Baoguang shares in low-voltage switchgear to be stripping the overall business
Baoguang shares to be low voltage switching operations by companies who actually control the whole West Electric Group, stripped from the company, this sale of assets the transferee as a wholly owned subsidiary Western Electric Western Electric Group, Baoji, the switch to be sold this business and related 5,840 million in total assets transaction price.
Baoguang shares (600,379) March 30 announcement that the company who actually control the Western Electric Corporation of China to fulfill low-pressure switch in the business does not compete with the company's commitment to the industry and to achieve its business strategy in the low pressure switch layout West Electric Group intends to companies in the business as a whole to divest low-voltage switch.
The transfer of assets help the company focus on superior resources and concentrate on expanding the production of vacuum interrupter and sales, the company plans to use the section of this transfer of assets into industrial projects, improve the company's equipment level, the further extension of the vacuum interrupter industrial and focus into solid sealed vacuum interrupter pole market development projects, high-speed railway will also be put into research and development projects related to switching equipment.
The sale of assets of the transferee in the Western Electric Co., Ltd. Baoji, West Electric Group, a wholly owned subsidiary. The base date of the sale of assets based on assessment of the proposed sale of the company's switch business and related assets, the net asset value of the transaction price, a total of 5,840 million.
Since this peeling switch operations net profit was not high on the income and asset situation of no significant adverse effects; because the spin-off switching operations, in the short term revenue growth could bring some influence, when the company fixed a vacuum seal pole interrupter projects and high-speed railway-related switching equipment is put into normal operation, the operating income would have been filled.
Baoguang shares (600,379) March 30 announcement that the company who actually control the Western Electric Corporation of China to fulfill low-pressure switch in the business does not compete with the company's commitment to the industry and to achieve its business strategy in the low pressure switch layout West Electric Group intends to companies in the business as a whole to divest low-voltage switch.
The transfer of assets help the company focus on superior resources and concentrate on expanding the production of vacuum interrupter and sales, the company plans to use the section of this transfer of assets into industrial projects, improve the company's equipment level, the further extension of the vacuum interrupter industrial and focus into solid sealed vacuum interrupter pole market development projects, high-speed railway will also be put into research and development projects related to switching equipment.
The sale of assets of the transferee in the Western Electric Co., Ltd. Baoji, West Electric Group, a wholly owned subsidiary. The base date of the sale of assets based on assessment of the proposed sale of the company's switch business and related assets, the net asset value of the transaction price, a total of 5,840 million.
Since this peeling switch operations net profit was not high on the income and asset situation of no significant adverse effects; because the spin-off switching operations, in the short term revenue growth could bring some influence, when the company fixed a vacuum seal pole interrupter projects and high-speed railway-related switching equipment is put into normal operation, the operating income would have been filled.
Author: yoyo
