January 11, 2011 SAIC Motor held a board of directors passed three resolutions:
(1) Investment in the establishment of Shanghai Automotive Investment Co., Ltd. (tentative name); registered in Shanghai, China; registered capital of 500 million yuan, all funded by Shanghai Automotive.
(2) The company jointly invested with Tangshan Public Transport Corporation and Haixing (Tanghai) Investment Co., Ltd. to establish SAIC Tangshan Bus Co., Ltd. (tentative name); the registered capital is 170 million yuan, of which the company contributed 86.7 million yuan, accounting for the total The stock ratio is 51%.
(3) Agreed to the company's separation of wholly-owned subsidiary Shanghai Huizhong Automobile Manufacturing Co., Ltd. and the establishment of Shanghai SAIC Commercial Vehicle Co., Ltd. (tentative name).
After the separation of Shanghai Huizhong, the company name, registered place and business scope remained unchanged, and the registered capital was adjusted to 823 million yuan. The newly established Shanghai SAIC Commercial Vehicle Co., Ltd. is registered in Shanghai, China; registered capital is RMB 596 million.
The impact of investment projects on the company’s recent profits is basically negligible, but it can be speculated that the company began to re-plan the layout of the commercial vehicle business. Based on the company’s current company valuation, we still maintain the company’s Buy-B investment rating.
PVC Non metallic LiquidConnector
PVC No-nmetallic Liquid Tight Connector descriptions:
1.No-nmetallic Liquid Tight Connector-Straight
2.UL list
3.Straight Nonmetallic liquid-tight connectors are used to terminate andseal Liquid -Tight Flexible Nonmetallic Type B Conduit to either an oil-tight, liquid-tight or rain-tight box or enclosure.Connectors can beused with tapered thread femaleentry or unthreaded knock-out using the provided sealingwasher and locknut.
4. Resists Salt Water, Weak Acids, Gasoline, Alcohol,Oil, Grease and Common Solvents
5. No Disassembly Required
6.Reusable
Pipe Fittings Sizes:
pvc pipe sizes chard id od inner diameter outer diameterAs mentioned in a previous blog post about PVC pipe outer diameter, PVC pipe and fittings use a nominal system for standard sizing. This is so all parts with the same size in their name will be compatible with each other. All 1" fittings will fit on 1" pipe, for example. That seems pretty straightforward, right? Well here's the confusing part: the outer diameter (OD) of PVC pipe is greater than the size in its name. That means that 1" PVC pipe will have an OD that is greater than 1", and a 1" PVC fitting will have an even larger OD than the pipe.
The most important thing when working with PVC pipe and fittings is the nominal size. A 1" fitting will fit on a 1" pipe, regardless of whether either one is schedule 40 or 80. So, while a 1" socket fitting has an opening wider than 1" across, it will fit on a 1" pipe because the OD of that pipe is also greater than 1".
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Timeplex Industrial Limited , https://www.hktimeplex.com