Superior High Division 154 million acquisition of electromagnetic wire business today unlimited Trading

NetEase Financial September 29 News of the Wind high tech Tuesday announced that the company intends to acquire a 85% stake in the East Haven company, the purchase of assets estimated at about 154 million yuan, in line with the company's big and strong electromagnetic line business strategic objectives. It is reported that East Haven Company's main business is the production and sale of electromagnetic wire, the main products include enameled wire, paper wrap line, silk package line, copper row, etc., is China's electromagnetic wire production enterprises in the most varieties of products, the most complete specifications of one of the enterprises.　　East Haven Company's maximum production capacity of nearly 20,000 tons/year, including enameled wire production capacity of about 12,000 tons/year, for the North China electromagnetic wire industry leading companies, with a higher industry status.　　At present, the company's enamelled copper wire and enamelled aluminum line production capacity of about 23,000 tons/year and 5,000 tons/year, the acquisition of East Haven Company, East Haven Company will become the company's holding subsidiaries, the company's production scale and industry status will be greatly enhanced, among the national electromagnetic line production Enterprise first echelon.　　Positive stimulation, the upper edge of the high branch trading today, not open trading, the whole day deal only 13.51 million yuan, turnover shrank, the market reluctant optimistic about the acquisition. Related news: Superior High Division reorganization plan announced 154 million acquisition of electromagnetic wire business