According to the information of Beijing property exchange, Futian Automobile plans to transfer its holding of Beijing Futian industrial investment holding group co., LTD., of 74.33 million Yuan, the shareholding ratio is 13.78% and the transfer floor price is 173 million Yuan. Listing Information disclosure date is March 14, 2017.

The Declining Performance of Target Enterprise

Beijing Futian industrial investment holding group co., LTD., was founded in August 26, 1999, the registered capital is 539 million Yuan, for state-owned holding shares. The Business scope includes investment management, asset management, project management, enterprise management consulting, car sales (excluding nine seats below ), internal combustion engines, machinery, electrical equipment, tractors, cars, machinery, electrical equipment, the internal combustion engine, tractor, etc.

The financial data show that the performance of Beijing Futian industrial investment holding group co., LTD., has declined in recent years and its debt increases sharply.

The Base Price is 173 Million Yuan

Share information shows that Futian Automobile is the third shareholders of Beijing Futian Industry Investment Holdings Group. The stock rights to be transferred by Futian Automobile are the full ownership of the target enterprise.

Notice requests the floor price of this transfer is 173 million Yuan, the price paid for a one-time payment. The potential buyer shall pay trading margin of 51.77 million Yuan to the North exchange designated deposit within 3 working days after the confirmation of the qualification of the transferee. (the arrive time shall prevail). In the case that the original shareholders do not give up the priority right, if collects only one eligible intended assignee, then bidding activities is no longer to be organized, the intended transferee quotes alone and the original shareholders decide whether to exercise the preferential buy right according to the quoted price.