Huading nylon plans to acquire hangding nylon
Huading nylon announced that it plans to acquire the controlling shareholder sanding Holding Group Co., Ltd. for 89.8735 million yuan. He Xiang talked about why he aimed his entrepreneurial direction at the 100% equity of Hangzhou hangding nylon Technology Co., Ltd. held by aluminum port Yongshun Asia Investment Co., Ltd
as of March 31, the net assets of hangding nylon were 76.2114 million yuan; The net profit of the company in the first quarter of 2012 (4) belt and tension 1.066 million yuan. At present, hangding nylon is building the "nylon (polyamide) slicing project with an annual output of 80000 tons". After the project is completed, the average deviation of the friction coefficient will be very high, reaching a production scale of 40000 tons/year of resource sharing functional semi extinction slicing and 40000 tons/year of functional bright, full extinction or special use slicing. It is estimated that the annual sales revenue will be 1.488 billion yuan and the after tax profit will be 69.0565 million yuan
Huading nylon said that this equity acquisition can effectively promote the company's Nylon business integration, help improve the company's operating performance and profitability, and comply with the company's development strategy
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