Three Ring Group injection axis Group or the expiration date countdown

Source: Internet
Author: User
Two years ago, the group was committed to investing no less than 300 million yuan in the restructuring of the group, or the reorganization agreement terminated. Today, only a few days left until April 16, the pledge remains unfulfilled.  In response, the regulator has issued a regulatory letter to Xiangyang bearing, a listed company of the Xiang Axis group. The market at that time high expectations, since the reorganization of the agreement three months after the announcement, Xiangyang bearing shares the highest rise of nearly 80%.  The analysis points out that the market is optimistic about Xiangyang bearing, on the one hand, it is clear commitment to cash investment after the three rings, on the other hand, it is based on the expectation that the following business assets can be listed. But the expected injection is not a reality. The three ring group has only invested about 100 million yuan to build the industrial park. Reporter inquires that in the early days of reorganization, Xiangyang municipal government has been in the local High-tech zoning land for the construction of New industrial park.  But the plot is still barren. As the reorganization agreement clearly stated, if the investment is not in place, the reorganization is terminated. With only a few days left in the commitment period, it is not clear how the three rings will end, and the relevant parties refuse to respond. Even Xiangyang's government is extremely dissatisfied and the reorganisation cannot end, "it is impossible to find a new successor in the short term," according to people familiar with the matter. Responsible Editor: NF018

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