Right now, Shandong Iron and Steel Group (hereinafter referred to as “Shangangâ€) reorganized Rizhao Steel Group (hereinafter referred to as “Japan Steelâ€) to the final stage. The value of Japanese steel has begun to become the focus of the game between the two sides. Recently, the reporter learned from relevant channels that the China Enterprise Assets Appraisal Company has evaluated the value of all assets and related businesses of Nippon Steel, which is about 45 billion yuan. This valuation will be a huge sum for Shanshan Steel; it seems to be an insurmountable high threshold for future restructuring.
The sky-price valuation reorganization and entanglement is difficult to clear. On February 28, it was originally the final deadline for the restructuring of Nippon Steel set by Shangang. However, to this day, the restructuring of Shangang Steel is still unsound, and the planned restructuring process will be postponed again. On the surface, the reason for the reorganization of the reorganization is related to the departure of Zhao Xiaowei, the former mayor of Rizhao City and the head of the restructuring coordination group. After all, the successor also needs time to investigate and be familiar with the situation. But the more crucial question is how much the restructuring price is, and the two sides have not been able to reach an agreement. Shangang and Nippon Steel jointly selected a two-party evaluation company, China Enterprise Assets Evaluation Corporation. The reporter learned from relevant sources that the current assessment of all assets and related businesses of Nippon Steel has ended, with an estimated value of approximately RMB 45 billion. Although the restructuring parties are silent on this figure, this figure will serve as the basis for the next round of reorganization negotiations and the focus of the game. Previously, the focus of negotiations between the two sides has been on the scope of restructuring assets. On September 6, 2009, as the largest state-owned enterprise in Shandong, Shangang and the private steel company Nippon Steel signed an asset restructuring cooperation agreement. According to the first restructuring agreement, Shangang only acquired all fixed assets, land and creditor's rights of Rizhao Steel Company, Rizhao Steel Company, Rizhao Steel Rolling Steel Company, Rizhao Steel Holding Group, Rizhao Xuri Power Generation Company and Rizhao Jinghua Energy Technology Development Company. debt. This is almost all the core assets of Nippon Steel. At that time, the estimated value of this part of the assets was about 24.2 billion yuan. However, after Shanshan Steel acquired the core assets of Nippon Steel, the peripheral and related assets remaining in the hands of Chairman Du Shuanghua will be greatly devalued. In the case of the strong insistence of Nippon Steel, Shanshan made a concession and signed a second restructuring agreement, agreeing to acquire Nissan in one time. According to a relevant person, the scope of this assessment of China Enterprise has covered the first time, the core assets of 24.2 billion yuan, in addition to the non-core assets of Japan Steel and related auxiliary business. In fact, if it is not the location of the Japanese steel industry that blocks the overall planning of the steel industry in Shandong Province, Shansteel has a strong willingness to acquire, and it is apparently unwilling to be annexed as a private enterprise. In the hands of Du Shuanghua, Rigang is the most profitable “steel printing machineâ€. With the Japanese steel, Du Shuanghua once climbed the throne of the "second richest man". In 2010, Nippon Steel completed 12.36 million tons of steel output, achieved sales income of 45.3 billion yuan, profit of 4.5 billion yuan, and paid taxes of 3.1 billion yuan. If it is based on the profit of 4.5 billion yuan of Nippon Steel and the valuation of the overall assets of 45 billion, the time it takes for Shangang to restructure its investment is about 10 years. However, paying tens of billions of dollars is not an easy task for Shanshan. As of September 30, 2010, Shangang's total assets were 120.81 billion yuan, total liabilities were 84.439 billion yuan, owner's equity was 36.371 billion yuan, and monetary funds were 14.188 billion yuan. In 2009, Shangang's profit was only 1.5 billion yuan. Fortunately, Shangang has bank credits of hundreds of billions of funds from financial institutions such as ICBC and ABC. An executive from the Shandong Provincial Government told reporters that the Shandong provincial government wants to build a fine steel base in Rizhao, which has been written into Shandong's “Twelfth Five-Year Planâ€. The production capacity of Nippon Steel is relatively backward. Before the completion of the fine steel base, it is bound to eliminate a considerable part of the production capacity. Some insiders pointed out that 45 billion yuan is only to evaluate the valuation value given by the company, the final restructuring price, and even the scope of restructuring assets, but also depends on the situation of Shangang and Japan Steel at the negotiation table.
