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Fexon Technology Ltd reports: First Venture Securities, Ren Wenjie said that the major shareholder of Gree Group Notice the coming year, the reduction was not surprising, after Gree Group has repeatedly reduction of the shares. Gree Group is engaged in a variety of industries, such as real estate development and other capital needs, the plan is likely to continue to sell part of the shares of the reasons.

In his view, Gree Electric itself will continue to focus on air-conditioning industry, the sale of shares, the largest shareholder of the stake reduction, its influence will be reduced, public shareholders will receive a greater right to speak on the future development may not be not a good thing .

Gree Electric in 2008 according to a quarterly, funds, insurance, brokerage, QFII, and other institutional investors holding a total of Gree Electric 250 million shares, or about the total number of shares 30 percent, the proportion of shares held by institutional investors has been evident over Major shareholders of the stake, major shareholders in the future reduction of 4.82 percent stake in the future, on behalf of the interests of public investors the right to speak of institutional investors will increase further. "From the perspective of corporate governance, a number of institutional investors holding the shares decentralized structure compared to a single shareholder is the holding of more healthy and can ensure the company from the interests of all shareholders to make a decision."

Gree Group Chairman Zhu Jianghong in an exclusive interview with this reporter when he said, "Gree Group has established the industry, real estate and port logistics three major business segments, the reduction of Gree Electric shares, is to intensify the other two Segment of the investment. " (Fexon Technology Ltd)

As to whether the reduction would weaken the Gree Electric Group on the issue of control, Zhu Jianghong not worried, "Gree Group is now relatively holding, the ownership structure of listed companies more reasonable, in a more rational decision-making. To improve the company Management structure was very helpful, there will be no major shareholders in order to make their own interests and violation of the laws of the market and harm the interests of small shareholders, the company has a future development of a more active role. "

Fexon Technology Ltd reports: 2005, the HKUST’s profits began to fly.

Fexon Technology Ltd reports: "A lot of homes is now well-known VC, had been looking for the HKUST’s fly." They are interested in investing in, but eventually unable to do so. The relevant agencies said that around the HKUST in 2006 - has decided to fly in the domestic market, while those in foreign currencies to the VC investment institutions, domestic and withdraw from the apparently not included in the agenda of U.S. dollars into RMB addition to further investment There are many trouble.

2006, the share-trading reform curtain has been opened. Legend Capital and to associate with the investment holding of the Hong-yi, Lin was in June foreign investment in new energy (NASDAQ: SOLF). At the same time, small and medium-sized Shenzhen board is also introduced. "From 2006 onwards, the HKUST’s flying in active preparations for the A-share listing." Chen said.

This decision, in the HKUST’s internal flight caused great controversy, many members of the management challenge "Why do not the Nasdaq," »if to satisfy the city, time to market can advance, because of Nuance as an example, investors in the HKUST’s business model-can also understand. Moreover, the market was so good, may be able to into more money. (Fexon Technology Ltd)

"We believe that the HKUST’s currently flying in the country’s major markets, A-share listed is the best option." Legend Capital Managing Director Wang explained to light.

And "the pursuit of high-risk, the explosive growth of the city is not appropriate now satisfied that the HKUST’s fly." Wang who engage in financial analysis to light, the HKUST’s relatively easy to fly in the future to maintain relatively high growth is relatively stable, "but It is very difficult and the growth of the Internet compared to several times that. "After all, the HKUST’s profit-sales model is the software and integration services, and the Internet model is different.

But how to maintain long-term stable growth of the HKUST is the future - to fly to the problems faced.

Haitong Securities, the HKUST to fly the last three years - the sum of sales revenue less than 5 million, of which the core voice technology-related product sales revenue of less than 2 billion yuan, sales income growth rate from 2006 to 110 per cent to 2007’s 20 percent. "In such a still at the initial stage of the industry, how will technology into the company’s future income is affected the growth and development of one of the key issues."(Fexon Technology Ltd)

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