Shaanxi Aerospace plans to transfer 15% equity of Zhengchang Electronics

According to information from the Beijing Property Exchange, Shaanxi Aerospace Navigation Equipment Co., Ltd. plans to transfer a 15% stake in Xi'an Zhengchang Electronic Co., Ltd. at a listed price of 3 million yuan. Zhengchang Electronics was established in September 1997 with a registered capital of RMB 20 million. Its business scope includes the development, research, production, and sales of automotive electronic products; research and sales of airborne electronic equipment; and information system engineering, power electronics, and communications. engineering. The company is jointly funded by China Aerospace Science & Technology [15.63-3.04%] Shaanxi Navigation Equipment Corporation, Shaanxi Electronic Industry Research Institute, Shaanxi Jintai Venture Capital Co., Ltd. At present, the company's largest shareholder is natural person Han Lin, holding 48.7%; the second largest shareholder is Shaanxi Electronics Industry Research Institute, holding 20%; the transferee of the underlying equity is the third largest shareholder. The proportion is 15%, this time all will be transferred out.

Zhengchang Electronics achieved operating revenue of 2010.4 million in 2010 and net profit of 1.3453 million yuan. As of the end of June this year, the monthly report shows that the company achieved a net profit of 58,000 yuan, a total of 41.701 million yuan in assets, total liabilities of 24.304 million yuan, and the owner's equity was 17.501 million yuan. As assessed by Xi'an Hengheng Assets Appraisal Co., Ltd., on November 30, 2010, the book value of the company's net assets was RMB 14,919,400, the assessment value was RMB 1,872.57 million, and the evaluation value of the transfer target was 2,808,900. yuan. The transferor stated that the intended transferee should be a legal person or natural person with good credit and be able to provide proof of deposit no less than the listed price; it should have strong economic strength, good business reputation and financial status.

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