The hottest Luoyang Glass auctioned 100 shares of

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Luoyang Glass: 34.85 million yuan auction of 100% equity of Luoyang Lobo Industrial Co., Ltd.

[brief statement of announcement]

energy recovery rate

it was announced on December 24, 2013 that the company will sell 100% equity of its wholly-owned subsidiary Luoyang Lobo Industrial Co., Ltd. by means of entrusted auction, and the auction base price is not less than the assessed value of 34.8582 million yuan

[announcement comments]

Luoyang Glass mainly produces and sells float glass. Due to insufficient market demand and huge competitive pressure in the industry, the company's main business fell into losses. At present, the company mainly adopts cost control, production removal, industry upgrading and other means to improve its profitability. Lobo industry lost 270000 yuan in 2012, and its business scale is small. The company's disposal of it is conducive to the withdrawal of funds and the improvement of capital conditions, which is also in line with the company's strategic contraction to promote transformation. Due to the particularity of fixture structure, it is sometimes difficult for us to be sure which kind of fixture is more suitable for the sample

[agency rating in recent two months]


[technical highlights]

the stock has recently fluctuated at a low level, and there is pressure to hold the plate above, and there is a sign of decline in this round of callback. Ministry of industry and information technology: the growth rate of added value of raw material industry in 2015 was 8%, so it is not suitable to blindly copy the bottom. The content of this article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk

China glass () Department

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