And write down Huang Bu to march formally mobile phone market
October 21, 2008
The mobile phone that INQ rolls out will be used connect high (the 3.5G chip of Qualcomm) , will achieve force and Fuji with Wei health wait for EMS firm cooperation, make the Xia Xin of Skype mobile phone for Hutchison3 as to the past, not was the supplier.
Dispatch of Netease science and technology on October 13 message, according to DIGITIMES report, and write down Huang Bu (Hutchison Whampoa) decides to establish INQ Mobile of mobile phone career, enter mobile phone market directly, besides the Hutchison3 sale in oneself, also can seek as telegraphic as other battalion to carry business cooperates, INQ will be planted with 3.5G machine give priority to, will achieve the EMS factory such as force to cooperate with Fuji Kang Jiwei.
Cover according to Reuter, and write down Huang Bu to already established INQMobile of new mobile phone career, cut the mobile phone market with intense competition, reach with advanced function, reasonable price use easily beg to appeal to, the INQ1 of first mobile phone that INQ rolls out, will with integrated company group website Facebook is nodded to basically sell, support 3.5GHSDPA, use design of slip lid type, stand-alone price will be in 100~200 dollar less than, come out at England and Australia before the end of the year, additionally 4 mobile phones are in in research and development, predict to be able to come out in succession 2009.
Be worth what carry is, with the Hutchison3 that writes down yellow Bu banner to fall, itself is business of telegraphic battalion motion, mobile service is provided in 10 countries and area, in the past also ever the Skype mobile phone that dominant rolls out par, market of machine of this interpose proceed with, can pass through Hutchison3 sale not merely, the person that also can strive for as telegraphic as other action course of study cooperates, make trade of carry of action telecommunication battalion first.
The mobile phone that INQ rolls out will be used connect high (the 3.5G chip of Qualcomm) , will achieve force and Fuji with Wei health wait for EMS firm cooperation, make the Xia Xin of Skype mobile phone for Hutchison3 as to the past, not was the supplier.
Public figure of mobile phone industry expresses, hutchison3 is the business of motion of 3G mobile battalion that does not have a package, push actively all the time exhibit 3.5G action wide frequency to occupy a service, but existing 3.5G mobile phone facilitates in the price and service the gender fails to make consumer satisfactory, because this Hutchison3 ability can hit out actively, cooperate with Skype, Facebook in succession, roll out INQ brand mobile phone this, still basically be in order to innovate and the mobile phone product of low, attract a client to use its data service, mobile phone itself is afraid be not a key.
Huang Renxun is all-around interview: GPU still can develop 15 years
October 4, 2008
Presiding to NVIDIA recently apparitor holds DigiTimes of Taiwan electron times concurrently president Huang Renxun undertook an interview, the problem of a lot of focus that is aimed at current industry undertook communicating, spoke of GPU chip flaw, platform changing circle of politic, brilliant the topic such as product of fusion of factory, CPU GPU and integrated chip set, Larrabee, X86 CPU, Tegra.
Ask: Can you comment on the problem that NVIDIA jotter chip appears recently?
Answer: The problem involves a lot of aspects, Include to come loose heat and chip design. We are undertaking at this point all-around investigation. What must want to point out is, problem be confined to is very few one part jotter (graphical chip) model.
NVIDIA never has considered shirk duty, (After discovering a problem) begin to begin to solve with the manner that is in charge of seriously immediately. The most important is we should find out a problem from why and come, avoid to happen again.
We had invested 200 million dollar at this point, average every GPU about 20 dollars. At present we are discussing recall issue with the partner, the hope can give consumer a satisfactory answer.
Ask: Intel and AMD are using platform to change strategy to be applied to business of NVIDIA chip set pressure, also have report you exit chip set market in the consideration, be true?
Answer: NVIDIA had invested a large number of resource on chip set market, also acquired a lot of share in AMD platform, intel platform respect also is in progress. We can continue to hold to this one product line.
Besides chip set, we can continue to hold to innovation application on GPU product, let consumer be certain NVIDIA GPU just is optimal choice.
Ask: Whether does NVIDIA plan to own his Fab brilliant round plant?
Answer: If you ask Intel, it can tell the brilliant that you have yourself the circle to the factory is optimal choice, because this can help you reduce manufacturing cost, if you ask AMD again,do not pass, they can say they do not want to want any brilliant round factories again probably. NVIDIA never oneself brilliant round factory, but we still very strong.
The brilliant round factory that consumer does not care a company to whether have his perhaps gives other production trader the package outside the product. We and stage accumulate report, couplet report to have very good collaboration concern, and this kind of strategy again in the near future inside won’t change.
Ask: Can NVIDIA adopt a stage to accumulate the 40nm craft that report announces recently?
Answer: NVIDIA plans special discretion to craft changeover all the time. Maturity and rate of finished product fine are us the index of first consideration. We can adopt newest production technology in the most appropriate opportunity.
Ask: Some markets observe the personage thinks GPU market is already saturated, have great leap very hard henceforth again, even may dispirited. How do you look?
Answer: GPU can expand in future each domains, this also is the main purpose that holds NVISION plenary meeting this year. (NVISION) is more than it is the technology that introduces us, still revealed the GPU application in different domain to consumer, for instance video edits.
NVIDIA still undertook cooperative with the software company such as Adobe, Microsoft, apple, professional picture the editor takes mainstream application.
Ask: Intel and AMD plan function of bridge of compositive in prospective CPU north and GPU module, what influence can this bring to NVIDIA? How is NVIDIA faced after CPU and GPU fusion? Can does to you present market share produce an effect?
Answer: I care about them to whether be in chip set or CPU far from compositive GPU. NVIDIA GPU has his advantage on design and function, although Intel is mixed,so AMD released CPU GPU 2 syncretic product, manufacturer or the integrated chip set that can choose NVIDIA and GPU, in order to satisfy market demand.
The main job with integrated chip current set is 3D game and video encode, 3 graphical manufacturers can accomplish this, the collateral computation career that does not spend our CUDA technology to be able to let PC is faster than pure use CPU 10-100 ％ , physX technology can make game more true. This is why our product still the reason of sell like hot cakes, we also are certain can develop more adversary cannot the technology of compare.
I am clear also, NVIDIA does not have his complete set platform, this is an inferior position, butThis also means our GPU to must surpass rival on technology and function, this is the reason that why we develop CUDA and PhysX technology energetically.
Whether can compositive GPU is opposite as to CPU NVIDIA market share produces an effect, immediate impact is not had between both actually, The key is NVIDIA whether the graphical technology dominant position that holds oneself. The GPU that wants us only is on lead position on technology and function, fusion plan of the competitor just is in wasteful resource, people also can continue to adopt the integrated chip set of NVIDIA and GPU.
