Cross Axle Manufacturer Wan Xiang Qian Chao A shares




A few days ago, the reporter learned that Wanxiang Qianchao (000559) issued an additional A shares online today. According to the announcement, Wanxiang Qianchao (000559) issued no more than 200 million A shares will be given priority to the company’s original shareholders, and the rest will be conducted in a combination of online and offline pricing and issuance. The original shareholders of the company may exercise the preferential right of subscription at a ratio of 10:1.8 according to the number of shares held in the register after the market was closed on April 6, 2010. The ratio of the issuance of online issuance on the Internet or offline is 50%:50%. If an oversubscription is obtained, the effective purchase of the original shareholder’s preferential rights of the company will be fully paid, the issuer and the sponsor (the main The underwriters will make two-way call-backs on the default online and offline issuances based on the subscriptions of the additional investors, in order to achieve a higher percentage of the A shares under the offline subscription than those under the B offline subscriptions. The ratio between the placing of the next Class B subscription and the proportion of online placement tends to be the same.

According to the announcement, the date for the issuance of additional investors is: April 7, 2010, the suspension of the company's shares from April 7, 2010 to April 9, 2010. The minimum number of subscriptions for each investor participating in online subscription is 1 share, and the maximum number of subscriptions (including the preferential subscription rights) is 100 million shares. The purchase of online stocks is abbreviated as "Wanxiang Addition" and the subscription code is "070559". Each stock account can only be purchased once.

Wanxiang Qianchao is a listed company which is controlled by Wanxiang Group to manufacture and sell auto parts. Wanxiang Qianchao is committed to the manufacture and sales of automotive parts. From parts to parts, to system assembly, the company has developed into a group of auto parts manufacturing companies with independent development capabilities, core manufacturing technologies, and complete testing methods. Production base. The predecessor of the company was the Hangzhou Wanxiangjie Plant, which was restructured in 1992. The sponsor's net assets and cash investment were sponsored as 7.90.0888 million legal person shares. After the initial public offering in December 1993, the company had 10,090,088 shares in total at the time of listing. 255 million shares of employee stocks were listed on September 29, 1994.

Wanxiang Qianchao Co., Ltd. mainly produces constant velocity joints, car shock absorbers, automotive bearings, special bearings, automotive, cross-joint universal joint assemblies, automobile brake systems, differential cross shafts, and joints for construction machinery. Into, automotive rubber seals, rolling elements and other auto parts.

In 2005, the "Qianchao (QC)" trademark was rated as China's well-known trademark. In the same year, "Wanxiang" brand bearings were recognized as China's famous brand products. In 2006, it won the National Quality Award and the "Wanxiang" brake system was recognized as a Chinese brand name product. "Qianchao QC" brand bearings were identified as "the most market competitive brand." In 2007, "Qianchao QC" brand universal joints won the world famous brand products in China, and Wanxiang won the award of the China Industry Award.

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General

 

 

 

Model

 

CX15/25

Power Type

 

Electric

Operate Type

 

Seated

Service Weight(Tank empty/full)

kg

950/1850

Overall Dimension

 

 

 

Dimension

L×W×T

mm

3650×1400×1770

Wheelbase

mm

2330

Min Ground Clearance

mm

140

Wheel Track Front/Rear

mm

1160/1150

Tank Capacity

L

900

 


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