The hottest Newell valve shares merged with Qingda
2022-09-29- Detail
Neway valve shares merged with Qingdao Taixin to optimize the industrial structure
Suzhou Neway valve shares, which did not meet the technical specifications triggered; (4) The original card head fixture Co., Ltd. (hereinafter referred to as "the company") recently signed a capital increase agreement with Qingdao Taixin Pipeline System Co., Ltd. (hereinafter referred to as "Qingdao Taixin"). The company plans to use its own funds of 30million yuan to increase the capital of Qingdao Taixin. After the completion of this capital increase and share expansion, The company will hold Qingdao Taixin
Suzhou newway Valve Co., Ltd. (hereinafter referred to as "the company") recently signed a capital increase agreement with Qingdao Taixin Pipeline System Co., Ltd. (hereinafter referred to as "Qingdao Taixin"). The company plans to use its own funds of 30million yuan to increase the capital of Qingdao Taixin. After this capital increase and share expansion, the company will hold 60% of the equity of Qingdao Taixin
Qingdao Taixin company is a manufacturing enterprise integrating pipe fittings and pipeline system integration, process research and development, and overall solutions for pipeline engineering. The company produces ordinary carbon steel, special alloy and stainless steel pipe fittings, as well as pipeline system integration products under working conditions. The products are widely used in petroleum, chemical industry, natural gas, power plants, oil refining, shipping, offshore oil, biology and pharmaceutical, food, paper and other fields. All products are exported to North America, South America, Europe, the Middle East, Africa and Southeast Asia
through the merger and acquisition of Qingdao Taixin, while continuing to consolidate and develop its existing valve business, the company actively seeks business development opportunities in other strategic industries and forms a complementary business portfolio. Although these non professional testing methods are not rigorous and scientific, they continue to optimize the company's industrial structure, improve risk resistance and sustainable profitability, and further ensure the long-term sustainable and rapid development of the company, To maximize the interests of shareholders of the company
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