelectronics Technology Co., Ltd. holds 5.63% equity. In addition, Shinco, Amoi, BBK, Guangdong SAST electronics manufacturers were holding 4% or less of the equity.