Looks like the trucks were illegally modified. There is even a copy of the hummer.
Hummer bankrupted sold to China.
http://wiki.mbalib.com/wiki/腾中重工收购悍马
But Chinese found their technology actually inferior to Chinese.
腾中重工收购悍马
腾中重工收购悍马——腾中收购悍马告吹 通用将停产悍马
目录
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腾中重工收购悍马概况
美国通用汽车公司24日宣布，由于未能将
悍马品牌出售给中国制造商，他们将“终结”悍马这一被视作为“油老虎”的汽车品牌。
《纽约时报》网站当日报道称，
四川腾中重工机械有限公司已经在一份声明中声称他们收回
标书，原因是公司不能获得中国政府部门的审批。
[1]
2009年6月1日，
通用汽车公司申请
破产保护。作为
重组的重要步骤，
通用将保留
别克、
凯迪拉克、
雪佛兰和
GMC，其余
品牌将悉数出售或停产。6月2日，
四川腾中重工发布公告称已与通用就出售
悍马事宜达成初步协议。10月9日，双方签署最终协议，但仍需等待监管部门审批。
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腾中收购悍马告吹 通用将停产悍马[1]
2010年2月25，中国相关监管机构未能在双方商定的期限内批准四川腾中重工
收购悍马交易，四川腾中重工经与通用磋商，2月25宣布停止推进交易的相关行动，并终止签署的最终协议。
另据
美联社消息，
通用公司表示，在腾中重工对悍马品牌的1.5亿收购案失败后，通用将停产悍马这一品牌。据悉，去年悍马的
销售量仅为9046辆，较2006年的71000销售量大幅下降。
此前因等待有关部门审批，四川腾中重工和通用汽车已经将出售悍马品牌收购交易的截止日期延长了一个月。
腾中重工称，公司尊重这一结果，公司对这一收购倾注了巨大的心力，对无法完成这次交易感到非常遗憾。在原来的设想中，腾中希望提供一个具吸引力的价格收购悍马品牌，并透过腾中及其它
投资者的
投资注入为悍马的现有管理团队提供
资源来推出环保型的运动车，从而满足现有主要市场的需要，并吸引包括中国在内的
新兴市场。
此前有熟悉腾中重工的人士在周二对
路透社说，腾中可能利用
海外投资的方式收购悍马，这种方式可使这个收购交易不受中国监管部门的监管。而中国商务部的官员在近几周内不断对外声称，他们还没有收到腾中提交的正式申请。这项收购交易必须得到商务部的批准。
据
华尔街日报援引知情人士透露，中国相关监管机构一直坚称“从未正式收到腾中的收购申请”，因此，当局也就不会做出“正式否决”该申请的言论或解释。
通用汽车和腾中重工于2009年6月对外确认正在
谈判并购。双方在2009年10月达成了将悍马出售给腾中重工的协议，期望价值1.5亿
美元的交易能于2010年春季获批，并拟在中国生产及
销售悍马汽车。
此前，通用高层曾经透露，倘若并购成功，会继续采用悍马现有的团队，有意在中国生产悍马汽车，并会针对中国及中国周边的国家市场，包括东南亚等地销售。
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腾中欲邀上汽共造悍马[2]
2009年12月29日据报道，腾中有意拉拢上汽共同生产悍马，这是腾中着手悍马国产化的重要举措。
有消息人士称，腾中欲效仿
奇瑞，
挂靠上海汽车，获得准生证后在国内生产和销售悍马。就在不久前，腾中在上海的
办事处作为代表就合作事宜与上汽方面接触，目前正在就合作开展具体磋商，是否会按奇瑞模式走尚未达成最终协议。
自腾中收购悍马被曝出，腾中在完成收购后，是否会在国内设厂将悍马实现
本土化生产这一疑问上一直态度暧昧。分析人士表示，腾中在完成收购后要立足
国际市场，就必须生产
性价比更高的
产品，
产能向中国转移是必然之事。而产能向中国转移最大的阻力便是腾中并未获得发改委批准的轿车准生证。
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通用与腾中重工就出售悍马最终协议[3]
权益：腾中将获得悍马品牌、
商标和商品名称的
所有权，同时，拥有生产所必须的具体
专利的
使用权。承接悍马与现有
经销商签订的
经销协议。
方式：收购将透过设立一家
投资公司完成。腾中拥有该公司80%
股权，私人
企业家索郎多吉持有20%股权。
财务:协议的财务条款不对外披露。
审批：交易的生效还有待常规
交割条件的完成，以及中国和美国政府主管部门的审批或审查。
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腾中收购悍马协议内容
交易价格：
