| Recently, news came from the Guangxi United Assets and Equity Exchange that Guangxi Yuchai Machinery Group Co., Ltd. has transferred 55% of the state-owned equity of Guangxi Yulin Yuchai Daye Machinery Parts Co., Ltd., which is listed at a price of 11.566 million yuan. The listing time is November. 11th to December 8th. Supplier access In the listing announcement, Yuchai Group emphasized that the intended transferee must be a machinery industry enterprise with a registered capital of not less than 30 million yuan and be a Yuchai supplier. From this we can see that Yuchai Group did not completely abandon Yuchai Daye Company. The company's chairman, general manager and legal representative Li Bo holds the remaining 45% of the shares of Yuchai Daye Company. The listing announcement showed that Yuchai Daye Company was established in January 2003 and is mainly engaged in the production and sales of oil coolers, steel components, diesel transport brackets and diesel generators. Yuchai Daye Company owns a branch company and two subsidiaries, a branch company based in Nanning to support the steel components business of Guangxi Yuchai Special Automobile Co., Ltd. In addition, the company also holds Guangxi Yulin Aobo Engine Electronics Co., Ltd. 25% equity and 20% equity of Guangxi Yulin Yuchai Electric Vehicle Manufacturing Co., Ltd. As of June 30, 2008, the company's total assets were 10,118.28 million yuan, total liabilities 78,291,100 yuan, minority shareholders' equity 1,869,600 yuan, and net assets 20,921,100 yuan. During the assessment process, the value-added of assets was 108.239 million yuan. At present, Yuchai Daye Company still owes a total amount of approximately 29.81 million yuan to the Yuchai Group. After the equity transfer is successful, the new company must be fully repaid within 4 years. In addition, the economic compensation involved in employee placement totals approximately 1.9 million yuan, of which Yuchai Group Corporation bears approximately 1.5 million yuan, and Yuchai Daye Company undertakes approximately 400,000 yuan. According to a public announcement, after successful equity transfer, if a new company agrees to pay trademark use fees to Yuchai Group 1% per annum of sales revenue, it can continue to use Yuchai's trademarks and characters within 4 years. The specific rules are for new companies and jade. The trademark use contract signed by Chai Group shall prevail. Yuchai Group or will shrink the battle line Industry analysts believe that the Yuchai Group's sale of a 55% controlling stake in Yuchai Daye Company may indicate the shrinkage of the Yuchai Group’s business front. This year, commercial vehicle sales have continued to decline, diesel engines have also been implicated, and Yuchai is doing “ "Cat winter" preparation. According to reports, Yuchai Group currently has 33 wholly-owned, controlled, and shareholding subsidiaries, employing 16,000 people and total assets of 13.4 billion yuan. It is known as the world's largest independent diesel engine production base. The Yuchai Group website describes that the core business of the Group currently consists of six major segments including diesel engines, construction machinery, auto parts, automotive chemicals, logistics and electromechanical and special-purpose vehicles. However, the actual core of the actual Yuchai Group is only the diesel engine and construction machinery business. The automotive parts and components division of Yuchai Dashi Industry Co., Ltd., although the largest number of companies, has reached 13, but the strength is not strong. Most of them are parts and components companies or sales companies supporting diesel engines. Therefore, Yuchai Group chose to shrink the front line from the parts and components business. It is actually recycling resources and consolidating its core business. |
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