St Dongsheng terminated aluminum related takeover

Source: Internet
Author: User
At the beginning of 2008, I hope to expand the aluminum industry to increase the profit point of St Dongsheng (600771), now the resolution to terminate to the shareholders of Shaanxi Dongsheng Pharmaceutical Co., Ltd., the holding subsidiary of Qinghai Tongren Aluminum Co., Ltd. to buy its own with aluminum smelting, aluminum processing-related fixed assets.  According to the agreement, will be returned by Tongren Aluminum Company assets purchase advance 52.4 million yuan, and pay compensation 4.6 million yuan. St Dongsheng to enter the aluminum industry, it seems to be able to face frankly. According to the company, the termination of the purchase of aluminum assets to the relevant parties, can make the company more focused on the development of the pharmaceutical industry, and the effective return of funds for the company to increase the core enterprises and leading products Turtle age set, set-kun Dan Investment, give full play to brand advantages, increase the focus of intensive cultivation of the market, accelerate the promotion of market share, Make it a company's profit support.

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