Chongqing Automobile Engine Accessories Factory's overall property transfer listing price 19.4312 million

Chongqing Electromechanical Group also launched a company to carry out mixed ownership reforms. On September 8, the reporter learned from the Chongqing United Assets and Equity Exchange that the entire property rights transfer of Chongqing Auto Engine Accessories Factory under the Electromechanical Group had a listing price of 19.4312 million yuan.

According to the statistics, Chongqing Automobile Engine Accessories Factory was established in March 1979, with auto parts (excluding engines), general machinery, and packaging products. The subject of the transfer of the subject is Chongqing M&E Holding Group Asset Management Co., Ltd.

Inquiries from reporters found that from January to July this year, Chongqing Automobile Engine Accessories Factory's operating income was 2649.90 million yuan, net profit -47.39 million yuan. As of July 31, assets totaled 31,823,900 yuan and liabilities totaled 5,561,100 yuan.

According to the assessment report, some of the inventories of the Chongqing Auto Engine Accessories Factory were scrapped, mainly including finished products, spare parts for repair, auxiliary materials, and Class B tools for production, totaling RMB 610323.39. Chongqing Shenghui Machinery Co., Ltd., a unit holding 30% of the shares of Chongqing Auto Engine Accessories Factory, had a stock loss of 24,325,551.91 yuan. In addition, due to the improvement of processing technology, technological progress, and the upgrading of sales products, some equipment cannot meet current production requirements and are currently idle.

The reporter found that the subsidiaries of the Electromechanical Group have recently been active. For example, the Minjiang Gear Factory began to transfer the information of two subsidiaries on the Chongqing Stock Exchange since the end of last year.

“The introduction of mixed reforms of companies and the transfer of some companies with poor assets are all necessary for the Group’s strategic development. On the one hand, some non-core businesses are divested, and on the other, fresh blood is introduced into the group.” Related personnel of the Mechatronics Group Reform and Management Department Indicated.

This reporter learned that this year, Chongqing Machinery & Electric Group has actively promoted the "combined ownership reform" of its subsidiaries at all levels. So far, it has launched two batches of 17 enterprises to participate in the mixed ownership reform.