Two years to start idle alloy investment loss back to sell three ding boron industry

Source: Internet
Author: User
In the acquisition of Tripod boron industry company only 2 years later, Alloy investment (market, interrogation) will be "loss" to the company "back to the sale" to the major shareholder Liaoning Machinery (Group) Co., Ltd. Alloy investment September 9 Night announcement, the company holding subsidiary Kuandian Boron Co., Ltd. has not been sales, after research, the company holds the Kuandian Tripod Boron Industry Co., Ltd. 70% of all transfer to Liaoning Machinery (Group) Co., Ltd., the transaction price of 13.44 million yuan. Liaoning Machinery (Group) Co., Ltd. is the largest shareholder of alloy investment, holding 36.85% of its shares. The transfer of the three-ding boron industry, alloy investment, said that this transaction can further optimize the industrial structure, control investment and business risk, is conducive to further focus on the company's resources to develop key business, for the company to lay a good foundation for sustainable development, in line with the company's long-term development strategy. Two years ago, also that is May 30, 2011, alloy investment with its own capital of 14.43 million yuan acquisition of large shareholder Liao Machine Group held the tripod boron industry 70% of the shares. At that time, alloy investment said that the acquisition of tripod boron industry will enable the company to step into the resources industry, the first step for the company to accumulate non-ferrous metal mining experience for the company to lay a good foundation for sustainable development, in line with the company's long-term development strategy. Compared with the purchase price of 14.43 million yuan, the transfer price of 13.44 million yuan has been "shrunk" by 990,000 yuan. But the alloy investment said, "the completion of this acquisition will lead to a change in the scope of the merger, will not be a significant impact on the company's current profit and loss." The company is expected to bring about 110,000 yuan investment income. "Alloy investment in the first half of the net profit of 2.0602 million yuan, a turnaround, the company also estimated January-September earnings of about 1 million yuan-3 million yuan, the same profit."

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.