I also do not worry about issue of share of market of integrated chip set a bit, because Intel held 99 ％ on his platform, we still are less than 1 ％ . Our expression is betterer on AMD platform, but because this compares Intel platform together small much, although Intel and AMD are in CPU compositive GPU, also won’t have how old influence. What the competitor is doing is not a problem, the GPU performance that we can provide just is crucial.
Huang Weiming: Financial storm will make associate gross profit suffers suppress
October 2, 2008
[motivation of ENet Silicon Valley stalks of grain only] fall in the drag in of financial seismic sea wave, associate also hard escape by sheer luck, the company shows before tomorrow of presiding and financial Guan Huangwei, saw demand rein in apparently September, but do not eliminate each big firm with more enterprising price strives for city to occupy rate, predicting gross profit will press press.
Huang Weiming points out, at the beginning of September new round second press storm, make the enterprise is in expenditure of information science and technology is more careful, this year the 3rd, the growth paying fortune of the four seasons is met relatively in former years is decelerated somewhat. In expecting American market, the enterprise may be changed by every 3 years machine one, defer comes 4 years every. The manufacturer is after integral market is cut, meet oneself more enterprising contends for the market, covert make gross profit press press.
The data shows, the computer that wear Er carries up to the battalion of the 2nd season by August profit margin, drop by 5.6 ％ to 4.98 ％ . By associate 09 first quarter outstanding achievement, america, area of Europe and middle east and Africa, big China takes its income each 26% , 21.4% reach 40.8% , if wear Er to anticipate,come true, market demand puts delay to expect couplet thinks outstanding achievement produces distinct effect.
To this, huang Weiming thinks, the circumstance that wear Er can reflect market whole performance, reckon banner computer firm also can face similar pressure. Nevertheless, huang Weiming says, rising market suffers economy to affect relatively develop the area is small, reaffirm the value that maintains outback market to lead a position at the same time.
Huang Weiming discloses, to handle gross profit press press, associate can develop more product, if roll out gross profit relatively the server professional work with expensive computer. Before a month, associate in be aimed at, demand of small look forward to already announced to roll out Lenovo ThinkServer series, in be, small look forward to is offerred giant store the server of the capacity, march global server market. ThinkServer range of products, reach concerned service and support to will be passed through associate to sell companionate network existingly to offer, deepen as companionate as commerce collaboration further. Additional, developing accessary product to go up to still have larger space, carry computer bag for example, can carry memory (USB) or lengthen maintain the service. Huang Weiming expresses, the scope effect that sells computer is very main, because this is bought,also develop one of strategy for a long time to associate. Before coming one year relative to 9 months, the appraise value of the market already became more equitable, but outside price is being divided when be being bought, integrated ability and economic foreground are a consideration the element.
Before this, rub publish research report to say, outback economy puts delay, will adverse associate the business of the group, keep 6.1 yuan target price and neuter grade. The administrative layer that associate predicts, future because 18 months roll out the computer product of new series, accordingly this company still has the opportunity of development in personal computer market of inland, but should think all right, because outback economy puts delay, your countryman consumption is appetent drop, the sale that goes against this company.
When grand of Yao of trustee of banquet of rich assets couplet expresses like that, at present investor is put to the share that gives priority to with American market have wariness, because local credit storm already made,economy turns weak risk increases greatly; Market of product of science and technology more the crisis that faces round-the-world economy growth to put delay, predicting meeting affects company pay off table to show, although appraise value is attracted, unfavorable also and rushed have a hand in. Although he thinks the central confidence that help city is clear, short-term and relevant share is met relatively suffer the market to fix eyes on.
Analyst Mark Po expresses big Hua Jixian, the computer that wear Er is weak to the benefit of high-tech product market anticipate, concern making a person can spread out depreciation sales promotion to act, take the market in order to add to have rate, form blow to associating thereby. At the same time demand of anxious and rising market may put delay this, reduce consequently associate 10 reach 11 year profit to forecast each 3% fall its grade comes hold, cut target price to 4.84 HK dollar by 6.6 HK dollar.
In addition, market information personage says to associate group parent company associates accuse a plan to issue 7 years period bond of fixed interest of 2 billion yuan of RMBs, propagate interest rate predicts to come in 6 ％ between 6.5 ％ , rate of final and par interest is waited for calm. It is reported, associate accuse a capital that raise money to basically be used at business of fund of collect of negotiable securities investment, illicit, compensatory battalion to carry capital and debt return bank loan. This hair debt holds the position of an agent for exclusive sale by lucky silver.
Because investor fears demand of market of science and technology puts delay, zhou Yi (29 days) the computer production business such as Dai Er and HP drops each 9.4% reach 6.8% ; Na Sida restrains an index more defeat 9.1% to 1983 bits, science and technology of benefit weak Asia. Associate Zhou Yi drops 1.4% to 3.52 HK dollar, ever saw 52 weeks low a 3.42 HK dollar.
Author: Ying Ning
Relevant report:
Associate enlarge of business of roasted seeds and nuts of PC of the incorporate into one’s own forces inside countrywide limits allows medium of communication
Huang Guangyu lends the 4 big doubt of housing ZhongGuanCun the hand
June 1, 2008
Editor’s note:
2004, the gimmick that yellow light makes rich Ceng Yiyi series makes a person dazzling, housing borrows successfully to appear on the market in Hong Kong market, become for a time ” outback head is rich ” . Accordingly, the market recombines ZhongGuanCun to be held in the arms for a time to its with extremely tall expectation. On May 7, stop a card the ZhongGuanCun extensive reestablish diplomatic relations of nearly 8 months is easy. Recombine plan as a result of what make rich to yellow light very not satisfactory, the investor of ZhongGuanCun chose to poll with the foot: On May 30, newspaper of ZhongGuanCun share price receives 10.02 yuan, with the company of the protocol before this increase offer 14.67 yuan of photograph comparing, balance amounts to 4.65 yuan / . Gentleman of boat of auspicious of article author king dogs for a long time study yellow Guang Yuqi leaves a company, ever anatomized field of stock market of Huang Guangyu H to lend housing the process in detail first, to A appear on the market the company recombines to also have sufficient understanding and rich practice experience. Its recombine the analysis of ZhongGuanCun to Huang Guangyu, because this is had,also draw lessons from a meaning certainly.
Before long in the future, fact probably will again confirm A with harbor difference: Emerge victorious in every battle in Hong Kong market, the Huang Guangyu of all-powerful, in A dust will fall probably when old tactics repeats, encounter unprecedented awkwardness.
