Yulong Steel pipe and run state heavy industry start application

Panorama August 19 China Securities Regulatory Commission announced in Thursday that the Commission is scheduled to convene the 2010 134th Working Conference on August 23, audit Jiangsu Yulong Steel Tube Co., Ltd. and Jiangsu Run Bang Heavy Industry Co., Ltd. 's first application. Jiangsu Yulong Steel Pipe Co., Ltd. The plan is to issue 80 million shares in the Shenzhen stock company, with a total share capital of 318 million shares.　　The company is a professional manufacturer of welded steel pipe, the main products are spiral submerged arc welded steel pipe, straight seam high-frequency welded steel pipe, square rectangular welded steel pipe and straight seam submerged arc welded steel pipe, the comprehensive strength ranks forefront of the same industry.　　The issue of fund-raising will be used in Yili Yulong Steel Pipe Co., Ltd. Annual output of 250,000 tons of oil, gas and other long-distance pipe project and oil, gas and other long-distance transportation pipe project, the total investment of 921 million yuan. Jiangsu run Bang Heavy Industry Co., Ltd. the plan is to issue about 50 million shares in the Shenzhen stock company, with a total share capital of about 200 million shares. The company's main business is the hatch cover, lifting equipment, such as heavy equipment design, manufacture, sales and service. The company is the largest supplier of the hatch cover by McKee Ka.　　The main brands in the hatch industry are Mackigga and TTS, which basically monopolize the global hatch market. The issue of fund-raising will be invested in lifting equipment industrialization projects, marine engineering equipment projects, hatch cover production of comprehensive technical renovation project, the total investment of 949 million yuan. (Panorama net/Chen Danyong)