The hottest Luoyang Glass transfers 2.19 million s
2022-10-22- Detail
Luoyang Glass transferred the right to use 219000 square meters for 250million
yesterday, Luoyang Glass announced that it would pay 2. The total price of 500million yuan (the same below) is about 21. 90000 square meters of land use rights, buildings and ancillary structures were granted to Luoyang Land Center
yesterday, Luoyang Glass announced that it would take 2. The total price of 500million yuan (the same below) is about 21. 90000 square meters of land use rights, buildings and ancillary structures were granted to Luoyang Land Center
the company said that the main reason for the sale was that the plot and its buildings were located in the Luoyang site of the Sui and Tang Dynasties. In view of the local historical site protection policies that might hinder the expansion of the company or improve the plant equipment in the region, it decided to sell the plot at a reasonable price
revenue 2. 0.9 billion recorded this year
Luoyang Glass said that the land sale would record about 2. Income of 0.9 billion yuan, which will be recorded in the fiscal year ending February 31, 2008 without steel buckle bonding. The proceeds will be used as general working capital. The above transactions have a significant impact on the consolidated balance sheet. After the completion of the transaction, the company's asset liability ratio will increase from 4. 4 times to 2. 3 times
5 production line has stopped operation
in addition, Lobo said that in the first half of 2008, due to the change of the rigidity of components, the export tax rebate was reduced from 11% to 5%, and the growth rate of glass demand was restrained due to the national tight monetary policy, macro-control of the real estate industry, RMB appreciation and exchange rate changes
the directors believe that the excessive supply of glass in the Chinese market and the sharp rise in the price of raw and fuel materials may put pressure on the price of glass. In addition, due to the large number of local manufacturers in China, the quality of glass does not meet the standard (2) for the configuration of accumulators, so the export sales of glass may be frustrated. Several production lines of the company are due to be upgraded, which makes it difficult to stabilize the output, quality and yield, and puts upward pressure on maintenance and other operating costs. At present, the company is using four production lines, and five production lines have stopped operation
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