Neusoft's overall listing, employees hold more than 17% of the shares

Neusoft's overall listing, with employees holding more than 17% of the shares

Neusoft announced yesterday that the overall listing program of Neusoft Group has been conditionally approved by the China Securities Regulatory Commission (CSRC). After the overall listing, the number of employees is expected to reach 14,000 by the end of the year, becoming a giant among listed companies in the software industry. It is understood that this is the second time Neusoft Group put forward the overall listing program, in the future of the new listed company, Chengdu Neusoft Institute of Information and other series of assets will be included in its listing map.

Modification of the employee shareholding program

It is understood that on January 22 this year, Neusoft Corporation announced that it intends to merge its parent company, Neusoft Group, by way of absorption of the exchange of shares, with a number of innovative arrangements proposed in the merger program. The proposal was passed in turn by the shareholders' meeting, the Ministry of Education, the State-owned Assets Supervision and Administration Commission (SASAC), the Ministry of Commerce and other institutions and authorities. However, it failed to pass the approval of the restructuring committee of the China Securities Regulatory Commission (CSRC) in September, mainly due to the non-compliance of the employee union's shareholding program through the trust company Huabao. in early December, Neusoft revised part of the program, the biggest change is the change of the way of employee shareholding - this time through a company called Shenyang Huixu indirectly held. According to the disclosure of information, Shenyang Huixu was established in October 29, 2007, shareholders are 143 natural persons, its largest shareholder is the chairman of Neusoft Group, Liu Jiren, 4.7291%, a number of Neusoft Group executives hold shares in which. At the same time, the revised program also increased the merger after the listing of the performance of the next three years after the commitment and other arrangements, to further safeguard the interests of investors. 25 December, the company's revised program was finally approved by the restructuring committee of the Securities and Futures Commission conditional review.

According to the announcement, Neusoft Corporation will absorb the shares of Neusoft Group at a price of $7 per share. After the share swap and merger, Neusoft Group is written off. The largest shareholder of Neusoft Corporation is Northeastern University Science and Technology Industry Group, holding about 17.6248% of the shares, and Shenyang Huixu is the second largest shareholder, representing the Employee Stock Ownership Association to hold 17.1724% of the shares of Neusoft Corporation.

Chengdu Neusoft Institute into

2006 Neusoft Corporation revenue of nearly 2.7 billion yuan. The assets injected into the overall listing of Neusoft Group are mainly the software outsourcing business outside the joint stock company, 33% ` equity of Neusoft Medical Systems Ltd. and equity investment in education assets. This will bring greater revenue profits.

It is reported that Neusoft Group has four schools under its umbrella, namely Neusoft Institute of Information of Northeastern University, Neusoft Institute of Information of Dalian, Neusoft Institute of Information of Nanhai, and Neusoft Institute of Information Technology of Chengdu. Last year, Neusoft's Chengdu Software Park, with a total investment of nearly 400 million yuan, was put into operation in Dujiangyan, Chengdu, with a focus on supporting education and software outsourcing. Liu Jiren has declared that he wants to build a "wisdom town" under Mount Qingcheng, and the inclusion of education assets in the overall listing will be an important support for this idea.

Liu Jiren also said that the reason Neusoft Group included education assets in the listed business is for the coordination between the company's various businesses, especially for software outsourcing to provide a talent pool. In Neusoft's entire future layout, software outsourcing is the most important business support for Neusoft, and talent is the most important guarantee for software outsourcing business.

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