Chairman Zhao Weiguo Zhao Weiguo opposed the acquisition plan led by Jianguang Assets, and vowed to "keep playing" for the acquisition plan.Essence

(Washington/Beijing Comprehensive News) The bankruptcy reorganization of Ziguang Group, a Chinese semiconductor company, continues.Zhao Weiguo, chairman of Ziguang Group, who obviously proposed the acquisition plan proposed by Jianguang Assets, vowed that the lawsuit should be "kept" in response to the acquisition plan, and said that he is now to dig out the supporters behind Jianguang Assets.

Market Follow the Prospects of Ziguang Reorganization

The chip design, cloud service and storage equipment manufacturing of Ziguang, and other businesses.It has strategic value, and its reorganization prospects are the attention of the market.

Zhao Weiguo said in an interview with Bloomberg that Jianguang Assets was an investment fund controlled by low -key investor Li Bin. Before the consortium participating in Jianguang Assets successfully won the bidding for Ziguang Group, he did not not.Xianshan dew.

Zhao Weiguo emphasized that the reorganization plan is now belonging to intention crimes; even if the creditor meeting is approved, he will continue to fight this lawsuit.

Zhao Weiguo's holding company Beijing Jiankun Investment Group Co., Ltd. holds 49%of Ziguang Group.In an interview with the International Financial Report, he said that in response to this reorganization plan, the questioning of Jiankun Group's question is mainly concentrated. One is the question of zero the value of shareholders, involving the issue of tens of billions of state -owned assets; the other is to correct the right;Doubt about the investment capacity of Zhilu Jianguang's investment in Zhilu, the entire battle.

Refers to the loss of 73.4 billion yuan of state -owned assets to be lost by the court manager.It is clearly put forward the acquisition plan that opposes the led of Jianguang Assets. It is believed that the valuation of the Yangtze River Storage (one of the main assets of Ziguang Group) in the plan is only 5.1 billion yuan (RMB, the same below, the same, 1.094 billion yuan), which is far lower than close to approachingThe reasonable valuation level of 160 billion yuan.

Zhao Weiguo also said that the rescue plan of Jianguang's assets will lead to 73.4 billion yuan of state -owned assets.

The manager of Ziguang Group appointed by the court rejected Zhao Weiguo's criticism last Friday, and accused the company's debt crisis mainly due to the poor operation and management of Zhao Weiguo and the rapid acquisition of domestic and foreign rapid acquisitions.The manager said in the statement that the selection of strategic investors adopts a public recruitment method, which is fair, fair, and open, and will hold a creditor meeting to vote for reorganization plan on December 29.

Ziguang Group is an important technology group owned by Tsinghua Holding Group, the largest school and enterprise in China. It involves semiconductor and cloud computing.Assets, the overall scale is nearly 300 billion yuan.In November last year, because of the unable to repay the 1.3 billion yuan in private equity bonds issued in 2017, Ziguang Group began to deeply trapped multiple debt defaults, causing bankruptcy and reorganization.

After nearly a year of negotiations, the announcement of the main listed platform of Ziguang Group on the 10th announced on the 10th of this month shows that the seven institutions such as Zhilu Capital and Jianguang Assets defeated Zhejiang state assets and AlibabaThe consortium has become a strategic investor selected by the purple bankruptcy manager.

The central tendency of the Ali consortium takes over Ziguang

Some reports were previously reported that the Chinese central government tended to choose Alibaba and Zhejiang state assets to form a consortium.Take over the operation of Ziguang Group.

Zhilu Capital and Jianguang Assets as professional investment institutions have always been quite low -key in the market, but they are extraordinary.According to Surging News, in the past five years, Zhilu Capital and Jianguang Assets have led too much investment in major investment in the field of tens of billions of semiconductors.The cumulative investment exceeds 60 billion yuan.

The official website shows that Zhilu Capital was established in 2017 and is a global professional equity investment institution.It is an asset management company that focuses on the integrated circuit industry and strategic emerging industries.