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Adjustment of Guangdong Fuhua's share reform plan


http://finance.sina.com.cn 16:15, July 10, 2006 Panorama Network - Securities Times

Adjustment

Around the reporter of Securities Times

Our News Guangdong Fuhua ( information quotation forum ) (000507) The announcement on the adjustment of the share trading reform plan was released a few days ago. The shareholders of tradable shares of the company will be paid 2 shares for every 10 shares. At the same time, the major shareholders of the company increased their commitment to the minimum reduction price and modified their commitment to pursue consideration.

According to the latest share reform plan, the company

shares The consideration was adjusted from 0.54 shares for every 10 shares of tradable shareholders in the original scheme to 2 shares for every 10 shares of tradable shareholders.

At the same time, the major shareholders of the company increased their commitment to the minimum reduction price. The major shareholders said that within five years after the implementation of the share reform, the price of the major shareholders to reduce their holdings of Guangdong Fuhua shares would not be lower than the highest transaction price of 9.97 yuan in the past five years. In addition, the plan also modifies the commitment to pursue consideration. If the net profit of the power control group placed in the listed company in any of the next three years is less than 75 million yuan, the SASAC of Zhuhai will pursue the shares of current shareholders in accordance with the difference ratio every year

audit If the opinions or the annual reports of 2006, 2007 or 2008 are not disclosed according to the statutory disclosure time, the holders of non tradable shares will be able to send or receive no more than 48889505 shares in parallel or accumulatively, which is equivalent to 2.5 shares for every 10 tradable shares.


Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.

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