Dongyuan electric appliances into the myth of profit FSL 4 years profit of 1 billion 200 million

After the introduction of the 10 consecutive daily limit, Dongyuan Electric's share price jumped from before the resumption of $7.03 to $18.89, with a total increase of up to 268.70%. After the first day of the national day, Dongyuan electric stock price trend is still strong, the day to close at 19.40 yuan, or up to 6.13%.

Dongyuan electric this total of more than 3 billion 300 million yuan to sell the shell, to bring high returns to the parties concerned, the capital market, which is known as the myth of profits. Assessment of the net assets of 860 million yuan, nearly 3 times the premium rate of turnover, the backdoor Guoxuan tech benefit is the first. National hi tech high margin is a good reason for the high price of the transaction.

In addition, this transaction is another winner FSL. According to the October 9th Dongyuan electric closing price of 18.95 yuan, the total value of the shares held by FSL in the hands of the total value of about $1 billion 377 million in 72 million 685 thousand and 900. With an investment of 160 million yuan, FSL, with more than 1 billion 217 million of the book in return for more than 4 years, earn a bowl full profit.

July 2010, FSL to 160 million yuan price won the national hi tech predecessor Hefei Xuan hi tech power energy Co., Ltd., a stake in the second shareholder. After several times after the capital increase, FSL shares fell to 14.84%, but did not change the position of the shareholders of the two.

After that, due to the high performance of the National Center less than expected, FSL plans to sell the country Xuan tech, but failed to do so.

August 2012, FSL announced that the company intends to hold the national hi tech shares transferred to Xiamen and Anhui, two investment companies, priced at 256 million yuan. Who would have thought the originally simple equity transfer really became a striking one snag after another. In the first two cases, the FSL board of directors in the third meeting rejected the above matters. Is on the board of directors rejected the transfer agreement before, FSL received the Shenzhen Stock Exchange to the "letter" attention, asked the company whether the existence of competition, transfer pricing is suspected to damage the interests of listed companies and other issues in detail.

Perhaps, after the letter of concern, became the main reason for the FSL board of Directors voted against the equity transfer agreement. Similarly, the rejection of the equity deal to FSL with the gospel.

According to the restructuring of the draft, FSL will receive 72 million 685 thousand and 900 shares of Dongyuan electric appliance, the shareholding ratio of 8.42%, to pay the price of $497 million. Compared to the original investment of 160 million yuan, the payment of the price of $4.97 has been regarded as a big pie. But FSL has benefited far more than that.

After the resumption of trading, Dongyuan Electric shares soared, lightly out of the 10 up. After the end of the limit, Dongyuan Electric shares are still at historic highs. As of October 9th closing, Dongyuan electric to close at 18.95 yuan. 72 million 680 thousand shares in the hands of FSL, has reached about $1 billion 377 million.

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