Wangjiang is only the weakest motorcycle enterprise under the Bingzhuang Group, and its output accounts for a small proportion of the group's motorcycle output. Wangjiang is always only a third-line small brand. In the long run, there is no development potential. Nowadays, the integration of motorcycle industry is the general trend, and many small brands will inevitably be eliminated. Motorcycle enterprises under the Bingzhuang Group now control Jialing, Jianshe, Qingqi, Dayang, Jianshe Yamaha, Qingqi Suzuki and Qingqi Peugeot. They are all domestic first-line brands or joint venture brands. Wangjiang is nothing compared with them, but Chongqing Wangjiang and Suzuki Wangjiang are not the same thing. Ice Pack Group just withdrew from this part of the uncompetitive brand.

The following is the relevant news about this matter.

5.75 million Bingzhuang Group sells shares in Wangjiang Motorcycle.

(Reporter Liu Yong) Wangjiang Motorcycle, an old motorcycle enterprise in Chongqing, will change hands. Yesterday, Chongqing Stock Exchange reported that Bingzhuang Group publicly listed and transferred the equity of Chongqing Wangjiang Motorcycle Manufacturing Co., Ltd. at a price of 5.75 million yuan. According to the data, Chongqing Wangjiang Motorcycle Company is in a state of low profit, with an annual output of tens of thousands of motorcycles, belonging to a third-line motorcycle enterprise.

According to informed sources, Wangjiang Motorcycle, a subsidiary of Bingzhuang Group, was once the three major motorcycle brands in Chongqing alongside Jialing and Jianshe Motorcycle. Relying on ordnance technology, Wangjiang Motorcycle independently developed and successfully manufactured the first Prince motorcycle in China in the late 1970s and early 1980s, which was presented to the Uruguayan President as a state guest gift and became a special vehicle designated by the traffic police in Beijing and Shanghai at that time.

Later, due to various reasons, it did not get great development.

In 2004, in order to revive the glory of Wangjiang motorcycles, Chongqing Wangjiang Industrial Co., Ltd., a subsidiary of Bingzhuang Group, and Chongqing Chuangchuang Industrial Co., Ltd., a private enterprise, jointly established Chongqing Wangjiang Motorcycle Manufacturing Co., Ltd., which is located in Nanxi Economic Park, Jingkou, Shapingba District, with a registered capital of 8 million yuan. Chongqing Wangjiang Industrial Co., Ltd. holds 50% of the shares, Chongqing Chuangchuang Industrial Co., Ltd. holds 45% of the shares, and another natural person Li Mei holds 5% of the shares.

In May 2005, Chongqing held the Asia-Pacific Mayor Summit, and Wangjiang Motorcycle became the designated motorcycle, which was a sensation.

Due to fierce competition in the industry, although it has a good reputation and quality, Wangjiang Motorcycle has been in a state of meager profit in recent years, with an annual output of tens of thousands of vehicles, and has not rushed out of the ranks of third-line motorcycle enterprises.

It is reported that in 2009, the operating income of Wangjiang Motorcycle was 18373.8 1000 yuan, and the net profit was 3 16500 yuan. From June of 20 10 to June of 2010, the operating income of Wangjiang Motorcycle was 212.03 million yuan and the net profit was 628 10/0.000 yuan. Wangjiang Motorcycle has assets of 77.4325 million yuan, including liabilities of 66.9807 million yuan and net assets of1045438+0.8 million yuan. 50% equity transfer price of Wangjiang Motorcycle is 5.75 million yuan, slightly higher than the corresponding net assets of 5.2259 million yuan. The workshop and land of Wangjiang Motorcycle Company are leased.

"This time, the Bingzhuang Group sold a 50% stake in Wangjiang Motorcycle, which is a normal industrial adjustment." Yesterday, the person concerned pointed out. It is reported that the old shareholders have given up the preemptive right, and the license period of the "Wangjiang" trademark used by Chongqing Wangjiang Motorcycle has expired. After the equity transfer, Chongqing Wangjiang Motorcycle Company shall not use the trademark again. This means that Chongqing Wangjiang Motorcycle Company will look for licenses and trademarks again in the future.