Solar power Shanghai electric plans to spin off subsidiaries by kechuang wind fly

From the point of view of value discovery, electric wind partitioned offering help to the intrinsic value of released in full, the rights and interests of electric power held by the company value is expected to further enhance, liquidity will be improved significantly. Annual revenue of over one hundred million yuan, it is the largest sea fan in the machine, the outside world know not many. Splitting the can realize electric power company said that the dock with the capital market directly, so as to broaden the financing channels of wind power of electric, improve the financing flexibility, solar equipment, improve the financing efficiency. Announcement shows that solar energy equipment, electric power is the national clean energy backbone enterprises, is China's leading onshore wind machine, and China's largest offshore wind power machine. On the whole situation of land after the fan also not bad. According to the China renewable energy institute wind of statistical report released by China's wind power hoisting capacity, in 2017, the new power capacity electric wind sea 58. 80000 kw, the domestic first. Announcement, solar equipment, systems engineering case analysis will practice of mixed ownership reform, stimulate the endogenous power of electric wind, optimize the assets layout and structure, and to further improve the corporate governance of electric power. Shanghai electric, said after the spin-off listed electric power companies will still maintain control of electric power, electric wind power is still within the scope of consolidated subsidiaries for the company. Products with completely independent intellectual property rights of the land, solar energy, Marine products through the strategic cooperation, independent research and development, master the international leading offshore wind manufacturing technology and operational ability. Late January 6 power station work mainly do notice Shanghai electric, solar power grid, plans to spin off its subsidiary Shanghai electric wind power group co. , LTD. ( Hereinafter referred to as & other; Electric power & throughout; ) To win the board listed, and issued the relevant plan. How to do? To win the board separately listed! According to the report, as of September 30, 2019, total assets of 165 electric wind. The net worth of 700 million yuan, 37. 400 million yuan, 2019 years ago in the third quarter revenue of 4. 9 billion yuan, net profit of just over 100 million yuan; According to the China renewable energy institute wind branch of statistics, in 2018, electric wind onshore and offshore wind turbines and total installed capacity of 1. 14 million kilowatts, accounting for the national market share of new power capacity of 5. 4%, ranking fifth in the country.

in 2018 and 2017, the wind of the electrical operating income of 65 respectively. 600 million yuan and 61. 700 million yuan, net income 21. 19 million yuan and - respectively 52. 31 million yuan. According to the announcement, electric wind to open r&d strategy, besides Shanghai r&d headquarters, also established the Danish European research and development center, Beijing r&d center, system engineering case analysis research and development center in guangdong, and with the domestic and foreign research institutions and universities set up extensive cooperation. In addition to the wind turbine machine design technology, electric wind has represented by blade technology, control technology of fan can independent research and development and other core technology; China's largest & throughout; Has a solid data to support. Soot monitoring system of the future electric wind can use capital market platform for industry mergers and acquisitions of various capital operation, to further expand the business scope, rich product line, realize leap-forward development. In 2017 and 2016 respectively when the national market share of new power capacity of 5. 7%, 7. 4%, solar building case number are sixth in the country. According to the disclosure, electric wind was founded in 2006, registered capital of 800 million yuan, belong to the new energy and environmental equipment sector of Shanghai electric, Shanghai electric has a 99% stake directly, lampblack monitoring system through a wholly owned subsidiary Shanghai electric investment indirectly holds a 1% stake. In addition, split or implement an important reform of state-owned assets in Shanghai. Performance improvement is perhaps one of the reasons that the Shanghai electric to spin off the subsidiary. Announcement, splitting the advantageous industry bigger and stronger. The financial data of wind power of electric is not particularly good. After completion of the spin-off, listed companies can take advantage of the new platform for industry mergers and acquisitions or introduction of strategic investors, enhancing the core and frontier technology of wind power industry investment and development, keep the wind business innovation vitality.

this is the second release spin-off plan of a-share companies, is the first large state-owned China railway construction, proposed spin-off listed railway construction heavy industry to win the board. In 2018, the solar building case with a total of seven new power machine manufacturing enterprises have sea, the largest electric wind power new power, power plant main what to do in all of new power capacity accounted reached 43 at sea. 9%. Spin off listing and conducive to improve electric wind financing efficiency. Leading technology from powerful r&d strength. This is a parent company, Shanghai electric light cover the recessive giants. Announcement, the wind power has the leading domestic wind power electrical machine and the key parts design ability, realize the full power of products cover is covered and the whole scene. Electric wind will reflect the performance of growth to the company's overall performance, and enhance the level of profitability and robustness.