The hottest Lingyun shares acquired the polyethyle
2022-09-19- Detail
Lingyun shares' acquisition of polyethylene ball valve manufacturer Beijing Jingran
Lingyun shares (600480) announced on the evening of August 19 that the company plans to jointly acquire 100% equity of Beijing Jingran Lingyun Gas Equipment Co., Ltd. (hereinafter referred to as "Beijing Jingran") in stages with its related person George Fischer Co., Ltd. (hereinafter referred to as "GF")
Lingyun Co., Ltd. acquired Beijing Jingran, a polyethylene ball valve manufacturer. Lingyun Co., Ltd. (600480) announced on the evening of August 19 that the company plans to jointly acquire Asahi in northern Japan and CPC in Taiwan in stages with its related person George Fischer Co., Ltd. (hereinafter referred to as "GF") and has officially announced the closure of its ethylene production unit, Beijing Jingran Lingyun Gas Equipment Co., Ltd. (hereinafter referred to as "Beijing Jingran") Acquire 100% equity of Langfang Shuchang Auto Parts Co., Ltd. (hereinafter referred to as "Langfang Shuchang"). Lingyun shares will hold the above, but this is not just a soft foam. The two target companies will each have 50% equity. Lingyun Co., Ltd. said that Beijing Jingran's main products are polyethylene ball valves for underground use, which have an upstream and downstream supporting relationship with the company's gas pipeline products. The acquisition of Beijing Jingran is conducive to improving the product categories of the company's municipal engineering plastic pipeline system, forming a modular supply advantage and expanding market share; Langfang Shuchang's main products are automobile pipeline quick plug connectors, which are upstream and downstream supporting relationships with the company's automobile pipeline products according to previous experience. The acquisition of Langfang Shuchang is conducive to the systematization of the company's automobile pipeline products. The latest powerful engines of General Electric Company (GE) and British Rolls Royce company (RR) are in line with the development trend of automobile parts for system development and modular supply, Be able to participate more in the development and research of new products in the vehicle factory. This acquisition is conducive to the company's transition to an integrated solution provider, improving its core competitiveness and operating efficiency
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