the investment Fund Telconet Capital plans to sell stake in Russian developer of smartphones YotaPhone, Yota Devices to its Chinese partner China Baoli Technology, “Vedomosti” citing sources close to the management of Yota Devices.

the company Marsfield, which manages the assets of Telconet, deny a possible sale of a stake in the developer of the smartphones and say that out of Yota Devices is not conducted and is not discussed.

in the Spring of China Baoli bought Telconet only 30% of Yota Devices for $ 46,2 (initially, the company planned to purchase the 64.9 per cent, but changed the terms of the transaction because of the rules of the Hong Kong stock exchange) and received an exclusive right for seven years to sell in China YotaРhone.

shares of the other shareholders in the transaction with China Baoli has not changed – 25.1% of controls rostec, and 10% owned by management. These shares will not change and after Marsfield, say the newspaper’s sources. They also suggest that a new deal will be a continuation of the old, the second stage of the sale and exchange must not object to the transaction.

Previously, the newspaper’s sources also talked about the contradictions among the shareholders of Yota Device. The release of the third model of YotaPhone in Russia is postponed, as the Chinese focused only on the release of its smartphone with two screens according to the technology of Yota Devices, in partnership with smartphone manufacturer Coolpad (key shareholder China LeEco).

the Chinese shareholders of Yota Devices want to develop and produce the next model of the YotaPhone in China, Russians in Russia. According to a source close to the management of the company, buy shares in Yota Devices needed Chinese investors to attract public investment in its technology.

Chapter Marsfield Ekaterina Lapshina said that China Baoli works with the Coolpad in China, for localization devices Yota Devices. All work is carried out under the license agreements in close cooperation of developers in Russia and Europe, she says.