"China Aluminum Network" loss for two consecutive years and "Phi-star hat" * ST Chang aluminum to find new profit growth point, and then play cross-border mergers and acquisitions, this time targeting the medical industry.

*ST Chang Aluminum announced on the evening of Nov. 7 that the company plans to privately issue 199.9 million shares and some cash at a price of 5.06 yuan per share, and bid 1.01 billion yuan to acquire 100% equity of Langmai, at the same time, at 4.88 yuan per share. The price of 69.125 million shares was issued to raise 33.33 million yuan in supporting funds.

The announcement shows that the main business of Langmai is to provide customized professional technical services for the “clean area” project of pharmaceutical companies. The services cover clean pipeline systems, automatic control systems, clean industrial equipment, design consulting and GMP verification, clean area systems and The overall solutions, and its downstream customers include Yangzijiang Pharmaceutical, China Pharmaceutical Group, North China Pharmaceuticals, Roche Pharmaceuticals, Fosun Pharma and Yunnan Baiyao.

In terms of financial data, as of July 31, 2014, the company's total assets were 531 million yuan and its net assets were 166 million yuan. Its 2012, 2013 and January-July 2014 operating revenues were 247 million yuan respectively. 331 million yuan and 237 million yuan, net profit were 5,169,300 yuan, 33,443,310 yuan and 27,544,800 yuan.

The assessment value of Langmai Co., Ltd. as of July 31, 2014 was RMB 1.012 billion, which represented a 510% increase in the book's equity attributable to the company's owners. The original shareholder of Longmai shares promised that the net profit of Landmark's shares in 2014, 2015 and 2016 will be no less than 68.30 million yuan, 78.6 million yuan and 87.9 million yuan, respectively.

In addition to the acquisition of shares in Longmai, the funds of 33.733 million yuan to be funded in this round will be mainly used to increase the capital of Longmai (using 230 million yuan), the remaining funds will be used to return part of the long-term liabilities of listed companies (using 90 million yuan) and this payment Restructuring of intermediary costs and mergers and acquisitions integration costs.

The company stated that in the future, it will also develop aluminum rolling processing, medicine and medical and health services.

This cross-border M&A is not the first time for *ST Chang Aluminum. It is understood that starting from July 2013, the company has contacted no less than six target companies, and the target companies for mergers and acquisitions include non-ferrous industry companies, light asset-based films and video games, and mobile game companies, of which only the acquisition of Shandong Xinheyuan was successful.

This time, the acquisition of Langmai shares is also difficult, and the stock price changes before the suspension are the first to bear the brunt. According to the announcement, the company has taken confidentiality measures in accordance with relevant regulations, but this restructuring may still be suspended, suspended or cancelled due to abnormal fluctuations in the company's stock price or abnormal trading of the company's shares may be suspected of insider trading.

Steering Racks Bearing

The wheel Hub Bearing , also called hub assembly, wheel hub unit or hub and bearing assembly, the wheel hub assembly is a crucial part of your steering system contributing to the safe steering and handling of your vehicles.
Wheel bearing is applied to automobile axle to load and provide accurate guide components for the rotation of the wheel hub, both bearing axial load and radial load. It has good performance to installing , omitted clearance, light weight, compact structure, large load capacity, for the sealed bearing prior to loading, ellipsis external wheel grease seal and from maintenance etc. And wheel bearing has been widely used in cars, in trucks also has a tendency to gradually expand the application.


OUR MAIN PRODUCTS
We manage in all kinds of ball bearings and roller bearings,such as
1.Deep Groove Ball Bearing
2.Self-aligning Ball Bearing
3.Cylindrical Roller Bearing
4.Spherical Contact Bearing
5.Angular Contact Bearing
6.Tapered Roller Bearing
7.Auto Engine Valve
8.Auto Parts Piston And Ring

If you have any request for Clutch Bearing ,please chat with us in your free time!!
Packing:
1.Industrial tube packing + cartons + pallets
2.Individual colorful or white box + carton + pallets
3.As the clients' requirement
Shipping
1.Less than 45 KGS, we will send by express. (Door to Door, Convenient)
2.Between 45 - 200 KGS, we will send by air transport. (Fastest and safest, but expensive )
3.More than 200 KGS, we will send by sea. (Cheapest and usual)




Dac5378 Automobile Hub Bearing,Qj210Lb Bearing,Cw509024 Bearing,Baq-3954Ab Bearing

Shijiazhuang Longshu Mechanical & Electrical Equipment Trading Co., Ltd. , https://www.lsjgbearing.com

Posted on