St Chemical industry to be Liaoning side of the big assets into today's trading

Source: Internet
Author: User
Keywords Liaoning trading asset injection
Tags .net asset asset injection business company creditor design export
NetEase Financial March 11 News St Chemical disclosed today, to 57.055 million yuan to buy the new major shareholder Liaoning Fang Large holding the chemical design of 85.5% Equity, Kam-yun 100% Equity, Kam-Import and export of 100% equity, in order to achieve the seamless docking industry chain.  The company's shares will be licensed on March 11. As a result of the bankruptcy reorganization process, St Chemical industry began to suspend business last April 21. Although the draft reorganization plan was opposed by the priority creditor group and the ordinary creditor group, the decision of the Chinese Academy of Huludao was finally approved. Last July, Liaoning Grand Group, through the auction, to 233 million yuan to obtain St chemical predecessor of the major shareholder Jin Group held 190 million shares, accounting for 55.92% of the company's total equity, become a potential controlling shareholder. At the same time, Liaoning Square won the Jin group and chlor-alkali industry related bankruptcy assets by auction, and the asset was transferred to the St chemical industry at auction price.  Subsequently, the court ruled that the Jin group went bankrupt.  After many rounds of reorganization, the original was divided into the Jin chlor-alkali, Jin Group and Huatian Industrial three parts of the chemical industry chain operating assets in St chemical polymerization as a whole. This major asset injection, is the St chemical "Nirvana" of the next steps. According to the bulletin, the company is mainly responsible for St chemical business activities to implement ancillary ancillary production. According to earnings forecasts, Jin-import, Jin-Yun, Kam-the design of the 2011 net profit of 6.6812 million yuan, 1.9084 million yuan, 814,500 yuan.  If the actual net profit does not reach the forecast, the Liaoning side will make up the cash. However, up to now, the St chemical reorganization Plan has not been completed. According to the reorganization plan, the company should pay the amount of all kinds of claims amounted to 793 million yuan (excluding interest), of which the priority creditor 400 million yuan, the ordinary creditor 146 million yuan, the tax creditor's rights 97.15 million yuan, the employee creditor's rights 149 million yuan.  At present, although some claims still remain outstanding, there is no significant uncertainty in the implementation of the reorganization plan of listed companies. According to earnings forecasts, the company's operating income, total profit, net profit, and net profit attributable to the parent company's shareholders in 2011 accounted for 27.86%, 10.18%, 8.52% and 8.32% respectively of the St chemical preparation.  St Chemical said that the future of the company's main profitability is still mainly from the main business, the company is mainly to optimize the allocation of resources, increase the company's business type, improve the industrial chain, enhance market competitiveness. According to the performance forecast, St Chemical industry is expected to 2010 annual net profit attributable to the shareholders of the listed companies about 1.02 billion to 1.07 billion yuan, mainly from the bankruptcy reorganization proceeds.  More noteworthy is that with the last year's chemical market warming, St chemical production increased, product prices rise, the main product profitability has improved. Secondary market, St chemical Trading Today, trading volume is weak. Responsible Editor: NF058
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.