From September to October 2019, the People's Court of Licheng District of Jinan City successively ruled to accept the application for reorganization of Baoshida International Holding Group Co., Ltd. (hereinafter referred to as Baoshida Group), Jinan Baoshida Industrial Development Co., Ltd. (hereinafter referred to as the Industrial Company), Shandong Baoshida Cable Technology Co., Ltd. (hereinafter referred to as Cable Technology), Baoshida Electronic Technology Co., Ltd. (hereinafter referred to as Electronic Technology), and Shandong Baoshida Cable Co., Ltd. (hereinafter referred to as Baoshida Cable), and designated Shandong Huanzhou Law Firm, Shandong Zhongcheng Qingtai (Jinan) Law Firm co-manages the above five companies. On March 13, 2020, the People's Court of Licheng District of Jinan City rendered the (2019) Lu 0112 No. 2 to No. 6-1 Civil Ruling, ruling that Baoshida Group, Industrial Company, Electronic Technology, Baoshida Cable, Cable Technology, Shandong Guorui Environmental Protection Industry Co., Ltd. (hereinafter referred to as Guorui Environmental Protection), Shandong Baoshida Petroleum Equipment Manufacturing Co., Ltd. (hereinafter referred to as Baoshida Equipment), Shandong Weiland Precision Equipment Manufacturing Co., Ltd. (hereinafter referred to as Shandong Weiland), Jinan Weiland Metal Co., Ltd. (hereinafter referred to as Jinan Weiland), Shandong Chentong Electric Co., Ltd. (hereinafter referred to as Chentong Electric), Dongying Rongqing Trading Co., Ltd. (hereinafter referred to as Rongqing Commerce), Shandong Baoshida Advertising media Co., Ltd. (hereinafter referred to as Advertising Media) were substantively merged and reorganized, and the manager of Baoshida Group was appointed as the manager of 12 companies including Baoshida Group. The first creditors' meeting of 12 companies, including Bosta Group, will be held online on June 24, 2020.
In order to maintain the operating value of 12 companies such as Baoshida Group and achieve effective integration of resources, the manager is now openly recruiting reorganization investors in accordance with relevant laws and regulations, and announces the following on relevant matters:
First, Baoshida Group and other twelve companies introduced
Baoshida Group is a large-scale high-tech enterprise approved by the State Administration for Industry and Commerce to register a crown-free administrative division, with a registered capital of 300.6 million yuan, which is a holding company specializing in high-end manufacturing investment and operation management. After nearly 20 years of development, Baoshida Group and other 12 companies have formed a copper processing plate, cable plate, lighting plate, petroleum equipment plate, environmental protection and trade five major plates of coordinated development of the comprehensive group company, the basic business situation of each plate is as follows:
(1) The basic situation of the copper processing plate
The core company of the copper processing sector is an industrial company, which was established on December 20, 2000 with a registered capital of 100.8 million yuan, and its domicile is located in Baoshida Science and Technology Industrial Park, North Industrial Road, Licheng District, Jinan City. Industrial company in Jinan Licheng District has an area of 260 acres of science and technology industrial park, the company's leading products for precision copper pipes, power station power generation equipment plant large generator sets special electromagnetic wire, electromagnetic wire products include 10 series of a total of more than 120 specifications. The company has 1800 tons of copper and aluminum extruder, linear continuous light annealing furnace, horizontal annealing furnace, well annealing furnace, drawing machine, continuous tying machine, vacuum melting and casting furnace, semi-continuous melting casting furnace, 400 extruder hollow wire coiling stretching machine, pressure testing machine, rebound pressure testing machine, nuclear mass spectrometry leak detector, aging testing machine, resistance testing machine, electronic tensile testing machine, film stalking machine, film wrapping machine, glass fiber wrapping machine, polyester glass filament high-frequency sintering machine, polyester glass filament wrapping machine, four-die drawing machine, There are more than 300 sets of air core wire winding machines, 1500 tons of enameled flat wire machines, wire drawing machines and other advanced equipment and inspection instruments. At present, it has established business relations with dongfang electric, Harbin electric group, Shanghai electric and other large-scale power generation equipment manufacturing plants and motor factories, and is the only one in China that has successfully developed and produced a million kilowatt-class supercritical generator set special electromagnetic wire enterprise, of which the air core wire is listed in the key technological innovation projects of Shandong Province, becoming a high-quality product to replace imports. The company's products were rated as shandong famous brand products, Baoshida trademark is a famous trademark of Shandong Province, in May 2012 by the State Administration for Industry and Commerce as China's well-known trademark, the company also has a national enterprise technology center. The company has established an integrated enterprise management assurance system in accordance with international standards, is a standardized good behavior (AAA) enterprise, the product adopts international standard production certification, is the use of international standard product mark (ASC) certification enterprises, and is the only domestic supporting megawatt-level supercritical generator set electromagnetic wire production enterprises, is one of the enterprises participating in the 2013 independent innovation special plan of Shandong Province, the project is mainly a large-scale generator with unequal wall thickness copper and silver hollow wire industrialization key technology research, optimize the production process , master the core technology, lead the common development and progress of the industry, supporting the reward of 15 million yuan. The company has become a leading enterprise in the power station generator set wire industry, innovative research and development of large power station generator set with unequal wall thickness hollow wire processing technology, ultra-thin insulation wrapping sintering technology, high-speed rail traction motor membrane wrapping wire wrapping sintering technology, high strength, high conductivity CuNi2Si alloy combination mold extrusion technology, Douglas line, centrifugal casting technology.