At least so far, cast numerous media blatant the element young scrutiny that flatter goes, huang Guangyu buys ZhongGuanCun (of a series of movement rhythm of 000931.SZ) expatiatory and afflictive, had mixed him in those days national beautiful electric equipment (0493.HK) lends housing harbor the clever pen unripe flower when cannot place on a par. At present according to be opposite Huang Guangyu lends the situation of housing ZhongGuanCun the analysis, this second recombine should have encountered major policy difficult problem. Say impolitely, if we still put Huang Guangyu in ” housing king ” high evaluation, zhongGuanCun borrowing housing exposed much hand sentencing suspect however.
Generally speaking, we measure ” housing ” the stand or fall of resource, have 3 levels: Assure, indebted, or have indebted amount; Total capital stock; Stop card share price. No matter from which angle, no matter be in light of which market, zhongGuanCun is ” dirty case ” . Why can very fathomless Huang Guangyu choose proceed with of such a target, be probably via rising ” is Duan Cun long ” flicker? Be probably drill in Hong Kong to oneself ” wash case old law ” have a well-thought-out plan? Outsider unknown.
Rhythm is conversed, by creditor bank ” start will slaughter one knife suddenly “
Recombine from debt first speak of. A those who borrow housing to worry most is indebted problem, look a calm to appear on the market originally company, want to recombine to just appear only, before countless creditor jumping out on the horse, will demand repayment, this is each recombine square most the problem of anxious. And housing lends prices in today’s stock market in, high grade housing resource, the cost that deals total debt should not exceed 50 million yuan, recombined square financial burden to be weighed quite otherwise. Even if ordinary good case natural resources, also should not exceed 100 million yuan clear indebted cost. But ZhongGuanCun light owes construction bank only (601939.SH, 0939.HK) and Bank of China (601988.SH, the indebted amount of 3988.HK) is as high as 592 million yuan, assure be as high as many yuan 30, can saying is astronomical.
Say by constant manage, resemble ZhongGuanCun such indebted large family, the bank recombines for support, general metropolis undertakes hitting folding to debt, 50% discount even also be very possible — should recombine square strength only quite big. But apparent, the outcome that Huang Guangyu faces is sum remands the loan principal of two banks, those who discharge is accrual merely.
This kind of result is any the result that undesirable debtor goes to a bank negotiating to be able to get, and work force of Huang Guangyu should not need step of this cultivate land apparently.
Look, the rhythm jumble that Huang Guangyu recombines debt with asset it seems that was covered. March 2006, huang Guangyu almost the control that ground of too impatient to wait took a company first counterpoises, high-key into advocate be in debt large family ZhongGuanCun. Ever since as a result everybody saw: This acedia already bank be overjoyed, hit the debt that discount to deal with plan commit to the flames, start comes fierce Zai Shoufu one knife. Face sharp, left and right sides of yellow smooth abundant kept out a year superabundant, still chose finally to bring a neck to suffer join. Come he himself the target is too big, take the strategy that controls right first, expose his annals to be in the intent that must, this can make shopping big fear. a rich side-effect also make unless he asks spokesman to appear personally, otherwise any banks that see him can sit the ground rises in price, do not respect a rich honor namely as this it seems that, and Huang Guangyu also was used to it seems that. On the other hand, develop the Huang Guangyu of business as estate, will come to what hope to be able to get these two banks certainly to support energetically, accordingly, he probably also stock ” fill outside bank of the loss inside the bank ” secret weapon.
But anyhow, the author thinks, taking control to counterpoise first is not the correct move type when debt recombines absolutely. Huang Guangyu should torment a bank first, after waiting to form debt basically to recombine an agreement, jump to take next control advantageous position again, stop a card quickly to lock up price pattern.
This, but he is impatient ate hot bean curd, the result is floriferous at least 200 million yuan of cash and much dillydally debt of a year recombines time — this year just is Chinese stock market a year when soare, the price stopping a card of ZhongGuanCun turned over 4 times accordingly. Assure as to the CDMA that is as high as many yuan 30, more make rich yellow light torment gets half alive.
The word says, smooth to fizzling out perhaps abundant, 500 million yuan of cash ” wash housing ” cost is not put in the eye by him actually — anyway what he falls also is ” big chessboard ” .
But, absolutely too tired, too regrettablly.
The friend has been jumped over more more, but capital stock is not
The big distinction that Huang Guangyu overlooked field of A stock market and Hong Kong stock market probably — here cannot shrink, can add only hair, lack cash add to investor hair, was short of control to counterpoise to be added to large stockholder hair, lack cash again add to investor again hair, was short of control to counterpoise to be added to large stockholder again again hair. This resembles water with respect to some much add an area, the face became much add water, the result can be to make whole kitchen was full of dough only.
And apparent, dough is jumped over at first big, be full of a kitchen more easily in adding the face, process that adds water first, drown knead dough person. Accordingly, in Chinese stock market the invention shrinks a method before, smaller ” housing ” jump over undoubtedly competitive.
Total capital stock is small, recombining price is lower, did not come to what can do to add hair annulus second much; Same outstanding achievement, capital stock is smaller, share price goes easily also tall, the stock jumps over sex appeal it seems that.
Field of A stock market is the most high grade ” housing ” , total capital stock is in 50 million ～ 80 million in. Regrettablly, such ” housing ” field of stock market of searching and whole A also does not have remnant ten, and early namely ” 10 thousand people are confused ” . Accordingly, can find commonly ” housing ” , can yield total capital stock 200 million in, again big with respect to overstaffed, nobody likes more than 500 million case — besides Huang Guangyu.
And ZhongGuanCun is a total capital stock amount to 675 million ” big case child ” . Look from capital stock angle, look for ZhongGuanCun with its, still be inferior to recombining ST Yin Anxia directly really (000557.SZ) , return the eyeball that can detonate media one round again at least.
Increase offer: Created a record, exposed a failure
According to ZhongGuanCun the view of standing vice-president Wang Jun, choice of yellow smooth abundant serves as 14.67 yuan add offer division, it is to yield benefit to the shareholder. But look in the author, this is this year absolutely capital market ” most black humour ” , this lets each in the stock market ” chickling ” heard ” weasel ” cordial New Year congratulate.
Actually, this adds offer case to allow the view of benefit to the shareholder, what conceal rear is failure actually — what price turn chooses is strategical fail. The Huang Guangyu that knows very well game of market of completely current capital is regular knows of course, price stopping a card is lower, the share that similar capital fund can trade is more, perhaps say, trade the share of same amount, the asset value that need assesses jumps over be economical.
Huang Guangyu made a lot of attempts for this. September 2007, zhongGuanCun keeps releasing benefit empty information, assure from CDMA be without progress to arrive to be in charge of abdication high. But, the constituent capacity that investor of field of A stock market is certain yellow light makes rich and harmonious ability, occupy do not go namely over, everybody is calling benefit sky to go out is the catchword with good profit, become aware get oneself with respect to detection Huang Guangyu’s waists-coat. To later, reckon him Huang Guangyu also feels to be put again with its ” profit of profit empty pattern is good ” , still be inferior to stopping card lest a long delay may cause trouble rapidly, then the decision stopped a card on October 8, 2007.
