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SMG Subsidiaries Pursue Backdoor Listing
Shanghai Stock Exchange, 1/11/11
Chinese electronics manufacturer SVA Information Industry (600637.SH) released plans for a major asset sale and stock purchase today under which Shanghai Media Group's (SMG) subsidiaries will achieve a backdoor listing. Read More
SARFT Reveals Second-Round DBS Rural Bidding Results
SARFT.net, 10/30/09
China's State Administration of Radio, Film and Television (SARFT) has released the results of second-round bidding for terrestrial satellite TV (DBS) receivers for the Cuncuntong rural connectivity project. Read More
Tianma Microelectronics Makes Offer on SVA 5G Production Line
China Business News, 8/03/09
Shenzhen-based Tianma Microelectronics (000050.SZ) is currently in talks with its subsidiary Shanghai Tianma Microelectronics to purchase SVA's (600637.SH) 5G LCD panel production line. Read More
Yidian to Acquire Controlling Stakes in SVA Subsidiaries
Sina Tech, 6/08/09
Chinese consumer electronics manufacturer SVA Group plans to sell its controlling interest in SVA Electron (600602.SH) and SVA Information Industry (600637.SH) to Shanghai Yidian Holding Group for RMB 1.11 bln and 1.075 bln respectively, according to statements released simultaneously by the two struggling SVA subsidiaries. Read More
Mainland to Import USD 4.4 Bln in Taiwanese LCD Panels
Sina Tech, 6/03/09
According to Taiwanese media reports, Bai Weimin, secretary general for the China Video Industry Association (CVIA), recently stated during a flat-screen display industry cooperation forum that a group of 9 top Chinese color TV manufacturers will add an additional USD 2.2 bln in product to current procurements of Taiwanese panels, bringing the total procurement amount to USD 4.4 bln. Read More
SVA Electron, SVA Information Expect Losses for 2008
National Business Daily, 1/21/09
LCD manufacturer SVA Electron (600602.SH) has announced that the company expects a loss for 2008 of between RMB 900 mln and RMB 1.1 bln. Read More
7 Companies to Win SARFT Satellite TV STB Bids
SARFT.net, 12/13/08
The State Administration of Radio, Film and Television (SARFT) issued a solicitation for bids for satellite TV reception equipment, and released the results of its evaluation on December 18. Read More
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