XCMG Machine is Setting Up a Merger and Acquisition Fund
XCMG Machine(徐工机械) has announced that it is planning to invest CNY 5.1 billion to set up a merger and acquisition fund in the industrial field. The total scale of this fund is CNY 10.01 billion, and it will be utilized to promote the firm's high-quality development.
China Innovative Capital Management Limited (中新融创资本管理有限公司) is supposed to be the manager of this merger and acquisition fund, and its significant shareholder is TCL. Further, XCMG is triggering the reform toward a mixed system.
Briefing Nov 20, 2020 11:56 AM
Xugong machinery one belt, one road and more than 65% of the company's exports are currently on the market.
Briefing Nov 16, 2020 02:09 PM
· Industrials
Gaoshi technology has obtained the official commercial order of "the first set" of miniled AOI wafer detection system with industry chain certification in China
In depth
Industrials
The Upgrading of the Manufacturing Industry Brings Opportunities to Beiren
The next five to ten years will be a critical period for the manufacturing industry's upgrading, automation and intelligence transformation, which will provide the industrial robot company Beiren with an unprecedented chance to advance.
Nov 17, 2020 09:46 PM
Briefing Nov 05, 2020 10:38 AM
· Industrials
BlackRock Is Holding around 0.203 Billion Stocks of China Tower
Briefing Nov 05, 2020 10:35 AM
· Industrials
China Tower’s Operating Income Is Expected to Grow 7% to 8%
Research
Real Estate, Consumer Discretionary, IndustrialsTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Consumer Staples, Industrials, FinancialsLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Apr 19, 2020 03:12 PM
Mar 19, 2020 04:05 PM
Briefing Nov 04, 2020 02:06 PM
· Industrials
BLT Increases Its R&D Investments
Briefing Nov 04, 2020 02:03 PM
· Industrials
HYC’s Net Profits Rose 23.73% as a Result of Consumer Electronics’ Upgrading
Briefing Oct 31, 2020 12:00 AM
· Industrials
XCMG: Earned Net Income CNY 2.43 Bn from Q1 to Q3, Down 19.4% YoY
Briefing Oct 29, 2020 11:39 AM
· Industrials
SASAC and ETIC Held IIoT and Digital Transformation Meeting in Shanghai
Briefing Oct 22, 2020 04:15 AM
· Industrials
zhaogang.com’s Logistics Platform – Pangmao Was Awarded 4A Level Network Logistics Platform
Briefing Sep 25, 2020 02:43 AM
· Industrials
XCMG has been Evaluated as Buy Rating
Briefing Sep 08, 2020 11:21 AM
· Industrials
XCMG’s Stocks are Terminated
Briefing Aug 07, 2020 04:52 PM
· Industrials
The Balance of XCMG Machine’s Funding has Reached its Highest Level
Briefing Aug 05, 2020 03:25 PM
· Industrials
XCMG Machine has High-Quality in Military Equipment
Briefing Jul 21, 2020 09:46 PM
· Industrials
It Will be an Eruption for XCMG Machine This Year
Briefing Jul 15, 2020 06:26 PM
· Industrials
XCMG Machinehas Put Large Amounts in New Infrastructure Projects
See more
Read next
In depth
Insight
In depth
Industrials
From Offline to Online: China's Construction Industry Boosted by E-commerce
Nov 23, 2020 12:05 PM
Industrials · Analysis
HYC Is Expanding Its Business and Tech Profile, Seeking to Improve Profitability
Nov 23, 2020 10:31 AM
EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.