Changan Group to enter the St in Hunan Tian Yan Machinery Company

The integration of the soldiers installed the curtain opened. Yesterday evening, St Cavalry announced a major asset replacement and related trading program, to set out motorcycles and other assets and liabilities, China Changan Automobile Group is to be placed in Hunan Yanbei Machinery Co., Ltd. 100% Equity, while,　　China Changan Automobile Group buys the 305,474,988 shares of St-mounted Cavalry Group by the parent company, becoming the largest shareholder. Placed in the assets of the year before the profit of 51.81 million this time, China Changan Automobile Group held Hunan Days Yan Machinery Co., Ltd. 100% stake, 385.1253 million yuan, replacement of St motorcycle and other motorcycles and other assets and liabilities, the value of 587.8767 million yuan.　　At the same time, China Changan Automobile Group to obtain the set out assets as the right price, the purchase of the parent company armed Group Holding the St 305,474,988 shares, become the largest shareholder. Hunan Tian Yan Machinery Co., Ltd. is located in Hunan Hengyang, the main business for turbocharger, engine intake and exhaust doors, cooling fans, such as engine parts production and sales, established in 2003,　　2009 years operating income of 466.7201 million yuan, net profit of 51.81 million Yuan, last January-September, the realization of the operating income of 482.5739 million yuan, the net profit of 49.0424 million yuan, in accordance with the annual net profit of 65.38 million yuan, St light Total capital 971.81 million yuan, is expected to gain 0.067 yuan per share.　　In this way, plus Chongqing Changan Automobile, China Changan Automobile Group will directly hold two listed companies. Motorcycle Company Integration will continue to be announced that China Changan Automobile Group will be its subsidiary Hunan Days Geese 100% equity into the St motorcycle, fundamentally improve the quality and profitability of the St, and thus enhance the core competitiveness of listed companies and sustainable development capacity.　　St The Cavalry 2009, 2010 1 to September all losses, has announced the 2010 deficit.　　And this time, the parent company will take the St motorcycle business to set up the listed company, will completely solve the St-mounted group direct holding the listed companies China jialing, Jian Mo existence of the competition problem, at the same time, the group of soldiers to cash the St riding the share reform when injecting quality assets of the relevant commitments. The Changjiang Securities analyst pointed out that the military outfit group to China Jialing, the construction of the B integration, is expected to be the next step. Yesterday, St Cavalry received 6.41 yuan, Rose 0.63%.