Pulp And Paper Research Institute Of China Sell 8.33% Stake Cai Lun Paper

Guangdong Cai Lun Paper Technology United Development Company has proposed to transfer 50

,000 yuan price of 8.33% of the state-owned shares, the transferor for the Chinese Pulp and Paper Research Institute. Before this, the industry is generally predicted by the internal and external factors, the paper industry in 2008 set off the trend of industry consolidation mergers. The share transfer or as a background of such a signal.

Transfer of information revealed that the company by the Chinese Pulp and Paper Research Institute of Light Industry Research Institute of Liaoning Province, Hunan Research Paper Co., Ltd., Shanghai Paper Research Institute of the National 12 provinces or municipalities and Paper Research Institute , Exchange and paper Test Equipment Plant together Investment The establishment of state-owned joint venture. After assessment, the total amount of 11.205 million yuan of enterprise assets, total liabilities 10,890,000 yuan, equity was 30.8 million, the target value of 25,700 yuan assessment.

According to Dean, chairman of China Cao Lei Jieshao paper, when the company set up by the 12 shareholders each invested 50,000 yuan, the total registered capital of 600,000 yuan. However, as years of poor business development, continuous losses, resulting in reduced equity. "As far as I know, the other shareholders two years ago began preparing for the sale of shares of thing."

Cao Lei said that as business loss, only the original owner's equity is almost half of the capital, so I hope soon to recover the original investment amount.

Business registration information, the company's main business for the paper industry research, development, paper-making technology Train And advice Service , Paper transfer of scientific and technological achievements, Paper Cutting and so on. But Cao Lei said that the company is mainly engaged in Paper products Trade services. In addition, its subsidiary's paper the main processing plant Office Series paper. However, since its inception, the business has been less good. Data show that in 2007, the company's main business income of 35.29 million yuan, net profit of only 45,000 yuan.

According to the person in charge of the project, Ting Chen, Guangzhou Property Exchange, currently come to the consultation paper companies Cai Lun not many people share transfer information. But other data show that property rights are currently over the transfer of paper for exchange-listed companies more information.

Previously published in the Development and Reform Commission, "the paper industry industrial policy" in an explicit proposal to encourage domestic enterprises to trans-regional, inter-departmental, cross-sectoral, cross-ownership of the merger and reorganization, and strive to cultivate an annual output of 5-10 families capacity of 300 million metric tons and has the characteristics of professional and international competitiveness of large enterprise groups.

China Paper Association, said the Secretary-General Zhao Wei: "The re-acquisition will raise the degree of industry consolidation, merger of small businesses being absorbed, which makes industrial concentration increased in order to increase the bargaining power industry."

Pulp And Paper Research Institute Of China Sell 8.33% Stake Cai Lun Paper

By: xxyxy

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