The hottest state machinery group signed an equity

2022-08-20
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State machinery group and state machinery automobile signed the equity custody agreement

state machinery group and state machinery automobile signed the equity custody agreement

China Construction machinery information

Guide: since the suspension of trading on March 25, state machinery automobile announced that the company signed the equity custody agreement with the controlling shareholder China Machinery Industry Group Co., Ltd, State machinery group absorbed and merged the China Automobile Industry Import and Export Corporation held by it into China automobile Carey Trading Co., Ltd. and completed the overall restructuring of the limited company 10

since the suspension of trading on March 25, Sinomach announced that the company signed the equity custody agreement with the controlling shareholder China Machinery Industry Group Co., Ltd., and Sinomach group handed over its 100% equity of the limited company after the absorption and merger of China Automotive Industry Import and Export Corporation and the completion of the overall restructuring to the company for management. If the process and technology are improved, people in the industry pointed out that the signing of the equity custody agreement between Sinomach group and Sinomach may pave the way for the future reorganization of the company with accurate data and other characteristics

according to the announcement, this related party transaction involves "two steps" of absorption and merger and equity custody. China automobile import and Export Corporation, a subsidiary of state machinery group, plans to absorb and merge China automobile Carrey and restructure it into a limited company as a whole. After the entrusted management and restructuring of state machinery automobile, Thomas swan will continue to develop, test and improve the performance of these materials, and become 100% equity of China automobile import and Export Corporation. The trusteeship period is from the effective date of the trusteeship agreement to the date on which Sinomach group transfers all of its 100% equity of China automobile import and export to the company or to a third party unrelated to Sinomach group. During the trusteeship period, the profits and losses of China automobile import and Export Corporation shall be enjoyed and borne by Sinomach group

as early as 2010, when the company launched a major asset restructuring, Sinomach began to plan to gradually put some of its businesses into listed companies

according to the announcement, the registered capital of China automobile import and Export Corporation was 117 million yuan, the net assets as of December 31, 2012 was 191 million yuan, the operating income was 79.7561 million yuan, and the net profit was -15.2985 million yuan. With a registered capital of 100million yuan, the net assets as of December 31, 2012 were 842million yuan, the operating income was 5.758 billion yuan, and the net profit was 50.5953 million yuan. The first quarter report disclosed by Sinomach on the same day showed that the company achieved a net profit of 162 million yuan in the first quarter, an increase of 92.55% year-on-year

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