After being provoked several times, “Xinyang Bearing†found the final destination. On May 27, Fuyang Bearing announced to the public that “it is now approved by Hubei Provincial People’s Government on May 26, 2009†issued by the People's Government of the People's Republic of China on the Transfer of Equities of Liyang Automotive Bearing Group Co., Ltd. 95% of the group's state-owned shares were transferred to Sanhuan Group by Xiangfan City's SASAC, and Shenyang Automotive Bearing Group Co., Ltd. became a holding subsidiary of Sanhuan Group.†It is understood that the actual controller of the Sanhuan Group is Hubei Provincial SASAC. It is mainly engaged in the production and operation of special vehicles, special vehicles, military vehicles, auto parts, and CNC forging presses. In 2008, the total assets were 8.3 billion yuan. Integrated path The “Reorganization Agreement†signed by Sanhuan Group and Shenyang Automotive Bearing Group Co., Ltd. stipulates that the Xiangfan City People’s Government agrees that the Xiangfan City State-owned Assets Supervision and Administration Commission will transfer the 95% equity interest of Yanzhou Group to Sanhuan Group without compensation; In the next two years, the Sanhuan Group will invest no less than RMB300 million in the Shuzhou Group, or the reorganization agreement will be terminated. "It is not clear how to invest RMB 300 million," said Liao Yonggao. However, the thinking of Hubei Province is relatively clear, and it is hoped to build an aircraft carrier’s aircraft carrier. On February 17 this year, Hubei Provincial Governor Li Hongzhong came to Sanhuan Group to investigate and demanded that he should create the "aircraft carrier" of the auto parts industry in Hubei Province. It is understood that Sanhuan Group has extensively developed the market and provided auto parts support for at least 10 auto companies in China. Continuing to do a good job in traditional projects - auto parts have also become the current strategic focus of Sanhuan Group. Two months after the investigation by Li Hongzhong, the Hubei State-owned Assets Supervision and Administration Commission quickly moved and transferred the stake in the Axis Group to Sanhuan Group. After the Axis Group merged into the Sanhuan Group, “I understand that the initial idea of ​​the Sanhuan Group is to continue to enlarge and strengthen the main business car bearing of Xiangyang Bearing. The Sanhuan Group has no assets related to automobile bearings, so for the time being There is no possibility of asset injection.†Director of the Third Ring Group's controlling listed company Sanhuan (000883.SZ) He Yixin told the reporter that after the Sanhuan Group indirectly controls Xiangyang Bearing, it will not affect the three. The development of the ring shares. “The most urgent task after the Three-ring Accession is to make the main industry of Xiangyang Bearing well. This company was once the fourth-largest bearing factory in China, but that was 10 years ago. At present, the domestic consumption of this industry is 100 billion, However, the axis only accounts for 5 billion yuan, and the market share is quite low." He Yixin said. He Yixin’s statement was also confirmed by Chairman Shu Jian. “The Sanhuan Group will complete the operation of the Shuozhou Group and will create the Sanhuan Group as an aircraft carrier for the special automobile and auto parts industry in Hubei Province. The Sanhuan Group will also have better development opportunities,†said Shu Jian. It is understood that the Sanhuan Group has proposed the end of the "Eleventh Five-Year" output value of over 10 billion, the "12th Five-Year" end of the value of over 20 billion, to build Hubei industry "aircraft carrier" goals, and recently the Third Ring Group Reorganization is an important step in building an industrial aircraft carrier in Hubei. Shu Jian stated that under the background of the country's vigorous development of the automotive industry, the reorganization of the Sanhuan Group and Yanzhou Group, which specialize in auto parts, will produce a very good synergy effect and can better benefit from the great development of the automotive industry. . Secondly, Hubei Province also hopes to build Sanhuan Group into an aircraft carrier in the province's special-purpose vehicles and auto parts industry. Finally, the acquisition of Yanzhou Group is also a requirement of Tricyclic Group's product structure adjustment. Shu Jian said that the acquisition of the Axis Group currently involves only the level of the group company and has nothing to do with the listed company's shares in the Third Ring. "Three-ring Group has two listed companies and is likely to reorient two listed companies. Xiangyang Bearing is likely to be positioned as an auto parts company, and Sanhuan Group is likely to be positioned as a vehicle company." People familiar with the Sanhuan Group disclosed to this reporter.