China-Silver power to join the Chaozhou-Shantou rich to build power station

Source: Internet
Author: User
Keywords Daily economic News 2008 electricity coal price Wah Yin Power hydropower development planning
Tags bank of china company daily economic news developing development development planning economic group
Every journalist Guo Nao Zhi intern Wang Lixian The performance of the ailing Wah-yin Power (600744.  SH) is interested in developing Sichuan hydropower project with Chaozhou-Shantou regal yellow to ink. "The two companies have been negotiating a few months ago, and these hydroelectric projects are now in the process of preparation." Yesterday, Huang to Ink's Sichuan and Hydropower Investment Co., Ltd. (hereinafter referred to as Sichuan people) said, the hydropower projects static total investment of 3.046 billion yuan. According to Huang Xiangme at the time of the capital calculation, the Chinese silver power to hold the Sichuan people, the amount of capital contribution is not less than 50 million yuan.  Analysts pointed out that although the acquisition is conducive to improving the energy structure of the company, but because of repeated losses, higher indebtedness, the Chinese Bank of China Silver Power has been suspected of aggressive investment. Total investment of more than 4 billion yuan, China silver Power is the Datang group in Changsha, Hunan Province, the holding subsidiary, mainly to thermal power generation.  Yesterday, China Silver Power issued a notice, the company intends to work with Shenzhen Yuhu Investment Group Co., Ltd., the holding of Sichuan people, Sichuan province, the East River Basin hydropower development project Prophase. "Daily Economic news" reporter survey learned that Shenzhen Yuhu Investment Group is the head of the Chaozhou-Shantou regal Huang Xiangme, the company's business involved in hydropower, real estate, building materials wholesale market and agricultural products wholesale market.  2007 ~2008 years, Huang has twice contributed more than 100 million yuan, from a Shenzhen company in the hands of Sichuan and 100% equity. The Sichuan and related people have confirmed the cooperation between the two sides. It is understood that Dongyi is a two-level tributary of Jinsha River. According to the plan, the Dong Yi River Basin Hydropower Development plan is 2 storehouse 14 power station, after estimating, the East Yi River main stream 2 Storehouse 6 power station static total investment is 3.046 billion yuan.  The static total investment of 22 hydropower stations is 439.4 million yuan, and the static total investment of Zhi 6 is 523 million yuan. The more the loss of the expansion of the acquisition is questioned by the price of electricity coal, the Chinese bank's power performance is worrying. According to the 2008 annual report, the Bank of China AG lost $1.061 billion a year and still lost 152 million yuan in the first quarter. 2006 ~2008 year, the company's net profit declined year by year. Under the double pressure of performance dilemma and share reform commitment, the injection of China silver power assets is urgent.  But previous asset injections did not meet market expectations. "The Bank of China Silver Power earlier losses are indeed more, but the more the loss of expansion." "The Chinese bank wants to hold Sichuan people and hopes to expand its hydropower business quickly," said a domestic electricity analyst.  In the opinion of the analyst, the acquisition of the Chinese silver power is also good, but the key is where the money come from? According to the amount of capital invested by Huang Xiangme when he bought Sichuan people, China Silver power to take control of Sichuan people, the amount of capital should not be less than 50 million yuan, if the project into the late, it will be a big investment, for the first quarter of this year's assets and liabilities ratio of up to 87.09% of the Chinese silver power, this money from where? In this connection, the daily economic news reporter repeatedly called the Chinese silver Power dong Roche Orange, he has not answered the phone, and the company's securities businessThere was no answer to the phone.
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