据相关人士透露，整个交易价格在1.5亿
美元左右。
交易内容：
1.腾中将获得悍马品牌、商标和商品名称的所有权，同时，拥有生产悍马汽车所必须的具体专利的使用权。
2.腾中将承接悍马与现有经销商签订的
经销协议。
3.过渡期内，悍马将委托通用汽车为其组装整车、提供关键部件以及
商业服务。
交易操作：
1.腾中将通过设立一家投资公司来完成对悍马的收购。
2.腾中将拥有该投资公司80%的股权。
3.私人企业家索郎多吉先生持有其余20%的股权。
交易前景：
1.交易的生效还有待常规交割条件的完成。
2.中国和美国主管部门的审批或审查
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悍马品牌简介
悍马（Hummer）世界公认的性能最优秀的民用越野车
悍马（Hummer）最早是美国
AM General公司（简称AMG）生产的，现在，悍马的
商标使用权和生产权归
美国通用汽车公司所有。
悍马超长版
Hmmwv外观刚烈，凶悍十足。它不是为民间设计，而是为美军的严酷要求而设计出来的。军队要求汽车在几乎满负荷的使用情况下，其使用寿命长达12年。前所未有的动力性能、操纵性能及耐久性能，能够适用于各种特殊的路面，能够行驶许多运动型车辆无法行驶的道路，被业界誉为“越野车王”。它具有高尺寸的离地间隙，大角度的接近角和离去角，车体宽，重心低，V8柴油机，全时4轮驱动，独立悬挂，动力转向等。还有中央轮胎充气系统，驾车者可以变化轮胎气压，装配泄气保用轮胎，轮胎泄气时仍可以48公里时速行驶30公里。而悍马在舒适性、内部装饰、动力性能与军用型Hmmwv有所改变外，车型外表仍保持一致，在城市行驶特别的“另类”。
悍马系列有五种车型，分别有两门、四门硬顶两厢体车，四门软蓬两厢体车，四门及两门皮卡。现在，
美国通用汽车公司已从AMG公司获得悍马的
商标使用权和生产权，并设计了新款悍马H2，内部装饰豪华，真皮座椅，中央信息显示系统，
GPS卫星导航系统、DVD及音响系统、夜视行驶系统、移动电话座与手提电脑等，已经在2002年初投放市场。
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相关企业简介
通用汽车公司（General Motors，简称GM）是全球最大的汽车公司之一，其核心汽车业务及
子公司遍及全球，共拥有325, 000名员工。通用汽车公司是由
威廉·杜兰特于1908年9月在
别克汽车公司的基础上发展起来的，成立于美国的汽车城底特律。现总部仍设在底特律。其标志GM取自其英文名称（General Motor Corporation）的前两个单词的第一个字母。自1931年起成为全球汽车业的
领导者。通用汽车公司迄今在全球33个国家建立了汽车制造业务，其汽车产品销往200多个国家。2005 年，通用汽车在全球售出917万辆轿车和卡车。通用汽车的全球总部坐落在底特律的通用汽车文艺复兴中心。
美国东部时间2009年6月1日早上，通用汽车公司正式向美国政府申请破产保护。据悉，美国政府将向重组后的通用提供总计达到300亿美元的援助。[4]从此开始出售悍马的路程。
腾中重工(Sichuan Tengzhong)——全称“四川腾中重工机械有限公司(Sichuan Tengzhong Heavy Industrial Machinery Company Ltd.)”，总部位于四川成都，拥有多个生产园区。该公司由四川腾中机械设备制造有限责任公司和四川华通投资控股有限公司共同出资设立，
项目总投资14亿元，占地632亩。腾中重工原为四川腾中机械设备制造有限公司，注册成立于2005年1月，于2007年5月签约落户四川新津化工园区，于2008年1月更名为四川腾中重工机械有限公司。目前，
公司全部占地面积1525亩，厂房面积233000㎡，员工4800余人。
腾中重工生产大中型载重货车、自卸车、挂车、拖车、混凝土运输搅拌车、大型油罐车、油料运输槽车等特种车辆，拥有先进的生产制造、检测生产线。 腾中重工拥有40多年生产建筑工程机械的历史，共有8大类30余种产品，其中“利州”牌混凝土搅拌机系列产品连续六届获四川省人民政府“名牌产品”称号。
腾中重工同时还涉足石油化工产业的钻、采、探、压井、修井、固井等机械设备以及化工
成套设备，能源装备。
腾中重工是国内的大型民营工业集团之一。自成立以来，通过一系列成功的
兼并收购迅速拓展业务领域，现已发展成为一个在全国各地拥有众多销售和服务中心，涉足特种车辆、道桥构件、建筑机械、
新能源、石化设备产业的
现代重工企业，并于2007及2008年连续两年获得机械行业《纳税大户》称号。
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相关人物简介
李炎
李炎，又名索郎多吉，男，1968年出生，四川威远县新店区人，四川华拓实业发展股份有限公司的
董事长，业界称其为“华通系”掌门人。虽然有传言称李炎就是实际购买了
