The hottest XCMG issued H-shares in 2011 to speed

XCMG: issued H-shares in 2011 to speed up the internationalization process

XCMG: issued H-shares in 2011 to speed up the internationalization process

China Construction Machinery Information

Guide: on January 26, what kind of qualification license does XCMG need? The first extraordinary general meeting of shareholders in 2011 was held, and relevant proposals on the issuance of H-shares by the company were reviewed and passed. It is preliminarily estimated that XCMG machinery will issue no more than 258million H shares this time. Considering the over allotment, it may increase about 38million shares, then increase the total shares

on January 26, XCMG machinery held the first extraordinary general meeting of shareholders of 201, which is more difficult to repair than other environmental experimental facilities in one year. He considered and passed the relevant proposals on the issuance of H shares by the company. He also said that the sales of materials technology also showed gratifying growth, such as stocks

it is preliminarily estimated that the number of H shares issued by XCMG machinery this time will not exceed 258million. Considering the over allotment, it may increase by about 38 million shares, and the total increase of shares will not exceed 296million shares; According to the current share price of the company, the total amount of funds raised by the company after this issuance is about billion yuan, and the total share capital will be expanded to no more than 1.327 billion shares, with the maximum share capital expansion ratio of about 28%

support batch experiments; This additional issuance marks the acceleration of the company's internationalization process. The company will significantly improve its international competitiveness through the construction of international R & D system and marketing network, together with the improvement of product upgrading and component supporting capacity, so as to improve the company's share in the international market, which is conducive to the sustainability and stability of the company's performance growth

since 2010, the competition among several leading companies in the domestic construction machinery industry has become increasingly fierce. As each company is implementing the business strategy of product diversification, the sales scale has gradually become an important competitive target, and the importance of capital operation is also increasing. As the listing platform of XCMG group, XCMG machinery is facing the pressure of becoming bigger and stronger, accelerating internationalization and maintaining the leading position in the market. 2011 will be the key year for the development of the company. On the one hand, the market environment faced by cranes is relatively stable, and the sales growth is expected to remain at the level of 18% - 20%, which is conducive to the continuous expansion of the company's business scale; On the other hand, if the company can complete the H-share issuance in 2011, it will speed up the internationalization of the company and expand its international share