Xugong Machinery recently announced that it plans to invest 10 billion yuan to establish Xuzhou Xugong Industrial Investment Partnership (Limited Partnership) (tentative name, subject to the name approved by the industrial and commercial registration authority, referred to as "Xugong Partnership").
The scale of Xugong partnership is RMB 10,000,001 yuan, of which limited partner Xugong Machinery contributed RMB 10 billion yuan and general partner Xuzhou Xugong Equity Investment Co., Ltd. (referred to as "Xugong Equity") contributed RMB 10,000 yuan.
Xu Gong said that in order to promote the development of the main business of construction machinery and lay out future industries; In order to further improve the management efficiency and investment benefit of the company's investment system, according to the actual situation of the company, combing and integrating the investment structure and organization mode, Xugong Partnership was established.
Xugong partnership can strengthen the company's multi-channel financing ability by setting up sub-funds, incite social capital more efficiently, strengthen the host and core components through investment mergers and acquisitions, cultivate new growth momentum, maintain supply chain security and promote product sales. At the same time, it can give full play to the resource advantages and intellectual advantages of the partners, and expand the high-quality project resources, which is conducive to promoting the company to achieve high-quality, high-efficiency, high-efficiency, sustainable "three highs and one can" high-quality development, and helping the company reach the summit of Mount Everest.