悍马的人。但从
四川腾中重工的
股权结构看来，李炎与四川腾中重工并无关系。(注：有媒体称李炎是自贡人，55岁左右。)
20世纪80年代，李炎还是自贡市荣县养路段的一名技术工人，后
辞职下海，组建了自贡华通路桥公司，主要业务是道路、桥梁施工，并通过该
公司赚得了人生的
第一桶金。之后，李炎先后
收购了木材加工厂，又跨行业去联合自贡化学试剂厂，研发化工原料PPS相关技术。1997年，李炎将PPS转移到了四川德阳。李炎的
产业主要集中三大板块：首先是机械制造，也就是此次收购悍马的腾中重工，是李炎2004年展开系列收购动作后，收入囊中；而李炎旗下产业目前与国际最接轨，也是美方看重的其正完成
路演、欲在香港上市的旭光资源，目前该公司为全球最大的芒硝(一种重要化工原料)
生产商，而他的老本行PPS，作为灾后
重建项目，目前正在德阳扩大规模生产，
投资规模超过了30亿，对于其身家，一位李炎生意上的伙伴估计，按照
资产计算应在50亿左右。
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事态进展
- 09.10.09：腾中与通用汽车正式签署收购悍马协议
- 09.10.03：腾中称收购悍马仍在谈判 未设截止日期
- 09.09.29：发改委回绝腾中申请 收购悍马基本无望
- 09.09.15：商务部：尚未收到腾中重工收购悍马申请
- 09.08.24：消息人士称腾中高管赴美 购悍马将完成
- 09.08.21：腾中欲新立门户专营悍马 上海成立公司
- 09.08.14：腾中和通用悍马价格上存分歧 延期签约
- 09.07.23：商务部亮绿灯 腾中收购悍马下周或签约
- 09.07.22：腾中或将离岸购买悍马 勿需商务部批准
- 09.07.16：腾中已向发改委递交收购悍马申请
- 09.07.13：腾中购悍马未签约 业内：获批可能性小
- 09.07.02：腾中收购悍马开始周进入政府协商阶段
- 09.06.30：腾中购悍马进审批程序 发改委未收申报
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最新追踪
北京时间10月23日下午，悍马CEO金泰乐带领他原来旧部的大员（包括悍马销售、采购、运营等各部门的负责人）抵达成都，向腾中提交了一个悍马品牌具体的全球运营方案。按照金泰乐的说法，他是执行官，腾中重工方面是悍马投资方，也就是他的老板，所以他要向老板提交一个关于悍马具体运营的方案，然后像所有的执行者一样，希望老板能够通过。
“通用非常心疼自己卖掉的悍马，你知道为了建设这个品牌，他们付出了不止十亿美金，另外他们还要花钱开发新产品，要拓展客户群，建设全球
销售网络，他们在悍马这个品牌上付出了非常非常多的心血。”金泰乐表示。“我认为很少有人去分析悍马的财报，这并不是一个亏损的品牌，它一直在盈利，真实情况并不是那些报道里写的，而且现在正是资产价格的底点，这项收购真的是十分划算，这就是中国政府为什么最近一直鼓励中国企业到海外收购的原因，我们需要理解。”
2009年10月13日悍马的卖家——美国通用汽车公司“
一把手”
韩德胜在沪接受媒体集体采访时表示，若最终未获得政府批准，腾中重工将承担全部责任。
[6]
腾中重工与通用汽车9日宣布，双方就通用汽车旗下高端全路面品牌悍马业务的出售签署最终协议。腾中将以1.7亿美元左右获得悍马品牌、商标和商品名称的所有权，同时，拥有生产悍马汽车所必须的具体专利的使用权。买方还将承接悍马与现有经销商签订的经销协议。
[7]
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收购悍马法律解读[8]
通用汽车目前正在美国进行破产保护程序，四川腾中重工收购悍马一案必须通过法院的批准。
只要法院认为价格是合适的，没有任何理由反对。除非悍马不同意收购的价格。
收购案中涉及到的
知识产权，需要通过法律手段解决。
销售汽车就会产生
售后服务的连接。中国企业如何去解决美国汽车用户的售后问题？
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Tengzhong Heavy Industry acquired Hummer
Tengzhong Heavy Industry Acquires Hummer - First Case of Overseas Acquisition of Chinese Civil Enterprises
Tengzhong Heavy Industry acquires Hummer - Tengzhong acquires Hummer and blows GM will stop production of Hummer
table of Contents
[hide]
1 Tengzhong Heavy Industry's acquisition of Hummer
