Gelin Electric (000651.SZ) did not stop its pace of expansion through overseas investment or mergers and acquisitions or other means with the cooperation of Zhuhai Silver Long New Energy Co., Ltd. in connected transactions. After this time, Gree Electric Appliance executives Put more attention on Luoyang, Henan Province, Luoyang recently frequently visited enterprises.
On the evening of December 10, the First Financial Press was informed that Gree Electric Appliances including Chairman Dong Mingzhu, Vice President and Secretary of the Board of Governors Wang Jingdong and other executives, went to Luoyang on November 28 and inspected Luoyang LYC Bearing Co., Ltd. Known as 'LYC Bearings') and AVIC (002179.SZ), etc. The relevant person in charge of Gree will confirm the relevant information with CBN reporter.
Luoyang Bearing into the 'due diligence' stage
Reporter obtained from the 'Luoyang City Commission of Industry and Information Technology' submitted to the municipal government 's "passenger report" showed that' Gree Electric Vice President Wang Jingdong line 14 people scheduled for November 28 morning from Zhuhai China Southern Airlines CZ3737 (8:50 take-off, 11:15 Xinzheng arrived at the airport) went to Los Angeles, Luoyang LYC Bearing Co., Ltd. to discuss cooperation and arrangements for accounting firms LYC bearings due diligence. '' Suggestions City leaders meet Wang Jingdong Vice President His party, the city SASAC is responsible for Gree Electric and LYC bearings business cooperation guidance, LYC Bearings is responsible for the entire reception.
On the evening of December 10, the relevant person in charge of Gree Electric told CBN reporter that Wang Jingdong and other top executives recently inspected Luoyang LYC bearings.
The official website of the Company shows that 'Luoyang LYC Bearing Co., Ltd. is a joint venture established by Luoyang Bearing Group Co., Ltd. (hereinafter referred to as' Luoyang Bearing') and Yongcheng Coal and Electricity (Group) Co., Ltd. to reorganize main assets and core businesses The new company controlled by Yongmei Group is the inheritance and continuation of the main business of Luoyang Bearing Company. It has more than 8,600 employees and 13 specialized production plants and 15 functional departments.
Company official website also said that LYC Bearings has a national technology center, according to user needs design and manufacture of nine types, a variety of precision grades of more than 10,000 varieties of bearings, with a more complete product development, testing and control and technological innovation system, and With a number of independent intellectual property rights, it is one of the largest comprehensive bearing manufacturers in China. It is the birthplace of the largest and finest bearings in China at present and also the most extensive bearing base in China with the widest coverage and the most complete variety of bearings. , And maintained a number of Chinese bearing industry records, in particular, has successfully provided the Shenzhou 'Shenzhou' manned spacecraft on the 5th manned spacecraft supporting bearings.
December 10, a Luoyang Bearing employees interviewed by the No. 1 Financial said that Dong Mingzhu in April and August this year, have both been to Luoyang, Gree after a number of senior executives went to Luoyang to visit enterprises, but also Including promoting the construction of new energy projects.
On the morning of September 15, Gree signed a strategic cooperation framework agreement with Henan Provincial Commission of Industry and Information Technology and Luoyang Municipal Government, which stipulated that Gree will use its resources in the intelligent equipment industry to attract relevant enterprises in the industrial chain to jointly build in Luoyang High-tech Zone China Luoyang independent innovation intelligent manufacturing industry base project. The project covers an area of about 5000 acres, a total investment of about 15 billion yuan, a plan, phased implementation of the project is expected to achieve an annual output value of more than 30 billion yuan after the completion of the project. It is in this framework agreement , At the signing ceremony, Gree Electric said it will participate in the mixed ownership reform Luoyang Bearing news.
Government-led Luoyang bearing mixed
The above-mentioned staff said that the current Luoyang Bearing Mix Reform has not significantly promoted, and the government has been recommending this mixed reform project, hoping to be mixed pilot, the current dominant mixed change is the Henan provincial government, which is from its Henan Machinery and equipment investment group led, has been hoping to introduce other investors .Jing east only two days before leaving, and on December 10 Dongming Pearl come over to Luoyang.
