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<description>Zhejiang Zhongda Group Co., Ltd.</description>
<link>http://www.alacrastore.com/company-snapshot/Zhejiang_Zhongda_Group_Co_Ltd-2509919</link>
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<item><title>Zhejiang Materials Ind Grp acquires a minority stake in Zhejiang Zhongda Group Co Ltd (pending)</title><description>CHINA - Chinese state-owned Zhejiang Materials Industry Group Corp (ZM) planned to raise its stake to ##.##% from ##.##%, by acquiring a further ##.##% stake, or ##.### mil new ordinary shares, in Zhejiang Zhongda Group Co Ltd, a garments and textiles wholesaler, in exchange for ZM's ###% interest in Zhejiang ZMYT Mechanical &amp; Electrical Equipment (Group) Co Ltd, valued at #.### mil Chinese yuan ($###.### mil US), in a privately negotiated transaction.</description><pubDate>10/23/2008 3:25:02 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">98766T</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">98947C</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">712219</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">98947C</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Zhejiang Materials Industry Group Corp</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Zhejiang Zhongda Group Co Ltd</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Peoples Republic of China</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Zhejiang Zhongda Group Co Ltd</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Zhejiang_Materials_Ind_Grp_acquires_a_minority_stake_in_Zhejiang_Zhongda_Group_Co_Ltd-2021229040</link><guid isPermaLink="false">sdc/2021229040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2021229040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Wholesale Trade-Durable Goods</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>China</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Durable goods, nec</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>5099</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Government</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">4731:Arrangement of transportation of freight and cargo</sdc:value><sdc:value sdc:p="1">5099:Durable goods, nec</sdc:value><sdc:value sdc:p="2">5199:Nondurable goods, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value>999A:National government</sdc:value></sdc:aupsic_SIC><sdc:b_EXCHANGE><sdc:value>Shanghai</sdc:value></sdc:b_EXCHANGE><sdc:b_MAINDUSTRY><sdc:value>Wholesale Trade-Nondurable Goods</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>China</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Piece goods, notions, and other dry goods</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>5131</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>600704</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>1047732001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Natl govt</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Whl garments,textiles</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Stock</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Newly Issued Ord Sh</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>557344001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Oct 23 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.57800</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>197.83700</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>42.82100</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>36.26500</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>14.20100</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>31.83300</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>9.67800</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>17.77200</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>216.68200</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.73900</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>1.34800</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>36.63100</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.06700</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>25.13100</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>49.54900</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>634.01800</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>258.45000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>998.67600</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_DATEFIN><sdc:value>30 Jun 08</sdc:value></sdc:fiscal_DATEFIN><sdc:fiscal_FISCAL><sdc:value>31 Dec 07</sdc:value></sdc:fiscal_FISCAL><sdc:fiscal_FISCAL1><sdc:value>31 Dec 06</sdc:value></sdc:fiscal_FISCAL1><sdc:fiscal_FISCAL2><sdc:value>31 Dec 05</sdc:value></sdc:fiscal_FISCAL2><sdc:fiscal_FISCAL3><sdc:value>31 Dec 04</sdc:value></sdc:fiscal_FISCAL3><sdc:fiscal_FISCAL4><sdc:value>31 Dec 03</sdc:value></sdc:fiscal_FISCAL4><sdc:fiscal_RATE><sdc:value>0.14600</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Zhejiang Materials Industry</sdc:value><sdc:value sdc:p="1">Group Corp is a domestic and</sdc:value><sdc:value sdc:p="2">international wholesale</sdc:value><sdc:value sdc:p="3">trading company, headquartered</sdc:value><sdc:value sdc:p="4">in China.