Category: Money tips Release Date: 2007-02-21
Source: Shanghai Securities News Author: Jiang Fan
As the stock price change on the way to the market is very tempting, "Foreign mergers and acquisitions + assets restructuring," so even if the Glory of shares in the first half of 2006 the business has been lackluster at all, and in July 15 announcement, "is expected in 2006 1 -6 month of losses will occur ", the company since July 10 after the resumption of the five trading days, shares or a pull-out five consecutive daily limit, which in the broader market fell 84 points, 13 are still stubborn to massive closures in the limit - indeed the market attention.
Although the company is China's production of vacuum interrupter and vacuum switching equipment, the focus of high-tech enterprises, and 2005 annual reports and a quarterly in 2006 also showed that the company's vacuum interrupter production and sales maintained the country's No. 1 market share position, However, the company has not been bigger and stronger, the company has been the general trend of transformation. From February 16, 2006 the company made the transfer of circuit breaker operations and related assets, focus Vacuum Interrupter product development and marketing, highlighting the competitiveness of core technology in the field of vacuum interrupter become bigger and stronger decision-making, the company's share price in the form of rose the most positive response.
Although the company as early as April 28 In the future, because of share reform program announced suspensions, and currently introduced in Unit 10 Zhuanzeng reform program is equivalent to 2.3582 shares for every 10 shares of the shareholders received 1.5 shares of the price of the program is also not particularly be appealing. But when the June 27, 2006, one of the world's top 500 enterprises, with Merlin Gerin distribution equipment, and other global leading brand of Schneider Electric (China), the transferee company's 43.04 percent stake in the company's largest shareholder; the same time Board of Directors on June 30 valley production unit the company's assets and holds Shaanxi Baoguang Ceramic Technologies 82.629% of the shares transferred to Shaanxi Baoguang Group Co., Ltd.; agreed to disk cabinet business and related assets restructuring, increase in corporate The current benefits and the formation of the cash flow and improve the company's cash flow position, the company transformed itself changes have taken place. On the one hand highlights the company's asset rationalization program, the main industry and increase the company's profitability and competitiveness, on the other hand Schneider took over the company, they will use in the vacuum interrupter and technical management experience in the area's advantages, make every effort to assist companies become the world's species more complete, larger scale, good quality research and development of vacuum interrupter manufacturing enterprises. In view of this, we believe that the company's stock could be actively involved in reform.
