[Today's Guide]
>Support from executive meeting of State Council helps big data and e-commerce to see accelerated development
>Alibaba and Norinco Group promote application of Beidou, multiple listed companies announces shareholding by CSF
>Shengyi Technology and Fengle Seed bought through secondary market acquisition to 5 pct limit, Dian Diagnostics to acquire Unite Zhixin Medical Tech
>Roshow Technology to expand principal business through private placement, Five institutional seats buy Dare Technology
[XFA Focus]
○Support from executive meeting of State Council helps big data and e-commerce to see accelerated development
------
The Action Outline on Promoting Development of Big Data was nodded on the executive meeting of the State Council hosted by Chinese Premier Li Keqiang on Aug.19, requiring promoting the interconnection and sharing of governmental information system and public data, developing demonstrative application of big data in urban construction, social assistance, quality safety, community service and etc. as well as deepening innovative application of big data in various industries. The meeting also proposes to promote new circulation modes including e-commerce, materialize "Internet plus circulation" action plan as well as promote integrated development of off-line stores and online market.
Comment: The big data industry has attracted the attentions of national leaders for multiple times since the beginning of this year and supportive policies are launched intensively by provinces and cities. The administrative department has realized the value and strategic significance of big data and starts to increase input from various aspects. National-level strategy and action plan concerning big data are under formulation. Among A-share companies, Business-intelligence of Oriental Nations Corporation Ltd. (300166.SZ) plans to add stakes in big data analysis service and the construction of distributed data treatment platform project; Shenzhen Infogem Technologies Co., Ltd. (300085.SZ) actively makes planning in credit investigation and Internet-based insurance and it obviously enjoys advantage in big data area. As for e-commerce, JD.com, Inc. (NASDAQ: JD) and Alibaba Group Holding Limited (NYSE: BABA) invest in Yonghui Superstores Co., Ltd. (601933.SH) and Suning Commerce Group Co., Ltd. (002024.SZ), respectively. The close cooperation developed between online and offline leading enterprises will quicken China's progress in Internet-enabled retailing.
[XFA Selection]
○The People's Bank of China, the central bank, releases liquidity of 110 billion yuan through Medium-term Lending Facility (MLF) on Aug. 19. Institutions believe that further cut on Reserve Requirement Ratio (RRR) is still possible in the future.
○Metallurgical Corporation of China Ltd. (601618.SH; 01618.HK) suspends trading with planning on significant issues; several institutions pay close attention to the prosperity of central enterprises reform in non-ferrous metals industry.
○Seven provinces and cities in the North China will implement unified temporary measures on emission reduction around the anniversary of the victory of China's Anti-Japanese War so as to guarantee an emission reduction over 30 percent.
○The Temporary Method on the Management of Individual Health Insurance Business with Preferential Taxes might be implemented on Aug. 20, contributing to the rapid development of health insurance.
○The securities margin saw a net outflow of 83.1 billion yuan last week, indicating a net outflow for the fourth consecutive week.
[Industry Information]
○Alibaba and Norinco Group promote application of Beidou, industries to embrace huge growth potential
------
China North Industries Group Corporation (Norinco Group) disclosed on its website that the Qianxun Location Network Co., Ltd., jointly incorporated by Norinco Group and China's e-commerce giant Alibaba Group (NYSE:BABA), was officially established on Aug. 18, marking an important leap forward in the application of China's Beidou satellite navigation system. Orientated in "Internet plus location (Beidou)", the company will meet the nation, industry and public's needs for precise location-based services by building a location-based service cloud platform through the integration and construction of the Beidou satellite network as well as being based on cloud computing and data technology
Comment: Pushed by Alibaba and Norinco Group, the industry will see rapid development. Institutions predict that the market space related to the Beidou industry will exceed 200 billion yuan. Among listed companies, Chengdu CORPRO Technology Co., Ltd. (300101.SZ) owns a complete industry chain, ranging from Beidou components to terminal and systems. The company forecasts a 251 to 280 percent growth in its net profit in the first half of this year; Hwa Create Co., Ltd. (300045.SZ) enjoys competitive advantages in the military and civil products of Beidou. Its revenue in satellite navigation in the first half year surged 77 percent year on year.
