ST Changhe Complex Can Be &Nbsp, And Wang Yawei Will Gain A Profit In One Year.

*ST, which has suspended its listing for a year, is planning a major asset restructuring, which is good news for Wang Yawei, who had bought 9 million shares of his stock.

*ST Changhe announced in May 11th, which was suspended in May 11th 09, announced that the company received a notice from its controlling shareholder, the China Aviation Technology Industry Limited by Share Ltd and the actual controller of China Aviation Industry Corp, and is planning a major asset reorganization for the company.

*ST Chang River reorganization road is full of thorns. During the three consecutive years of loss and was suspended from listing, the actual controller has undergone 3 changes.

Among them, *ST Changhe launched the reorganization in June 2008, and put Shanghang electric appliance and Lanzhou electromechanical company into listed companies.

After the implementation of the restructuring, the main business of *ST Changhe has changed from the original automobile manufacturing sector to the R & D, production and sale of avionics products.

Jiangnan Securities Finance Research Institute chief analyst Shuai said yesterday that China aviation industry group is divided into defense industry, aircraft, engines, helicopters, airborne equipment and systems, general aircraft, heavy machinery, special purpose vehicles, trade logistics, asset management, Hang Kongyan research, flight test and other industrial sectors, involving 18 listed companies.

Among them, *ST Changhe belongs to the avionics system plate.

By the end of last year, the name of the company was changed from "Changhe Automobile Limited by Share Ltd in Jiangxi" to "China aviation electronic equipment Limited by Share Ltd".

At present, *ST Changhe has achieved profitability in the past year.

The company's 2009 annual report shows that the net profit attributable to shareholders of Listed Companies in 2009 was 27 million 290 thousand yuan.

According to the relevant regulations, it is within the statutory disclosure period to disclose the latest annual report audited; the audited latest annual financial accounting report shows that the company is making profits.

As long as the above two conditions are met, the company can submit a written application for the resumption of listing to the Shanghai Stock Exchange within five trading days after the disclosure of the latest annual report.

At present, *ST Changhe has submitted the application materials for resuming the listing.

The company disclosed in May 5th that the company received a letter from the Shanghai Stock Exchange in April 29th and requested the company to submit a reply in writing in response to the relevant matter. The company is actively preparing information.

Analysts pointed out that after the start of the reorganization, the resumption of listing or just around the corner.

Wang Yawei, who will sneak into the *ST Changhe market before the listing is suspended, will gain a lot of money.

Wang Yawei bought the *ST Changhe in the first half of 2009. The company's 2009 annual report shows that China's market selection and Huaxia strategy hold 6 million 10 thousand and 600 shares and 3 million and 900 shares respectively, and are second and third largest tradable shareholders of the company.

*ST Changhe said today that the company will actively maintain contact with the controlling shareholders and the actual controllers, continue to fulfill the obligation of information disclosure, and issue timely announcement on the progress of related matters.