Company official website information, 'Henan Machinery and Equipment Investment Group Co., Ltd. was approved by the People's Government of Henan Province in 2015 by the Henan Provincial Government SASAC to hold a 32.14% stake in Zhengzhou Coal Mining Machinery Group Co., Ltd. Luoyang LYC limited The 100% state-owned equity of the Company is funded by the appraised value of its net assets, a wholly state-owned company funded by a registered capital of 5.5 billion yuan, currently under the jurisdiction of two major industrial sectors of coal machinery and bearings.
The Luoyang Bearing staff disclosed that there is no timetable for mixing Luoyang Bearing, it is difficult to judge the success of the final Luoyang Bearing from the equipment and technology, or in the bearing industry is still among the best, but in recent years due to various reasons The effect is not good; the current customer range is relatively wide, all sectors have, including the aerospace industry, automobiles, agricultural machinery, metallurgy and other industries have, of which a large proportion of automotive bearings sales.
September 15 this year, Wang Jingjing to the first financial reporter said that the current mixed modification is only intended. Bearing is the basis of industrial components, through the participation of Gree Electric Co., Ltd. to promote the development of the domestic bearing industry is conducive to promoting the 'Made in China' to create 'China' 'Transformation of Luoyang independent innovation intelligent manufacturing industry base project, not all by the Gree investment, Gree in the project plays a leading role is to gather experts in this field, companies to jointly build, which is conducive to Gree Electrical appliances to speed up the development of machinery and equipment business.
In fact, Gree's announcement, already revealed a determination of further breakthroughs in bearing technology.Grid Electric Annual Report 2016 shows that 'conquered the hybrid magnetic bearing control technology, high-power high-speed motor control technology and the realization of high-speed high-power motor Independent research and development. 'In the future,' continue to strengthen the magnetic suspension bearings and control technology, small and lightweight compressor and efficient research, new areas of motor products, ultra-low temperature air source heat pump heating products, communications technology and products, washing machines, Maintain industry technology leadership.
Dong Mingzhu visited AVIC
Compared to Luoyang Bearing has not been officially announced the progress of cooperation with Gree Electric Appliances, as a listed company in the AVIC is much more active.
On December 10, 2017, Dong Mingzhu, Chairman of Zhuhai Gree Electric Appliances Co., Ltd., accompanied by Hou Zhanguo, Vice Mayor of Luoyang City, visited AVIC for inspection and exchange of work. The Vice President of the Company Accompanied by the manager Li Sen and other personnel to visit the delegation first visited the Photovoltaic Exhibition Hall to understand the overall planning of AVIC layout, product features and so on.
Dong Mingzhu appreciated and confirmed the achievements of CNAC in the development of products, product reputation, etc. After that, the delegation visited the Department of New Energy Vehicles and exchanged views on the development of CNAC's new energy vehicles. Promoted the communication and understanding between both parties and laid the foundation for the cooperation of more business in the future. "AVIC also released a number of photos related to Dong Mingzhu's visit to WeChat public account.
Luoyang Bearing staff said the above, in fact, Gree's executives came to Luoyang this time, not only for the Luoyang Bearing, Luoyang Bearing with the photoelectric closer to the photoelectric, are in the same new development zone, Dong Mingzhu on the 10th In the afternoon on the same day, LYC bearings and AVIC were visited in a relatively short period of time, but in fact, they stayed in the enterprise for a short period of time, and each enterprise was about half an hour.
Corporate official website information shows that AVIC is located in Jiangyin High-tech Development Zone, Luoyang City, Zhou Shan Road on the 10th, and LYC Bearing Jianxi District, Luoyang Jian Road No. 96, the relevant map information shows the aircraft photoelectric with LYC bearings less than five Km.
August 8 this year, Zhuhai Silver Dragon also signed a series of strategic cooperation agreement with Luoyang City, will invest 15 billion yuan in Luoyang to build new energy vehicle production base, will also layout of titanium battery production base. Energy vehicle production base, will achieve an annual output of 10,000 pure electric commercial vehicles, with an annual output of 5,000 pure electric special vehicles, with an annual output of 5,000 new energy sanitation vehicles, and new energy pick-up trucks, pure electric farm machinery and more A new energy models.