Guideline: Considering that the annual investment yield of the Jingcheng Water Project is less than 6%, the First Shares issued an announcement on the evening of July 29 stating that it plans to transfer 51% of Jingcheng Water’s 51% equity in the company over 11 billion years ago to a price of 2.2 billion yuan. Beijing Urban Drainage Group. At the same time, Capital Capital intends to acquire a 51% stake in Suzhou Jiajing Environmental Protection with a total investment of 127 million yuan, and it will enter the water market in the villages and towns.
The path of Beijing’s state-owned asset reforms has become increasingly clear. Beijing’s state-owned company’s first-generation shares have recently moved frequently. The first shares announced on the evening of July 29 that they plan to transfer their 51% stake in Beijing Jingcheng Water Co., Ltd. (hereinafter referred to as Jingcheng Water), and the transfer price is planned to be 2.27 billion yuan. The intention is for the transferee to be Beijing Urban Drainage Group. limited liability company. At the same time, the company intends to acquire Suzhou Jiajing Environmental Protection Technology Co., Ltd. (hereinafter referred to as “Jiajing Environmental Protectionâ€) with a total investment of 127 million yuan. After the acquisition is completed, the company will hold 51% equity of Jiajing Environmental Protection.
It is understood that Jingcheng Water Department initiated the strategic investment of shares held by the company in 2003. The first shares passed the investment and successfully entered the water industry from a high starting point, laying a foundation for and fostering the leading position in the water industry in the later period. However, since the establishment of Beijing Water, with the constant adjustment of the functional orientation of Beijing, its sewage treatment standards have been continuously improved, and the return on capital investment in Beijing has been maintained at a low level of 4%-6%. In contrast to its striking contrast, the First Shares have gained a lot in the national water market in recent years due to their accumulated competitive advantages and good reputation. The yield of newly acquired water projects is basically at the level of 8%-10%, and will continue to expand in the future. .
In this context, in order to be able to gather sufficient funds to build already high-yield projects and prepare for the “Qianjing†good water market, Capital Capital’s disposal of its equity in inefficient capital Jingcheng Water’s equity is to better achieve Assets are optimally configured to enhance the company's real earning power.
The company's proposed acquisition of Jiajing Environmental Protection will benefit its further distribution of the village and town water market.
It is understood that Jiajing Environmental Protection is a joint-stock company that is committed to R&D, manufacturing, sales, installation, operation, and maintenance of rural sewage treatment plants. Its products have spread across more than 300 administrative villages and nearly 2,000 natural villages across the country. It is the only company in the country that can spread the sewage market to 20 provinces and cities nationwide. According to related data, there are a large number of small and medium-sized cities throughout the country, but the sewage treatment facilities are extremely scarce. Under the environment of protecting the green ecology and building a “beautiful Chinaâ€, the market for decentralized sewage treatment marked by the treatment of small town sewage is huge. After the completion of the acquisition, Capital Capital will leverage its industry leading position, substantial capital and strong market advantages, combine Jiajing's environmental friendly products, model advantages, and technical strengths to demonstrate its strength in the area of ​​wastewater treatment in rural areas and further improve its industrial chain. Get first-mover advantage.
As a leading enterprise in the domestic water industry, the first-stage water investment and engineering projects are distributed in 16 provinces, municipalities and autonomous regions across the country and a total of 40 cities have basically formed a nationwide layout. The company has a total of approximately 15 million tons per day. With a water treatment capacity of more than 30 million people, it ranks in the forefront of the domestic water industry. After more than 10 years of development, Capital Capital has continued to improve and enrich the “One Axis and Two Wings†industrial chain on the basis of continuing to maintain the leading position in the domestic water industry, and has established a “leading domestic urban environment with world influenceâ€. Integrated service providers' strategic objectives.
First Capital said that the acquisition of Jiajing Environmental Protection will expand its new growth pole, and the company will continue to make progress while taking into consideration both the actual benefits and the future value.
The path of Beijing’s state-owned asset reforms has become increasingly clear. Beijing’s state-owned company’s first-generation shares have recently moved frequently. The first shares announced on the evening of July 29 that they plan to transfer their 51% stake in Beijing Jingcheng Water Co., Ltd. (hereinafter referred to as Jingcheng Water), and the transfer price is planned to be 2.27 billion yuan. The intention is for the transferee to be Beijing Urban Drainage Group. limited liability company. At the same time, the company intends to acquire Suzhou Jiajing Environmental Protection Technology Co., Ltd. (hereinafter referred to as “Jiajing Environmental Protectionâ€) with a total investment of 127 million yuan. After the acquisition is completed, the company will hold 51% equity of Jiajing Environmental Protection.
It is understood that Jingcheng Water Department initiated the strategic investment of shares held by the company in 2003. The first shares passed the investment and successfully entered the water industry from a high starting point, laying a foundation for and fostering the leading position in the water industry in the later period. However, since the establishment of Beijing Water, with the constant adjustment of the functional orientation of Beijing, its sewage treatment standards have been continuously improved, and the return on capital investment in Beijing has been maintained at a low level of 4%-6%. In contrast to its striking contrast, the First Shares have gained a lot in the national water market in recent years due to their accumulated competitive advantages and good reputation. The yield of newly acquired water projects is basically at the level of 8%-10%, and will continue to expand in the future. .
In this context, in order to be able to gather sufficient funds to build already high-yield projects and prepare for the “Qianjing†good water market, Capital Capital’s disposal of its equity in inefficient capital Jingcheng Water’s equity is to better achieve Assets are optimally configured to enhance the company's real earning power.
The company's proposed acquisition of Jiajing Environmental Protection will benefit its further distribution of the village and town water market.
It is understood that Jiajing Environmental Protection is a joint-stock company that is committed to R&D, manufacturing, sales, installation, operation, and maintenance of rural sewage treatment plants. Its products have spread across more than 300 administrative villages and nearly 2,000 natural villages across the country. It is the only company in the country that can spread the sewage market to 20 provinces and cities nationwide. According to related data, there are a large number of small and medium-sized cities throughout the country, but the sewage treatment facilities are extremely scarce. Under the environment of protecting the green ecology and building a “beautiful Chinaâ€, the market for decentralized sewage treatment marked by the treatment of small town sewage is huge. After the completion of the acquisition, Capital Capital will leverage its industry leading position, substantial capital and strong market advantages, combine Jiajing's environmental friendly products, model advantages, and technical strengths to demonstrate its strength in the area of ​​wastewater treatment in rural areas and further improve its industrial chain. Get first-mover advantage.
As a leading enterprise in the domestic water industry, the first-stage water investment and engineering projects are distributed in 16 provinces, municipalities and autonomous regions across the country and a total of 40 cities have basically formed a nationwide layout. The company has a total of approximately 15 million tons per day. With a water treatment capacity of more than 30 million people, it ranks in the forefront of the domestic water industry. After more than 10 years of development, Capital Capital has continued to improve and enrich the “One Axis and Two Wings†industrial chain on the basis of continuing to maintain the leading position in the domestic water industry, and has established a “leading domestic urban environment with world influenceâ€. Integrated service providers' strategic objectives.
First Capital said that the acquisition of Jiajing Environmental Protection will expand its new growth pole, and the company will continue to make progress while taking into consideration both the actual benefits and the future value.
Chaff Cutter Machine,Silage Chaff Cutter Machine,Chaff Cutter Chopper Machine,Chaff Feed Cutter Machine
HUNAN JINSONG MACHINERY CO., LTD , http://www.sheller.nl