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Jun Tang-style shot really extraordinary investment

November 27, 2010

Jun Tang shot really extraordinary, worthy of attention!

Following the January 25 after the acquisition of four IT companies, Xinhua Industrial Group Co., Ltd. are shot again. Yesterday, Xinhua said in Shanghai, Shanghai shares Pentium Electric Co., Ltd. (hereinafter referred to as Pentium electrician), the Xinhua all existing retail, mining, real estate, tourism, IT, beer, medicine and other areas, once again join the appliance manufacturing industry, expansion of its diverse territory.

The shares Pentium electrician, have invested 32 million U.S. dollars, Xinhua, accounting for 19.9% of the shares Pentium electrician, as its second largest shareholder, Tang Jun, president of Xinhua all Pentium as the Board of Directors.

Public information, Pentium Pentium enterprise of Shanghai Electric Group Co., Ltd's core business, its products include electric shavers, household ironing, personal hygiene and other personal care appliances, and other lifestyle Pentium Group Pentium electrical appliances do not fall.

Tang Jun said that the shares of Xinhua all Pentium electrician is extended to private enterprises for investment and the beginning of a future choice of Xinhua are more private enterprises to invest and expand its plate, but before the Tang Jun-led shares of Tsingtao beer, Yunnanbaiyao are state-owned enterprises.

Tang Jun said that his investment criteria are very clear, first of all he will select the people's livelihood-related industries, followed by the investment company must be in the top three companies in the industry, are certainly not holding the last Xinhua, only do two or three shareholders shareholders.

Tang Jun said in the past 6 months, Xinhua Yunnanbaiyao in Tsingtao Brewery and return the two companies have shares of 70% to 90%.

Pentium Liu Jianguo, chairman, said he does not exclude the re-introduction of investment partners, he said that if the electrical and Xinhua all Pentium agreed, will likely continue to introduce strategic investors.

Liu Jianguo said the electrician had Pentium listing, which will promote the introduction of speed to market, Xinhua all. Tang Jun said that he plans to table a Pentium electrician is 3 years later.

Filed under: Armored Iron Horse (Financial set)

Tags: electricians, Jun Tang, Pentium, Qingdao Beer, the Financial, Yunnanbaiyao