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Zhejiang Materials Industry Group Corp is a domestic and</sdc:value><sdc:value sdc:p="1">international wholesale trading company, headquartered in</sdc:value><sdc:value sdc:p="2">China.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Zhejiang Materials Industry Group Corp is a domestic and international wholesale trading company, headquartered in China.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value><sdc:value sdc:p="22">23.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Zhejiang Zhongda Group Co Ltd,</sdc:value><sdc:value sdc:p="1">located in Zhejiang, sells</sdc:value><sdc:value sdc:p="2">imported general merchandise.</sdc:value><sdc:value sdc:p="3">Other activities include the</sdc:value><sdc:value sdc:p="4">development and sale of real</sdc:value><sdc:value sdc:p="5">estate; export of manufactured</sdc:value><sdc:value sdc:p="6">and processed goods and</sdc:value><sdc:value sdc:p="7">provision of economic</sdc:value><sdc:value sdc:p="8">technology consultancy</sdc:value><sdc:value sdc:p="9">services. Products consist of</sdc:value><sdc:value sdc:p="10">home textile, cotton</sdc:value><sdc:value sdc:p="11">solid-dyed/printed flannel</sdc:value><sdc:value sdc:p="12">fabric, cotton corduroy fabric</sdc:value><sdc:value sdc:p="13">(plain and stretched), men's,</sdc:value><sdc:value sdc:p="14">children's and women's</sdc:value><sdc:value sdc:p="15">garments, apparel and fashion,</sdc:value><sdc:value sdc:p="16">toys,foodstuff, veiling, arks,</sdc:value><sdc:value sdc:p="17">gifts and crafts, tea and</sdc:value><sdc:value sdc:p="18">beverage and others. Products</sdc:value><sdc:value sdc:p="19">are exported to Asia, Africa,</sdc:value><sdc:value sdc:p="20">Asia Pacific, America and</sdc:value><sdc:value sdc:p="21">Europe. The company was</sdc:value><sdc:value sdc:p="22">founded in 1992.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Zhejiang Zhongda Group Co Ltd, located in Zhejiang, sells</sdc:value><sdc:value sdc:p="1">imported general merchandise. Other activities include the</sdc:value><sdc:value sdc:p="2">development and sale of real estate; export of manufactured</sdc:value><sdc:value sdc:p="3">and processed goods and provision of economic technology</sdc:value><sdc:value sdc:p="4">consultancy services. Products consist of home textile,</sdc:value><sdc:value sdc:p="5">cotton solid-dyed/printed flannel fabric, cotton corduroy</sdc:value><sdc:value sdc:p="6">fabric (plain and stretched), men's, children's and women's</sdc:value><sdc:value sdc:p="7">garments, apparel and fashion, toys,foodstuff, veiling,</sdc:value><sdc:value sdc:p="8">arks, gifts and crafts, tea and beverage and others.</sdc:value><sdc:value sdc:p="9">Products are exported to Asia, Africa, Asia Pacific, America</sdc:value><sdc:value sdc:p="10">and Europe. The company was founded in 1992.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Zhejiang Zhongda Group Co Ltd, located in Zhejiang, sells imported general merchandise. Other activities include the development and sale of real estate; export of manufactured and processed goods and provision of economic technology consultancy services. Products consist of home textile, cotton solid-dyed/printed flannel fabric, cotton corduroy fabric (plain and stretched), men's, children's and women's garments, apparel and fashion, toys,foodstuff, veiling, arks, gifts and crafts, tea and beverage and others. Products are exported to Asia, Africa, Asia Pacific, America and Europe. The company was founded in 1992.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>439.18000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>Chinese Yuan</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>20 Oct 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 20 Oct 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 10/20/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. Part. 