Associate announce to finish sell mobile phone business trades
April 4, 2008
Time of Beijing of dispatch of sina science and technology on April 5 message, according to foreign media coverage, associate group week 4 announce, already will associate at was being finished on March 31 mobile and total equity sells great of the fund of collect of 4 family property such as firm investment trade, this is meant associated to exit mobile phone market formally.
Associate the group released announcement to say on January 31, the price with 100 million dollar, will associate mobile and total equity sells give great the fund of collect of much family property that firm investment heads. Associate saying to sell mobile phone business is for more dedicated go up in core business PC. On March 17, associate partner approved this to offer a plan.
Associate the group signed an agreement on January 30, its mobile phone business sells fund of collect of 4 family property with the price of 100 million dollar — Jade Ahead, small elephant is achieved cast, Ample Growth(grand grows a business) reach Super Pioneer.
Among them, jade Ahead is contributive 45 million dollar, occupy 45% , small elephant achieves pitching endowment 30 million dollar is occupied 30% , long business of Ample Growth grand is contributive 15 million dollar is occupied 15% reach Super Pioneer is contributive 10 million dollar is occupied 10% .
It is reported, long business of Jade Ahead, grand is great the wholy-owned subsidiary of firm investment. Associate group parent company associates accuse a hold great firm investment fund the equity of 34.4% , small elephant investment and Super Pioneer are a personage that the name is Yang Xiangyang wholy-owned have, with associate fasten and nonrelevant. Accordingly computative, great firm investment this second bought associate mobile the equity of 60% , yang Xiangyang hold 40% .
Of 100 million dollar in buying money, 80 million dollar will pay at in advance, 20 million dollar will decide the rest according to the management outstanding achievement henceforth. Associate Beijing company supports the credit that to associate shift provides 25 million dollar.
Associate the mobile phone basically is sold in China, be in up to the 12 the 3rd quarter with 31 days is medium 2007, battalion closes amount to 108 million dollar, battalion closes occupy associate together 2.4% of total sales, and with photograph of the corresponding period was compared last year, shipment volume drops 31% .
Associate of mobile phone business sell the circumstance will be in end March 31 the four seasons was spent 2007 and reflect somewhat on annual money newspaper. (Chen Jing)
Tags: announce, Associate, business, finish, mobile, phone, sell