Du Shuanghua's move to Yingkou If Du Shuanghua loses where Japan Steel will turn, it has always been a mystery, but Du Jinlai's move seems to give the answer. Perhaps it is the arrangement of fate. Du Shuanghua encountered reorganization of state-owned enterprises on the one hand in sunshine; on the other hand, he has already started to host another state-owned enterprise in Yingkou - Yingkou Zhongban Co., Ltd. of Minmetals Group (hereinafter referred to as "Yingkou Middle Board" "). Yingkou Zhongban is a steel enterprise with a history of medium and heavy plate production for more than 30 years, with a plate capacity of 3 million tons. However, after the financial crisis, Yingkou’s losses in the mid-board have not been able to reverse the situation. According to the announcement of Minmetals Development, the Board of Directors agreed that the Company and Rizhao Steel and Xuyang Holdings Co., Ltd. signed the Cooperation Framework Agreement to cooperate on matters such as the management and restructuring of the Company's controlling subsidiaries. At present, Rizhao Steel has sent people to station and host. According to a management person in Yingkou Zhongban, the company had previously visited a number of companies. The reason for the final determination of Nippon Steel was to take into account the internal management level and efficiency of the company's operations. For Ying Shuanghua, for Du Shuanghua, in the case that the country basically does not approve new capacity, it means “a major opportunity†for another stove. In the speech of Yingkou Zhongban, Du Shuanghua said with emotion: "The cooperation between state-owned enterprises and private enterprises should not be one or the other, and it is not incompatible with each other. State-owned enterprises have the advantages of state-owned enterprises, and private enterprises have the characteristics of private enterprises. Under the market economy system, it is entirely possible to achieve a harmonious connection between the two through a new model. In fact, the Yingkou plate has similarities with Nippon Steel. Both belong to the coastal city and have the natural convenience of iron ore and steel transportation. At the beginning, Rizhao Steel relied on this advantage, and the freight per ton of steel could be more than 200 yuan. Du Shuanghua also said that "Yingkou Zhongban Factory has the advantage of geographical location compared with Nippon Steel, and has more advanced equipment than Japan Steel." In 2010, all employees of the company, including wages and bonuses, had an annual income of more than 60,000 yuan. This level of salary, whether in the local or nearby peer companies are ranked in the top. Du Shuanghua once said in Yingkou Zhongban that the Yingban factory started from March 1st with the salary and the Japanese steel, and began to compare the technical indicators of production and economics on April 1 to July 10th. The custody is to prepare for the acquisition of the Yingkou plate. If Shanshan Steel and Nippon Steel are successfully restructured in the future, Du Shuanghua will be able to purchase Yingkou Middle Plate with the funds of Japan Steel. It is foreseeable that a family is a state-owned enterprise transformed from a private enterprise, and a private enterprise transformed from a state-owned enterprise is bound to become a competitor of the industry.
 Flap Disc
Flap disc, commonly known as flat emery
cloth wheels, emery discs, flower impellers or elastic grinding discs, are a
large variety of coated abrasive conversion products, which press the cut
coated abrasive sheets one by one. It is formed by sticking adhesive to the
back cover plate along the circumference. The flap disc are called strong
elastic grinding discs. They are made of calcined emery cloth, which uses mesh,
nylon, plastic, steel paper and other materials as the base. Attached abrasive
tools, evenly distributed in a fan shape to ensure the best grinding effect.
The particle size is 36#-320#, 60# and 80# are the most common, and the outer diameter
is 4"-7" installed on the angle grinder. Angle grinders are mainly
installed on hand-held Power Tools to polish and polish welds, burrs, chamfers,
surface rust removal, and surface polishing of various metal and non-metal
parts.
