Compal and Lenovo joint venture, from October 2017 onwards, benevolence treasure can be sold back equity, the general manager of the Compal 9th first clear statement, and Lenovo to discuss the sale of matters, the two sides also have consensus, Lenovo intends to buy back, the fastest before the end of 2017 can be finalized, the two sides are currently negotiating prices and other final details. Compal stressed that even if the sale of the stake in the joint treasure, the relationship between benevolence and Lenovo, is still close. Compal and Lenovo announced joint ventures in 2011 set up ODM and brand factory in the first joint venture, of which Lenovo 51%, Benevolence Treasure Holdings 49%, the original contract between the two sides, after October 2017, benevolence treasure right to sell back to the United States, the agreement is also fixed, the future of the implementation of the right to sell the price will not exceed 750 million U.S. dollars, In Compal's original contribution of $150 million, Ren Bao was able to make a profit of $600 million in this transaction. Compal for the joint treasure, from the beginning to date, the closer to October, the more conservative attitude; At the beginning of 2017, Compal on the sale back to the joint treasure stake, believe that soon, expected 2017 will be achieved, but to June shareholders meeting, Compal said, in the face of large customer orders and the sale of equity, the heart is very dilemma; By the August FA said the meeting, Compal only said that it could not comment at present. Compal 9th the 3rd quarterly earnings Law said the meeting, legal person questions about the sale of joint-stock shares, Compal obviously prepared to come, he smiled and said, I knew will ask this question, he also first confirmed, Benevolence Bao is in the sale negotiations with Lenovo, the direction of the sale is determined, the two sides also have consensus, just poor at the price of the sale and announced the time. Compal said he expects to be completed by the end of 2017, and if it is completed by the end of the year, he will be identified in the 4th quarter, and he laughs that he can then make up for the loss of the lottery. Compal in the 2nd quarter of a one-off music loss amounted to 2.9 billion yuan. The recent foreign-capital report said Lenovo was already putting up $212 million in reserves, which it estimates would be prepared for the purchase of the stake. Compal pointed out that Lenovo's attitude to the case is very clear, but also very ' Asha Li ', just because in the busy with Fujitsu's purchase together, so slightly delayed. The latest estimate will be finalized in the 1th quarter of 2018. Market concern for the sale of prices and time, and the industry is concerned that the sale of the treasure, benevolence Treasure stake, and Lenovo's partnership is change? Compal stressed that the cooperation between the two sides has not changed, the main cause of the cooperation between the two sides in the process, happy, laid the foundation, and in fact, benevolence Bao foundry production quality and scale has reached a certain degree, both sides of the PC or the future in the server cooperation, are still close. NB Industry Analysis, benevolence treasure even if sold back to the stake in the joint treasure, indeed, the impact of the next generation of labor relations is limited, the main cause is the continuous integration of NB Foundry, the world's top 2 NB factory: Tatsu and Compal in the global NB shipments accounted for more than 60%, and has a yearly expansion trend, and because of brand factory and factory long-term cooperation, Lenovo has a limited chance of looking for other generations of factories.
