In the face of the temptation of the stock market, the domestic construction machinery giants have chosen the “overall market†approach. On September 8, the original “Xugong Technology†issued an announcement that the company’s securities abbreviation was changed from “Xugong Machinery†from now on, and the company’s Chinese name was also changed from “Xuzhou Construction Machinery Technology Co., Ltd.†to “Xugong Group Construction Machinery Co., Ltd. Ltd.".
Industry sources said that from "Xugong Technology" to "Xugong Machinery," it indicates that the group's overall listing plan will soon become a reality. After the plan for the non-public issuance of shares of the group companies to purchase shares of a number of subsidiaries was approved, Xugong Group also promised to continue to inject unlisted assets in the future.
It is not coincident that Sany Heavy Industry has also recently issued an announcement stating that the company’s issuance of shares to a specific target to purchase assets has been conditionally approved by the China Securities Regulatory Commission’s merger and reorganization committee. The raised funds will be used to purchase 100% equity of Sany Heavy Machinery, and the excavator assets and business will be injected into the listed company as a whole. This event has also been widely seen as a material step towards the overall listing of Sany Group in the face of increasingly fierce market competition. Grouping, internationalization, and capital diversification have long been recognized as a strategic approach for these capable large companies. development trend. Participating in the securities market will help state-owned enterprises accelerate the pace of joint-stock reforms and establish a modern enterprise system; overall listing will help companies to further grow bigger and stronger, and help optimize their financing structure and prevent financial risks. At the same time, it should be noted that this round of asset injection is also a structural adjustment imposed by business pressure after the market hotspots are transformed. Whoever responds quickly and accurately will be the key to the success or failure of the future.
Industry sources said that from "Xugong Technology" to "Xugong Machinery," it indicates that the group's overall listing plan will soon become a reality. After the plan for the non-public issuance of shares of the group companies to purchase shares of a number of subsidiaries was approved, Xugong Group also promised to continue to inject unlisted assets in the future.
It is not coincident that Sany Heavy Industry has also recently issued an announcement stating that the company’s issuance of shares to a specific target to purchase assets has been conditionally approved by the China Securities Regulatory Commission’s merger and reorganization committee. The raised funds will be used to purchase 100% equity of Sany Heavy Machinery, and the excavator assets and business will be injected into the listed company as a whole. This event has also been widely seen as a material step towards the overall listing of Sany Group in the face of increasingly fierce market competition. Grouping, internationalization, and capital diversification have long been recognized as a strategic approach for these capable large companies. development trend. Participating in the securities market will help state-owned enterprises accelerate the pace of joint-stock reforms and establish a modern enterprise system; overall listing will help companies to further grow bigger and stronger, and help optimize their financing structure and prevent financial risks. At the same time, it should be noted that this round of asset injection is also a structural adjustment imposed by business pressure after the market hotspots are transformed. Whoever responds quickly and accurately will be the key to the success or failure of the future.
Low Pressure Air Pump ,Electric Low Pressure Pump,Low Pressure Pump
Bosin Pump & Valve Manufacturing Co., Ltd. , http://www.durrex-pumps.com