State-owned listed Hanxiang strives to be the second
State-owned listed Hanxiang strives to be the second
After a five-year absence, the privatization of public enterprises set sail again. Hanxiang Aviation Industry sent an application for stock listing yesterday, which is the second state-owned enterprise after Taiwan Shipping was privatized and listed at the end of 2008.
Hanxiang has an actual capital of 9.083 billion yuan, and the person in charge is Liu Jiechen. The company is located in Xitun District, Taichung City. 2013 pre-tax earnings of 1.388 billion yuan, net profit per share (EPS) 1.42 yuan, the main business for aircraft and aircraft maintenance, engines, industrial and technical services.
According to the plan of Hanxiang and the Ministry of Economic Affairs of the competent authority, Hanxiang's privatization plan was submitted to the Executive Yuan in July 2013 and is expected to release shares in the second quarter of this year, with the goal of listing shares in the fourth quarter.
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