But actually, the field of A stock market at the beginning of October 2007 like a raging fire, not be one recombines the inning that stays a card absolutely, everybody is ebullient, sing loudly ” died not to sell ” . And in ZhongGuanCun ” living ” Huang Guangyu, what be not dry wait for sleep in the home, metropolis somebody is made up to him piece ” devising clever strategies a thousand li of decide the issue of the battle ” the story comes, how does the likelihood press the share price of ZhongGuanCun to come down?
Accordingly, the choice stopped a card in October 2007, explain Huang Guangyu is right at that time the judgement of Chinese stock market is ” on card put together points to can continue to go up, even 10000 bits ” . This pours give no cause for more criticism, because at that time almost everybody feels so.
Be the error that this kind of strategy judges, make Huang Guangyu is done not have can again ” fight ” a few days. Actually, bear 8 days again, a fly flow to fall 3000 a little bit continuously, arrived at that time, in ZhongGuanCun ” died not to sell ” the shareholder runs than who quickly for certain. Be being changed is today, the grail of this kind of apathetic recombines, share price should not exceed 7 yuan — if Huang Guangyu is less than 6 months restrainedly more, can save below almost the asset of the half, need not pull assessment longbow so completely at least, so tired.
After the event looks, stop the apogee that the stock market is almost when the card at the outset, add offer case exorbitantly to make yellow light makes rich suffering can’ts bear character, he is conceivable 1.2 billion, thought too, for this he nots hesitate all cost, what be in Hong Kong to repeat him only is brilliant. Then, we saw marvellous spectacle — the asset value that those are about to load evaluated 18 billion yuan.
The total assets 2007 is roc embellish real estate 3.48 billion yuan, net assets is 2.14 billion yuan, evaluate with earnings standard be as high as 18 billion yuan actually, and it is the residence that can make work for the most part. If accrual comes true entirely, need pay value added tax of how many land? Asset evaluates the 2008 predicting city in the process to be filled with lead more than 40 times, the city net rate that total assets includes is as high as 9 times.
These numbers tell us, “Chickling ” people still had better be tantivy, no matter ” weasel ” how New Year congratulations is luxuriant.
Recombine appoint: “The hero returns ” obstacle
According to ZhongGuanCun the announcement May 7, huang Guangyu is noted endowment hind, of ZhongGuanCun ” quality of business structure, asset and financial standing will be improved greatly, management outstanding achievement will change thoroughly ” . But forecast income statement accessarily from announcement in (see subordinate list) can see, company the imitate 2007 fors reference 0.1 yuan apparently beforehand has decided every profit, after all every accrual under 0.1 yuan, very difficult justifiable. And 0.13 yuan when increase every year later, it is ZhongGuanCun fitly every accrual 2007.
Determined every income, add send a number and evaluate a value to be able to be pushed. In other words, want profit only capital stock is affirmatory, certain, because add offer division,exorbitant likelihood gives the loss that loads asset to bring, can use evaluate a value to make up for. After passing because of asset displacement, roc peaceful has owned the equity of 22.75% , be ZhongGuanCun control a partner, when Huang Guangyu just reviewed Hong Kong of national beautiful electric equipment to appear on the market, be filled with with 50 times city rate buy the feeling that sells oneself oneself, this city was filled with last year leading is 145 times, city is filled with this year leading is 40 times, city of the coming year is filled with leading is 25 times.
Regrettablly, it is this in Chinese inland, the orgnaization that there is a Hong Kong to do not have here — recombine appoint. And recombine committee members each is deep bright cardinal principles of righteousness. They also can oppugn Huang Guangyu for certain whether selling ” affusion flesh ” , fizzle out to make rich on 10 thousand mus one class develops land after all to be able to generate how many profit solely for example, the land that Huang Guangyu can ensure through what method one class is developed ” action pat hang ” hind still be him himself, and these problems, just is Huang Guangyu also uses what the language that recombines a committee member to be able to be understood describes without method — although every estate develops business to won’t headache this kind of problem — the tweak that they know naturally to maintain income of one level land, dan Huangguang abundant must answer this one question with official language, this can be headaching thing.
OK and fatidical, huang Guangyu 18 billion yuan evaluate value to be able to be superintended the orgnaization asks to hit fold, 50% discount even, final Huang Guangyu must accept possibly so lower than now that evaluate a result more. If be really such, then Huang Guangyu’s face can be folded big — in fact, be as high as 14.76 yuan just about stop list price, make all problem bubble are changed.
Abhor like I and yellow smooth abundant the policy of this kind of odd sets — do not pass partner category to vote, and make through governmental policy ” 20 days all valence ” the countermeasure that regards the policy that recombines the price and protection as the shareholder, this is the clammy expression of bovine city thinking, the coordinate origin in the constitutor brain of this policy is so of the regulation: Chinese stock market can, and be sure go up forever go down, forever!
Accordingly, huang Guangyu’s forces is in certainly these days ” in the meeting ” the go canvassing between each branches, argue, succumb, fight.
Do not know who can win, if arrived,both sides still will compromise without the person July, recombining bode ill rather than well finally also is likely.
If card inspect can choose to announce to recombine failure, the share price of ZhongGuanCun should drop to appropriate interval for certain — 6 yuan the following, when to recombine again later, still do not recombine again, active advantageous position returns Huang Guangyu in the hand, although fold caustic face, but also may not is evildoing. After all, in present plan, the 1.9 billion overstaffed figure that expects capital stock, and the future that has ten yuan only profit of two years of projects, make investor disappointed unceasingly. The share price that ZhongGuanCun drops all the way after answer card, it is the optimal expression of this kind of wait-and-see state of mind.
And these, not be absolutely ” the hero returns ” when should some old scene. Not ” the hero returns ” reality, the likelihood is Huang Guangyu recombines ZhongGuanCun most unsuccessful place.
Huang Guangyu lends the 4 big doubt of housing ZhongGuanCun the hand
June 1, 2008
Editor’s note:
2004, the gimmick that yellow light makes rich Ceng Yiyi series makes a person dazzling, housing borrows successfully to appear on the market in Hong Kong market, become for a time ” outback head is rich ” . Accordingly, the market recombines ZhongGuanCun to be held in the arms for a time to its with extremely tall expectation. On May 7, stop a card the ZhongGuanCun extensive reestablish diplomatic relations of nearly 8 months is easy. Recombine plan as a result of what make rich to yellow light very not satisfactory, the investor of ZhongGuanCun chose to poll with the foot: On May 30, newspaper of ZhongGuanCun share price receives 10.02 yuan, with the company of the protocol before this increase offer 14.67 yuan of photograph comparing, balance amounts to 4.65 yuan / . Gentleman of boat of auspicious of article author king dogs for a long time study yellow Guang Yuqi leaves a company, ever anatomized field of stock market of Huang Guangyu H to lend housing the process in detail first, to A appear on the market the company recombines to also have sufficient understanding and rich practice experience. Its recombine the analysis of ZhongGuanCun to Huang Guangyu, because this is had,also draw lessons from a meaning certainly.
