The most popular Xiangyang bearing is suspended or

2022-08-02
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Xiangyang bearing has been suspended or planned to acquire its Polish counterpart

Xiangyang bearing, which has just completed the fixed increase financing, constitutes an automobile axle, transmission, brake and other parts industry cluster; Planning for major asset restructuring around the suspension of trading of Angang Group from today. The author learned from the local government of Xiangyang that the suspension of Xiangyang bearing is a plan to acquire the Polish bearing enterprise KFLT, which is the largest bearing enterprise in Poland. Xiangyang bearing, which has just completed the fixed increase financing, suspended trading today to plan for major asset restructuring. The author learned from the local government of Xiangyang that the suspension of Xiangyang bearing is a plan to acquire the Polish bearing enterprise KFLT, which is the largest bearing enterprise in Poland

the public information shows that the two sides have been in contact for a long time. On april11,2012, Xiangyang local newspapers reported that fanruiping, member of the Standing Committee of Hubei provincial Party committee and Secretary of Xiangyang municipal Party committee, and biebixiong, mayor of Xiangyang, met with the delegation of the Polish industrial development agency led by voychehdabrowski, director of the Polish Industrial Development Agency, and held talks on further strengthening cooperation between Xiangyang and polish enterprises. It is reported that at present, an enterprise of the Polish Industrial Development Bureau has had good contact with enterprises in the city. The two sides have a strong willingness to cooperate, and Xiangyang will give full support. It is reported that as early as the beginning of 2011, Xiangzhou shaft company contacted KFLT company of Poland and hoped to provide it with semi-finished bearings

the leaders of Hubei provincial Party committee also met with the delegation led by wojciechedabrowski, director (Chairman) of the Polish Industrial Development Bureau, and georgegra, deputy director (director). At that time, Hubei pointed out in the report that the purpose of the Polish delegation's visit was to investigate and discuss the acquisition of Poland KFLT by Sanhuan group. Xiangyang bearing, as a listed company under the third ring group, should be responsible for this acquisition

a person close to the company confirmed the acquisition to the author. However, when talking with the pulleys qb/t 3892 ⑴ 999 for pushing and pulling aluminum alloy doors and windows, he said that there were still many uncertainties about the success of overseas acquisitions

although Xiangyang bearing has just completed the private placement to raise 546million yuan, the acquisition is likely to be implemented by issuing shares for two reasons: first, the capital chain of Xiangyang bearing itself is still quite tight, and the phase I construction project of the third ring Xiangzhou Industrial Park has been progressing slowly. As only major shareholders participate in the above-mentioned fixed increase, the financing amount is not sufficient; Second, the recycling value is small. With the help of this overseas acquisition, the company may carry out some supporting financing

as an old state-owned enterprise, Xiangyang bearing has been looking for new profit growth points in recent years, but it has not gone smoothly due to market environment, capital and other factors. If the company can make a breakthrough in technology this time, it may be able to revitalize itself

affected by the financial crisis, many traditional manufacturing giants in Europe are in trouble, creating many M & A opportunities for Chinese enterprises. Previously, Zoomlion successfully acquired CIFA, an Italian concrete machinery manufacturing giant, and Boying investment is also starting to acquire Steyr power in Austria

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