Qingdao sea Er cancels equity drive to plan

September 10, 2008

Wang Ruchen

Protracted one year half hind, qingdao sea Er (period authority drive plans the stock of 600690.SH) to announced to cancel yesterday. The announcement that this company issues shows, the equity drive that can come on stage according to inspect of near future card concerns document of item memorandum book, original draft carries out a condition to already changed.

In primary share period authority drive plans (draft) in, qingdao sea Er drafts to incentive object directional add send 80 million stocks, enclothe appear on the market company director (do not contain independent director) , object of drive of the business backbone that tall canal, president nominates and outstanding contribution employee, obligate, decide value of every travel authority formerly 7.63 yuan. And condition of specific travel authority is: Came 2007 2009, increase rate of profit of company year net profit needs relatively before one financial year not under 10% , net assets yield not under 8% . And, although plan is one-time award, but cent period counterpoises all right. Authorization is full after a year, inside the first authority period, upper limit of travel right share is 40% ; The 2nd, upper limit of share of right of travel of the 3rd authority period is 30% .

Will bring up the Er of a batch of seas that includes president Yang Mianmian, assistant president to wait for a person inside according to this one plan multimillionaire.

Companion grows quickly as business, mechanism of drive of this one equity is Qingdao sea Er it seems that profit grows continuously offerred assure for a long time. But because inspect of the card in year was met 2007,this plans of half an year of by a definite date appear on the market company special punish and hard and fast. The examination of plan of former equity drive just restores truly till January 2008, qingdao sea Er experienced two big event among this. When newspaper of one season money was released April, the company says to already restarted incentive plan, during because governing special activity,passing, the environment that when original incentive plan is made, faces has change, making new plan actively. But later Qingdao sea Er did not announce new plan all the time, instead ” greet ” provide collective abdication event high. At that time Zhang Zhichun of trustee, vise general manager, king call together promotes assistant president, zhang Shiyu of vise general manager and independent director Wang Chao all resign, and the key drive object that before 3 people are afore-mentioned equity drive.

Current, cui Shaohua of Dong Bi of Qingdao sea Er does not wish to be opposite ” daily of the first finance and economics ” have a detailed discussion incentive plan cancels a reason. Company announcement shows, according to card inspect can publish new document, involve obligate share at least among them, original plan requirement shoulds not apparently. In original plan 80 million 20 million medium belong to obligate share, and new document sets ” if do not have special account, in principle does not get obligate share. The obligate proportion that has need obligate share truly must not exceed this second equity drive to plan to plan to award rights and interests the amount 10% ” , and the obligate amount of Qingdao sea Er is amounted to 25% .

On June 30 national endowment appoint come on stage ” about the standard state-owned accuse appear on the market the additional announcement that the company carries out equity drive to concern an issue ” (ask for an opinion to stalk of grain) also make afore-mentioned equity incentive plan to be born change. Be expert at inside authority period of efficacy, accrual of drive of incentive object equity is occupied this period the highest proportion of total level of fulfil of the firewood when stock period authority awards, churchyard appears on the market company in principle must not exceed 40% , an usance authority that actual profit exceeds specific gravity to have not counterpoise all right no longer the regulation such as exercise, also let Qingdao sea Er a lot of multimillionaire are born hard.

Personage of the analysis inside course of study says, conditional on the high side counterpoises all right before this. Sea Er group and Qingdao sea Er all emphasize, won’t offer financing of a minute of cash to serve for incentive object. The travel advantageous position that this causes incentive object directly needs a large number of loan or asset mortgage. Analyst of industry of a home appliance says, the likelihood also shows Qingdao sea Er to reach stock price to go to company operation situation have hope. 2007, profit of net of Qingdao sea Er all grew considerably 2008, increase rate is about 30% . And the share price of Qingdao sea Er is announced first from incentive plan when about 7.7 yuan or so all the way raise, amounted to apogee on September 18, 2007 27.99 yuan. But subsequently share price concussion drops, yesterday with 9.89 yuan / closing quotation. Handkerchief straps Luo Qingqi of expert of industry of advisory company senior director, home appliance to think, reflect value of company management layer very hard truly with equity drive means alone.

Announcement shows, this company concerns the basis legal laws and regulations to ask, invite professional orgnaization, timely roll out as close together as company outstanding achievement link up with, the new incentive plan that has long-term and incentive effect more. But Cui Shaohua did not divulge new plan publishs time yesterday.

Heart the supreme court cancels Xi Menzi fine of bribery of 38 million euro

September 2, 2008

Time of Beijing of dispatch of sina science and technology on August 29 message, according to foreign media coverage, german federal supreme court rules now, the 38 million euro that because be suspected of bribery place be faced with,cancels Xi Menzi (add up to 56 million dollar about) fine.

Last year, xi Menzi generates electricity sectional former finance affairs is in charge of Andelisi Clay (Andreas Kley) and before advisory Huosite Weijinna (because Horst Vigener) is suspected of to Italy, both sentences two years to mix respectively nine month, all reprieve.

German federal supreme court reversed afore-mentioned court decisions partly now. The judge announces to cancel to accuse to the bribery of both, because Xi Menzi was in abroad 2002 only,bribery obtains a blame, and employee of desk of these two experience is 2000 to bribery of director of company of Italian state power. Nevertheless, the practice that the judge thinks both uses illegal purpose capital to cover offer a bribe is a kind of act that uses fund illegally. On this foundation, german federal supreme court expresses, because cancelled the accusation to both bribery, accordingly, the fine of 38 million euro that this company faces also cancel totally.

Since 2006, xi Menzi is deep-set ” bribery door ” scandal. Afore-mentioned Italian cases are first adjudicates by the supreme court law case in case of bribery of Xi Menzi series. Current, xi Menzi reachs other in the United States 10 many countries are suspected of bribery be accused with getting order because of its employee. Arrive from 2000 2006, this company presence is as high as 1.3 billion euro ” unidentified defray ” .

Ximen Zixin hears Luo Genbo of · of spokesman tall favour to overcome (express when the Joern Roggenbuck) court decision in supreme court of response Germany federal, “As (the supreme court) the fine that cancels pair of Xi Menzi, this court complied with completely our viewpoint. ” (annals Wei)

  Relevant report:

Before Xi Menzi plans to sue 11 with respect to case of bribery of a huge sum tall canal

Pass Xi Menzi to will reconcile with respect to bribery case with beautiful government

Phenom 9900 cancels B3 pace to enter 9950 replace

February 24, 2008

The K10 Phenom processor that releases formally at present has only 9500 with two kinds of 9600 model (and 9600) of black box edition, and of high end 9900 can see in the test only normally. Soon, the B2 pace of these existence problems is met into version be taken the place of by B3 pace enterprising, and 9900 won’t appear on the market extremely likely at all.

This year the 2nd quarter, AMD will release Phenom 9550/9650, norms and current Phenom 9500/9600 agree completely, but the pace is entered upgrade for B3, solve existent TLB Bug.

Delimit according to the original work out a scheme of AMD, phenom 9900 also can be rolled out in the 2nd quarter, but look now, AMD may abandon the type that this old pace takes, change andRoll out the Phenom 9950 of B3 edition directly in the 3rd quarter, remain norms changeless, Bug disappears.

Whether can be also replaced by Phenom 9750 as to Phenom 9700, still not be clear about at present.