Before long in the future, fact probably will again confirm A with harbor difference: Emerge victorious in every battle in Hong Kong market, the Huang Guangyu of all-powerful, in A dust will fall probably when old tactics repeats, encounter unprecedented awkwardness.
At least so far, cast numerous media blatant the element young scrutiny that flatter goes, huang Guangyu buys ZhongGuanCun (of a series of movement rhythm of 000931.SZ) expatiatory and afflictive, had mixed him in those days national beautiful electric equipment (0493.HK) lends housing harbor the clever pen unripe flower when cannot place on a par. At present according to be opposite Huang Guangyu lends the situation of housing ZhongGuanCun the analysis, this second recombine should have encountered major policy difficult problem. Say impolitely, if we still put Huang Guangyu in ” housing king ” high evaluation, zhongGuanCun borrowing housing exposed much hand sentencing suspect however.
Generally speaking, we measure ” housing ” the stand or fall of resource, have 3 levels: Assure, indebted, or have indebted amount; Total capital stock; Stop card share price. No matter from which angle, no matter be in light of which market, zhongGuanCun is ” dirty case ” . Why can very fathomless Huang Guangyu choose proceed with of such a target, be probably via rising ” is Duan Cun long ” flicker? Be probably drill in Hong Kong to oneself ” wash case old law ” have a well-thought-out plan? Outsider unknown.
Rhythm is conversed, by creditor bank ” start will slaughter one knife suddenly “
Recombine from debt first speak of. A those who borrow housing to worry most is indebted problem, look a calm to appear on the market originally company, want to recombine to just appear only, before countless creditor jumping out on the horse, will demand repayment, this is each recombine square most the problem of anxious. And housing lends prices in today’s stock market in, high grade housing resource, the cost that deals total debt should not exceed 50 million yuan, recombined square financial burden to be weighed quite otherwise. Even if ordinary good case natural resources, also should not exceed 100 million yuan clear indebted cost. But ZhongGuanCun light owes construction bank only (601939.SH, 0939.HK) and Bank of China (601988.SH, the indebted amount of 3988.HK) is as high as 592 million yuan, assure be as high as many yuan 30, can saying is astronomical.
Say by constant manage, resemble ZhongGuanCun such indebted large family, the bank recombines for support, general metropolis undertakes hitting folding to debt, 50% discount even also be very possible — should recombine square strength only quite big. But apparent, the outcome that Huang Guangyu faces is sum remands the loan principal of two banks, those who discharge is accrual merely.
This kind of result is any the result that undesirable debtor goes to a bank negotiating to be able to get, and work force of Huang Guangyu should not need step of this cultivate land apparently.
Look, the rhythm jumble that Huang Guangyu recombines debt with asset it seems that was covered. March 2006, huang Guangyu almost the control that ground of too impatient to wait took a company first counterpoises, high-key into advocate be in debt large family ZhongGuanCun. Ever since as a result everybody saw: This acedia already bank be overjoyed, hit the debt that discount to deal with plan commit to the flames, start comes fierce Zai Shoufu one knife. Face sharp, left and right sides of yellow smooth abundant kept out a year superabundant, still chose finally to bring a neck to suffer join. Come he himself the target is too big, take the strategy that controls right first, expose his annals to be in the intent that must, this can make shopping big fear. a rich side-effect also make unless he asks spokesman to appear personally, otherwise any banks that see him can sit the ground rises in price, do not respect a rich honor namely as this it seems that, and Huang Guangyu also was used to it seems that. On the other hand, develop the Huang Guangyu of business as estate, will come to what hope to be able to get these two banks certainly to support energetically, accordingly, he probably also stock ” fill outside bank of the loss inside the bank ” secret weapon.
But anyhow, the author thinks, taking control to counterpoise first is not the correct move type when debt recombines absolutely. Huang Guangyu should torment a bank first, after waiting to form debt basically to recombine an agreement, jump to take next control advantageous position again, stop a card quickly to lock up price pattern.
This, but he is impatient ate hot bean curd, the result is floriferous at least 200 million yuan of cash and much dillydally debt of a year recombines time — this year just is Chinese stock market a year when soare, the price stopping a card of ZhongGuanCun turned over 4 times accordingly. Assure as to the CDMA that is as high as many yuan 30, more make rich yellow light torment gets half alive.
The word says, smooth to fizzling out perhaps abundant, 500 million yuan of cash ” wash housing ” cost is not put in the eye by him actually — anyway what he falls also is ” big chessboard ” .
But, absolutely too tired, too regrettablly.
The friend has been jumped over more more, but capital stock is not
The big distinction that Huang Guangyu overlooked field of A stock market and Hong Kong stock market probably — here cannot shrink, can add only hair, lack cash add to investor hair, was short of control to counterpoise to be added to large stockholder hair, lack cash again add to investor again hair, was short of control to counterpoise to be added to large stockholder again again hair. This resembles water with respect to some much add an area, the face became much add water, the result can be to make whole kitchen was full of dough only.
And apparent, dough is jumped over at first big, be full of a kitchen more easily in adding the face, process that adds water first, drown knead dough person. Accordingly, in Chinese stock market the invention shrinks a method before, smaller ” housing ” jump over undoubtedly competitive.
Total capital stock is small, recombining price is lower, did not come to what can do to add hair annulus second much; Same outstanding achievement, capital stock is smaller, share price goes easily also tall, the stock jumps over sex appeal it seems that.
Field of A stock market is the most high grade ” housing ” , total capital stock is in 50 million ～ 80 million in. Regrettablly, such ” housing ” field of stock market of searching and whole A also does not have remnant ten, and early namely ” 10 thousand people are confused ” . Accordingly, can find commonly ” housing ” , can yield total capital stock 200 million in, again big with respect to overstaffed, nobody likes more than 500 million case — besides Huang Guangyu.
And ZhongGuanCun is a total capital stock amount to 675 million ” big case child ” . Look from capital stock angle, look for ZhongGuanCun with its, still be inferior to recombining ST Yin Anxia directly really (000557.SZ) , return the eyeball that can detonate media one round again at least.
Increase offer: Created a record, exposed a failure
According to ZhongGuanCun the view of standing vice-president Wang Jun, choice of yellow smooth abundant serves as 14.67 yuan add offer division, it is to yield benefit to the shareholder. But look in the author, this is this year absolutely capital market ” most black humour ” , this lets each in the stock market ” chickling ” heard ” weasel ” cordial New Year congratulate.