2 Tengzhong acquires Hummer and blows GM will stop production Hummer [1]
3 Tengzhong wants to invite SAIC to build a Hummer [2]
4 GM and Tengzhong Heavy Industry sell the final agreement of Hummer [3]
5 Tengzhong acquires Hummer agreement content
6 Hummer brand profile
7 Related company profiles
8 Related profiles
9 Developments
10 latest tracking
11 Acquisition of Hummer Law Interpretation [8]
12 Chinese companies' overseas mergers and acquisitions have four major bottlenecks[9]
13 to be solved
14 Difficult analysis [13]
15 Suspense of acquisition
16 Suspense after the acquisition
17 前车鉴
18 Media Review
19 References
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Tengzhong Heavy Industry's acquisition of Hummer
General Motors announced on the 24th that due to the failure to sell the Hummer brand to Chinese manufacturers, they will "end" the Hummer, a car brand that is regarded as a "oil tiger." The New York Times website reported on the same day that Sichuan Tengzhong Heavy Industry Machinery Co., Ltd. had stated in a statement that they had recovered the tender because the company could not obtain approval from the Chinese government. [1]
On June 1, 2009, General Motors filed for bankruptcy protection. As an important step in the restructuring, GM will retain Buick, Cadillac, Chevrolet and GMC, and the rest will be sold or discontinued. On June 2, Sichuan Tengzhong Heavy Industry announced that it had reached a preliminary agreement with GM on the sale of Hummer. On October 9, the two sides signed a final agreement, but they still have to wait for the approval of the regulatory authorities.
[edit]
Tengzhong's acquisition of Hummer will blow down GM will stop production Hummer [1]
On February 25, 2010, the relevant Chinese regulatory authorities failed to approve Sichuan Tengzhong Heavy Industry to acquire the Hummer transaction within the agreed time limit. Sichuan Tengzhong Heavy Industry Co., Ltd. negotiated with GM, and announced on February 25 that the relevant actions to stop the transaction were terminated and the signing was terminated. The final agreement.
