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reportedly

              after each network June 17th Beijing electric (after each reporter Liu Xu)     &nbsp,michael kors;         since March 22nd, Canton steam group announced to absorb convertible by means of recombinant wide steam Changfeng,louboutin, there has been no progress.
This situation continued until June 11th.    &nbsp,abercrombie;     &nbsp,franklin marshall;   June 11th that day, wide steam Changfeng announced that the company was informed that, Changfeng Refco Group Ltd has been decided in the convertible absorption combined with the company more than 1144 shares to exercise the first time cash option,air jordan pas cher, not to participate in the exchange.
      &nbsp,abercrombie france;       Xinda securities industry analysts Xing Haizhi told the "daily economic news", simple to understand, Changfeng Group Selection for money do not stock, complete withdrawal and GAC, the joint venture vehicle mitsubishi.
  &nbsp,louis vuitton;           in accordance with Guangzhou Automobile Group previously published listed on the program as a whole, the cash option to declare the first wide steam Changfeng shareholders to 12.
65 yuan / share transfer its holdings of wide steam Changfeng stock, and for not fully exercise the cash option wide steam Changfeng shareholders (except Guangzhou automobile group outside), Guangzhou Automobile Group will be in accordance with the 1,.
6:1 exchange ratio to issue A shares.&nbsp,jordan; &nbsp,; &nbsp,franklin marshall;         as the GAC to exercise the cash option of the first shareholder will provide 12.65 yuan / share transfer price,, Changfeng Group this cash will receive 1448000000 yuan of share transfer.
        &nbsp,abercrombie france; &nbsp,abercrombie;   Xing Haizhi told the "daily economic news", this one price for Changfeng Group is very happy.Cash later, Changfeng Group will get a considerable amount of its own funds useful enterprise development,air jordan.
              reportedly, Changfeng Group cash income funds will be used to develop new energy car project.&nbsp,michael kors outlet; &nbsp,; &nbsp,louboutin pas cher; &nbsp,louis vuitton outlet;     &nbsp,; in addition, Changfeng Group senior official told the "daily economic news" reporter, Changfeng Group will be in field of the parts and the joint venture cooperation - mitsubishi.
              the analysis points out, Changfeng Group exit - Mitsubishi joint venture with Hunan province overall planning, Changfeng Group will focus on the development of auto parts industry, with Guangzhou Automobile Group in Hunan car factory support, the group is to introduce international auto parts enterprises to cooperation.
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