2010 central task of corporate restructuring is not completed.
Next, the path will become clear.
years ago, part of the shares is expected to soar! Confidential! Market institutions will soon be reversed capital flows have changed dramatically! Main layout of the new money is plotting the establishment of the new holding
States, settled in the strategic Minmetals initiatives, the establishment of Minmetals shares, etc., so confusing Minmetals recombination closer.
2010 11 4, a new holding Chinese State Administration for Industry limited liability company to obtain approval of enterprise name, a birth on the market called
2010 12 20 December, announced the China Minmetals Group, Minmetals Development Co., Ltd. was established Minmetals news. States accounted for 2.5% stake in the new holding.
Minmetals Group, as the central focus of corporate reorganization, restructuring path seems to be more clear. Sources said the new holding will replace the other countries the central level, to become a strategic investor Minmetals shares, so that the overall market Minmetals shares the goal from close to a lot.
on the capital market, the overall listing of the shares Minmetals is not increased by a listed central enterprises, but rather with the overall market shares of start-Minmetals Minmetals Group's eight listed companies will be integration between the lines.
stripping of rare earth, creating six business centers
present, Minmetals Group Holdings five A shares and three H-share listed companies, while a number of unlisted resources, business major covers ferrous metals, nonferrous metals, financial services, real estate, logistics and other industries.
although industrial diversification, but the ferrous and nonferrous metal is the core of Minmetals Development. Statistics show that five A-share listed companies, Minmetals Development (600058.SH), Rui Technology (600390.SH), * ST Guanlu (600051.SH), * ST tungsten (000657.SZ), strain MCC (600961.SH) all the colored and black metal is the main business, Minmetals Resources (01208.HK), Minmetals Land (00230.HK), Hunan Nonferrous Metals (02626.HK) three listed companies engaged in Hong Kong stocks mostly associated with the non-ferrous metals and other mineral resources.
close to Minmetals Group, told financial weekly newspaper reporter, Minmetals Group, the direction of future development should be some things, non-ferrous metals and ferrous metals will continue to be the main direction of Minmetals, The Minmetals rare earth resources is likely to be integrated into the country's new company, to create the new company by the State,
In fact, the country's new company The same fate with Minmetals was also in the rare earth aluminum company's rare earth resources, the source also said the country after the new company will be held in the same way the overall listing of China's aluminum platform, part of the shares.
and Minmetals is not listed as a whole because it easy to stripping of rare earth resources. 5% stake in Minmetals more than 12 A shares, H shares, Australian shares among listed companies, cross-business, competition problems are not uncommon, the lack of synergy between subsidiaries Minmetals has been solved problems.
Shanghai researcher at a large brokerage said that if Minmetals shares available this year, prior to listing a number of listed companies is bound to its integration, allocation of resources to re-sort.
Minerals shares under the chairman Zhou Zhongshu statement, shares in the future Minmetals Nonferrous will be reorganized into existing operations, mining black, black distribution, technology, finance, real estate construction of six major business centers. The restructuring and sort out among the department's Minmetals any action can become the object of sensation in the market.
hole is not to the wind, being institution Minmetals Development stir
as the largest, Minmetals's only integrated steel distributor and supplier of metallurgical raw materials, Minmetals Development to be coopted to the shares owned Minmetals, a platform for the overall market share an important part of Minmetals.
Minmetals Minmetals shares shares held by the China Minmetals Group, 96.5% of the shares. Share capital will be made after Minmetals Minmetals Development 62.56% of the shares.
Minmetals Minmetals Development into the news of a share, capital markets reacted strongly to that last December 22 Minmetals Development issued mine development in the A-share market to achieve the overall listing plan, no injection of assets to the Minmetals Development major asset reorganization,
non-ferrous metals industry researcher at Thomson Securities, said Wang Huachun, Minmetals Development's share price has not be explained by fundamentals, but news of the release of the different impact of Minmetals Development to become a major factor in stock prices.
fact, subject to price fluctuations in steel products, the profitability of Minmetals Development has been fluctuations. Net profit of 1.4 billion yuan in 2007, the 2008 net profit fell 38%, 70% drop in net profit in 2009, although the first 3 quarters of 2010, net profit increased by 108%, but the third-quarter operating income growth rate of 46.99% , is slowing down compared with the first half, consolidated gross profit margin of only 1.09%.
However, as the only steel trade enterprise's Minmetals Minmetals Development will become the steel and metals smelting of the most important trade platform for the future does not rule out the possibility of asset injection.
non-ferrous metals analyst with Galaxy Securities, said Chen Lei, 2011, China Minmetals Group as a whole will be the first year after the reform, Minmetals Development has introduced to the steel flow of the supply chain as the core system as the core value-added services adjustment of development strategy implementation plan to reduce the environmental impact of change on the company to achieve stable growth performance.
Jinrui technology assets into the expected strong
with Minmetals Minmetals Development also been incorporated into the shares, there are other public listed companies. According to announcements of listed companies, Minmetals shares set up, has been held by Rui Technology 41.34% stake in Xiamen Tungsten 20.58% stake, * ST Guanlu 29.9% equity stake SDG Information and Gan Feng 6.34% 5.66% stake Lithium .
Although the companies have overlapping main business, the future be forced out or have assets into difficult to ascertain. But Wang Huachun told financial weekly newspaper reporter, according to Minmetals Group, the industrial layout, Rui technology is now relatively clear platform of assets into the future.
present, Rui technology already has EMM → → from manganese carbonate manganese oxide manganese series of industrial chain. Plan before the announcement of additional Rui Technology also corroborated Wang Huachun of the judge. Minmetals shares after the establishment of 9, last December 25, Rui Technology 2336 announcement that non-public offering of shares for acquisition of manganese and its technological transformation Taojiang expansion project and annual output of 30,000 tons Manganese Investment Haven Manganese technological transformation expansion project, in which the controlling shareholder of Changsha Mining and Metallurgy Institute is committed to subscribe in cash 50 million yuan of non-Rui Technology The public offering of stock.
Beijing, a private equity have also said the private placement is significant, clarified Jinrui Minmetals Group technology in the future will be the platform for the positioning of manganese assets, the follow-up plans from the company point of view, does not exclude manganese-related assets to continue into the future and to the power class of business expansion possible.
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