According to the Associated Press, GM said that after Tengzhong Heavy Industry failed the 150 million acquisition of the Hummer brand, GM will suspend the Hummer brand. It is reported that the sales volume of Hummer last year was only 9046, which was a significant drop from the 71000 sales in 2006.
Previously, due to the approval of the relevant departments, Sichuan Tengzhong Heavy Industry and General Motors have extended the deadline for the sale of the Hummer brand acquisition transaction by one month.
Tengzhong Heavy Industry said that the company respects this result, the company has devoted a lot of effort to this acquisition, and is very sorry about the inability to complete the transaction. In the original vision, Tengzhong hopes to provide an attractive price to acquire the Hummer brand, and through the investment injection of Tengzhong and other investors, to provide resources for the existing management team of Hummer to launch an eco-friendly sports car. Meet the needs of existing major markets and attract emerging markets including China.
Previously, people familiar with Tengzhong Heavy Industry told Reuters on Tuesday that Tengzhong may use the method of overseas investment to acquire Hummer. This way, the acquisition transaction will not be regulated by Chinese regulatory authorities. Officials from the Chinese Ministry of Commerce have repeatedly claimed in recent weeks that they have not received a formal application from Tengzhong. The acquisition must be approved by the Ministry of Commerce.
According to informed sources quoted by the Wall Street Journal, China's relevant regulators have always insisted that “the application for the acquisition of Tengzhong has never been formally accepted”, so the authorities will not make a “formal veto” of the application's comments or explanations.
In June 2009, GM and Tengzhong Heavy Industries confirmed that they were negotiating mergers and acquisitions. In October 2009, the two parties reached an agreement to sell Hummer to Tengzhong Heavy Industry. It is expected that the US$150 million transaction will be approved in the spring of 2010 and it is planned to produce and sell Hummer vehicles in China.
Previously, GM executives have revealed that if the merger is successful, it will continue to use Hummer's existing team, intends to produce Hummer vehicles in China, and will sell to China and China's surrounding national markets, including Southeast Asia.
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Tengzhong wants to invite SAIC to build a Hummer [2]
On December 29, 2009, it was reported that Tengzhong intends to win over SAIC to jointly produce Hummer. This is an important measure for Tengzhong to start localization of Hummer.
According to sources, Tengzhong wants to emulate Chery, call Shanghai Auto, and produce and sell Hummer in China after obtaining a permit. Not long ago, Tengzhong’s office in Shanghai, as a representative, had contact with SAIC on cooperation matters, and is currently conducting specific consultations on cooperation. Whether it will follow the Chery model has not yet reached a final agreement.
The acquisition of Hummer from Tengzhong has been exposed. After the completion of the acquisition, Tengzhong has always been at a position to set up a factory in China to realize the localized production of Hummer. Analysts said that after Tengzhong has to base itself on the international market after completing the acquisition, it must produce more cost-effective products, and the transfer of production capacity to China is inevitable. The biggest resistance to the transfer of production capacity to China is that Tengzhong has not obtained the car permit issued by the National Development and Reform Commission.
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GM and Tengzhong Heavy Industries will sell the final agreement of Hummer [3]
Equity: Tengzhong will acquire the ownership of the Hummer brand, trademark and trade name, and at the same time, have the right to use the specific patents necessary for production. Undertake the distribution agreement signed by Hummer and existing distributors.
Method: The acquisition will be completed through the establishment of an investment company. Tengzhong owns 80% of the company and private entrepreneur Solang Dorje holds 20%.
Finance: The financial terms of the agreement are not disclosed.
Approval: The effective date of the transaction is subject to the completion of the normal delivery conditions and the approval or review by the competent authorities of the Chinese and US governments.
Tengzhong Heavy Industry Acquires Hummer Agreement
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Tengzhong acquires Hummer agreement content
Trading price:
According to relevant sources, the entire transaction price is around 150 million US dollars.
Transaction content:
1. Tengzhong will acquire the ownership of Hummer brand, trademark and trade name, and at the same time, have the right to use the specific patents necessary for the production of Hummer.