(2) The basic situation of the cable plate
The core company of the cable sector is Baoshida Cable, Cable Technology, Baoshida Cable was established on November 21, 2005, with a registered capital of 102 million yuan, and its residence is located in Baoshida Science and Technology Industrial Park, North Industrial Road, Licheng District, Jinan City. Baoshida cable leading products include oil mine cables, coal mine cables, wind power cables, locomotive cables, marine cables and other special cables. Oil mine cables include submersible pump cables, logging cables, oil well heating cables and other 6 series of more than 230 kinds of specifications, sold to the country's major oilfields, has established business relations with PetroChina, Sinopec, CNOOC subordinate major oilfields, is the only successful development and production of more than 10,000 meters load detection cable enterprises, the products are included in the national torch plan project. The company's two achievements of "Tackling the Special Cable for Oil Production of Marine Platform" and "Improving the Pass Rate of Coiled Pipe" were awarded the first and second prizes of Jinan City's 2010 annual quality management achievements, and a variety of products became high-quality products that replaced imports.
Cable Technology was established on November 23, 2011, with a registered capital of 100 million yuan, and its domicile is located at No. 16, Fuhua Street, National High-tech Industrial Development Zone, Dezhou (Yucheng), Shandong Province. Cable Technology has built a cable technology industrial park covering an area of 780 acres in Yucheng, Dezhou (Dezhou National High-tech Park). The company has an annual output of 8,000 tons of overhead wires and 6 kV special cables and oil mine cable production capacity, full load can achieve annual sales of more than 6 billion yuan income, belongs to the domestic super large comprehensive cable industry enterprises. The company has steel wire rewinding machine WT-25, vacuum grilling wire stove, low temperature 65 extrusion machine, high temperature 65 extrusion machine, cloth wrapping machine, steel belt rewinding machine, steel belt armoring machine, tin plating machine, rubber dense rubber machine, rubber cutting machine, rubber filter rubber machine, rubber open rubber making machine, salt bath rubber vulcanization wire, steel wire armoring machine 30+30/400, cable bearing machine 630, wire binding machine JSH-400, corrugated steel belt italic machine, YOL continuous press lead machine, 60 cage stranding machine, 60 coiled frame winch, 1+ 6 cage type cable forming machine, imported McLafair even sulfur wire and other advanced equipment. At present, the factory has built submersible pump cable workshop and auxiliary office buildings, detection cable workshop and auxiliary office buildings, marketing center office buildings, comprehensive service center office buildings, staff shift dormitories, special cable workshops, large warehouses and other facilities. The construction area of the detection cable workshop and the submarine oil pump cable workshop is more than 20,000 square meters, and the high-tech cable workshop of 35 kV and below exceeds 40,000 square meters. Benefiting from the rapid development of the petroleum industry in recent years, the company's business has developed rapidly, and it has established business relations with most oil fields such as the three major oil companies. And became its key material supplier, of which petroChina system bidding won the first place for two consecutive years. The company's sales customers are all in the energy industry, which is one of the industries that China vigorously encourages the development of, and the market demand is strong, the prospect is very optimistic, and the policy risk is extremely low.
