Tongfang intends to sell 7 billion stake in the same side of the core of the country of 36.39%

Chinese securities network shares the same side of the evening of November 2nd announcement that the company intends to use the same side of the core countries hold 36.39% equity to the subsidiary of purple violet Chunhua to the total price of 7 billion 12 million yuan; at the same time, the proposed transferee Holdings qingkong Tsinghua Holdings Limited (hereinafter referred to as the habitat "qingkong habitat") and not less than 80% stake Shenzhen City Thailand Huarong Asset Management Company Limited (hereinafter referred to as "Huarong Thailand") 40% stake.

It is understood that the same side Guoxin electronic Limited by Share Ltd (formerly Karaama Akirahirotoyo electronic Limited by Share Ltd, stock abbreviation: Tongfang Guoxin, stock code: 002049) is engaged in the piezoelectric quartz crystal components of the development, production and sales of integrated circuit chip design and marketing; marketing; high-tech enterprise LED sapphire substrate material production and sales. Tongfang was founded in 1990, listed on the Shenzhen stock exchange in June 2005. As of now, the same side of the core countries of the total share capital of 606817968 shares, the company holds 220821058 shares, the total capital ratio was 41.38%, the stock in May 9, 2015 to ban all tradable shares.

According to the announcement, the transfer of the company with core 220 million 835 thousand shares to violet Chunhua, accounted for 36.39% of the total share capital, pricing for the 30 party in accordance with the former Guoxin suspended trading day average price of 31.75 yuan / share, the transaction amount of approximately 7 billion 12 million yuan. After the completion of the transfer, the company's stake in the same side of the core from 41.38% to 4.99%, no longer incorporated into the scope of the merger, the company will no longer be engaged in integrated circuit design business.

In addition, qingkong habitat was founded in March 2013, Tsinghua currently holding 100% stake, the company uses IDBO (investment, design, construction, operation) one of the four mode of operation, is committed to the construction of new urbanization, industrial upgrading demonstration model, innovative living environment engineering benchmarking, become green and low-carbon, intelligent and intensive innovation efficient, harmonious living city system city symbiotic integrated solutions providers, including the holding company's Beijing Tsinghua Tongheng urban planning and Design Institute Co. Ltd., Tsinghua University Architectural Design Institute Co. Ltd., Beijing Qing Shang Building Decoration Engineering Co., Ltd. Beijing qingkong Shuimu Engineering Co. Ltd. and other enterprises; 2014 the annual operating income of 2 billion 917 million yuan, net profit of 105 million yuan.

Huarong Thailand was founded in June 2009, Tsinghua Holdings 40% stake, which is mainly engaged in equity investment, asset management, mergers and acquisitions advisory, risk investment and securities investment business, currently holds a 26.43% stake in *ST Huasai and combined 56.06% stake in cement; at the end of 2014 the net assets of 2 billion 380 million yuan.

Tongfang said, in the context of new urbanization, the living environment of Tsinghua holdings business into the company, and the company's existing smart city, public safety, energy saving and environmental protection, large data networking, Internet services and other related sectors form synergy, integration and interaction effectively, covering the city of all aspects of life, "wisdom city" plate. The deal is part of the overall industry strategic deployment of Tsinghua holdings, the company for habitat and qingkong Huarong Thailand two target company is conducting due diligence and audit evaluation of the initial demonstration, the specific program has not yet been developed to complete the transaction.

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