○Anti-dumping measures to imposed on optical fiber performs, China's integrated enterprises to favored
------
Chinese Ministry of Commerce announces that it will impose anti-dumping measures on optical fiber preforms originating in Japan and the U.S. from Aug. 19 with a two-year expiry. According to the announcement, the anti-dumping tariff that China levies on relevant Japanese companies ranges from 8.0 to 9.1 percent and that on relevant U.S. Companies is between 17.4 to 41.7 percent.
Comment: Optical fiber preforms is an important basic material for making optical fiber and optical cable. This anti-dumping is mainly good news to the enterprises that have integrated production of optical wand, optical cable and optical fiber. Among the listed companies, Jiangsu Zhongtian Technology Co., Ltd. (600522.SH) is one of the professional enterprises that have the most complete categories of fiber cable in China, with its special optical cable taking up as high as 30-40 percent of Chinese market. Hengtong Optic-Electric Co., Ltd. (600487.SH) has formed an optical wand-optical fiber-optical cable industrial chain that is 20 million fiber core km.
[Announcement Interpretation]
○Over 20 listed companies bought by CSF and Central Huijin Investment, companies engaged in medical service and finance favored
------
Different from previous condition, more than 20 companies actively disclose the shareholding being held by China Securities Finance Corporation Limited (CSF) and Central Huijin Investment Ltd. on Aug. 19. Among them, 2.31 percent of the shares of Hangzhou Tigermed Consulting Co., Ltd. (300347.SZ) were held by Central Huijin Investment on Aug. 14, and another 6.9 percent of the shares were held by ten CSF asset management plans, so the total proportion is 9.21 percent. 18.42 percent of the shares of Shanghai Kingstar Winning Software Co., Ltd. (300253.SZ) were held by the above-mentioned 11 accounts. In addition, the 11 accounts hold 3.31 percent of the shares of Shanghai Taisheng Wind Power Equipment Co., Ltd. (300129.SZ), 5.69 percent of the shares of Shanxi C ＆ Y Pharmaceuticals Group Co., Ltd. (300254.SZ), 5.45 percent of the shares of Eastern Communications Co., Ltd. (600776.SH) (including those directly held by CSF), 5.7 percent of the shares of Yunnan Chihong Zinc ＆ Germanium Co., Ltd. (600494.SH), 4.79 percent of the shares of Zhongjin Gold Corp. Ltd. (600489.SH) (including those directly held by CSF), 5.2 percent of the shares of Zhejiang China Commodities City Group Co., Ltd. (600415.SH) (including those directly held by CSF), 7.33 percent of the shares of East Money Information Co., Ltd. (300059.SZ) and 5.65 percent of the shares of Goldleaf Jewelry Co., Ltd. (000587.SZ). Apart from these, the shares of companies such as Hangzhou Everfine Photo-E-Info Co., Ltd. (300306.SZ), Xinjiang Tianshan Animal Husbandry Bio-engineering Co., Ltd. (300313.SZ), Xiamen Kingdomway Group Company (002626.SZ), Anhui Shenjian New Materials Co., Ltd. (002361.SZ) and Qingdao Haier Co., Ltd. (600690.SH), etc. have all been held by the two financial giants.
Meanwhile, various financial companies disclosed the shares transfer from the CSF to Central Huijin Investment, of which 1.8 billion shares of the Bank of China Limited (03988.HK; 601988.SH), 1,255 million shares of the Agricultural Bank Of China Limited (01288.HK; 601288.SH), 1,014 million shares of the Industrial and Commercial Bank of China Limited (01398.HK; 601398.SH), 630 million shares of China Everbright Bank Co., Ltd. (06818.HK; 601818.SH), 497 million shares of China Construction Bank Corporation (00939.HK; 601939.SH), 146 million shares of Shenwan Hongyuan Group Co., Ltd. (00218.HK; 000166.SZ) and 28.25 million shares of New China Life Insurance Company Ltd. (01336.HK; 601336.SH) were transferred.
