Weft Weaving Machine Starts To Wade Trust Industry.

　　 Following the approval of the China Banking Regulatory Commission (CBRC) with the acquisition of China International Trust shares, following the investment of financial predators and foreign investment institutions, the main business of the textile machinery listed company Jingwei Textile Machinery (000666, stock bar) has begun to wade in this industry.

There are indications that this wave of equity participation is due to the fast development and the overall warming of earnings. trust The upsurge of the industry has not only been confined to enterprises with strong financial strength, but also to the spread of all enterprises.

It is worth noting that, despite the smooth progress of the company's acquisition of the trust in the trust industry and its entry into the hottest trust sector, investors in Jingwei Textile Machinery apparently did not buy it.

On Wednesday, on the day of the announcement, the company's shares fell by 4.11%. This scene is strikingly similar to that of Jingwei Textile machinery at the beginning of its disclosure. It was just resumption and disclosure. Buy The Sino Swiss textile machinery shares collapsed for several consecutive days.

"It should be said that the future of the trust industry can still be expected, but the fact that the company's stock does not rise or fall is likely to be related to the excessive premium purchase of Jingwei Textile machinery." A trustee who asked not to be named told reporters this time.

The acquisition of China financial trust has steadily pushed forward the high premium, causing the stock price to rise and fall.

The trust industry has been on the road of formal development in the context of the initial success of the industry consolidation and the issuance of new licences. In 2009, the earnings of various trust companies rose, which confirmed the good performance of the industry from another side. The rapid growth of trust industry is not only valued by many large enterprises, but also attracted the attention of the listed companies.

In January 27th of this year, Suspension Many days of Jingwei Textile Machine issued a resumption notice and announced that the company had signed the equity transfer agreement with Zhongzhi enterprise group limited in January 8, 2010, and the total transfer price was RMB 1 billion 200 million yuan. If the purchase plan is successfully completed, Jingwei Textile machinery will gain the controlling stake in the fusion trust.

Statistics show that China Trust has been running trust management since 2006. By the end of 2009, the scale of trust assets managed by the company was 132 billion 300 million yuan, nearly doubled compared with the beginning of the year. The trust assets managed by China financial trust include unlisted equity, listed equity securities, related collateral and investment funds.

After half a year's waiting, the Jingwei Textile machine, which is expected to enter the financial industry, has finally welcomed the good news, which has been approved by the CBRC. Jingwei Textile Machinery said, the CBRC has approved the company's acquisition of 36% of the shares of the fusion trust.

It is understood that, in addition to the relevant documents issued by the China Banking Regulatory Commission to appoint directors, supervisors or senior managers, all prerequisites for payment of the first payment have been reached. Jingwei Textile machinery will make further announcement after all the prerequisites for payment of the first payment have been reached.

However, although the acquisition of a trust company with the largest asset scale in the industry is proceeding smoothly, the market parties are not optimistic about the plan. Before and after each announcement, the company's share price had a larger decline, while the focus was on a high premium.

According to the valuation value of the trust that was disclosed at the time, it was 3 billion 567 million yuan as of August 31, 2009, and its net assets book value was 566 million yuan. According to this calculation, the valuation premium of the financial trust will be as high as 5 times. Obviously, this bold takeover has given investors a much more wait-and-see attitude towards the acquisition of the company.

Following the approval of the China Banking Regulatory Commission (CBRC) with the acquisition of China International Trust shares, following the investment of financial predators and foreign investment institutions, the main business of the textile machinery listed company Jingwei Textile Machinery (000666, stock bar) has begun to wade in this industry.

There are signs that the boom in the trust industry has long been limited to those with strong financial strength and the trend of spreading to all enterprises due to the fast development and the overall warming of earnings.

It is worth noting that, despite the smooth progress of the company's acquisition of the trust in the trust industry and its entry into the hottest trust sector, investors in Jingwei Textile Machinery apparently did not buy it.

On Wednesday, on the day of the announcement, the company's shares fell by 4.11%. This scene is strikingly similar to that of Jingwei Textile machinery at the beginning of its disclosure. At that time, it had just resumed and disclosed that the stock of Jingwei Textile machinery, which wanted to buy the Sino trust scheme, had collapsed for several consecutive days.

"It should be said that the future of the trust industry can still be expected, but the fact that the company's stock does not rise or fall is likely to be related to the excessive premium purchase of Jingwei Textile machinery." A trustee who asked not to be named told reporters this time.

The acquisition of China financial trust has steadily pushed forward the high premium, causing the stock price to rise and fall.

The trust industry has been on the road of formal development in the context of the initial success of the industry consolidation and the issuance of new licences. In 2009, the earnings of various trust companies rose, which confirmed the good performance of the industry from another side. The rapid growth of trust industry is not only valued by many large enterprises, but also attracted the attention of the listed companies.

In January 27th this year, the longitude and weft textile machine, which was suspended for many days, issued a resumption notice and announced that the company had signed the equity transfer agreement with Zhongzhi enterprise group limited in January 8, 2010, and the total transfer price was RMB 1 billion 200 million yuan. If the purchase plan is successfully completed, Jingwei Textile machinery will gain the controlling stake in the fusion trust. {page_break}

Statistics show that China Trust has been running trust management since 2006. By the end of 2009, the scale of trust assets managed by the company was 132 billion 300 million yuan, nearly doubled compared with the beginning of the year. The trust assets managed by China financial trust include unlisted equity, listed equity securities, related collateral and investment funds.

After half a year's waiting, the Jingwei Textile machine, which is expected to enter the financial industry, has finally welcomed the good news, which has been approved by the CBRC. Jingwei Textile Machinery said, the CBRC has approved the company's acquisition of 36% of the shares of the fusion trust.

It is understood that, in addition to the relevant documents issued by the China Banking Regulatory Commission to appoint directors, supervisors or senior managers, all prerequisites for payment of the first payment have been reached. Jingwei Textile machinery will make further announcement after all the prerequisites for payment of the first payment have been reached.

However, although the acquisition of a trust company with the largest asset scale in the industry is proceeding smoothly, the market parties are not optimistic about the plan. Before and after each announcement, the company's share price had a larger decline, while the focus was on a high premium.

According to the valuation value of the trust that was disclosed at the time, it was 3 billion 567 million yuan as of August 31, 2009, and its net assets book value was 566 million yuan.

According to this calculation, the valuation premium of the financial trust will be as high as 5 times. Obviously, this bold takeover has given investors a much more wait-and-see attitude towards the acquisition of the company.