Dandong Chemical Fiber Announces Asset Restructuring Plan

On December 26, 2007, Dandong Chemical Fiber Co., Ltd. (Dandong Chemical Fiber) formally announced that its controlling shareholder Dandong Chemical Fiber (Group) Co., Ltd. plans to cooperate with Dalian Honglin Investment Holding Group Co., Ltd. to carry out the development of Dandong Chemical Fiber. Asset restructuring. Previously, the reorganization plan had been discussed and approved by the mayor of the Dandong Municipal Government.

According to reports, Dandong Chemical Fiber has suffered continuous loss for more than two years. The company's current net assets have been negative and are facing risk of delisting. Its shares have been specially dealt with. The assets reorganization plan of Dandong Chemical Fiber is: Honglin Investment Group has become the actual controller of Dandong Chemical Fiber by acquiring the equity of Dandong Chemical Fiber. At the same time, the Honglin Investment Group intends to repay the Dandong Chemical Fibers owed for Danhua Chemical Group with quality assets. In addition, Dandong Chemical Fibers will also sell its chemical fiber assets and liabilities.

Honglin Investment Group mainly engages in project investment, economic information consulting, construction and decoration engineering construction, steel pipe manufacturing and processing, property management and leasing, domestic general trade, real estate development and sales.

This equipment is highly effcient, highly precise and highly reliable heat cutting manchine, combining with the best mechaniacl drive and oxygen & gas fuel cutting technology. It is mainly used for profile cutting and cutting thickness is form 6 mm to 300mm.

Magnetic Crawling Gas cutting tractor

It complete all position welding and cutting in wheeled magnetic crawling way.It is suitable for the welding and cutting of industrial field ,such as all positions welding of tank ,storage tank ,nuclear safety shell ,hull longitudinal seam joints ,steel pipe;the cutting of ball plate ,head plate ,sheet and sheel plate bevel.

Performance characteristics of the gas cutting tractor

1. It can complete the spatial curved bevel cutting and multi-passes welding in high quality with tracking the weld seam and scribing by vision sensor, without manual adjustment.

2. Robot with turning function can complete the arc walk, control the speed in a stepless and accurate way.

3. The weld pool monitoring system can clearly observe the melting pool and the pass of welding, reduces the welding workers labor intensity, reduces the adverse effect of welding process on the body.

4. Welding oscillator can complete various forms of swing, set the parameters of swing flexibly.

5. Robot can adjust the parameters of cutting and welding process by wireless remote control, it's convenient and quick.

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