· Construction Bank Guangdong Branch will transfer 7.8% equity of South China Tire

According to the project information of Chongqing United Assets and Equity Exchange, a 7.8% stake in Guangzhou Huanan Rubber Tire Co., Ltd. held by Guangdong Branch of China Construction Bank is being listed and listed, and the listing price is 94.112 million yuan.
Established in 1988, Huanan Tire has a registered capital of 1.182 billion yuan. Its business scope includes the production and sale of tires, rubber products and related equipment and accessories. In terms of shareholding structure, Guangzhou Wanli Group Co., Ltd. holds 58.4%, China Huarong Asset Management Co., Ltd. holds 19.5%, China Construction Bank Guangdong Branch holds 7.8%, China Great Wall Asset Management Co., Ltd. holds 7.5%, Guangzhou International Trust Investment The company holds 3.7%, and Guangzhou Guangluo Enterprise Group Co., Ltd. holds 3.1%. The equity transfer party is the Guangdong Branch of China Construction Bank, and other shareholders indicated that they will not give up exercising the right of first refusal.
In terms of major financial data, South China Tire achieved operating income of 1.619 billion yuan and net profit of 10.054 million yuan in 2013. In the first five months of this year, it achieved an operating income of 1.23 billion yuan and a net profit of 2.045 million yuan. The assessment report on September 30, 2013 as the base date for evaluation shows that the total book value of assets is 2.256 billion yuan, and the estimated value is 2.643 billion yuan; the book value of net assets is 819 million yuan, and the estimated value is 1.208 billion yuan.
According to the listing announcement, Guangzhou International Trust transferred its 3.7% equity interest in South China Tire to Wanli Group on September 14, 2011, and has not yet completed the industrial and commercial change procedures; Huarong Assets has placed it on June 17, 2014. The 19.5% equity of Huanan Tire held was transferred to Wanli Group, and the procedures for industrial and commercial change were still being processed. In view of the fact that Wanli Group had previously been transferred, the old shareholder said that he would not give up exercising the right of first refusal, and Wanli Group will take another shot.

Boiler Grate

Moving Grate BoilerThe chain grate is the combustion equipment of coal-fired steam boiler. There are three main types and structures: chain belt grate, scale grate and beam grate.


1. Chain belt grate. The chain belt grate is a wide circular chain belt which is surrounded by and supported on the the front and rear axles via the chain wheels. At present, ZOZEN packaged chain grate steam boiler mainly adopts the large-block chain belt grate with a capacity of 1-20 tph.


2. Scale grate. The scale grate has many advantages. The obvious one is that there is less coal leakage. The scales can be replaced without shutting down the boiler. The ventilation is balanced, and the ventilation section is relatively small (6%). The chain grate bars only bears the stress or high temperature instead of both of them, which improves the working conditions of the chain grate.


3. Beam grate. Its main feature is that the width and length of the grate can be extended in a wide range, and the tonnage of the boiler can be larger. At present, the tonnage of the domestic beam chain grate steam boiler can reach 240 tph. The grate is featured with long service life, good durability, smooth arrangement and convenient replacement.

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