Dongfeng Hongtai Holding Group Co., Ltd. (hereinafter referred to as Dongfeng Hongtai) has acquired Wuhan Plastics Group (hereinafter referred to as Wusu) comprehensively, which means that this listed company with 24 years history and the first share in the domestic plastics industry officially withdrew. Historical stage.
In 1988, Wusu Group was jointly initiated and established by a number of plastics companies. It was listed on the Shenzhen Stock Exchange on December 10, 1996 and became the first listed company in the domestic plastics industry. Because the development of Wusu failed to keep up with the rapid development of the country’s macroeconomics and the adjustment of its industrial structure, it once reached the edge of “delistingâ€.
In September 2006, Dongfeng Corporation and Wuhan Economic and Technological Development Zone jointly signed a memorandum. The two parties reached the principle intention of the Wushang Group's equity transfer, shareholding reform and asset restructuring plans. Dongfeng Hongtai selected Wupu Group to send management team to operate. Management, opened the prelude to the reorganization of the Wusu Group.
“For this day, Dongfeng Hongtai and Wusu Group have been preparing for six years.†Liu Dongdong, deputy general manager of Dongfeng Corporation and chairman of Dongfeng Hongtai Holding Group Co., Ltd. made a speech at the signing ceremony. As the first listed company in the domestic plastics industry, in the past 24 years, Wusu had been bumpy and difficult to handle, and it was once facing difficulties in delisting. In July of this year, Wusu Plastic was "decontaminated" and was acquired by Dongfeng Hongtai.
Wusu will become Dongfeng's first multi-specialized, professional, auto-controlled auto plastic parts company, which fills the gap in auto plastic parts production.
The person in charge of Dongfeng Hongtai Company stated that after the integration of Wusu, it will be made into the most competitive plastic parts manufacturer in Central China, and strives to achieve a sales revenue of more than 2 billion yuan by 2017 and an annual output of 1.5 million sets of plastic fuel tanks. There are 900,000 bumpers, which account for half of the Chinese auto fuel tanks and bumper markets.
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