Comment: The China Securities Regulatory Commission (CSRC) explicitly indicated that the CSF will not exit from the market in the following years and certain of its shareholding will be transferred to Central Huijin Investment for long-term holding. Various listed companies disclosed the shareholding of the CSF and Central Huijin Investment recently. The move is to stabilize the market sentiment through the publicity of information. Based on the announcements disclosed, the CSF bought more individual stocks on the ChiNext Board and medical companies account for a high proportion. For the companies listed on the Main Board, it pay more attention to non-ferrous metal and gold sectors.
○ Guangxin Holdings Group increases shareholding in Shengyi Technology
------
Shengyi Technology Co., Ltd. (600183.SH) was bought by Guangdong Guangxin Holdings Group Ltd. 100 percent controlled by the People's Government of Guangdong Province through secondary market acquisition to the 5 percent limit. The group bought about 71.16 million shares of the company from July 16 to Aug. 18, accounting for 5 percent, at an average price of 8.26 yuan per share. The total amount reached 588 million yuan. The latest stock price of the company is 9.42 yuan. Previously, Guangxin Holdings Group was the third biggest shareholder of the company with a shareholding of 7.87 percent through a foreign trade company in Guangdong Province. It totally holds 12.87 percent shares of the company in total after the increase in the shareholding and it may continue to increase the shareholding in the company.
○ CSC Huitong increases shareholding in Fengle Seed
------
Hefei Fengle Seed Co., Ltd. (000713.SZ) announced that the CSC Huitong (Shenzhen) Equities Investment Fund Co., Ltd. increased the shareholding in the company by 14.98 million shares from July 14 to Aug. 19, accounting for 5.01 percent of the total share capital.
○ Dian Diagnostics to acquire Unite Zhixin Medical Tech. with RMB264 mln to expand channel resource
------
Zhejiang Dian Diagnostics Co., Ltd. (300244.SZ) proposed to acquire the 55 percent equities of Beijing Unite Zhixin Medical Technology Co., Ltd. with a total of 264 million yuan. Unite Zhixin Medical Technology is a professional provider for the comprehensive services with the advanced diagnostic techniques in China, and its product line basically covers Beijing, Hebei Province, Shanxi Province, Shaanxi Province and Inner Mongolia Autonomous Region. It committed a performance of 41.60 million yuan, 54.08 million yuan and 70.30 million yuan from 2015 to 2017. The acquisition P/E ratio is 11.5 times.
○ Roshow Technology to raise RMB1.32 bln at premium through private placement to expand principal business
------
Roshow Technology Co., Ltd. (002617.SZ) plans to raise 1.32 billion yuan for five projects, including energy saving motor construction project and oil-field intelligent direct drive motor project of Zhejiang Lutong Mechanical and Electrical Company through private placement by issuing 39,324,800 shares at no less than 33.53 yuan per share. Its controlling shareholder Roshow Group Corporation promises to purchase no less than 10 percent of the total shares. The latest stock price of the company is 32.58 yuan.
○ SkyOcean Group expected to control Tuopai Shede Wine
------
Tuopai Group, the substantial shareholder of Sichuan Tuopai Shede Wine Co., Ltd. (600702.SH), has made progress in the mixed ownership system reform. SkyOcean Group Holdings Co., Ltd. obtained 38.78 percent of equity transfer and increase in capital and share of Tuopai Group with a total amount of 3,822 million yuan, representing a premium of 88.08 percent compared with the initial price. After finishing increase in capital and share, SkyOcean will hold 70 percent of total capital share of Tuopai Group in the future.
Comment: SkyOcean Group is specialized in cultural industry, technology, internet-based finance and real estate industry and has a HK-listed company, namely SkyOcean International Holdings Limited (00593.HK). It owns theme parks, movie and TV carton, stage show and games. In addition, it initiated the establishment of Guotng Investment, Fuhui Investment Fund, FDS China Capital and other equity investment institutions. It also possesses industrial properties of commercial logistics, creative industrial parks and cultural towns in the "greater Beijing area".
