Yuchai’s shareholding company may reorganize *ST Hengli


* Potential restructuring of ST Hengli (000622), Guangxi Yuchai Anda Transmission Co., Ltd., drafted a framework cooperation agreement with the Yueyang Municipal Government on January 27, 2006, which will be finalized after due diligence on *ST Hengli. Determine whether to enter the Lord.

The main content of the draft framework cooperation agreement was Yueyang Municipal Government's commitment to attract strategic investors through preferential policies and vigorously support the restructuring of *ST Hengli. It has replaced its employees' identities and is responsible for coordinating the entire restructuring work. However, the two sides have not formally signed an agreement.

It is reported that Yuchai Anda Transmission Co., Ltd. was established in August 2005 in Yulin City, Guangxi Province with a registered capital of 20 million yuan. It is a vehicle transmission manufacturer jointly funded by Guangxi Yuchai Machinery Group Co., Ltd. and Guangzhou Anda Bearing Co., Ltd. Among them, Guangxi Yuchai Machinery Group Co., Ltd. holds 25% of the shares, and Guangzhou Anda Bearing Co., Ltd. holds 75% of the shares.

Yuchai Anda specializes in the production of heavy-duty vehicle transmissions with a total investment of 500 million yuan. The project occupies a total area of ​​200 mu in the Yulin Economic Development Zone. The investment is completed in two phases. The first phase of the investment is 50 million yuan. In the construction of factory buildings and supporting facilities, a transmission assembly line, necessary inspection and testing equipment, etc. are to be provided; the second phase of the investment is 450 million yuan, which is mainly to expand the production scale of products and add a wiring.

After the above-mentioned project completes investment, it will form an annual production capacity of 200,000 sets of heavy-duty vehicle transmissions with a sales income of about 1 billion yuan and a tax of 0.7 billion yuan, becoming an important supporting enterprise for Yuchai Machinery.

According to its website, Guangzhou Anda Bearing Co., Ltd., one of Yuchai Anda’s shareholders, was established in 1991 and is currently the largest supplier of automotive axle bushing products in China. It is the only axle bearing production company with independent R&D and design capabilities in China. . Its alloy bushes have been widely used by host plants such as Yuchai, Xichai, and Huaichai, and more than 90% of the products have been supplied to more than 30 mainframe factories including China FAW, Dongfeng Motor and Yuchai, covering medium-sized vehicles and light-duty vehicles. Mini-cars, cars, marine internal combustion engines, etc., have now formed a series of products of several hundred specifications.

Yuchai Group, another shareholder of Yuchai Anda, was founded in 1951. In 2004, it had total assets of 10.5 billion yuan and sales revenue of more than 10.7 billion yuan. In 2005, Yuchai Group ranked 37th in the list of China's top 500 machinery enterprises, No. 3 in China's top 100 auto parts manufacturers, and No. 1 in power equipment manufacturing. At present, there are 27 wholly-owned, controlled, and shareholding subsidiaries.
View related topics: Yuchai won the "China Brand Annual Award NO.1" (internal combustion engine) title in 2007


Concrete Batching Plants

This product(concrete batching plant) is a fully automatic concrete mixing equipment consisting of five systems of mixing, electrical control, storage, conveying and weighing.
Features of concrete batching plant
1.It is assembled by building blocks, which is short, quick and convenient.
2.It is convenient and quick to use the cylinder discharge or electric push rod to discharge.
3.A variety of mixing processes, highly automated, high production efficiency,
4.Environmental protection and energy saving, using pulse dust removal, recycling waste-water for reuse

Concrete Batching Plant,Ready Mix Concrete Batching Plant,Stetter Concrete Batching Plant,Portable Concrete Batching Plant

Shandong Zeyu Heavy Industry Science and Technology Co.,Ltd. , https://www.sdmobileconcretebatchingplant.com