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Zoomlion: The acquisition of Case reports are purely false news

June 25, the media "Zoomlion chain Bureau, said Zoomlion For the acquisition of Case Corporation, and the associated sale of sanitation assets, earnings disclosure, the cash tight bank credit The problem was questioned. On the 28th, Zoomlion this end was held in Changsha, a press conference, the the Zoomlion vice president of Sun Changjun said: "Zoomlion acquisition of Case reports are purely false news.
 
The Zoomlion restructuring are according to the law regulations in accordance with procedures, diversified equity Zoomlion important factors for success, The 140 billion credit reflects the credit strength of the company as a whole. "
 
For the media questioned the global top three plans for the future, Sun Changjun said: "Since 2003, Zoomlion successful series of mergers and acquisitions program, in concrete machinery and lifting the two major business segments, so that the world's one of the best location, the future appears in the joint 2015 healthy target of 200 billion. "
 
For the story on Zoomlion will receive a sum not less than $ 3.2 billion in non-operating income, the use of money is the oldest acquisition of the global construction machinery enterprises --- Case guess Zoomlion said that the statement has been issued, a formal response: The company has never had any contact with the U.S. Case, the media reported on Zoomlion acquisition of Case, purely false news.
 
Economic Information Daily," the reporter was informed that another "Zoomlion comic Board" article mentioned in the Chinese Construction Machinery Industry Association, Honorary President, General Counsel Han Xuesong, also denied that the media, confirmed Zoomlion acquisition of Case.
 
Media reported June 25 diversified equity Zoomlion questioned, the report said: "Today's Zoomlion has been anti-parent company of Changsha Construction Machinery Institute close to the bag, though still as state-holding enterprises, but the proportion of state-owned shares After several rounds of dilution has been as low as 16.19% of the lowest level in history. "
 
Vanda said, associated with restructuring is carried out in accordance with the regulations in accordance with procedures in accordance with the law, equity diversification is an important factor of the joint success. ZOOMLION reform and restructuring in strict accordance with the laws and regulations, procedural fairness, and access to the audit and approval of the SASAC of Hunan Province, Hunan Province People's Government and the State Council, the SASAC.
 
In addition, equity diversification is more conducive to the company's standard governance is conducive to increasing the value of state assets, just 20 years of development, state-owned asset value 900 times. Equity diversified company integrating global resources to speed up the internationalization strategy of Zoomlion.
 
Sold for the media attention associated sanitation problems the Zoomlion earlier communication with the outside world through the press conference, this again to clarify: the sale of sanitation assets in order to focus the core business, the company decided to focus on the advantages of resources, sanitation machinery business faster growth, return on assets higher premium sale, boosting the construction machinery industry leaps and bounds.
 
The same time, the introduction of new shareholders, global resources, the reorganization of sanitation machinery business to promote the environmental protection industry in support of the new shareholders quickly stronger and bigger, the environmental protection industry leading enterprises, and this is the choice of the interests of shareholders.
 
Reported earnings for the Zoomlion chain Bureau disclosure, the cash tightening of bank credit credit while Vanda on the basis of previous reports and declarations, to reiterate, line of credit to reflect the associated credit strength from the Annual Report, published by a quarter of 2012, and associated assets in good condition, asset-liability ratio (51.4 percent) of monetary funds (17.7 billion) is the best performance of the Chinese construction machinery enterprises.




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