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China Gas Information
The southern food (000716 strands of right, market, information, and buying and selling) on August 16 evening announcement, the company on August 10, and in nanning city gas combustion development co., LTD. (formerly known as for nanning pipeline gas co., LTD. Signed in the asset transfer contract ", the company will be based on April 30, 2007 the supreme people's court of the People's Republic of China [2006] no. 234 people two final word the civil judgment "judgment belong to the company all the nanning pipeline fuel gas supply pipe network assets with 139 million yuan price transferred to nanning company in combustion.
Announcement to say, through this transaction, can revitalize the underlying assets, improve the company's assets quality, and to a certain extent, solve the company's main business financial strain condition, speed up the development of the main business. At the same time can solve company and nanning company in the history of the flame, transaction is completed, the company do not need to be related with the provision of the liquidated damages, receivables provision for bad debts and other related loss, every year can reduce the loss of the company of about 20 million yuan.
In addition, through this transaction can bring to the company of about 5 million yuan net income. The network assets the actual transfer price is 109 million yuan, deduction related expenses, debt and network assets loss of cancel after verification, the creditor's rights verification loss, get about 5.5 million yuan net income. (securities times net)