The peak of Heavenly creations diverted to do steam trade (figure)

Synthesis/Wang Li suspension of the peak of the heyday of the Heavenly Creations (600335) announced the reorganization plan, the company intends to be all assets and liabilities, and the actual control of China Machinery Industry Group Co., Ltd. Holdings of China Import Automobile Trading Co., Ltd. to replace the equivalent share;　　Company to the national machinery Group and Tianjin Bohai State-owned Assets Management Co., Ltd. to 7.83 Yuan/share of the price issue about 288.5057 million shares, the purchase of both held in the steam trade surplus shares.　　"Chine" Company's reorganization plan shows that, as of the date of issuance of the plan, placed assets, the assessment of the assets have not been completed, the preliminary estimate, the plan to put into the peak of the assets of the estimated estimated 2.625 billion yuan, and the company set the assets of the estimated estimate of about 366 million yuan. The difference between placing and placing assets of about 2.26 billion yuan is directed by the peak Tiangong to the asset owners for additional stock purchases.　　The state-owned machinery group, with its holdings of the 84.45% equity deduction and the remaining part of the asset equivalent part of the purchase of the shares of the Non-public offering, Tianjin Bohai Sea in its possession of the 15.55% of the equity subscription. The heyday of Tiangong is mainly engaged in construction machinery manufacturing, the main products for graders, loaders, road Roller, paver and so on. The company said that in recent years, because of the fierce competition in the industry, and accompanied by the lack of capital investment, the company's product upgrades did not show obvious results, new product expansion did not see significant effect, in addition to the company's overall size, product structure is not reasonable, the international market Sales Model single, the company　　The company suffered a loss of $71.6957 million a year in 2009, after a slump in the international economic crisis and a sharp contraction in import and export trade. And the proposed into the automobile trade is the state machine Group automotive trading and service core Enterprises, the main business for the import of automobile wholesale, automotive retail and trade services business. From 2007 to 2009, the operating income of the Sino-gasoline trading company increased from 4.7 billion yuan to 13.8 billion yuan, and the annual compound growth rate was 71%, while the net profit attributable to the parent owner in the same period was 107.8979 million yuan, 146.7695 million yuan and 135.392 million yuan respectively.　　In the first half of 2010, the operating income of the Sino-auto trade has reached 13.9 billion yuan, and the net profit of the owner of the parent company without audit is 137.2544 million yuan. 45.65% in accordance with the reorganization plan, as at June 30, 2010, the incorporation of the company's proposed assets was about $1.802 billion, with a preliminary estimate of about $2.625 billion and a value-added rate of 45.65%.　　The net book value of the parent company in which the assets are placed is about $1.649 billion, with a preliminary estimate of about 2.625 billion yuan and a value-added rate of 59.23%. The company said that the main reason for the evaluation of value-added is that the trade has a long-term stable market channels, competitiveness is also being strengthened, in the industry has a greater advantage. In recent years, the business development of the automobile trade has grown rapidly,The benefit is steady rise, the future has the ideal development foreground. And the assets are added slightly.　　As of March 31 this year, the assets attributable to the owner of the parent company for 304 million yuan, and the estimated value of 366 million yuan, value-added rate of 20%. The announcement said that the major asset reorganization is the national Machinery group in accordance with the development strategy, integration of automotive trade and services business sector needs. National Machinery Group is in accordance with its overall strategic planning, and gradually orderly advance its automotive trade and service sector business integration work. Through this reorganization can realize the national Machinery Group automobile trade and service plate core assets listing, for the automobile trade and service plate follow-up integration to build a capital platform, establish financing channels, make full use of the capital market to achieve business incremental expansion of the scale, while integrating the automotive trade and service plate wholesale, retail business and other related businesses,　　In all areas of the business in the formation of brand advantages, chain advantages and scale advantages at the same time, to play a synergistic effect, improve the national machinery Group automotive trade and service sector of the overall competitiveness. Before the reorganization, the heyday also terminated the previous private issue of shares. The company has disclosed additional plans on May 23, 2009, intended to be no less than 5.61 yuan/ The price of the shares to the large shareholder, including the Tianjin Construction Machinery Research Institute, not more than 10 of the specific objects of the non-public offerings of not more than 110 million shares (including 110 million shares), of which, the main shareholder of Tianjin Construction Machinery Research Institute to subscribe to cash for not less than one-third of the shares. The amount of the additional fund-raising is about 594 million yuan, the funds raised are mainly invested in the company's original main business.