On March 6, the China Securities Regulatory Commission issued a notice that the first batch of Zhejiang Yinlun Machinery Co., Ltd. was approved after the review of the 22nd meeting in 2007. This is the first company in the rooftop company to receive the first launch.
According to public information, Zhejiang Yinlun Machinery Co., Ltd. plans to issue 30 million shares of outstanding shares, and the total share capital of 100 million shares will be issued. The above 100 million shares are tradable shares.
Zhejiang Yinlun Machinery Co., Ltd. specializes in producing various kinds of radiators. At present, the three major diesel engine manufacturers in the world are Cummins of the United States, Perkins of the United Kingdom, Deutz of Germany, the world’s three largest suppliers of automobile parts and components, Delphi, Westone, and Valeo of France, as well as many famous automobile companies in the world such as Ford. Dyke-Benz and Volvo are all customers of the "Silver Wheel." In China, the "Silver Wheel" has established close cooperation with major engine and automobile manufacturers such as FAW Dachai, Second Automobile, Dongfeng Cummins, Weichai Power, Nanhua Iveco and Tianjin Perkins.
The “Eleventh Five-Year†company’s “Eleventh Five-Year Plan†goal is to achieve sales of RMB 1.5 billion and become the top 20 companies in the world automotive heat exchanger industry. They are rapidly moving towards the goal of "world-class diesel engine and automotive parts suppliers."
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