Great Wall Group,” the acquisition of the “Great Wall, Hong Kong” digressive holdings TPV

Great Wall Computer (000066.SZ) advertised today that the financial gathering and the Great Wall Computer Group Corporation (hereinafter cited to as “the Great Wall Group”) moved into into an accord to procure 10,601,200 yuan held by the Great Wall Great Wall Computer Group (Hong Kong) Holdings Limited (hereinafter cited to “Great Wall, Hong Kong”) 99% stake.

Great Wall Hong Kong as a result of a total of TPV holders (00903.HK) 17.11% stake, and Great Wall Computer report shows that in 2008, the Great Wall Computer holds 9.47% stake in TPV Technology. Therefore, after completion of the acquisition of the Great Wall computers, at least to hold 26.58% stake in TPV Technology, and the largest shareholder of TPV Technology Philips shareholding of 27.25% compared to only 0.67% of the gap.

Further brandish monster holdings of portions in TPV Technology will help the Great Wall of computer realization of the strategic goals, and TPV Technology Group, a large manufacturer in the international constructing scheme, the computer will furthermore encourage the internationalization of the Great Wall the stride of expansion.

Great Wall first quarter of this year against the market trend of computers to achieve a net profit of dust in the income of 28.85 percent year-on-year decline, the net profit was up to 14.9 million yuan, an increase of 255.96%.

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