Afternoon Tea: China Overseas M & A environment and risk analysis – construction machinery, mergers and acquisitions, high-speed railway – construction machinery industry

2010 China's Overseas M & A environment and risk analysis

Comment 2009 some of the economic strength of China's mining companies overseas investment began to prepare to participate in overseas mining mergers and acquisitions, despite the injection of aluminum in the first half of Rio Tinto lost, but the second half of the mining enterprises were granted more than cases of overseas acquisitions frequent and inspiring. At a recent national work conference on business, the Commerce Department made clear that 2010 should vigorously implement the "going out" strategy, and encourage qualified enterprises to actively carry out China's advantage of foreign investment and transnational business. This is undoubtedly the 2010 acquisition of Chinese enterprises to open the door, especially Energy And mining will become the focus.

Transfer form Southern Railway Construction vehicles and high-speed rail project consortium bid for overseas

Comment recently that China South Locomotive and is working with the China Railway Construction Corporation are positively the formation of a business, "the Commonwealth" to jointly bid for overseas high-speed rail project. Although the message did not get the parties to respond, but analysts believe that China South Locomotive and this is to package the export of China's high-speed railway and other railway line line technology. China's future high-speed rail "going out" should be directed towards Europe and the United States, Russia and other countries, these countries have plans to build high-speed rail, China South Locomotive and China Railway Construction has combined online and offline program to solve the whole edge. China South Locomotive and this is to package the export of China's high-speed railway and other railway line line technologies.

Domestic market

Sichuan machinery industry rebound in 2009 the total economic break 300 000 000 000

Comment 2009 Sichuan Province Machinery Industry The industrial output value of 389.242 billion yuan, up 28.31 percent over the same period the previous year; achieve Sell Income of 303.196 billion yuan, up 29.44 percent over the same period the previous year, respectively, higher than the national machinery industry average 16.31,16.72 percentage points. Meanwhile, the economic efficiency. In 2009 the province achieved industrial added value of industrial machinery 97.023 billion yuan, up 27.42 percent; realized profits of 21.227 billion yuan, up 26.23 percent; profit of 10.538 billion yuan, up 30.27%.

2010 6.8 billion investment in Guangxi autonomous region road construction and rural road network

Comment 2010, Guangxi will build 68 projects in highway network, 2220 km, and to fulfill the investment of 4.6 billion yuan, up 9%. Start the construction of the new coastal road, eight-step to the second phase of projects Zhaoping 35, 978 km; continued construction of the project 33, 1242 km, of which 11 schemes completed, 489 km. The end of 2010, to further optimize network structure, speed up the China – ASEAN Free Trade Area, North Bay Economic Zone in Guangxi and the development of the West River Economic Belt.

Enterprise Connection

XCMG Rotary Drilling assistance in the construction of Hefei High-Speed Rail Authority bridge four

2010 1 28, in the Bureau of the construction of the Hefei Railway four high-speed inter-city loop bridge started on site, based Xugong Machinery Co., Ltd. held a grand XR360 Rotary Drilling Rig Ceremony to pay. Xu Engineering Machinery Co., Ltd. Deputy General Manager Zhang Zhonghai basis, XCMG XR360 rotary drilling rig to buy customers, Mr. Chang, as well as dozens of site construction personnel participated in the ceremony to pay. XCMG XR360 rotary drilling rig site and efficient operation, again won praise from users.

Lonking meeting to study the deployment of marketing in 2010

1 26 to 28 workers in Shenzhen Great China Dragon Sheraton International Hotels Convened to consider the deployment of 2010 Marketing Work. From across the country Proxy Unit representatives and some large customers and old friends from more than 600 agents attended the meeting. Lonking Holdings Limited Chairman Mr. Li Xinyan, Lonking Holdings Limited Executive Director, CEO and President Mr. Qiu Debo attended the meeting and delivered an important speech.

Special attention

Kenya become a high-profile new markets for exports of machinery and equipment

Comment: Recently, the Government of Kenya and China's machinery and equipment purchases between the handover ceremony held in the Kenyan capital Nairobi suburb. The procurement project, including Construction Machinery , Agricultural machinery, machine tools, machinery and equipment, a total of 3942 units (sets), total about 57 million U.S. dollars project. We believe that in recent years the rapid development of infrastructure construction in Kenya, demand for large mechanical equipment, machinery and equipment exports will become an emerging market.

China Construction Machinery Enterprise: Innovation hi Rich Fruits

Comments: 2009, China's construction machinery business innovation continue to make effective the year, a large number of typical significance of the high-tech products. Released late last year of 2009 Machinery Industry Science and Technology Award, the construction machinery industry, machinery industry reported a total project award of Science and Technology 43, winning a total of 25 projects, accounting for 58.14% the number of reporting projects, plus four for non- Comment on the formation of slow economic and other reasons.

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