The flat emery cloth wheel (flap wheel) is
formed by sticking multiple emery cloth sheets on the tray in a fan-shaped
superimposed arrangement, and the bonding angle between each emery cloth and
the tray plane is 10°-30°. The emery cloth arrangement of the utility model can
make When the abrasive cloth wheel grinds and polishes the workpiece to be
processed, the cutting angle is optimized to ensure that the base material of
the abrasive cloth wheel and the grinding are consumed simultaneously, which
obviously improves the overall wear resistance and grinding efficiency of the
flat abrasive cloth wheel, and prolongs the service life of the abrasive cloth
wheel. Grind the surface of metallic and non-metallic materials.
product advantages:
Compared with the resin grinding wheel for
fixed abrasives, it has the advantages of polishing and polishing at one time,
shortening the operation time, saving the grinding cost, high efficiency, good
heat dissipation, high grinding efficiency, reducing operator fatigue,
increasing machine life, etc. It has strong elasticity, High tensile and
bending strength and good grinding effect. The grinding speed is fast, the
effect is good, and the noise during grinding is low. It is suitable for
various industries or fields of manufacturing such as major metal parts
factories and machinery factories. Good weather resistance, salt spray
resistance and heat resistance, suitable for use in different regions.
Scope of application:
It is suitable for polishing of stainless
steel, metal, metallurgy, automobile, wood, marble and other industries. It is
especially suitable for the processing of stainless steel and can replace the
resin-shaped grinding wheel. It has strong elasticity, high tensile and bending
strength, good self-sharpening, high grinding rate, and low noise. It is
suitable for welding seams in the box. Polishing of the edges.
There are different classifications of
louvers according to different angles. The following are two common
classifications:
According to the appearance: T27 VS T29
Flap disc generally have two shapes, curved
and flat.
The flap disc type is also called the T27
type, and the curved type generally refers to the T29 type.
The flap disc type (T27) has a flat
surface. It is mainly used to polish the flat surface and the external edges
and corners. The flap disc and the workpiece are angled during work, which can
complete the grinding and polishing at one time, reducing the work flow.
The curved surface of the curved louver
(T29) has an upward arc, which makes the T29 flap disc have a better cutting
ability on the plane. When working, the T29 type grinding wheel forms an angle
of 15° to 25° with the grinding surface, which is mainly used to deal with the
grinding of contours and edges. When there are higher requirements for speed
and cutting ability, T29 flap disc is undoubtedly the best choice.
The related abrasive products we can supply is Flap Disc Adhesive, Bonded Abrasives , and Abrasive Machine such as Flap Disc Making Machine,Abrasive Belt Making Machine, Flap Wheel Machine , Polishing Machine ,Sanding Disc Machine, if you have any needs about abrasive tools, please kindly feel free to contact us.
According to the type of abrasive
particles: ceramic alumina VS zirconium corundum VS alumina
According to the type of abrasive selected,
the flap disc can be divided into three types: ceramic alumina, zirconium
corundum and alumina.
Because ceramic alumina itself has many
crystals, it has good self-sharpening, relatively neat edges, good heat dissipation,
and long service life. Therefore, ceramic alumina louvers are mainly used for
the grinding of stainless steel, aluminum and other hard metals.
Zirconium corundum itself is a
polycrystalline crystal, with fast cutting speed, good self-sharpening, and strong
resistance to high pressure and high temperature. Therefore, zirconium corundum
louver blades have strong cutting ability and long service life.
Alumina: single crystal, the cutting ability begins to
decline at the beginning of grinding, and the abrasive grains are not easy to
break, so the alumina flap disc is suitable for the processing of common
metals.
Flap Disc,Flap Disc Machine,flap disk 4.5,Polishing Flap Disc,Sandpaper Flap Wheel
Zhengzhou Jiading Abrasive Manufacturing Co.,Ltd , https://www.jiadingabrasive.com