○ Meiling and Souyute bought by shareholders
------
Some director, supervisor and senior management of Hefei Meiling Co., Ltd. (000521.SZ) increased the shareholding by 1,136,000 shares in the company from Aug. 18 to 19. Some director, supervisor and senior management of Dongguan Souyute Fashion Co., Ltd. (002503.SZ) increased the shareholding by 5.07 million shares in the company on Aug. 19. The controlling shareholder of HengBao Co., Ltd. (002104.SZ), increased the shareholding by 1,118,000 shares in the company at an average price of 19.13 yuan per share.
[Data Speaks]
○ Various companies disclose CSF's shareholding through interactive platforms
------
According to the incomplete statistics of XFA, various listed companies disclosed the shareholding of the CSF and the Central Huijin Investment Ltd. in them through their interactive platforms on Aug. 19. Chengdu B-ray Media Co., Ltd. (600880.SH) indicated that the CSF holds 3.85 percent of its total share capital by July 31, 2015 as the third biggest shareholder as well as the biggest shareholder with tradable shares. Gree Real Estate Co., Ltd. (600185.SH) indicated that the CSF directly holds the shares of the company as one of the top ten shareholders of the company as at July 31. In addition, the shares of Inner Mongolia Furui Medical Science Co., Ltd. (300049.SZ) and Inner Mongolia Pingzhuang Energy Resources Co., Ltd. (000780.SZ) are also directly or indirectly held by the CSF and Central Huijin Investment.
[Trading Trends]
○ Five institutional seats buy Dare Technology
------
The trading volume ranking list on Aug. 19 shows that Dare Technology Co., Ltd. (000910.SZ) was bought through five institutional seats with a total of 90.75 million yuan, accounting for 24.3 percent of its intraday turnover. Meanwhile, one institutional seat sold it with 8.37 million yuan.
Comment: Dare Technology is principally engaged in the floor and artificial board business, and the Power Dekor floor brand subordinated the Dare Technology has a quite high-level market share. Institutions believe that the internal mechanism of the company is likely to be in order after the new chairman is in the position to motive the company. The fixed asset depreciation of the company will expire in two to three years, and the annual depreciation amount is nearly twice of the current profit, with a quite certainty in performance improvement.
>Support from executive meeting of State Council helps big data and e-commerce to see accelerated development
>Alibaba and Norinco Group promote application of Beidou, multiple listed companies announces shareholding by CSF
>Shengyi Technology and Fengle Seed bought through secondary market acquisition to 5 pct limit, Dian Diagnostics to acquire Unite Zhixin Medical Tech
>Roshow Technology to expand principal business through private placement, Five institutional seats buy Dare Technology
[XFA Focus]
○Support from executive meeting of State Council helps big data and e-commerce to see accelerated development
------
The Action Outline on Promoting Development of Big Data was nodded on the executive meeting of the State Council hosted by Chinese Premier Li Keqiang on Aug.19, requiring promoting the interconnection and sharing of governmental information system and public data, developing demonstrative application of big data in urban construction, social assistance, quality safety, community service and etc. as well as deepening innovative application of big data in various industries. The meeting also proposes to promote new circulation modes including e-commerce, materialize "Internet plus circulation" action plan as well as promote integrated development of off-line stores and online market.
Comment: The big data industry has attracted the attentions of national leaders for multiple times since the beginning of this year and supportive policies are launched intensively by provinces and cities. The administrative department has realized the value and strategic significance of big data and starts to increase input from various aspects. National-level strategy and action plan concerning big data are under formulation. Among A-share companies, Business-intelligence of Oriental Nations Corporation Ltd. (300166.SZ) plans to add stakes in big data analysis service and the construction of distributed data treatment platform project; Shenzhen Infogem Technologies Co., Ltd. (300085.SZ) actively makes planning in credit investigation and Internet-based insurance and it obviously enjoys advantage in big data area. As for e-commerce, JD.com, Inc. (NASDAQ: JD) and Alibaba Group Holding Limited (NYSE: BABA) invest in Yonghui Superstores Co., Ltd. (601933.SH) and Suning Commerce Group Co., Ltd. (002024.SZ), respectively. The close cooperation developed between online and offline leading enterprises will quicken China's progress in Internet-enabled retailing.
