Oil Chai cleans up major assets to pave the road for restructuring

Suspension of nearly one months of oil Chai announced the latest reorganization plan: The company will hold the Baoji oil steel pipe 21% Equity and Xianyang Gem Steel pipe 28.67% for sale, the recipient is the controlling shareholder PetroChina's subsidiary.　　It is reported that the valuation value of the equity total of 347 million yuan, the final transfer price of 252 million yuan. According to the data, the corresponding operating income of the shares in 2009 was 1.631 billion yuan and 153 million yuan, which amounted to 1.784 billion yuan, which accounted for 112.35% of the operating income of the listed companies ' 2009 consolidated statements.　　The company said the move is to solve the capital pressure of oil and firewood, and focus on the development of the main business.　　However, the data show that the Baoji oil pipe has been the company's main source of profits, 2009 net profit contribution rate of 74%; While the company's main products diesel engine gross margin continued to decline, the first half of the company to increase the case is still a loss of 5.092 million yuan, is caused. Some insiders say the sale of assets is only the first step in restructuring. Next, the company will have new capital operations, especially with its "green power" companies, to enter the new energy sector. After all, Wang Yawei buying shares is not a random choice. The person laughs.