51 baked batch of reforms Shanghai share reform companies accounted for 94.5% of market value.

<P> 9 月 24 evening, in consultation SSE 51 companies approved reform: Dongfeng Motor, Mailyard, gold Cereals Industry, Tin Branch shares, in the constant group, power shares, * ST Songliao and .three fine Pharmaceuticals, a total of 8. .</ P> <P> Up to now, Shanghai to complete share reform or enter the share reform program of the company a total of 721, the total should share reform total number of companies 88.4%, yet share reform should share reform companies 95; to complete share reform or enter the share reform program .The total market value of the total should share reform the total market value of 94.5%; the SSE 50 Index constituent companies to complete share reform or go to the share reform program of the company a total of 45, accounting should be the share reform on the SSE 50 Index constituent companies of 95.7%; on 180 Index constituents .Share Share Company completed the share reform program to change or enter a total of 169 companies, accounting for share reform should be on 180 Index constituent companies of 95.5%. .</ P> <P> Shanghai approved the share reform of the company's total market value of about 27.172 billion yuan, of which the market value of shares of a larger power is about 9.375 billion yuan. .This time, the share reform Electric shares issued another notice should also marks the second of its share reform washed off the start. .April 20 this year, the company sponsors the only non-tradable shares of Shanghai Electric Group Co., Ltd. and the actual controller of Shanghai Electric (Group) Corporation to participate in the power to change the shares of Shanghai Electric (Group) Corporation to the flow of .A shareholders of A shares for every 10 shares in circulation to pay 20 yuan in cash consideration, the total paid circulation of A shareholders a total cash consideration 10200.0006 million. .</ P> <P> the same time, Shanghai Electric (Group) Corporation has a special commitment: If the power-share in fiscal 2006 audited net profit has not reached 517,965,452 yuan (that is, as of March 31, 2006 the company's total share capital of 517,965,452 shares .as basis, the audited fiscal year 2006 earnings per share has not reached 1.00), electrical power up the shares of Group A shares in circulation for every 10 shares get 5 million in cash. .</ P> <P> However, because of the power-share price at 15 yuan in the vicinity, and its "10 get 20 yuan," the equivalent of the price equivalent to only send down about 1.3 shares of stock, so after the vote ., the program received only 55.7% of shares outstanding approval rating could not exceed 2 / 3, the share reform program was not. .</ P> <P> as of Sept. 22, shares of stock price closed on 6 power sun, reaching 18.10 per share. .In this case, the company will continue to adhere to the cash consideration whether the program merits attention. .</ P>.