2. Tengzhong will undertake the distribution agreement signed between Hummer and existing distributors.
3. During the transition period, Hummer will entrust GM to assemble the entire vehicle, provide key components and provide commercial services.
Trading operation:
1. Tengzhong will complete the acquisition of Hummer by setting up an investment company.
2. Tengzhong will own 80% of the equity of the investment company.
3. Private entrepreneur Mr. Solang Duoji holds the remaining 20% of the shares.
Trading prospects:
1. The entry into force of the transaction is subject to the completion of the normal delivery conditions.
2. Approval or review by Chinese and US authorities
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Hummer brand profile
Hummer Motors (Hummer)
Hummer is recognized as the best performing civilian off-road vehicle in the world.
Hummer was first produced by AM General Company of America (AMG). Now, Hummer's trademark use rights and production rights are owned by General Motors.
Hummer Super Long Edition
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Hummer Super Long Edition
Hmmwv looks strong and fierce. It was not designed for the folks, but was designed for the harsh demands of the US military. The military requires the car to have a service life of up to 12 years at almost full load. Unprecedented power performance, maneuverability and durability, can be applied to a variety of special roads, can drive many roads where sports vehicles can not travel, and is known as the "SUV King". It has high-size ground clearance, large angle approach angle and departure angle, wide body, low center of gravity, V8 diesel engine, full-time 4-wheel drive, independent suspension, power steering and so on. There is also a central tire inflation system. Drivers can change the tire pressure and assemble the runflat tires. When the tires are deflated, they can still drive 30 kilometers at 48 kilometers per hour. While the Hummer has changed in comfort, interior decoration, power performance and military-type Hmmwv, the appearance of the model remains the same, and the city is particularly "alternative".
There are five models in the Hummer series, including two-door and four-door hard-top two-cars, four-door soft-bathed two-cars, four-door and two-door pickups. Now, General Motors has obtained the trademark rights and production rights of Hummer from AMG, and designed the new Hummer H2, interior decoration luxury, leather seats, central information display system, GPS satellite navigation system, DVD and sound system, Night vision driving systems, mobile phone holders and laptops have been launched in early 2002.
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Related company profile
General Motors
General Motors (GM)
General Motors (GM) is one of the world's largest auto companies with a core automotive business and subsidiaries around the world with a total of 325,000 employees. General Motors was founded by William Durant in September 1908 at Buick Automotive, Inc., based in Detroit, the American automotive city. The headquarters is still in Detroit. Its logo GM is taken from the first letter of the first two words of its English name (General Motor Corporation). Since 1931, he has been a leader in the global automotive industry. General Motors has established automotive manufacturing operations in 33 countries around the world, and its automotive products are sold in more than 200 countries. In 2005, GM sold 9.17 million cars and trucks worldwide. GM's global headquarters is located at the General Motors Renaissance Center in Detroit.
On the morning of June 1, 2009, GM, GM officially filed for bankruptcy protection with the US government. It is reported that the US government will provide a total of 30 billion US dollars of assistance to the restructured GM. [4] From then on, the journey to sell Hummer.
Tengzhong Heavy Industry
Sichuan Tengzhong
Sichuan Tengzhong – the full name of “Sichuan Tengzhong Heavy Industrial Machinery Company Ltd.”, headquartered in Chengdu, Sichuan, has multiple production parks. The company is jointly funded by Sichuan Tengzhong Machinery Equipment Manufacturing Co., Ltd. and Sichuan Huatong Investment Holdings Co., Ltd. The total investment of the project is 1.4 billion yuan, covering an area of 632 mu. Tengzhong Heavy Industry was originally established in Sichuan Tengzhong Machinery Equipment Manufacturing Co., Ltd., and was incorporated in January 2005. It was signed in May 2007 and settled in Sichuan Xinjin Chemical Industry Park. In January 2008, it was renamed Sichuan Tengzhong Heavy Industry Machinery Co., Ltd. At present, the company covers an area of 1,525 acres, with a plant area of 233,000 square meters and more than 4,800 employees.