[XFA Selection]
○The People's Bank of China, the central bank, releases liquidity of 110 billion yuan through Medium-term Lending Facility (MLF) on Aug. 19. Institutions believe that further cut on Reserve Requirement Ratio (RRR) is still possible in the future.
○Metallurgical Corporation of China Ltd. (601618.SH; 01618.HK) suspends trading with planning on significant issues; several institutions pay close attention to the prosperity of central enterprises reform in non-ferrous metals industry.
○Seven provinces and cities in the North China will implement unified temporary measures on emission reduction around the anniversary of the victory of China's Anti-Japanese War so as to guarantee an emission reduction over 30 percent.
○The Temporary Method on the Management of Individual Health Insurance Business with Preferential Taxes might be implemented on Aug. 20, contributing to the rapid development of health insurance.
○The securities margin saw a net outflow of 83.1 billion yuan last week, indicating a net outflow for the fourth consecutive week.
[Industry Information]
○Alibaba and Norinco Group promote application of Beidou, industries to embrace huge growth potential
------
China North Industries Group Corporation (Norinco Group) disclosed on its website that the Qianxun Location Network Co., Ltd., jointly incorporated by Norinco Group and China's e-commerce giant Alibaba Group (NYSE:BABA), was officially established on Aug. 18, marking an important leap forward in the application of China's Beidou satellite navigation system. Orientated in "Internet plus location (Beidou)", the company will meet the nation, industry and public's needs for precise location-based services by building a location-based service cloud platform through the integration and construction of the Beidou satellite network as well as being based on cloud computing and data technology
Comment: Pushed by Alibaba and Norinco Group, the industry will see rapid development. Institutions predict that the market space related to the Beidou industry will exceed 200 billion yuan. Among listed companies, Chengdu CORPRO Technology Co., Ltd. (300101.SZ) owns a complete industry chain, ranging from Beidou components to terminal and systems. The company forecasts a 251 to 280 percent growth in its net profit in the first half of this year; Hwa Create Co., Ltd. (300045.SZ) enjoys competitive advantages in the military and civil products of Beidou. Its revenue in satellite navigation in the first half year surged 77 percent year on year.
○Anti-dumping measures to imposed on optical fiber performs, China's integrated enterprises to favored
------
Chinese Ministry of Commerce announces that it will impose anti-dumping measures on optical fiber preforms originating in Japan and the U.S. from Aug. 19 with a two-year expiry. According to the announcement, the anti-dumping tariff that China levies on relevant Japanese companies ranges from 8.0 to 9.1 percent and that on relevant U.S. Companies is between 17.4 to 41.7 percent.
Comment: Optical fiber preforms is an important basic material for making optical fiber and optical cable. This anti-dumping is mainly good news to the enterprises that have integrated production of optical wand, optical cable and optical fiber. Among the listed companies, Jiangsu Zhongtian Technology Co., Ltd. (600522.SH) is one of the professional enterprises that have the most complete categories of fiber cable in China, with its special optical cable taking up as high as 30-40 percent of Chinese market. Hengtong Optic-Electric Co., Ltd. (600487.SH) has formed an optical wand-optical fiber-optical cable industrial chain that is 20 million fiber core km.
