Shenzhen'S State-Owned Assets Reform, Deep Textile, Waiting For The Pferee To Show Up

< p > "the secret work in the early stage is very strict."

A close to deep textile insider told us that the company was only informed of the pfer of related shares by Shenzhen SASAC on the eve of the suspension. "Now the company is waiting for the clarification of the pferee."

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< p > < strong > Shenzhen state owned assets are actively pferred < a href= "//www.sjfzxm.com/news/index_c.asp" > controlling interest < /a > /strong > /p >

< p > March 14, 2014, Shenzhen textile received the official letter from the controlling shareholder Shenzhen Investment Holdings Company Limited. After examination and approval by the state owned assets supervision and Administration Commission of the Shenzhen Municipal People's government, Shenzhen investment and control company intends to pfer the ownership of deep spinning 26%-29% owned by the public through the way of publicly collecting the pferee.

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< p > as of December 31, 2013, the Shenzhen SASAC has held a 49.39% stake in Shenzhen's investment and control, namely, a href= "//www.sjfzxm.com/news/index_c.asp" > deep textile < /a >.

"Over the years, deep textiles are indirect holding companies of the Shenzhen SASAC. Now the controlling shareholders are about to change. From the management to the grass-roots employees, they hope that boots will come to the ground as soon as possible.

The person familiar with the matter said that the confirmation of new shareholders would help employees see clearly the future direction of development of enterprises and better serve the development of listed companies.

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< p > the pfer of shares in Shenzhen textiles has made a request to the pferee that it should not accept two or more than two legal persons as non consortium form as the intended pferee, and "the intended pferee engaged in flat panel display related industries, which has been operating for more than three years, and has been profitable for the past two years and has no major illegal activities".

The market once thought that the future pferee was TCL holding Huaxing photoelectricity, but the news was soon clarified by deep textile and TCL.

In order to prevent fluctuations in the two market, Shenzhen textile began to suspend trading since March 25th.

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< p > it is understood that the deadline for the pferee to submit the pferee's application is "15:30" at 15:30 on April 4, 2014. The Shenzhen investment and control company will sign a joint stock pfer agreement within 5 working days after the confirmation of the pferee in the "a" //www.sjfzxm.com/news/index_c.asp.

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< p > < strong > hoping for new impetus in reform, < /strong > /p >

< p > March 2013, in order to further expand the production capacity of polarizer, Shenzhen textile successfully issued 170000000 shares of non-public offering, issuing price of 5.83 yuan / share, and Shenzhen investment and control invested 300 million yuan to subscribe for 51457976 shares.

Despite the support from the Shenzhen SASAC, the profitability of Shenzhen textile has not been satisfactory in recent years.

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< p > according to sources close to the Shenzhen SASAC, the Shenzhen SASAC 2014 work plan report will further study this year to clarify the functional orientation of Shenzhen state investment and state-owned capital investment companies and state-owned capital operation companies, and effectively play the role of the state-owned capital duty platform, and request Shenzhen investment and control to accelerate the integration, reorganization and optimization of the existing resources, and put forward clear goals and tasks for advance and retreat.

The Shenzhen SASAC will further promote the withdrawal of state capital from the inferior enterprises in the competitive field, optimize the layout of the state-owned economy, and create a "one body, two wings" characteristic industrial body with the basic service industry as the main body, the financial quasi finance and other modern service industries and the strategic emerging industries as the two wings.

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< p > closer to Shenzhen's SASAC, Shenzhen's reform of state owned assets has been drafted and is expected to come out in April.

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