Actually, this adds offer case to allow the view of benefit to the shareholder, what conceal rear is failure actually — what price turn chooses is strategical fail. The Huang Guangyu that knows very well game of market of completely current capital is regular knows of course, price stopping a card is lower, the share that similar capital fund can trade is more, perhaps say, trade the share of same amount, the asset value that need assesses jumps over be economical.
Huang Guangyu made a lot of attempts for this. September 2007, zhongGuanCun keeps releasing benefit empty information, assure from CDMA be without progress to arrive to be in charge of abdication high. But, the constituent capacity that investor of field of A stock market is certain yellow light makes rich and harmonious ability, occupy do not go namely over, everybody is calling benefit sky to go out is the catchword with good profit, become aware get oneself with respect to detection Huang Guangyu’s waists-coat. To later, reckon him Huang Guangyu also feels to be put again with its ” profit of profit empty pattern is good ” , still be inferior to stopping card lest a long delay may cause trouble rapidly, then the decision stopped a card on October 8, 2007.
But actually, the field of A stock market at the beginning of October 2007 like a raging fire, not be one recombines the inning that stays a card absolutely, everybody is ebullient, sing loudly ” died not to sell ” . And in ZhongGuanCun ” living ” Huang Guangyu, what be not dry wait for sleep in the home, metropolis somebody is made up to him piece ” devising clever strategies a thousand li of decide the issue of the battle ” the story comes, how does the likelihood press the share price of ZhongGuanCun to come down?
Accordingly, the choice stopped a card in October 2007, explain Huang Guangyu is right at that time the judgement of Chinese stock market is ” on card put together points to can continue to go up, even 10000 bits ” . This pours give no cause for more criticism, because at that time almost everybody feels so.
Be the error that this kind of strategy judges, make Huang Guangyu is done not have can again ” fight ” a few days. Actually, bear 8 days again, a fly flow to fall 3000 a little bit continuously, arrived at that time, in ZhongGuanCun ” died not to sell ” the shareholder runs than who quickly for certain. Be being changed is today, the grail of this kind of apathetic recombines, share price should not exceed 7 yuan — if Huang Guangyu is less than 6 months restrainedly more, can save below almost the asset of the half, need not pull assessment longbow so completely at least, so tired.
After the event looks, stop the apogee that the stock market is almost when the card at the outset, add offer case exorbitantly to make yellow light makes rich suffering can’ts bear character, he is conceivable 1.2 billion, thought too, for this he nots hesitate all cost, what be in Hong Kong to repeat him only is brilliant. Then, we saw marvellous spectacle — the asset value that those are about to load evaluated 18 billion yuan.
The total assets 2007 is roc embellish real estate 3.48 billion yuan, net assets is 2.14 billion yuan, evaluate with earnings standard be as high as 18 billion yuan actually, and it is the residence that can make work for the most part. If accrual comes true entirely, need pay value added tax of how many land? Asset evaluates the 2008 predicting city in the process to be filled with lead more than 40 times, the city net rate that total assets includes is as high as 9 times.
These numbers tell us, “Chickling ” people still had better be tantivy, no matter ” weasel ” how New Year congratulations is luxuriant.
Recombine appoint: “The hero returns ” obstacle
According to ZhongGuanCun the announcement May 7, huang Guangyu is noted endowment hind, of ZhongGuanCun ” quality of business structure, asset and financial standing will be improved greatly, management outstanding achievement will change thoroughly ” . But forecast income statement accessarily from announcement in (see subordinate list) can see, company the imitate 2007 fors reference 0.1 yuan apparently beforehand has decided every profit, after all every accrual under 0.1 yuan, very difficult justifiable. And 0.13 yuan when increase every year later, it is ZhongGuanCun fitly every accrual 2007.
Determined every income, add send a number and evaluate a value to be able to be pushed. In other words, want profit only capital stock is affirmatory, certain, because add offer division,exorbitant likelihood gives the loss that loads asset to bring, can use evaluate a value to make up for. After passing because of asset displacement, roc peaceful has owned the equity of 22.75% , be ZhongGuanCun control a partner, when Huang Guangyu just reviewed Hong Kong of national beautiful electric equipment to appear on the market, be filled with with 50 times city rate buy the feeling that sells oneself oneself, this city was filled with last year leading is 145 times, city is filled with this year leading is 40 times, city of the coming year is filled with leading is 25 times.
Regrettablly, it is this in Chinese inland, the orgnaization that there is a Hong Kong to do not have here — recombine appoint. And recombine committee members each is deep bright cardinal principles of righteousness. They also can oppugn Huang Guangyu for certain whether selling ” affusion flesh ” , fizzle out to make rich on 10 thousand mus one class develops land after all to be able to generate how many profit solely for example, the land that Huang Guangyu can ensure through what method one class is developed ” action pat hang ” hind still be him himself, and these problems, just is Huang Guangyu also uses what the language that recombines a committee member to be able to be understood describes without method — although every estate develops business to won’t headache this kind of problem — the tweak that they know naturally to maintain income of one level land, dan Huangguang abundant must answer this one question with official language, this can be headaching thing.
OK and fatidical, huang Guangyu 18 billion yuan evaluate value to be able to be superintended the orgnaization asks to hit fold, 50% discount even, final Huang Guangyu must accept possibly so lower than now that evaluate a result more. If be really such, then Huang Guangyu’s face can be folded big — in fact, be as high as 14.76 yuan just about stop list price, make all problem bubble are changed.
Abhor like I and yellow smooth abundant the policy of this kind of odd sets — do not pass partner category to vote, and make through governmental policy ” 20 days all valence ” the countermeasure that regards the policy that recombines the price and protection as the shareholder, this is the clammy expression of bovine city thinking, the coordinate origin in the constitutor brain of this policy is so of the regulation: Chinese stock market can, and be sure go up forever go down, forever!
Accordingly, huang Guangyu’s forces is in certainly these days ” in the meeting ” the go canvassing between each branches, argue, succumb, fight.
Do not know who can win, if arrived,both sides still will compromise without the person July, recombining bode ill rather than well finally also is likely.
If card inspect can choose to announce to recombine failure, the share price of ZhongGuanCun should drop to appropriate interval for certain — 6 yuan the following, when to recombine again later, still do not recombine again, active advantageous position returns Huang Guangyu in the hand, although fold caustic face, but also may not is evildoing. After all, in present plan, the 1.9 billion overstaffed figure that expects capital stock, and the future that has ten yuan only profit of two years of projects, make investor disappointed unceasingly. The share price that ZhongGuanCun drops all the way after answer card, it is the optimal expression of this kind of wait-and-see state of mind.
And these, not be absolutely ” the hero returns ” when should some old scene. Not ” the hero returns ” reality, the likelihood is Huang Guangyu recombines ZhongGuanCun most unsuccessful place.
