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    M & A reorganization of the auto parts industry to become hot acquisition

    Last week, the Shanghai property market composite index up to 1121 transactions, the lowest 1095, the largest one week volatility 26 points.

    From the industry turnover situation, the most active M & A transactions industry is the asset management industry, the five week contract, the total transaction volume of 2.63 billion yuan. Other active sectors are social services, manufacturing and real estate.

    There were two transactions rather special. These two transactions are different places a vessel owned by the company will transfer the two passenger ships, the results sought after by the market, through the use of auction trading to complete the transaction. The two eventually were a passenger ship and a private individual investors buy, with prices were 2.68 million yuan and 2.42 million yuan.

    Due to rising prices of raw materials and the appreciation of the renminbi and a series of factors, many are integrating into the global automotive industry chain of China's small and medium-sized auto parts enterprises are facing tremendous cost pressures, particularly raw material costs accounted for 80 percent of the local auto parts in the low-end Greater pressure on manufacturers. Therefore, the transfer of the property rights market through the sale of part of the shares to become part of auto financing companies deal with the pressure of competition in the market an inevitable choice. Shanghai property market last week has three auto parts companies stake in the transfer of project turnover.

    At present, China's auto parts enterprises are mostly concentrated in the areas of Zhongdi Dang, low value-added technology, due to fierce market competition and cost pressure on the urgent need to speed up the integration. Property market for auto parts industry consolidation has provided an effective channel, it can be predicted, with the auto industry's growing M & A, the auto parts business transactions of property rights will continue fiery.


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