(3) The basic situation of the lighting plate
The core company of the lighting sector is electronic technology and advertising media, electronic technology was established in October 2008, the registered capital of 60 million yuan, the residence is located in Jinan City, Licheng District, North Industrial Road, Kaiyuan Road No. 8. Electronic Technology is mainly engaged in LED light source devices, LED lighting products and LED display R & D, production, sales and engineering services. In recent years, it has developed a number of high-tech products with independent intellectual property rights, such as LED monochrome, bi-color, full-color series displays, high-power LED street lights, LED tunnel lights, LED flood lights, LED fluorescent lamps, LED downlights, LED bulbs, etc. The company has 6000 square meters of 1 million level dust-free constant temperature purification workshop and 6000 square meters of professional electronic workshop, the introduction of the world's advanced automatic solid crystal machine, wire welding machine, dispensing machine, test classification machine, tape packaging machine, push-pull tester and other LED packaging and testing equipment, automatic placement machine, lead-free reflow soldering, plug-in machine, lead-free wave soldering, assembly production line, photoelectric parameter comprehensive test system, high and low temperature test box, hot and cold impact test box, high temperature and high humidity test box and other application production and reliability test equipment.
At the beginning of the establishment of electronic technology, it carried out industry-university-research cooperation with the Crystal Research Institute of Shandong University and the Analysis and Testing Center of Fudan University, and established a semiconductor lighting technology research and development center, and invited a number of well-known experts at home and abroad in the fields of LED packaging, display screen, lighting and other fields to provide technical guidance, and formed the introduction, transformation and innovation of core technologies in the fields of packaging process, power drive, optical design, heat dissipation structure, etc., and committed to the development of energy conservation and environmental protection in various ways. In 2009, the electronic technology R&D center was rated as the first batch of "Shandong Semiconductor Lighting Engineering Technology Center" by the Department of Information Industry of Shandong Province, and some products filled the domestic gap and obtained a number of national patents.
Advertising Media was established on April 28, 2010 with a registered capital of 5 million yuan, and its domicile is located at No. 8, Kaiyuan Road, East Section of Gongye North Road, Licheng District, Jinan City. The business scope is domestic advertising business, which is the downstream industry of the LED optoelectronic sector and extends the industrial chain of the plate.
(4) The basic situation of the petroleum equipment sector
The core companies of the petroleum equipment sector are Baoshida Equipment and Shandong Weiland, which have an industrial park covering an area of 800 acres in Kenli District, Dongying City.
Baoshida Equipment was established on February 4, 2002, with a registered capital of 30 million yuan, and its domicile is located at No. 39, Shengjing Road, Shengtuo Town, Kenli County, Dongying City. Mainly engaged in pumping machine, special pump, submersible electric pump unit, pump pump, screw pump, machining and accessories, downhole tool production and sales, oil and water well technical services, the main products for special pumping pump, submersible electric pump unit, screw pump, wear-resistant coupling, anti-bias grind rod, pumping machine. The company's leading product vertical pumping machine, production capacity of 900 units / year, submersible electric pump production capacity of 4000 units / year, pump production capacity of 20000 units / year, downhole tools production capacity of 20000 tons / year, hollow suction rod production capacity of 5500 km / year, screw drilling capacity of 5000 sets / year.
Baoshida equipment applied for 36 patents, authorized 23, in 2008 won the Shandong Province patent star enterprise, strict quality, safety management, in 2007 through the ISO14000, 18000, 90200 quality system certification, the company's leading product intelligent linear energy-saving pumping machine won the Shandong Province excellent new products, the national key new product honorary title. The company won the title of Innovative Excellent Enterprise in Shandong Province, is a key support enterprise in Kenli County, plays a huge role in the economic development of Kenli County, and enjoys many policy preferences.
