Development of power battery
From the end of 2009 so far is, GAIN Holdings of myth. The purchase announcement yesterday, the total cost of 2.75 billion Hong Kong dollars, the target company, all the rights and interests of the Union Grace Holdings Limited. In addition, GAIN Capital Holdings Chairman Li Ka-Shing in length and the Department DellXPS M2010 battery ,Dell Studio 1536 battery of discount of 18.9% of the shares in the placement of 400 million shares. At this point, GAIN Capital Holdings Union Grace Holdings Limited and its subsidiaries Lei Day of Poly (Hong Kong) in his pocket and into the field of electrical vehicles and lithium batteries.
News sparked a share price rise too far, 26 Ka Shing Holdings in January rose 62.22 percent to close, it touched intraday high of 1.57 Hong Kong dollars. In fact, the GAIN Capital Holdings stock price boom, the long-held myth. The company late last year announced the acquisition of Poly Lei days in hot new energy companies that are its stock prices way up, from December 1, 2009 rose to 0.130 Hong Kong dollars on the way January 26, 2010 is less than 1.460 Hong Kong Dollar is harvested in February will be 10 times between the rise.
Qiao Shi Operating Capital
Memorable is the company for the acquisition of this operation in the capital embodied in skills, the company did not pay in cash, but never Li Ka-Shing, the placement of shares, the harvest nearly 2 billion Hong Kong dollars in cash.
Company completed the acquisition of the total cost of 27.5 billion HK dollars. Among them, 100 million cash to Hong Kong Dollar in, pay 156.7 million Hong Kong dollar by 0.2 yuan per share of approximately 783.5 million shares at the price of the stock; 2.493 billion Hong Kong Dollar 8 Release-year zero - coupon convertible bonds to pay the exercise price of convertible bonds, at 0.2 Hong Kong dollar is fully convertible to 12.466 billion shares. The issue price and the cost of shares exercise price of convertible bonds before the suspension than the closing price discount of approximately 77.78% if the buyer would be the full exercise of convertible bonds to shareholders increased by 83.6% to. Done, will one day be the head of Poly Lei and Miao-Zhen Guo Zhong Xin Jia GAIN as the post of executive directors appointed.
The Li Ka Shing Ka Shing Holdings, look at the allocation program. Dividend per share of 0.73 Hong Kong dollars, which suspended a discount of 18.9% before. Raise 292 million Hong Kong dollars, net 290.5 million Hong Kong dollars. The company said that by paying 1 billion acquisition of the battery products business for the part of the consideration that the equilibrium will be used to pay for the construction of Poly Lei day Production of batteries, equipment, construction costs and provide additional liquidity of the company .
To operate the GAIN cash portion of the purchase price for the basic remuneration of the Li Ka-Shing, was the company's shares and convertible bonds as a cost, and placement of shares from the Li Ka-Shing 190.5 million Hong Kong dollars in cash.
Market participants said that as the purchase price will shares and convertible bonds, such a combination of cash will not cause the company changes the control. This would be no back door in the White Poly Lei my days, while the existence of convertible bonds, but also for future listing of Poly Lei prescribed days. Coupled with the star effect desired by Li Ka-Shing, will naturally lead to the market.
Optimistic about the market prospects
Enter Li Ka Shing Ka Shing Holdings shares on the electric car market movements, Buffett can not help people, with the potential of lithium battery company's history. This is obviously great investments in this area of the capital not only the two big brothers. Zhong Xin Jia Lei day, a unit of energy invested in the second half of last year 30 billion yuan investment in electric car project, a record of domestic investment in this area the most.
Xiangcai Securities researchers Shun Feng told reporters that the electric vehicles and the lithium battery market, the future of a great room for imagination that is thrown, capital heavyweights involved in the main. Currently, an electric car needs the equivalent of a cell phone lithium battery volume for 1 million times. If the electric car ,Dell studio 1537 battery ,Dell Studio 1555 battery,Dell Studio 15 batterwill be encouraged to release a large number of demand. Feng Shun I cried example: "car to the annual turnover of 10 million to be calculated if one of the one-thousandth of electric vehicles per year, 1 million units, the demand for lithium batteries is the amount of 100 million units, the amount of mobile phones .
The recent market rumors once, in February of this year, the state is the introduction of a private purchase of a pure electric vehicle scheme. The State Grid and China Southern Power Grid layout of the modern electric vehicle charging stations active market is not difficult to show the beauty of the electric vehicle industry blueprint. Feng Shun said: "Five years ago, the lithium battery business was driven approximately 25% of compound growth, especially on cell phones and notebook PC market. Then, when the electric vehicle market, have a breakthrough, it is not difficult is to maintain such a growth rate. "