[Announcement Interpretation]
○Over 20 listed companies bought by CSF and Central Huijin Investment, companies engaged in medical service and finance favored
------
Different from previous condition, more than 20 companies actively disclose the shareholding being held by China Securities Finance Corporation Limited (CSF) and Central Huijin Investment Ltd. on Aug. 19. Among them, 2.31 percent of the shares of Hangzhou Tigermed Consulting Co., Ltd. (300347.SZ) were held by Central Huijin Investment on Aug. 14, and another 6.9 percent of the shares were held by ten CSF asset management plans, so the total proportion is 9.21 percent. 18.42 percent of the shares of Shanghai Kingstar Winning Software Co., Ltd. (300253.SZ) were held by the above-mentioned 11 accounts. In addition, the 11 accounts hold 3.31 percent of the shares of Shanghai Taisheng Wind Power Equipment Co., Ltd. (300129.SZ), 5.69 percent of the shares of Shanxi C ＆ Y Pharmaceuticals Group Co., Ltd. (300254.SZ), 5.45 percent of the shares of Eastern Communications Co., Ltd. (600776.SH) (including those directly held by CSF), 5.7 percent of the shares of Yunnan Chihong Zinc ＆ Germanium Co., Ltd. (600494.SH), 4.79 percent of the shares of Zhongjin Gold Corp. Ltd. (600489.SH) (including those directly held by CSF), 5.2 percent of the shares of Zhejiang China Commodities City Group Co., Ltd. (600415.SH) (including those directly held by CSF), 7.33 percent of the shares of East Money Information Co., Ltd. (300059.SZ) and 5.65 percent of the shares of Goldleaf Jewelry Co., Ltd. (000587.SZ). Apart from these, the shares of companies such as Hangzhou Everfine Photo-E-Info Co., Ltd. (300306.SZ), Xinjiang Tianshan Animal Husbandry Bio-engineering Co., Ltd. (300313.SZ), Xiamen Kingdomway Group Company (002626.SZ), Anhui Shenjian New Materials Co., Ltd. (002361.SZ) and Qingdao Haier Co., Ltd. (600690.SH), etc. have all been held by the two financial giants.
Meanwhile, various financial companies disclosed the shares transfer from the CSF to Central Huijin Investment, of which 1.8 billion shares of the Bank of China Limited (03988.HK; 601988.SH), 1,255 million shares of the Agricultural Bank Of China Limited (01288.HK; 601288.SH), 1,014 million shares of the Industrial and Commercial Bank of China Limited (01398.HK; 601398.SH), 630 million shares of China Everbright Bank Co., Ltd. (06818.HK; 601818.SH), 497 million shares of China Construction Bank Corporation (00939.HK; 601939.SH), 146 million shares of Shenwan Hongyuan Group Co., Ltd. (00218.HK; 000166.SZ) and 28.25 million shares of New China Life Insurance Company Ltd. (01336.HK; 601336.SH) were transferred.
Comment: The China Securities Regulatory Commission (CSRC) explicitly indicated that the CSF will not exit from the market in the following years and certain of its shareholding will be transferred to Central Huijin Investment for long-term holding. Various listed companies disclosed the shareholding of the CSF and Central Huijin Investment recently. The move is to stabilize the market sentiment through the publicity of information. Based on the announcements disclosed, the CSF bought more individual stocks on the ChiNext Board and medical companies account for a high proportion. For the companies listed on the Main Board, it pay more attention to non-ferrous metal and gold sectors.
○ Guangxin Holdings Group increases shareholding in Shengyi Technology
------
Shengyi Technology Co., Ltd. (600183.SH) was bought by Guangdong Guangxin Holdings Group Ltd. 100 percent controlled by the People's Government of Guangdong Province through secondary market acquisition to the 5 percent limit. The group bought about 71.16 million shares of the company from July 16 to Aug. 18, accounting for 5 percent, at an average price of 8.26 yuan per share. The total amount reached 588 million yuan. The latest stock price of the company is 9.42 yuan. Previously, Guangxin Holdings Group was the third biggest shareholder of the company with a shareholding of 7.87 percent through a foreign trade company in Guangdong Province. It totally holds 12.87 percent shares of the company in total after the increase in the shareholding and it may continue to increase the shareholding in the company.
○ CSC Huitong increases shareholding in Fengle Seed
------
Hefei Fengle Seed Co., Ltd. (000713.SZ) announced that the CSC Huitong (Shenzhen) Equities Investment Fund Co., Ltd. increased the shareholding in the company by 14.98 million shares from July 14 to Aug. 19, accounting for 5.01 percent of the total share capital.
○ Dian Diagnostics to acquire Unite Zhixin Medical Tech. with RMB264 mln to expand channel resource
------
Zhejiang Dian Diagnostics Co., Ltd. (300244.SZ) proposed to acquire the 55 percent equities of Beijing Unite Zhixin Medical Technology Co., Ltd. with a total of 264 million yuan. Unite Zhixin Medical Technology is a professional provider for the comprehensive services with the advanced diagnostic techniques in China, and its product line basically covers Beijing, Hebei Province, Shanxi Province, Shaanxi Province and Inner Mongolia Autonomous Region. It committed a performance of 41.60 million yuan, 54.08 million yuan and 70.30 million yuan from 2015 to 2017. The acquisition P/E ratio is 11.5 times.
