Prince then set those suspected of milk Softbank – Prince milk, Softbank – Food

Prince milk Then set by suspected Softbank

HC food industry network April 16 afternoon, Managing Partner of Softbank China Shey clear that China did not invest in Softbank Prince Milk Group's intention, nor is there already and Prince Milk Group contacts view.

In Hunan Prince Milk Group declared that "I and Prince Edward Lee way of pure milk group 2.1 billion debt to the company responsible for life", the Hunan Zhuzhou Hi-Tech Dairy Management Co. last week also issued a statement that "the court ruled that the Cayman does not affect the Hi-Tech dairy industry Lease Business. "The much-anticipated" new investors ", and finally unveiled the corner. Hi-Tech Dairy

statement, made according to Prince Tech Dairy Milk Group's exclusive leasing franchise, and has the right to unilaterally extend the lease period. Media reports in the Cayman Islands Grand Court ruled that Prince China Foods Into the liquidation process, will the Department of the Chinese Prince Food Co., Ltd. (Cayman) between creditors and its shareholders, legal dispute, the court ruled that the lease does not affect the Hi-Tech Dairy Management.

The same time, Hi-Tech Dairy also stressed that the media on the Hi-Tech Dairy reports a loss of 3 billion "seriously inaccurate." Statement cited data that the Grand Duke of Baker Tilly's audit report, February 1, 2009 to December 31, 2009 only, Hi-Tech sales of 544 million yuan to complete dairy, a profit of 44 million yuan, paid taxes 30,500,000 element. In order to ensure normal production and operation, maintain social stability, Hi-Tech Dairy Milk Group on behalf of Prince debt 180 million yuan. 2010 Spring Festival, and the Prince Milk Group, full recovery of the key distributor Cooperation , Markets, more than 80%. In addition, the first quarter of 2010, Hi-Tech Dairy Milk Group on behalf of Prince debt 19,748,000 yuan.

More importantly, the statement said "strategic investors have identified the problem, Prince of milk is expected to be basically resolved."

Content according to a statement, January 26, 2010, Hi-Tech Dairy introduced a "strategic investor" business contact Beijing and Shanghai Ming Investment Management Limited View of Information Technology Co., Ltd., "Handling of all legal formalities completed." At present, the strategic investors in place the first phase of investment, mainly used to supplement "Hi Milk" production and management of liquidity requirements; 2 Prince Milk Group investment will advance the restructuring of assets and debts. Per the agreement, both sides agreed a total investment of 5 billion yuan.

Public information under the network, the Shanghai Information Technology Co., Ltd. Ming outlook address No. 728 West Yan'an Road, Shanghai, 15th floor, Room C3, while Softbank China Business Investment Company's official website, company address Huamin Empire Plaza No. 728 West Yan'an Road, Shanghai International Tower 15th floor AC. Both phones also is 021-52534888. "International Financial Newspaper "The reporter then call the number, voice prompts for the" welcome you to call the software Bank China Venture Capital Fund. "

There are indications, Softbank China may set people is the real pick. Hi-Tech Dairy Chairman's text of this call depot, he said on the investor's problem "to ask Ling (voice)." And Wang Ling (voice) status, with Hunan local media called "themselves" from the Beijing Investment Management business contact, suspected presence of Softbank China Hi-Tech dairy industry executives. In this regard, the text Dibo said: "She is now Tech's dairy industry

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