波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒

Microsoft Corp. has agreed to pay 94 million yuan ($12.3 million) for a stake in Sichuan Changhong Electric Co., a major maker of televisions and electrical appliances, the Chinese company said on Monday.

The two companies will cooperate to develop, make and market TVs, computers and other digital home-entertainment products, Sichuan Changhong said.

Under a memorandum of understanding, the Chinese company would place 15 million new shares with Microsoft at a price of 6.27 yuan each, a 37 percent discount to its last traded market price of 9.93 yuan.

The deal would give Microsoft a stake of nearly 1 percent in Sichuan Changhong, according to Reuters calculations. The U.S. software giant would be a long-term, strategic investor, Sichuan Changhong said.

The Chinese company, which posted sales of 4.97 billion yuan in the first quarter of 2007 as net profit climbed 24 percent from a year earlier to 96.32 million yuan, said it would soon present the deal to its board for approval.