Case XCMG Machinery drama seems to be the curtain call "The tree wants to r
XCMG before the public, Chairman Wang said in an interview: "and Carlyle Xugong acquisition approved, we must first integrate the country's construction machinery company, is the first stop in Changsha, Hunan." This is the first Xugong The open has said that industry consolidation.
With both Carlyle Xugong baked half ownership program, which the drama seems to be slowly curtain call, but the machinery industry does not seem to quiet down the mean, the rivers and lakes to revival?
Xugong will and 31 action
XCMG before the public, Chairman Wang said in an interview: "and Carlyle Xugong acquisition approved, we must first integrate the country's construction machinery company, is the first stop in Changsha, Hunan." This is the first Xugong The open has said that industry consolidation.
Compared to the wishes of workers, said Xu, 31 is quietly took action. Zoomlion three quarterly show, Hunan Road Machinery Co., Ltd. holds 31 Zoomlion 2,819,900 A shares in circulation, the actual distribution of its A shares 1.26% of total market value of more than 37.5 million yuan. Hill pushed shares of the three quarterly show, the largest circulation of its shareholders are the 31 cars Manufacturing Co., Ltd., holds 1067.85 million shares, accounting for the actual flow of the total number of A shares 2.36%; its fourth-largest circulation of the shareholders of Hunan 31 Highway Machinery Co., Ltd., holds 501.69 million shares, accounting for the actual flow of the total number of A shares 1.11%. 31 lines of actual circulation of shares held by Hill pushed the total number of A shares of 3.47%, 2.72% of total share capital. Hill pushed shares of semi-annual report shows that the largest shareholder of Shandong Engineering Machinery Group Co., Ltd. equity ratio of only 21.03% to 2.60% GF Securities ranked the second largest shareholder stakes, no accident on Hill will be pushing for a second largest shareholder. According to Zhang Zhao Sany secretaries to directorate said the third quarter of this year also invested in building 31 industrial shares, Liugong stocks such as construction machinery industry. In this regard, three on the one hand that only financial investment, there is no intention of industry consolidation.
XCMG: integration ambitions or impulsive
XCMG occupy the first seat of the industry, to conduct industry consolidation is not unexpected move, but the king of China, Chairman prove safety Changsha, aimed at 31 something I am afraid that is obvious. And Carlyle's marriage already busy, just free to stop my breath so there is ambitious, do not know Xugong the sword is already done sufficient proof, are well prepared, with the possible program, or feeling glad because 31 inserted a horizontal bar, the awful look beautiful marriage preventing the twists and turns, while the expression of accurate heart of the anger?
Although Xu workers are industry leaders, but between the industry and the strength of other companies have not formed a significant advantage. In Carlyle Xugong program approved, the Carlyle holds Xugong half say, when the current operating level Xugong market behavior will have to consider the meaning from the Carlyle Group. After careful market research is not, without adequate proof, no scientific evaluation of overall investment, I believe that Carlyle would not support the Industry and Trade Ran Xu shot. On the one hand from the three terms, 31 series currently outstanding shares held by Sany 2991 shares, at such a high stakes situation, even if the forced shots Xugong I am afraid not too successful.
31: Total net mechanical unit, integration or financial investment
Buy machinery for a broad class of 31 individual stocks, although the one hand, the paper said the three waves and the financial investment, there is no industry consolidation plan, but the market does not fully believe. Hill pushed bulldozers industry shares is the boss, bulldozers are pushing the fist Mountain project. In contrast, 31 of the bulldozer has not been done well, Hill pushed on the 31 did have attractive enough, so guess 31 is not groundless acquisition Shantui. According to semi-annual report data, Hill pushed shares the largest shareholder of the holding is only 21.03 percent, while the second largest shareholder is the typical financial investor GF Securities, the current 31 series has been pushed shares held by Hill 2.72% of the shares, more than a GF Securities holding, currently 31 in the forward and attack or retreat to a favorable position.
While 31 shares Zoomlion, Xiamen Engineering shares, Liugong other enterprises, industry and the securities analysts think it is 31 more than the financial investment move, integration is unlikely. Value out of understanding mechanical engineering industry, 31 other stock investment industry is a reasonable explanation. In fact, in seven, in August the institutional investors sold a lot of stocks, machinery industry, 31 quietly absorb the chip industry to do the 31 in this round game of beat the institutional investors, gains quite good. Zoomlion the third quarter, Hill pushed shares Liugong, SANY and other company management and operating efficiency quite well, showing steady growth year on year net profit growth are over 50% performance increase significantly more than expected.
The e-commerce company in China offers quality products such as MAL cylinder , Solenoid Valve manufacturer, and more. For more , please visit china pneumatic equipments today!