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Recently, Sany Heavy Industry Co., Ltd. announced that it will invest 144 million yuan (RMB) in cash to acquire all the assets of the non-road mining dump truck business of Sany Heavy Machinery. Sany hopes to acquire the assets through the acquisition of these assets. Has the ability to manufacture open-pit coal mining equipment that complements existing coal mining equipment business and creates synergies. It has the opportunity to get involved in the core technology of non-road mining dump trucks and can provide customers with a wider range of products. Rich product portfolio.
Sany Heavy Machinery undertakes that after completion of the acquisition, it will no longer engage in non-road mining dump trucks and related businesses. According to the valuation report, the accounts receivable, inventory, equipment and intangible assets acquired under the Asset Acquisition Agreement are intangible. The valuation values ​​of the assets on the valuation date are respectively 17.8 million yuan, 87.5 million yuan, 30.20 million yuan and 8.9 million yuan. The non-road mining dump truck business operated by Sany Heavy Machinery did not start selling its products until October 2010.
About Sany Heavy Industry <br> Sany Heavy Industry is a core enterprise of Sany Group. Sany is the top 50 global construction machinery manufacturer, the world's largest concrete machinery manufacturer, the top 500 Chinese enterprises, the most comprehensive enterprise with the comprehensive efficiency and competitiveness of the construction machinery industry, Forbes "China's top enterprise", and the most growth-oriented independent brand in China. , China's most competitive brand, the iconic brand of the Chinese construction machinery industry, and the top 500 Asian brands.