Dalian Huarui Heavy Industry Group Co., Ltd

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Consummation of Listing of DHI·DCW as a Whole
2011-12-29

The date, 29th December, 2011 was a great day for DHI·DCW, which had profound significance, and also a day that will be forever recorded in the development history of equipment manufacturing industry in China.


In the morning of the same day, everywhere was brimmed with the atmosphere of joy and enthusiasm at Tianbofu Hall of Dalian Furama Hotel with the red carpet on the floor. The special motion pictures of DHI·DCW development achievement were circularly played by DVD on the screens at both sides of the rostrum, which attracted the guests’ attention from time to time. At 10: 58 a.m., listing of DHI·DCW Group as a whole was successfully achieved, and the New Stock Issue and Listing Ceremony of Dalian Huarui Heavy Industry Co., Ltd. was ceremoniously held here. Xiao Shengfeng, member of Dalian Municipal Party Committee and Executive Deputy Mayor, Qu Xiaofei, Deputy Mayor, Cao Xu and Sun Ming, Deputy Secretary-Generals of Dalian Municipal Government, Lu Yansun, the former vice minister of the Ministry of Machine Building Industry and consultant of China Machinery Industry Association, the leaders from all Dalian committees, offices, bureaus, departments, all financial institutions and intermediary organs, the reporters from the central, provincial and municipal wire agencies and media, as well as Song Jiajing, Chairman and GM of DHI·DCW Group and Chairman of DHHI, Zhu Dekang, DHI·DCW Group Secretary of the Party Committee and vice chairmen, the directors and executives of DHI·DCW Group and DHHI, Outside Board of Governors, shareholders’ representatives, and the principals from the relative divisions, over 170 people in total, attended this ceremony and witnessed this milestone-significant moment. The listing ceremony was presided over by Wang Chun, director of Municipal SASAC.


After decade of innovation and development,DHI·DCW’s scale of operation and economic benefit has increased significantly and its main economic indexes has taken the leading place in the same industry for many years, and it has becomes an important representative that is invigorating and developing the equipment manufacturing industry in Dalian city, in Liaoning Province and in China. In order to more positively cope with the increasing fierce market competition, deepen the structural reform of enterprise, enhance the enterprise capability of capital operation and achieve the simultaneous development of production and finance, DHI·DCW followed the clew of “Integral System Reform and Preferred Listing”, carried out the recombination of major assets and listed as a whole according to the deployment and requirements given by Dalian municipal Party committee and government. Having been meticulously organized and efficiently operated, DHI·DCW solved over 40 historically remnant problems that had feazed the company’s listing and development for a long time and completed the scheme for asset audit, evaluation and reorganization submitted for examination and approval, material addition and correction and asset delivery with high quality and high efficiency. On December 27th, the new shares were issued at Shenzhen Stock Exchange, which emblematizes consummation of listing of DHI·DCW as a whole, and the goal of “Listing Being Started and Achieved in the Same Year” was completed, which becomes a successful case of the state-owned enterprise reforming and listing. DHI·DCW landed on the capital market with a brand new image under the name of “Dalian Huarui Heavy Industry Group Co., Ltd.” and vaulted onto a newly developed platform .


In rapturous applause, Mr. Song Jiajing started with an enthusiastic speech. He reviewed the development and achievement since DHI·DCW Group was established 10 years ago, introduced the situation of listing of the enterprise as a whole and expressed thanks for the vigorous support help given by the friends from all circles in society during the enterprise reforming and listing. He emphasized that after listing, we must persist in the strategies and policies of “gathering talents, innovation and upgrading, simultaneous development of production and finance, and high-quality development”, expand the developing space, advance the quality of operation, normalize the governing structure, and fulfill the social responsibility step by step, do the best to repay the customers, employees and shareholders with outstanding achievements, and stand unswervingly to forge ahead toward the goal of a first-class heavy industry enterprise group in the world. Later, Mr. Lu Yansun, Mr. Qu Xiaofei and Mr. Zhu Limin, Chairman of Citic Construction Securities board of supervisors, addressed to the guests successively. They all heartily expressed congratulations to enterprise’s successful listing, sufficiently affirmed the achievement gained by the enterprise, and expressed their best wishes and advanced their ardent expectations for the future development of enterprise. Deputy mayor Qu Xiaofei said that the listing of DHI·DCW as a whole emblematized the development of state-own enterprises in Dalian entering into a new stage and providing a sample and model for the reform and development of equipment manufacturing industry in Dalian. He hoped that DHI·DCW would make greater progress in aspects of economic development mode transformation, deepening of reform and capital operation.


After the speech, Mr. Xiao Shengfeng and Mr. Song Jiajing stepped onto the rostrum in the joyful music to unveil the plate of “Dalian Huarui Heavy Industy Co., Ltd.”. At this time, rapturous applause and cheers were won by the whole audience to celebrate this exciting historic moment.


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