XCMG technology has no new asset injection plan for the time being
introduction: it is rumored in the industry that after Carlyle is approved, it may inject Xuzhou Heavy Machinery Co., Ltd. (hereinafter referred to as XCMG), one of the core assets of XCMG machinery, into the existing listed company XCMG Technology (). Yesterday, China Business News learned that at present, XCMG technology has not heard of injecting Xu Chong into XCMG
it is rumored in the industry that Carlyle may inject Xuzhou Heavy Machinery Co., Ltd. (hereinafter referred to as "XCMG"), one of the core assets of XCMG machinery, into the existing listed company XCMG Technology (). Yesterday, China Business News learned that at present, XCMG technology has not heard of the plan to inject XCMG into XCMG technology. However, the relevant senior executives of Carlyle and XCMG had previously told that they would consider listing, and their preferred place of listing was Hong Kong or mainland a shares. However, since both parties have modified the agreement, it is impossible to know whether the direction has changed
a securities analyst said in a research report that according to the successful experience of Morgan Stanley in Mengniu, through restructuring the company's legal structure and financial structure, it helped Mengniu achieve standardization in finance, management and decision-making process, and successfully designed a set of norms and structures that can be accepted by the international capital market for the enterprise. The introduction of promising construction machinery projects from overseas helps enterprises cultivate the competitiveness of core enterprises with a capacity utilization rate of up to 80%, which can form a profit-making situation for Carlyle, XCMG technology management and circulating shareholders. Assuming that from April, 2007, XCMG and XCMG realized consolidation, and non directional additional issuance was carried out according to the plan of 30% net asset premium, XCMG injected XCMG's assets into XCMG, and the capital stock is expected to increase by 93 million shares
another insider also pointed out that Carlyle was willing to modify the equity ratio because of the rising acquisition cost, but compared with the acquisition of leading construction machinery companies in the European and American markets, this transaction is still very cost-effective
yesterday, Fei Guangsheng, the Secretary of XCMG technology, said in an interview with China business news that he had not seen the analyst's report and that he had not received any notice from the relevant group to inject Xu Chong into the listed company
relevant sources have revealed that after the introduction of the Sarbanes Oxley Act in the United States, Deloitte has explained the act to XCMG. Some senior executives of XCMG group believe that overseas (especially the U.S. securities market) review of the maintenance skills and the funds required for the review of universal material testing machines are higher than the company's estimates, so the possibility of entering the U.S. market is greatly reduced. Previously, XCMG and Carlyle investment had plans to package XCMG's core assets and list them on the mainland or Hong Kong market. However, at present, it is not clear how the two sides can negotiate the future development of the enterprise. 1. Unscrew the oil return valve
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