Huang Guangyu casts beautiful electric equipment of 125 million nation 15.3 yuan set show 1.9 billion yuan
April 24, 2008
Dispatch of Tecent science and technologyLate on April 20, national beautiful electric equipment hands in place to issue announcement in harbor, company director holds concurrently accuse a partner Huang Guangyu to became an agreement with Gao Chengda on April 18, match carry out by latter representative 125 of hold of place of Shinning Crown of former and wholy-owned company, 430, share of 000 nations beautiful electric equipment, match price every not less than 17 HK dollar (add up to 15.3 yuan of RMBs about) .
Sell share Huang Guangyu will be covered this make an appointment with 1.9 billion yuan of RMB now.
He Yangqing of spokesman of news of national beautiful electric equipment discloses, “The biggest partner considers the queasy case of international stock market, as entrepreneur, be prepared for danger in times of safety, expand an admissibility with the group, lay in a few abundant financing more, with stock need moment is used. With stock need moment is used..
To this, comment of the personage inside course of study says, entrepreneur should have crisis consciousness, this healthy to enterprise safety progress is very significant.
Huang Guangyu is low-key ” freeze ” roc embellish electric equipment obtains the expert inside course of study to approbate
February 26, 2008
The visit district stone that develops our country home appliance to interlink high-end market as Huang Guangyu, “Roc embellish electric equipment ” this fascia is in however high-key hang out 2 years many hind, sadly give up the throne. Yesterday ” daily economy news ” know, inn of pasture of horse of roc embellish electric equipment changes already completely as inn of national beautiful electric equipment, mark of its door inn and door inn name already all changed. Analytic personage thinks, this is meant, in ” roc embellish electric equipment ” level sex ground finishs its history job — intercept 100 think of buy Beijing — later, huang Guangyu of president of national beautiful electric equipment decides to be laid aside temporarily eventually ” roc embellish electric equipment ” .
Yesterday, he Yang of spokesman of news of national beautiful electric equipment is green with ” attending a meeting, inconvenience picks up the telephone ” for, did not make openly response. According to capital media coverage, inn of pasture of horse of roc embellish electric equipment really incognito already inn of door of electric equipment of the beauty that it is a country, inn name and inn mark are withheld no longer ” roc embellish ” brand. Huang Guangyu is the earliest ” roc embellish electric equipment ” the high-end home appliance that falls as Guo Meihui interlinks a brand to roll out is in December 2005, inn of Shenyang of roc embellish electric equipment opens business that month. Be in subsequently in September 2006, inn of pasture of horse of roc embellish electric equipment opens business. At that time, character of beautiful Ceng Fang wants the country to build Home 30-40 inside 3 years inn of roc embellish electric equipment.
Twists and turns encounters after inn of pasture of horse of roc embellish electric equipment opens business ceaseless. Be like, open business after two months, because this inn manages business to fail to achieve expect an end and close down is rectified; On January 20, 2007, inn of pasture of horse of roc embellish electric equipment changes his appearance first degrees, become ” national beautiful electric equipment inn of Ma Dianpeng embellish ” . After this, inn of roc embellish electric equipment is in next mandatory management with beautiful country all the time actually. So, this ” roc embellish electric equipment ” inn of door of beauty lending a country unites a label and thoroughly incognito electric equipment of the beauty that it is a country, whether to mean national beautiful electric equipment to contract the battlefront of market of its high end? Or, is the in the bookshops before this action of yellow smooth abundant and this alled over pass ” country United States general and 100 think of buy across to change ” about?
Go in inn of pasture of horse of roc embellish electric equipment the beginning of the year more the name is ” national beautiful electric equipment inn of Ma Dianpeng embellish ” during, the United States still is emphasizing the country the attempt that its sell a construction to high-end home appliance, call Guo Meipeng embellish inn ” will achieve tall, medium, low end of the product super sell the organic confluence of field greatly ” . Those who change character, the United States is opposite the country at that time ” roc embellish electric equipment ” this brand, right high-end market still retains continue thorough desire.
In fact the market that home appliance of Chinese high end interlinks is remote crudely, this from 100 think of buy the dimensions that is in China to extend again and again press press hind, heretofore has not open an inn of the 2nd door to see one spot. Business management seeks advice from boast father orgnaization controller Liu Buchen thinks, the country is beautiful high-key roll out ” roc embellish electric equipment ” original intention, be want pair of fixed position high end think of bought Chinese position to spread out intercept, especially latter of block the way enters capital, nowadays 100 think of buy, or the progress that says high-end home appliance interlinks mode to be in China is not good; In addition, “Beautiful to the country for, the function with roc embellish original electric equipment is complete but by the country the United States is assumed along with all the others ” .
Expert analysis
Result of it may be said of roc embellish electric equipment is retreated into the body
Alleged high end, should go up in the price at least, the implementation on the product differs dissimilation. Liu Buchen points out, in Chinese home appliance retail market, it is quite difficult that on this 2 o’clock body reveals apparently poor dissimilation, this brings about the high end that seeks with seeking difference melt into to appeal to to sell a very difficult base oneself upon. If extortionary raise a brand technically for high-end market, its run cost very will tall. Accordingly, the country is beautiful the sense that continues to withhold roc embellish electric equipment is not great, it may be said of roc embellish electric equipment finishs historical task, result to be retreated into the body. Additional, liu Buchen still thinks, country the United States and 100 think of buy across to change, the possibility that capital cooperates is not large. And He Yang blueness ever also had expressed before this, “100 think of buy to the country at present the United States still does not have what value ” .
Huang Guangyu is low-key ” freeze ” roc embellish electric equipment obtains the expert inside course of study to approbate
February 25, 2008
The visit district stone that develops our country home appliance to interlink high-end market as Huang Guangyu, “Roc embellish electric equipment ” this fascia is in however high-key hang out 2 years many hind, sadly give up the throne. Yesterday ” daily economy news ” know, inn of pasture of horse of roc embellish electric equipment changes already completely as inn of national beautiful electric equipment, mark of its door inn and door inn name already all changed. Analytic personage thinks, this is meant, in ” roc embellish electric equipment ” level sex ground finishs its history job — intercept 100 think of buy Beijing — later, huang Guangyu of president of national beautiful electric equipment decides to be laid aside temporarily eventually ” roc embellish electric equipment ” .
Yesterday, he Yang of spokesman of news of national beautiful electric equipment is green with ” attending a meeting, inconvenience picks up the telephone ” for, did not make openly response. According to capital media coverage, inn of pasture of horse of roc embellish electric equipment really incognito already inn of door of electric equipment of the beauty that it is a country, inn name and inn mark are withheld no longer ” roc embellish ” brand. Huang Guangyu is the earliest ” roc embellish electric equipment ” the high-end home appliance that falls as Guo Meihui interlinks a brand to roll out is in December 2005, inn of Shenyang of roc embellish electric equipment opens business that month. Be in subsequently in September 2006, inn of pasture of horse of roc embellish electric equipment opens business. At that time, character of beautiful Ceng Fang wants the country to build Home 30-40 inside 3 years inn of roc embellish electric equipment.
