Development course of AVIC heavy machinery co., ltd

Our company is a joint stock limited company established by Jinjiang Company with the approval of Guizhou Provincial People's Government's Qianfuhan [1996] No.21and China Securities Regulatory Commission's Jian Zheng Fazi [1996] No.269. The total share capital of the company was 51996165438+10/00000 shares when it was registered in Guizhou Provincial Administration for Industry and Commerce in June 2006, in which Jinjiang Company subscribed for 36658 shares and had 555 operating assets. 199610/0 on October 22nd, public shares13.5 million shares were issued at the price of 5.80 yuan per share through the trading system of Shanghai Stock Exchange, and internal employee shares15 million shares were issued at the same price. 1996165438+1October 6, 13500000 shares were listed and traded on the Shanghai Stock Exchange, 1500000 shares were listed and traded on May 7,10.

On June 16, 2006, the share-trading reform plan of "tradable shareholders get 3 shares of Jinjiang Company for every 10 share" was implemented.

In 2007, the company purchased 0/00% equity of Guizhou Anda Aviation Forging Co., Ltd. (hereinafter referred to as "Anda Company") held by Guihang Group, a wholly-owned subsidiary of China No.1 Aviation Company, and the land use rights of three pieces of land used by Jinjiang Company obtained by Guihang Group through authorized operation. AVIC Investment Co., Ltd. (hereinafter referred to as "AVIC Investment") holds 57% equity of AVIC Shixin Gas Turbine Co., Ltd. (hereinafter referred to as "AVIC Shixin") and Guizhou Yonghong Aviation Machinery Co., Ltd. (hereinafter referred to as "Yonghong Company") 100% held by Guizhou Geke Aviation Electromechanical Co., Ltd. (hereinafter referred to as "Geke Electromechanical"), a holding subsidiary of Guihang Group.

In 2009, 65.438+68 billion yuan was raised, and 654.38+09 projects were invested with the raised funds, including 3 acquisition projects, 654.38+05 technical renovation projects and 654.38+0 supplementary working capital projects.

2011August 10, AVIC Heavy Machinery Co., Ltd. announced that its overall plan for non-public offering of shares and asset restructuring was approved by the State Council SASAC.

According to the reorganization plan, the company plans to issue additional shares to the actual controllers such as AVIC Group, and the raised funds will be used to purchase 0/00% equity of Anji Precision Casting Company, with total assets exceeding 0/00/400 million yuan.

AVIC heavy machinery lowered the price increase to 15.3 1 yuan/share, and this time it plans to issue 945 1 10,000 shares, a decrease of 430,000 shares compared with the previous plan. Among them, the subscription quantity of AVIC and Guihang (Group) Company has decreased compared with before, and the other two placing targets are Huiyang Propeller Company and Meiteng Wind Energy (Hong Kong). AVIC heavy machinery 2011August 10 closed at 14.43 yuan.