XINHUA setzt 16,7 Millionen $ frei - 500 Beiträge pro Seite

[PS9006]

XINHUA setzt 16,7 Millionen $ frei. Finanzieller Zustand wird weiter gestärkt um die Kernkompetenzen voran zutreiben.

Xinhua China Reduces Ownership in Xinhua C&D to 8.18%

BEIJING, June 30 /Xinhua-PRNewswire/ -- Xinhua China Ltd. (Nachrichten) ("Xinhua China" or the "Company") (BULLETIN BOARD: XHUA), a US-traded holding company, announced today it has reached an agreement, effective May 31, 2006, with Xinhua Publications Circulation&Distribution Co., Ltd. to reduce its equity interest in Xinhua C&D from 56.14% to 8.18%. The agreement releases Xinhua China from its obligation to invest a further $16.7 million in equity into Xinhua C&D.

By not making the additional equity investment and after taking into account adjustments for prior year losses at Xinhua C&D, the Company's net equity interest in Xinhua C&D will be 8.18%, it said. The release of the requirement to fund the additional $16.7 million to Xinhua C&D improves Xinhua China's financial condition, it noted, and allows Xinhua China to concentrate on its intended co-publishing and e-commerce business opportunities, while maintaining a strategic partnership with Xinhua C&D.

The board of directors, as stated in its May 16, 2006 news release, views the opportunity for the sale of ebooks in China to be substantial and potentially more profitable, so it is transitioning from the traditional book distribution business to its new online digital content business model.

The Company's CEO, Xianping Wang, commented, "With China rapidly becoming the most wired country in the world, we are positioning ourselves to take advantage of the trend for online content, particularly foreign content." Mr. Wang added, "Internet usage in China by middle class consumers is growing at an annualized rate of 60 percent. There's no question China represents a great business opportunity for online content and service providers."

About Xinhua China

Xinhua China Ltd. is a US-traded holding company and a US domiciled company with publishing and distribution interests in China. Through its subsidiary, Beijing Joannes Information Technology Co., Ltd., it is entering into the online distribution businesses through existing and new strategic partnerships with both domestic and foreign publishers, authors, and distributors in China.

Safe Harbor Statement

This news release may include forward-looking statements within the meaning of section 27a of the UNITED STATES SECURITIES ACT of 1933, as amended, and section 21e of the UNITED STATES SECURITIES and EXCHANGE ACT of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, Xinhua China's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "safe harbor" provisions of the United States private securities litigation reform act of 1995 and involve risks and uncertainties, which could cause actual results to differ materially from those in the forward-looking statements contained herein.

At Xinhua China Ltd.: At The Investor Relations Company: Alex Helmel Woody Wallace or Tad Gage Investor Relations [phone] [e-mail] [phone] - [phone]

[bonscott_80]

Da heißt ja, daß sich Xinhua mehr aus dem traditionellen Buchhandelsgeschäft zurückzieht und stärker auf die Internetschiene setzt. Oder kann man das als reine Finanztransaktion sehen?
Wenn ersteres zutrifft, würde mich das stark an den neuen Markt erinnern, kein gutes Zeichen.
Im Gegensatz dazu steht dann aber der Bau des riesigen neuen Vertriebszentrums.
Leider für mich sehr unklare Situation.

[PS9006]

Ich glaub es geht bald wieder los. Bis Ende der Woche bei 1,20€ bis 1,40€. Gegenwetten? Anschnallen und festhalten!?

[GewinneMitnehmer]

Antwort auf Beitrag Nr.: 23.013.167 von PS9006 am 24.07.06 18:55:20

wo nimmst Du bloß Deinen Optimismus her??? Oder weißt Du mehr als wir wissen????

Liebe Grüße
Gewinnemitnehmer

[PS9006]

Bei Mediaring hat es heute schon geklappt mit dem Schub nach oben. Wird es auch hier klappen?! Spannung ist doch das Schönste an der Börse.
Und für BC, das ist ja schon ein mörder Bröcken den du da hast. Vielleicht kannst du uns alle bald zu einem Schnäpschen einladen!

[PS9006]

Atemberaubender Handel in Übersee Immerhin wären wir bei 0,71€ pari. Der Knall wird kommen, über 80% in 8 Monaten nach unten und es soll keinen Ruck zurück geben? Langanhaltend wird es sicher noch eine Weile dauern, aber hier werden kurzfristig ein paar Zocker kommen und das Ding nach oben schaukeln. Schnelle 100-200%. Braucht blos die kleine feine News zu kommen.

[PS9006]

10 Million Shares Returned to Xinhua China For Cancellation
26.07.2006 23:10
BEIJING, July 26 /Xinhua-PRNewswire/ -- Xinhua China Ltd. (Nachrichten) (the "Company") (BULLETIN BOARD: XHUA), a US-traded holding company, announced today that 10 million of its common shares held by four of its largest shareholders are being surrendered to the Company for cancellation.

This decision by the shareholders was agreed to as of July 10, 2006, following the reduction of the Company's equity interest in Xinhua Publications Circulation&Distribution Co., Ltd ("Xinhua C&D") from 56.14% to 7.96%, as previously announced in the news release dated June 30, 2006.

As a result of the cancellation of these 10 million shares, the total stock outstanding will be reduced from approximately 62 million to 52 million.

The Company said it appreciated the move by these large shareholders that recognizes its history, current position and outlook. It furthers a capital structure more in keeping with present conditions, it said. The shares were originally issued in connection with the anticipated majority ownership interest in Xinhua C&D being completed, the Company reported.

About Xinhua China

Xinhua China Ltd. is a US domiciled company with book related publishing and distribution interests in China. Through its subsidiary, Beijing Joannes Information Technology Co., Ltd., it is entering into the online distribution businesses through existing and new strategic partnerships with both domestic and foreign publishers, authors, and distributors in China.

INVESTOR CONTACT: MR. ALEX HELMEL 1 800 884 3864 (EXT. 17) http://www.xinhuachina.com.cn/ Safe Harbor Statement

This news release may include forward-looking statements within the meaning of section 27a of the UNITED STATES SECURITIES ACT of 1933, as amended, and section 21e of the UNITED STATES SECURITIES and EXCHANGE ACT of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, Xinhua China's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "safe harbor" provisions of the United States private securities litigation reform act of 1995 and involve risks and uncertainties, which could cause actual results to differ materially from those in the forward-looking statements contained herein.

At Xinhua China Ltd.: At The Investor Relations Company: Alex Helmel Woody Wallace or Michael Arneth Investor Relations [phone] [e-mail] [phone] | [phone]