Twists and turns encounters after inn of pasture of horse of roc embellish electric equipment opens business ceaseless. Be like, open business after two months, because this inn manages business to fail to achieve expect an end and close down is rectified; On January 20, 2007, inn of pasture of horse of roc embellish electric equipment changes his appearance first degrees, become ” national beautiful electric equipment inn of Ma Dianpeng embellish ” . After this, inn of roc embellish electric equipment is in next mandatory management with beautiful country all the time actually. So, this ” roc embellish electric equipment ” inn of door of beauty lending a country unites a label and thoroughly incognito electric equipment of the beauty that it is a country, whether to mean national beautiful electric equipment to contract the battlefront of market of its high end? Or, is the in the bookshops before this action of yellow smooth abundant and this alled over pass ” country United States general and 100 think of buy across to change ” about?
Go in inn of pasture of horse of roc embellish electric equipment the beginning of the year more the name is ” national beautiful electric equipment inn of Ma Dianpeng embellish ” during, the United States still is emphasizing the country the attempt that its sell a construction to high-end home appliance, call Guo Meipeng embellish inn ” will achieve tall, medium, low end of the product super sell the organic confluence of field greatly ” . Those who change character, the United States is opposite the country at that time ” roc embellish electric equipment ” this brand, right high-end market still retains continue thorough desire.
In fact the market that home appliance of Chinese high end interlinks is remote crudely, this from 100 think of buy the dimensions that is in China to extend again and again press press hind, heretofore has not open an inn of the 2nd door to see one spot. Business management seeks advice from boast father orgnaization controller Liu Buchen thinks, the country is beautiful high-key roll out ” roc embellish electric equipment ” original intention, be want pair of fixed position high end think of bought Chinese position to spread out intercept, especially latter of block the way enters capital, nowadays 100 think of buy, or the progress that says high-end home appliance interlinks mode to be in China is not good; In addition, “Beautiful to the country for, the function with roc embellish original electric equipment is complete but by the country the United States is assumed along with all the others ” .
Expert analysis
Result of it may be said of roc embellish electric equipment is retreated into the body
Alleged high end, should go up in the price at least, the implementation on the product differs dissimilation. Liu Buchen points out, in Chinese home appliance retail market, it is quite difficult that on this 2 o’clock body reveals apparently poor dissimilation, this brings about the high end that seeks with seeking difference melt into to appeal to to sell a very difficult base oneself upon. If extortionary raise a brand technically for high-end market, its run cost very will tall. Accordingly, the country is beautiful the sense that continues to withhold roc embellish electric equipment is not great, it may be said of roc embellish electric equipment finishs historical task, result to be retreated into the body. Additional, liu Buchen still thinks, country the United States and 100 think of buy across to change, the possibility that capital cooperates is not large. And He Yang blueness ever also had expressed before this, “100 think of buy to the country at present the United States still does not have what value ” .
Huang Guangyu abandons roc embellish electric equipment sadly
February 24, 2008
Before this by the country of incorporate into one’s own forces of beautiful electric equipment ” brotherly company ” inn of pasture of horse of roc embellish electric equipment, already changed thoroughly as inn of door of national beautiful electric equipment. Its door inn marks and inn name already did the door to alter accordingly. This complete more renown, mean Huang Guangyu of president of national beautiful electric equipment to already abandoned roc embellish electric equipment temporarily.
Brand of the high end below beautiful division of state of report from our correspondent inn of door of roc embellish electric equipment changes body country is beautiful,
Personage of the know the inside story inside course of study disclosed yesterday, before this by the country of incorporate into one’s own forces of beautiful electric equipment ” brotherly company ” inn of pasture of horse of roc embellish electric equipment, already changed thoroughly as inn of door of national beautiful electric equipment. Its door inn marks and inn name already did the door to alter accordingly. Subsequently, the reporter is in spot of inn of pasture of horse of roc embellish electric equipment, confirmed afore-mentioned views.
Blueness of He Yang of spokesman of vice-president of national beautiful electric equipment, news confirms subsequently, inn of pasture of horse of roc embellish electric equipment really incognito already inn of door of electric equipment of the beauty that it is a country. From last year up to now, inn of roc embellish electric equipment is actual all the time below national beautiful government,
Roc embellish electric equipment is president of national beautiful electric equipment the high-end home appliance that Huang Guangyu rolls out interlinks a brand. With the country beautiful electric equipment differs, yodobashi of its confluence Japan, United States 100 think of buy pattern of shopkeeper of substandard endowment home appliance, first inn was in in December 2005 Shenyang practice, in September 2006 start business of store of pasture of horse of Beijing of roc embellish electric equipment. At the beginning of holding water, roc embellish electric equipment ever planned 3 years inside open a 30-40 door store. But start business of store of Beijing roc embellish after 3 months namely because of outstanding achievement not beautiful and the national beautiful electric equipment of the city that be the same as is mandatory, collective manage, name also inn of electric equipment of roc embellish of instead country beauty. This complete more renown, mean Huang Guangyu of president of national beautiful electric equipment to already abandoned roc embellish electric equipment temporarily. (Bai Weilin of reporter Duan Zhimin’s trainee)
With Huang Ruidian 3G the service upgrades to 7.2Mbps
December 18, 2007
And yellow 3 this the Na Weiya of can upgrades the network of its HSPA, mix link of be issued to lower levels go up link rate rises to be mixed to 7.2Mbps respectively 1.4Mbps. From this, sweden each are big the city all can be received ” Turbocharged ” (increase model) network.
This the network upgrades make the client of 3 can receive mobile broadband service with rapidder rate, include online surf, video, TV, music and faster ground to upload data among them. Love established a letter to offer upgrade service, the user will distinguish HSPA net very hard fast with the difference between online speed of network of family expenses firm.
Advertisement
Latest Headlines
- And write down Huang Bu to march formally mobile phone market
- AT
- The message says grand the Touch HD that amount to report will become G2 of Gu Ge mobile phone
- Pass Woerma to will begin to sell 3G edition IPhone on November 15
- Microsoft admits Vista user account controls a function to have a problem
- Network game develops business to become visitor of the 6th aerospace
- HP chip of Nvidia of trouble of 38 table engine exposing to the sun is chief culprit
- Hollywood sues RealNetworks execute one as a warning to others
- Two men download bawdy information to be trafficced through the mobile phone seek profit to be detained
- The safety that browse is become suffer from 360 push ” privacy is browsed ” mode