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">CHINA - Chinese state-owned</sdc:value><sdc:value sdc:p="1">Zhejiang Materials Industry</sdc:value><sdc:value sdc:p="2">Group Corp (ZM) planned to</sdc:value><sdc:value sdc:p="3">raise its stake to 34.02% from</sdc:value><sdc:value sdc:p="4">19.35%, by acquiring a further</sdc:value><sdc:value sdc:p="5">14.67% stake, or 64.423 mil</sdc:value><sdc:value sdc:p="6">new ordinary shares, in</sdc:value><sdc:value sdc:p="7">Zhejiang Zhongda Group Co Ltd,</sdc:value><sdc:value sdc:p="8">a garments and textiles</sdc:value><sdc:value sdc:p="9">wholesaler, in exchange for</sdc:value><sdc:value sdc:p="10">ZM's 100% interest in Zhejiang</sdc:value><sdc:value sdc:p="11">ZMYT Mechanical &amp; Electrical</sdc:value><sdc:value sdc:p="12">Equipment (Group) Co Ltd,</sdc:value><sdc:value sdc:p="13">valued at 1.067 mil Chinese</sdc:value><sdc:value sdc:p="14">yuan ($156.531 mil US), in a</sdc:value><sdc:value sdc:p="15">privately negotiated</sdc:value><sdc:value sdc:p="16">transaction.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>CHINA - Chinese state-owned Zhejiang Materials Industry Group Corp (ZM) planned to raise its stake to 34.02% from 19.35%, by acquiring a further 14.67% stake, or 64.423 mil new ordinary shares, in Zhejiang Zhongda Group Co Ltd, a garments and textiles wholesaler, in exchange for ZM's 100% interest in Zhejiang ZMYT Mechanical &amp; Electrical Equipment (Group) Co Ltd, valued at 1.067 mil Chinese yuan ($156.531 mil US), in a privately negotiated transaction.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">CHINA - Chinese state-owned Zhejiang Materials Industry Group Corp (ZM) planned to raise</sdc:value><sdc:value sdc:p="1">its stake to 34.02% from 19.35%, by acquiring a further 14.67% stake, or 64.423 mil new</sdc:value><sdc:value sdc:p="2">ordinary shares, in Zhejiang Zhongda Group Co Ltd, a garments and textiles wholesaler, in</sdc:value><sdc:value sdc:p="3">exchange for ZM's 100% interest in Zhejiang ZMYT Mechanical &amp; Electrical Equipment (Group)</sdc:value><sdc:value sdc:p="4">Co Ltd, valued at 1.067 mil Chinese yuan ($156.531 mil US), in a privately negotiated</sdc:value><sdc:value sdc:p="5">transaction.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">CHINA - Chinese state-owned Zhejiang Materials Industry Group Corp (ZM) planned to raise its stake to 34.02% from 19.35%, by acquiring a further 14.67% stake, or 64.423 mil new ordinary shares, in</sdc:value><sdc:value sdc:p="1">Zhejiang Zhongda Group Co Ltd, a garments and textiles wholesaler, in exchange for ZM's 100% interest in Zhejiang ZMYT Mechanical &amp; Electrical Equipment (Group) Co Ltd, valued at 1.067 mil Chinese</sdc:value><sdc:value sdc:p="2">yuan ($156.531 mil US), in a privately negotiated transaction.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">CHINA - Chinese state-owned Zhejiang Materials Industry Group Corp (ZM) planned to raise its stake to 34.02% from 19.35%, by acquiring a</sdc:value><sdc:value sdc:p="1">further 14.67% stake, or 64.423 mil new ordinary shares, in Zhejiang Zhongda Group Co Ltd, a garments and textiles wholesaler, in</sdc:value><sdc:value sdc:p="2">exchange for ZM's 100% interest in Zhejiang ZMYT Mechanical &amp; Electrical Equipment (Group) Co Ltd, valued at 1.067 mil Chinese yuan</sdc:value><sdc:value sdc:p="3">($156.531 mil US), in a privately negotiated transaction.</sdc:value></sdc:n_synopsis5><sdc:p_MANAGER_LONG2><sdc:value>Haitong Securities Co Ltd</sdc:value></sdc:p_MANAGER_LONG2><sdc:p_SEQ><sdc:value>1.00000</sdc:value></sdc:p_SEQ><sdc:p_TFINL_ROLEVAL_LONG><sdc:value>$ 156.531 - Haitong Securities - F 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Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/1209551</link><guid isPermaLink="false">bir/1209551</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><title>Zhejiang Zhongda Group Company Ltd.</title><bir:company xmlns:bir="http://www.alacra.com/bir">Zhejiang Zhongda Group Company Ltd.</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">China</bir:cou><bir:descr xmlns:bir="http://www.alacra.com/bir">Wholesale: Trade in and export of clothing, textiles, footwear and luggage; real estate</bir:descr><bir:sic xmlns:bir="http://www.alacra.com/bir">5131</bir:sic><bir:ssic xmlns:bir="http://www.alacra.com/bir">5136</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">5137</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">5139</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">6531</bir:ssic><bir:naics xmlns:bir="http://www.alacra.com/bir">424310</bir:naics><bir:snaics xmlns:bir="http://www.alacra.com/bir">424320</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">424330</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">424340</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">531210</bir:snaics><bir:class xmlns:bir="http://www.alacra.com/bir">9</bir:class><bir:size xmlns:bir="http://www.alacra.com/bir">E</bir:size><bir:revenue xmlns:bir="http://www.alacra.com/bir">J</bir:revenue><bir:ticker xmlns:bir="http://www.alacra.com/bir">600704</bir:ticker><pubDate>8/13/2008 6:22:00 AM</pubDate><bir:docid xmlns:bir="http://www.alacra.com/bir">1209551</bir:docid><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item></channel></rss>