Shandong Weiland was established on August 28, 2002, with a registered capital of 188 million yuan, and its domicile is located at No. 23, Shengjing Road, Shengtuo Town, Kenli District, Dongying City. The main products are sucker rod, petroleum steel pipe, pump barrel, coupling material, plunger material, motor shell, motor shaft, hexagonal steel, hydraulic cylinder and other products, widely used in petroleum, automobile manufacturing, hydraulic pneumatics, coal mining and other major industries. The company has two heat pipe processing units, 19 sets of cold pipe processing units, 4 sets of high-precision hydraulic cold drawing units (the largest scale in Shandong Province) and has been put into production, with a production capacity of 380,000 tons, the main equipment is 100 seamless units, 60 continuous continuous rolling mills, cold rolling mills, cold drawing machines. The diameter of the product diameter is 159mm-20mm, and the wall thickness above 186mm is 2cm-2mm.
Among them, the cold drawing unit machinery selects the equipment provided by Zhangjiagang Hengli and Fujita Hydraulic Machinery, the above two manufacturers have been engaged in the manufacture of the same type of production equipment for many years, advanced technology, in the domestic leading level, the new equipment design mechanical power than the original equipment to expand twice, greatly improving production capacity, improve production efficiency. The 100 seamless unit is mainly based on medium and thick wall pipes, with a high degree of automation, reducing labor intensity, saving labor costs, and high output. The components of the production equipment are ring heating furnace, pipe threading machine, pipe rolling machine, diameter reducer, cold bed, straightening machine, sawing. Among them, the diameter of the ring furnace is 15 meters, the length of the heated steel billet reaches 3.4 meters, the length of the product reaches 12 meters, improving the production efficiency and the rate of finishing, the perforation machine and the pipe rolling machine are all german technology, which is at the domestic first-class level, and the reducer adopts 14 micro-tension reductions, and the domestic units of the same type are mostly 12, or even less, which greatly improves the quality of the steel pipe. The company's 60 continuous rolling mill is a scientific research project, its main characteristics are short process, high product accuracy, more steel grades, less consumption, the main improvement is the merger of the rolling mill and the reducer, and the use of DC motor.
(5) The basic situation of environmental protection and trade sectors
1. Environmental protection industry
The core company of environmental protection industry is Guorui Environmental Protection, Guorui Environmental Protection was established on June 10, 2003, with a registered capital of 121 million yuan, and its domicile is located at No. 8 Kaiyuan Road, Licheng District, Jinan City, which is a comprehensive high-tech environmental protection enterprise integrating project investment, scientific research and development, engineering general contracting, equipment supply, installation, commissioning and operation management and consulting services. The main business involves flue gas desulfurization and dust removal engineering, sewage treatment in chemical, pharmaceutical, petrochemical, papermaking, textile, food, slaughtering and other industries, and the design, development, operation and management of ecological wetlands.
The company has the comprehensive development and operation capabilities of environmental engineering project demonstration, design to complete sets of equipment, engineering construction, operation management, after-sales service, etc., and has established strategic cooperative relations with domestic authoritative environmental protection research institutions such as China Academy of Environmental Sciences, Peking University School of Environment, Department of Environmental Engineering of Shandong University, Department of Environmental Engineering of Zhejiang University, Tianjin Institute of Environmental Sciences, etc., and has obtained strong technical and intellectual support. The company has obtained the operation qualification of environmental pollution control facilities (dust removal, desulfurization and denitrification, domestic sewage, industrial wastewater), environmental engineering (water pollution prevention and control engineering) special design qualification, and environmental engineering professional contracting qualification. Relying on advanced environmental protection technology, the company continues to provide low-cost, high-efficiency, economic and environmentally friendly solutions for dust removal, desulfurization and denitrification, high-difficulty chemical wastewater, high-concentration organic wastewater discharge, deep treatment, recycling, reclaimed water reuse and municipal fields. The development direction is positioned in the treatment of dust removal, desulfurization and denitrification, high-difficulty chemical wastewater, and high-concentration organic wastewater, with strong market competitiveness and broad development prospects.
