The Inner Mongolia Baotou Double Ring Chemicals (Group) Holdings Co. Ltd is a key enterprise producing calcium carbide assigned by the Ministry of Chemical Industry. Its products include calcium carbide, dissolved ace...The Inner Mongolia Baotou Double Ring Chemicals (Group) Holdings Co. Ltd is a key enterprise producing calcium carbide assigned by the Ministry of Chemical Industry. Its products include calcium carbide, dissolved acetylene and electrode paste. Since 1980 it has exported calcium carbide products to Japan, Australia, the Republic of Korea, Pakistan, India, southeast Asia and other countries and regions, with annual exports of 15,000-20,000 tons. It has become the largest enterprise in China exporting calcium carbide. The Double Ring brand calcium carbide won a gold prize from展开更多
The high-quality seersucker series products, produced by the Jiangsu Dyed-Yarn Weaving Group Holdings Co. Ltd. are selling well on the international textiles market. The predecessor of the company was the Tongzhou Cit...The high-quality seersucker series products, produced by the Jiangsu Dyed-Yarn Weaving Group Holdings Co. Ltd. are selling well on the international textiles market. The predecessor of the company was the Tongzhou City Shuangmeng Cloth Weaving Mill, a small factory run by the township. Its Flying Wing brand yarn-dyed seersucker enjoys a展开更多
After series of reforms including the introduction of the shareholding system, re-organization of capital, expansion of business fields and scale through cooperation or merge with other enterprises,Zhongda Group has n...After series of reforms including the introduction of the shareholding system, re-organization of capital, expansion of business fields and scale through cooperation or merge with other enterprises,Zhongda Group has now become a comprehensive enterprise group integrating import and export, foreign and domestic trade, ?and industry and serviceS.In the past five years stan-展开更多
We examine whether business groups' influence on cash holdings depends on ownership. Group affiliation can increase firms' agency costs or benefit firms by providing an internal capital market, especially in t...We examine whether business groups' influence on cash holdings depends on ownership. Group affiliation can increase firms' agency costs or benefit firms by providing an internal capital market, especially in transition economies characterized by weak investor protection and difficult external capital acquisition. A hand-collected dataset of Chinese firms reveals that group affiliation decreases cash holdings, alleviating the free-cash-flow problem of agency costs.State ownership and control of listed firms moderate this benefit, which is more pronounced when the financial market is less liquid. Group affiliation facilitates related-party transactions, increases debt capacity and decreases investmentcash-flow sensitivity and overinvestment. In transitional economies, privately controlled firms are more likely to benefit from group affiliation than statecontrolled firms propped up by the government.展开更多
On July 23rd,2018,Shaanxi Non-ferrous Metals Holding Group Co.,Ltd.published a report.According to the report,in the first half of 2018,the Group scored satisfactory business performance,realizing profit and tax of RM...On July 23rd,2018,Shaanxi Non-ferrous Metals Holding Group Co.,Ltd.published a report.According to the report,in the first half of 2018,the Group scored satisfactory business performance,realizing profit and tax of RMB2.44 billion(a YoY increase of 22.9%)and profit of RMB 0.87 billion(a YoY increase展开更多
文摘The Inner Mongolia Baotou Double Ring Chemicals (Group) Holdings Co. Ltd is a key enterprise producing calcium carbide assigned by the Ministry of Chemical Industry. Its products include calcium carbide, dissolved acetylene and electrode paste. Since 1980 it has exported calcium carbide products to Japan, Australia, the Republic of Korea, Pakistan, India, southeast Asia and other countries and regions, with annual exports of 15,000-20,000 tons. It has become the largest enterprise in China exporting calcium carbide. The Double Ring brand calcium carbide won a gold prize from
文摘The high-quality seersucker series products, produced by the Jiangsu Dyed-Yarn Weaving Group Holdings Co. Ltd. are selling well on the international textiles market. The predecessor of the company was the Tongzhou City Shuangmeng Cloth Weaving Mill, a small factory run by the township. Its Flying Wing brand yarn-dyed seersucker enjoys a
文摘After series of reforms including the introduction of the shareholding system, re-organization of capital, expansion of business fields and scale through cooperation or merge with other enterprises,Zhongda Group has now become a comprehensive enterprise group integrating import and export, foreign and domestic trade, ?and industry and serviceS.In the past five years stan-
基金financial support from the National Natural Science Foundation of China (Project No. 71402005)Social Science Foundation of Beijing (Project No. 15JGC155)
文摘We examine whether business groups' influence on cash holdings depends on ownership. Group affiliation can increase firms' agency costs or benefit firms by providing an internal capital market, especially in transition economies characterized by weak investor protection and difficult external capital acquisition. A hand-collected dataset of Chinese firms reveals that group affiliation decreases cash holdings, alleviating the free-cash-flow problem of agency costs.State ownership and control of listed firms moderate this benefit, which is more pronounced when the financial market is less liquid. Group affiliation facilitates related-party transactions, increases debt capacity and decreases investmentcash-flow sensitivity and overinvestment. In transitional economies, privately controlled firms are more likely to benefit from group affiliation than statecontrolled firms propped up by the government.
文摘On July 23rd,2018,Shaanxi Non-ferrous Metals Holding Group Co.,Ltd.published a report.According to the report,in the first half of 2018,the Group scored satisfactory business performance,realizing profit and tax of RMB2.44 billion(a YoY increase of 22.9%)and profit of RMB 0.87 billion(a YoY increase
