Waigaoqiao Shipbuilding Acquired Zhangjiagang Shenghui Gas Chemical Equipment

On December 11, Shanghai Waigaoqiao Shipbuilding Co., Ltd. acquired a 26% stake in Zhangjiagang Shenghui Gas Chemical Equipment Co., Ltd. held by Zhangjiagang Lianzhong Investment Co., Ltd. in cash by means of “agreement transfer”. The purchase price was 13,468. Ten thousand yuan.
After the completion of the acquisition, Zhangjiagang Lianzhong Investment Co., Ltd. holds 44.41% of the shares of Shenghui Gas Chemical Equipment Co., Ltd., Shanghai Overseas Takahashi Shipbuilding Co., Ltd. holds 26%, and China Shipbuilding (Hong Kong) Shipping Leasing Co., Ltd. holds 25%, Zhangjiagang City Jinmao Venture Capital Co., Ltd. holds 4.59%.
Zhangjiagang Shenghui Gas Chemical Equipment Co., Ltd. is engaged in the production, installation and commissioning of pressure vessels and their complete sets of equipment; production and installation of chemical, metallurgical, petroleum, natural gas, power station and marine equipment, production and installation of civil metal structural parts; Production of parts, forgings, building materials, and metal materials. With manufacturing experience in low-temperature gas equipment such as LNG, “Shenghui Equipment” is the industry leader in LNG-based cryogenic storage and application equipment. The company's 2012 net profit was 48.88 million yuan.
Through this acquisition, Waigaoqiao Shipbuilding will quickly enter the field of small and medium-sized LNG products, forming a complete solution for small and medium-sized LNG, and is expected to form the entire industrial chain of LNG transportation equipment, storage equipment and terminal equipment, prompting the company to quickly and highly. Enter the field of energy equipment. According to the relevant agreement, China Shipping (Hong Kong) Shipping Leasing Co., Ltd., the other shareholder of the target company, will act as the concerted action of “Waigaoqiao Shipbuilding” and “Waigaoqiao Shipbuilding” will gain control over the “Shenghui Equipment”. right.

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