2. Trade industry
The core companies of the trading industry are Jinan Weiland, Chentong Electric, Rongqing Commerce, and the three companies are mainly used for trade exchanges. Jinan Weiland was established on July 30, 2007, with a registered capital of 100 million yuan, and its domicile is located in Happy Willow Industrial Park, Wangsheren Town, Licheng District, Jinan City. The business scope is sales: steel, copper, wire and cable, insulation materials, motors, transformers, hardware tools and accessories; import and export business. Chentong Electric was established on October 10, 2014, with a registered capital of 10 million yuan, and its residence is located on the 3-4th floor of the marketing building in Area A, No. 8 Kaiyuan Road, North Industrial Road, Licheng District, Jinan City. The business scope is the wholesale and retail of wire and cable, hardware products, electrical equipment, metal materials, daily necessities, rubber supplies, plastic products, electronic products, building materials, environmental protection equipment; import and export business; alloy products, copper, electrolytic copper, electromagnetic wire, precision copper tubes, electronic components, lamps, LED displays and LED lighting products sales, installation, maintenance and other items that are not prohibited and do not require business licenses in accordance with laws, regulations, decisions of the State Council and other regulations. Rongqing Commerce & Trade was established on November 15, 2012 with a registered capital of 2 million yuan, and its domicile is located on the south side of Shengjing Road, Shangzhuang Village, Shengtuo Town, Kenli District, Dongying City, Shandong Province. The business scope is oil pumping machine, pump pump, suction rod, special pump, submersible electric pump unit, downhole tools, petroleum special pipe, seamless pipe, metal materials (does not contain non-ferrous metals), metal products, wire and cable, complete sets of high and low voltage control cabinets, electronic products, insulation materials, mechanical and electrical equipment (excluding monopoly products), building materials, plastic products, office equipment, cultural and sports supplies, alloy products, copper, copper pipes, electronic components, lamps and lanterns sales, electronic display screens and lighting equipment sales, installation and maintenance.
At present, the manager has hired an audit and appraisal agency to conduct a comprehensive asset and liability audit and asset appraisal of 12 companies such as Baoshida Group, and the relevant work is underway.
2. Basic conditions for intended investors
1. The intended investor shall be an enterprise legal person established in accordance with law and effectively existing, the corporate governance structure shall be relatively perfect, with a high sense of social responsibility and good commercial reputation, and the intended investor and its actual controller or major shareholder shall not be included in the list of untrustworthiness by the people's court.
2. The intended investor has sufficient financial strength and strong ability to perform the contract, and can pay the funds required for the reorganization of twelve companies such as Alipay Sida Group within the agreed time, and has sufficient funds to support the production and operation of 12 companies such as Baoshida Group after reorganization.
3. Intended investors with excellent management capabilities, experience in mergers and acquisitions and restructuring, and leading positions in related industries or fields shall be given priority under the same conditions.
4. The intended investor does not have the situation of arrears in wages and social security, nor does it have any case of tax arrears, and has not been punished by the administrative organs, and at the same time promises to protect the legitimate rights and interests of the employees of 12 companies such as Baoshida Group in accordance with the law after being confirmed as a reorganization investor.
5. Intended investors may also form a consortium to participate in the investment, and the members of the consortium may include financial investors and strategic investors, and at least one enterprise of the consortium members meets the conditions of Articles 1 to 4 above. After the formation of the consortium, each member unit shall not participate in the recruitment of this project alone or by joining other consortiums in its own name. The consortium shall specify the members of the lead party, and each member unit shall have clear rights and obligations, and explain the composition of the members, the mode of cooperation, the division of responsibilities, and undertake to bear joint and several liability.
6. The intended investor may invest in the whole of 12 companies such as Baoshida Group and submit the overall restructuring plan; it can also invest in each business sector and enterprise separately and submit the restructuring plan of the business sector and enterprise. For the overall investment restructuring of the twelve companies and the submission of the restructuring plan, the manager will give priority to it.
3. Recruitment process
(1) Registration
1. How to register
During the epidemic prevention and control period, Baoshida Group and other 12 companies reorganized their investor recruitment and adopted a combination of offline and online methods. Offline registration and mailing address: Jinan City, Shandong Province, Licheng District Gongyuan Road No. 8 Kaiyuan Road, Baoshida Group Industrial Park Office Building, fifth floor, online registration mailbox: [email protected], the intended investor can choose one of them to register, online registration of the intended investor needs to send a scanned version of the materials to be submitted to the manager's mailbox and mail the corresponding paper materials.
2. Contact person and contact number
Contact: Lawyer Liu
Contact number: 15665790986
Contact: Lawyer Xu
Contact number: 18663421315
3. Registration deadline
The registration period is from the date of this announcement to June 19, 2020, and if there are no qualified investors at the expiration of the period, the announcement will continue to be valid.