○ Roshow Technology to raise RMB1.32 bln at premium through private placement to expand principal business
------
Roshow Technology Co., Ltd. (002617.SZ) plans to raise 1.32 billion yuan for five projects, including energy saving motor construction project and oil-field intelligent direct drive motor project of Zhejiang Lutong Mechanical and Electrical Company through private placement by issuing 39,324,800 shares at no less than 33.53 yuan per share. Its controlling shareholder Roshow Group Corporation promises to purchase no less than 10 percent of the total shares. The latest stock price of the company is 32.58 yuan.
○ SkyOcean Group expected to control Tuopai Shede Wine
------
Tuopai Group, the substantial shareholder of Sichuan Tuopai Shede Wine Co., Ltd. (600702.SH), has made progress in the mixed ownership system reform. SkyOcean Group Holdings Co., Ltd. obtained 38.78 percent of equity transfer and increase in capital and share of Tuopai Group with a total amount of 3,822 million yuan, representing a premium of 88.08 percent compared with the initial price. After finishing increase in capital and share, SkyOcean will hold 70 percent of total capital share of Tuopai Group in the future.
Comment: SkyOcean Group is specialized in cultural industry, technology, internet-based finance and real estate industry and has a HK-listed company, namely SkyOcean International Holdings Limited (00593.HK). It owns theme parks, movie and TV carton, stage show and games. In addition, it initiated the establishment of Guotng Investment, Fuhui Investment Fund, FDS China Capital and other equity investment institutions. It also possesses industrial properties of commercial logistics, creative industrial parks and cultural towns in the "greater Beijing area".
○ Meiling and Souyute bought by shareholders
------
Some director, supervisor and senior management of Hefei Meiling Co., Ltd. (000521.SZ) increased the shareholding by 1,136,000 shares in the company from Aug. 18 to 19. Some director, supervisor and senior management of Dongguan Souyute Fashion Co., Ltd. (002503.SZ) increased the shareholding by 5.07 million shares in the company on Aug. 19. The controlling shareholder of HengBao Co., Ltd. (002104.SZ), increased the shareholding by 1,118,000 shares in the company at an average price of 19.13 yuan per share.
[Data Speaks]
○ Various companies disclose CSF's shareholding through interactive platforms
------
According to the incomplete statistics of XFA, various listed companies disclosed the shareholding of the CSF and the Central Huijin Investment Ltd. in them through their interactive platforms on Aug. 19. Chengdu B-ray Media Co., Ltd. (600880.SH) indicated that the CSF holds 3.85 percent of its total share capital by July 31, 2015 as the third biggest shareholder as well as the biggest shareholder with tradable shares. Gree Real Estate Co., Ltd. (600185.SH) indicated that the CSF directly holds the shares of the company as one of the top ten shareholders of the company as at July 31. In addition, the shares of Inner Mongolia Furui Medical Science Co., Ltd. (300049.SZ) and Inner Mongolia Pingzhuang Energy Resources Co., Ltd. (000780.SZ) are also directly or indirectly held by the CSF and Central Huijin Investment.
[Trading Trends]
○ Five institutional seats buy Dare Technology
------
The trading volume ranking list on Aug. 19 shows that Dare Technology Co., Ltd. (000910.SZ) was bought through five institutional seats with a total of 90.75 million yuan, accounting for 24.3 percent of its intraday turnover. Meanwhile, one institutional seat sold it with 8.37 million yuan.
Comment: Dare Technology is principally engaged in the floor and artificial board business, and the Power Dekor floor brand subordinated the Dare Technology has a quite high-level market share. Institutions believe that the internal mechanism of the company is likely to be in order after the new chairman is in the position to motive the company. The fixed asset depreciation of the company will expire in two to three years, and the annual depreciation amount is nearly twice of the current profit, with a quite certainty in performance improvement.
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