2.5 Billion Low
China’s first fifth-generation LCD Monitor Production line??? Shanghai Radio NEC Liquid Crystal Display Co., Ltd. (hereinafter referred to as SVA NEC) low price, then those who drive, mid.
This year in March, was due to insolvency, Shanghai SVA authorized Shanghai Instrument and Electronics Group, the SAC hosted restructuring. Sources told us last week, mid-Instrument and Electronics Group and signed a related agreement, will be on Radio Five, mid-line sale, which bid 2.5 billion.
According to SVA have credit dealings with banking sources, a subsidiary of SVA and the size of the total loan amount of more than 10 billion yuan, SVA also owed suppliers more than 1 billion loan. Wuhan, the constant lack of money
chicken, mid-homeopathic White Month after the suspension,, mid-(000 050) yesterday issued a notice, “the company is planning a major reorganization of assets matters related intermediary agencies estimate of the underlying assets, the audit is nearing completion, the work of other record will soon be completed. “Meanwhile, mid-, said State-owned Assets Supervision and Administration Commission of the pre-audit of the transaction in principle agreed to the comments, the company will soon organize and convene the board to consider the matter.
Sources, last week, mid-Instrument and Electronics Group has signed a related agreement with the original, mid-SVA were all incorporated into the “spirit of the present communication is a smooth transition”, but the specific integration of information is still not clear . Five lines
SVA NEC can be described as the sale of twists and turns, the final competition in Wuhan in the constant-technology industries group (hereinafter referred to Wuhan in the constant) and between the start, mid. Private enterprises in Wuhan, once considered the odds quite constant, but eventually crashed out of the return. Close to the Instrument and Electronics Group, told us that, in the permanent Council last moment because of funding problems abandoned, “banks do not support the loan”, this homeopathy, mid-White, said to offer 2.5 billion. However, this data not yet been officially confirmed.
Sources also disclosed that Shanghai SASAC has long “Italy”, mid-, which is one important reason for early, mid-2006 it with the Shanghai Zhangjiang (Group) Co., Ltd., Shanghai State-owned Assets Operation Co., Ltd. , Shanghai Industrial Investment (Group) Co., Ltd. jointly established the Shanghai Tianma, the registered capital of 1.03 billion yuan, and realized the Pudong New Area, 4.5-generation LCD production line. Shanghai Tianma, mid-real by the Shanghai SASAC and the joint venture, the two sides hold 49% and 51% of the shares.
“Shanghai has invested huge sums, the Yangtze River Delta around SVA LCD industry chain begun to take shape, once the production line is transferred, detrimental to the development of the industry chain.”
In addition, the, mid also has a “central rate” the gold standard. , Mid-parent China Aviation Industrial Technology Shenzhen Co., Ltd., China’s aviation industry within the department engaged in non-investment platform for the aviation industry. “Ma, as enterprises have a strong central power, and relatively more panel management and industry management experience.” SVA NEC, a high level to the media.
Pre-losing 200 million yuan to take over the whole year the pressure surge SVA
Small, mid-size LCD display located in the market, in Shanghai, Wuhan, Chengdu, on behalf of the project are the 4.5 line, won the Five lines to extend its product line, and further consolidate its market for small and medium size liquid crystal display status.
But ingestion of SVA, the, mid-pressure surge. Currently, operations in Shanghai, mid-line of a 4.5 generation, is still in the climbing phase, mid-plans were in Chengdu and Wuhan to build a 4.5 generation line. Five lines again eat SVA assets, to resume full operation, it needs at least 500 million of funds.
, Mid-October and the announcement that, subject to Financial Crisis and a subsidiary of Shanghai Tianma in climbing the impact of the accumulated losses of the first three quarters the company 121 million yuan in 2009, estimated annual losses of up to 200 million yuan.
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