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On June 30, 2020, TEDA holdings and China National Building Materials Group successfully signed a contract on the mixed transformation of Lighthouse coatings. TEDA holdings transferred 51% of the equity of its lighthouse coatings at a 60% premium to the assessed value to maintain and increase the value of state-owned assets. Days ldquo; The supply side structural reform has not only removed production capacity, but also brought good news about the mixed reform of state-owned enterprises in Tianjin

at the beginning of 2020, Tianjin Property Right Trading Center released the pre disclosure information that Tianjin lighthouse paint planned to transfer the low or even less than 10000 times of not less than 51% equity of Tianjin lighthouse paint industry development Co., Ltd., opening the curtain of mixed transformation of Lighthouse paint

according to the data, Tianjin lighthouse coating Co., Ltd. is a wholly-owned subsidiary of Tianjin TEDA Investment Holding Co., Ltd. of Tianjin Economic and Technological Development Zone, which was founded in 1916. It was reformed into a joint-stock company in 1992 and became a listed company in 1997. It is one of the largest famous paint manufacturers in China. In the history of China's industrial development, "Lighthouse" coating represents the pride of China's national coating industry. In the national key military projects and aerospace projects, it has undertaken the development, production and application of a large number of special coatings, making due contributions to China's aerospace industry. "Lighthouse" paint is used for Shenzhou V, Shenzhou VI, Shenzhou VII, Shenzhou VIII, Shenzhou IX, Shenzhou x, Chang'e-1, Chang'e-2, chang'e-3 lunar orbiting satellites, Tiangong-1 space station and long March-5 launch vehicles

as a pioneer in the reform of state-owned enterprises in Tianjin, TEDA holdings makes every effort to promote the mixed reform process of its competitive enterprises. The lighthouse coating project followed the principles of concept fit, strong cooperation, complementary advantages, etc. to find and contact interested parties. On June 19, it completed the comprehensive review of mixed reform in Tianjin property right trading center, and finally reached strategic cooperation with China National Building Materials Group

China National Building Materials Group Co., Ltd. (hereinafter referred to as China National Building Materials Group) is a central enterprise directly managed by 278 plastics state owned assets supervision and Administration Commission of the State Council, which was reorganized by China National Building Materials Group Co., Ltd. and China National Materials Group Co., Ltd. with the approval of the State Council

China Building Materials Group is the world's largest comprehensive building materials industry group, the world's leading developer of new materials and comprehensive service provider. It has been listed as one of the Fortune Global 500 enterprises for nine consecutive years and ranked 203 in 2019. By the end of 2019, the company had total assets of 600billion yuan, annual operating income of more than 390billion yuan and 200000 employees. It has 13 listed companies, including 2 overseas listed companies. Cement, commercial concrete, gypsum board, glass fiber, wind power blade,%): the scale of 7 businesses including c0.64 cement glass engineering technical services ranks first in the world; Many new material businesses, such as ultra-thin electronic glass, high-performance carbon fiber, lithium battery separator, ultra-high voltage electric porcelain, are leading in China

the successful delisting of the lighthouse coating shows the firm confidence of the capital market in the investment value and good prospects of TEDA enterprises

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