The hottest Liugong invested 12.6 billion to build

2022-08-09
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Liugong invested 1.26 billion to build Wuxi base into the ranks of international construction machinery

Liugong invested 1.26 billion to build Wuxi base into the ranks of international construction machinery

China Construction machinery information

Guide: Liugong announced that in order to establish a R & D and manufacturing base for road machinery series products including road rollers, pavers, milling machines, etc. in eastern China, attract talents, improve supporting efficiency and radius, To improve the follow-up development space and overall competition of Liugong road machinery, it is easy to be oxidized by oxygen in the air. The company is ready to invest in the construction of Liugong Wuwu

Liugong announced that in order to establish a R & D and manufacturing base for pavement machinery series products including road rollers, pavers, milling machines, etc. in eastern China, attract talents, improve supporting efficiency and radius, and enhance the follow-up development space and overall competitiveness of Liugong pavement machinery, the company is ready to invest in the construction of "Liugong Wuxi R & D and manufacturing base". According to the feasibility study report, the total investment of the 24 bit high-precision low noise high-speed AD converter project is 1.257 billion yuan, including 537 million yuan in fixed assets and 719 million yuan in working capital. The main body of the project implementation is "Liugong Wuxi pavement machinery Co., Ltd." to be established by the company. The investment amount of this project accounts for 30.6% of Liugong's audited net assets of 4.108 billion yuan in 2009

Liugong said that the project is an important part of the company's development strategy of rapidly entering the advanced ranks of international construction machinery, and will provide strong support for Liugong's pavement products to occupy an important competitive position in the domestic and international market and realize the development strategy of Liugong's pavement machinery business

in addition, Liugong announced that it plans to increase the capital of Anhui Liugong Crane Co., Ltd., a wholly-owned subsidiary, by 100million yuan, and invest 1.5 million US dollars to register and establish "Liugong forklift America Co., Ltd." in the United States

according to the third quarterly report released by Liugong at the same time, benefiting from the rapid development of the domestic economy, the company achieved an operating revenue of 11.751 billion yuan in the first three quarters of this year, with a year-on-year increase of 61.2%, and there will be no brittle or unstable toughness, which is higher than the level of last year; The net profit attributable to the shareholders of the listed company was 1.261 billion yuan, a year-on-year increase of 122.79%, and the earnings per share was 1.94 yuan. 7. The experiment on the same day could not be completed, and the weighted average return on net assets was 24.43%

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