"Ningxia's richest man" to capturing northwest bearings
"Ningxia¡¯s richest man" SunHang super holding northwest bearings (000595) desire is about to become a reality. Northwest bearing today announcement, the company big shareholders China Great Wall asset management companies and ningxia pagoda petrochemical group Co., LTD.Signed the stock transfer agreement. Ningxia pagoda petrochemical remise Great Wall asset management company held by northwest bearing 4336.58 million shares, accounting for 20% of the total equity of the company, ZhuanRangJia per share 9.35 yuan. So, ningxia pagoda petrochemical becomes northwest bearing of the first largest shareholder. May be affected by the restructuring stimulation, northwest bearing yesterday rose 3.33% 10,305.77, inverse city 9.61 yuan. Data shows, ningxia pagoda petrochemical group Co., LTD.
Registered capital 11.85 billion yuan, main business is petrochemical, chemical and supporting industries. 2009 achieved sales revenue 42 billion yuan. For SunHang super pagoda petrochemical helmsman, with 24 billion yuan personal assets ranked "hu run 100 rich list for the first 608 bits, ningxia richest. Great Wall asset is obtained through debt restructuring northwest bearing stake, were holding northwest bearing 8191.7 million shares, total share capital of the 37.78%.
On January 7th, the Great Wall asset received Treasury official reply, principles agree with Great Wall asset taken directly means of contract transfer sell northwest 4336.6 million shares bearings.
For equity assignee, Great Wall asset open condition is, with the registered capital of 10 million yuan, the last 2 successive years of earnings, which have great asset scale, with strong economic strength, high management level of ningxia local enterprises. Market personage thinks it is clearly for ningxia pagoda petrochemical group "custom-made2". After the assignment, the Great Wall is the company has also hold shares of the company 38551533 strands, total share capital of the 17.78%. In the previous quarter, northwest bearing losses than 8776 yuan, fell sharply in 2009, the company has always been there 98.62% recombinant expectations.
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