Tengzhong Heavy Industry produces special vehicles such as large and medium-sized trucks, dump trucks, trailers, trailers, concrete transport mixers, large tank trucks, and oil transport tankers. It has advanced production and testing production lines. Tengzhong Heavy Industry has more than 40 years of history in the production of construction machinery. There are 8 categories and more than 30 kinds of products. Among them, “Lizhou” brand concrete mixer series products have won the title of “famous brand products” of Sichuan Provincial People's Government for six consecutive years.
Tengzhong Heavy Industry is also involved in the petrochemical industry's drilling, mining, exploration, killing, workover, cementing and other mechanical equipment as well as chemical equipment, energy equipment.
Tengzhong Heavy Industry is one of the largest private industrial groups in China. Since its inception, it has rapidly expanded its business through a series of successful mergers and acquisitions. It has grown into a sales and service center with a wide range of sales and service centers throughout the country, involved in the modernization of special vehicles, road and bridge components, construction machinery, new energy and petrochemical equipment industries. Re-industrial enterprises, and in 2007 and 2008 for two consecutive years, the title of "large taxpayers" in the machinery industry.
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Related person profile
Li Yan
Li Yan
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Li Yan
Li Yan, also known as Solang Duoji, male, born in 1968, is a member of the Xindian District of Weiyuan County, Sichuan Province. He is the chairman of Sichuan Huatuo Industrial Development Co., Ltd., and the industry calls it the head of the “Huatong Department”. Although there are rumors that Li Yan is the person who actually bought the Hummer. However, from the ownership structure of Sichuan Tengzhong Heavy Industry, Li Yan has nothing to do with Sichuan Tengzhong Heavy Industry. (Note: Some media said that Li Yan is a Zigong, around 55 years old.)
In the 1980s, Li Yan was a skilled worker in the road section of Rongxian County, Zigong City. He resigned and went to the sea to form the Zigong Huatong Bridge Company. His main business was road and bridge construction, and he earned the first barrel of his life through the company. gold. Later, Li Yan successively acquired the wood processing factory and went to the Zigong Chemical Reagent Factory across the industry to develop PPS related technologies for chemical raw materials. In 1997, Li Yan transferred PPS to Deyang, Sichuan. Li Yan's industry is mainly concentrated in three major sectors: first, mechanical manufacturing, which is the acquisition of Hummer's Tengzhong Heavy Industry. It was Li Yan's series of acquisitions in 2004, and the income is in the bag; It is also the Xuguang Resources that the US valued and is about to complete the roadshow and wants to list in Hong Kong. At present, the company is the world's largest manufacturer of thenardite (an important chemical raw material), and his old PPS, as a post-disaster reconstruction project, At present, it is expanding production in Deyang, with an investment scale of more than 3 billion. For his own family, a Li Yan business partner estimates that it should be around 5 billion in terms of assets.
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Progress
09.10.09: Tengzhong and General Motors officially signed the acquisition of Hummer Agreement
09.10.03: Tengzhong said that the acquisition of Hummer is still under negotiation. No deadline.
09.09.29: The NDRC refused to apply for Tengzhong. The acquisition of Hummer is basically hopeless.
09.09.15: Ministry of Commerce: Has not received the application for the acquisition of Hummer by Tengzhong Heavy Industry
09.08.24: The source said that Tengzhong executives went to the United States to buy Hummer will complete
09.08.21: Tengzhong wants to establish a new portal specializing in Hummer Shanghai to set up a company
09.08.14: Dingzhong and General Hummer prices are divided. Deferred signing
09.07.23: The Ministry of Commerce has a green light. Tengzhong has acquired Hummer next week or signed a contract.
09.07.22: Tengzhong will purchase Hummer offshore. No need for approval from the Ministry of Commerce.
09.07.16: Tengzhong has submitted an application for the acquisition of Hummer to the NDRC
09.07.13: Tengzhong purchased Hummer without signing the industry: the possibility of approval is small
09.07.02: Tengzhong acquired Hummer and began to enter the government consultation stage
09.06.30: Tengzhong purchased the Ma Majin approval process
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Latest tracking
Hummer CEO came to China to report to the new boss