(2) Submit a letter of intent for investment and related materials
1. The letter of intent to invest shall include, but is not limited to, the following:
(1) Entrusted agent or authorized contact person, contact telephone number, e-mail address, correspondence address;
(2) Unit profile (including subject qualifications, industrial and commercial changes, equity structure, etc.);
(3) Proof of financial status, including a description of the financial strength and financing ability such as income and profit, and an explanation of the source of funds for restructuring;
(4) Introduction to the recent operation status, including management team, main business, assets and liabilities, short-term and long-term business planning, etc.;
(5) A commitment or statement that meets the "basic conditions for intended investors" in Article 2 above;
(6) Honors or industry qualifications obtained;
(7) If the consortium participates in the investment, it is also necessary to submit a written description, which should specify the rights and obligations of the specific leading party members and each member unit, explain the composition of the members, the mode of cooperation, the division of duties, and the commitment of each member unit to bear joint and several liability between each other;
(8) Reorganization of 12 companies such as Baoshida Group or related business segments, preliminary plans of enterprises, etc.
2. Relevant materials, including but not limited to the following materials:
(1) A copy of the copy of the business license of the enterprise legal person that passed the 2019 annual inspection;
(2) Proof of identity of the legal representative and a copy of the identity card of the legal representative;
(3) Written proof of non-payment of social security issued by the social security institution;
(4) Power of attorney;
(5) A copy of the ID card of the entrusted agent or authorized contact;
(6) Proof of financial and capital status;
(7) Proof of payment of taxes and social security;
(8) Production and operation qualifications;
(9) Honorary certificate, etc.
The above materials shall be stamped with the seal of the investor and the signature of the legal representative/person in charge, and if they are not submitted as required, the manager has the right not to accept them.
(3) Due diligence and payment of confidentiality deposits
The intended investor submits the above-mentioned investment intention letter and information and pays a confidential deposit to the manager within 10 days after the manager has passed the review, and the amount of the deposit is 300,000 yuan (a one-time payment). Then the manager will notify the intended investor to sign a confidentiality agreement and arrange due diligence, the due diligence time is not more than 30 days from the time of signing the confidentiality agreement, and if the confidentiality deposit is not paid in accordance with the regulations, the manager will not arrange due diligence. Margin payments are made to the following accounts:
Account name: Manager of Baoshida International Holding Group Co., Ltd
Bank: Ping An Bank Co., Ltd. Jinan Branch
Account number: 15000102235495
(When filling in the bank documents, please indicate the full name of the investor's unit and the words "confidential deposit".) ）
The confidentiality deposit is mainly to ensure that investors fulfill their obligations to keep confidential the business information and restructuring information of 12 companies including Baoshida Group. After the intended investor becomes a reorganization investor, the deposit will be converted into investment funds in twelve companies, including Baoshida Group, after the court rules approving the draft reorganization plan. When the intended investor meets the following conditions at the same time, the manager will refund the deposit (without interest) within five working days: first, failing to become a reorganization investor or notifying the manager in writing to withdraw from participating in the restructuring investment of 12 companies such as Baoshida Group; second, the investor has not violated the confidentiality obligation and promised to continue to perform the confidentiality obligation; third, return the confidential information of the twelve companies such as Baoshida Group obtained.
(4) Submit a reorganization plan
The intended investor shall submit a restructuring plan to the manager within 10 days after the completion of the due diligence work, and the restructuring plan shall comply with the reorganization requirements of 12 companies such as Baoshida Group (the specific requirements shall be notified in writing by the manager after the intended investor submits the letter of intent to invest).
(5) Other matters
This announcement is an announcement of the recruitment of intended investors, after the intended investor submits the restructuring plan, the manager will organize consultation and negotiation, expert review, etc., and the specific selection plan manager will notify the intended investor separately, or inform the intended investor separately through the announcement and other means.
4. Special Statement
The content of this announcement is for reference only, does not constitute any commitment or guarantee of the manager, is not used as investment advice, does not constitute an invitation or invitation to an invitation, and investors should use the results of their own due diligence as the basis for investment. The operating conditions, equity status, property rights and other 12 companies such as Baoshida Group shall be subject to the final delivery status.
The final interpretation of this announcement rests with the Administrator, who has the right to adjust the recruitment process in accordance with the investor recruitment process.
Manager of Bosida International Holdings Group Limited
March 27, 2020