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May.2019 29
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Gaoda Technology successfully completed the restructuring of pulp and paper industry automation equipment sales situation is encouraging
Introduction
Gaoda Technology successfully completed the restructuring and the sales of automation equipment for the pulp and paper industry are promising: Sichuan Gaoda Technology Co., Ltd. was originally a subsidiary of the China Academy of Engineering Physics. In accordance with the relevant national policies on military-civilian integration, the company was restructured and publicly listed on the Chongqing United Property Exchange.

GAODA Technology successfully completed its restructuring, and the sales of automation equipment for the pulp and paper industry are promising: Sichuan GAODA Technology Co., Ltd. was formerly a subsidiary of the China Academy of Engineering Physics. In accordance with the relevant national policies on military-civilian integration, the company was restructured and publicly listed on the Chongqing United Property Exchange. It introduced new strategic investors as controlling shareholders, and the entire restructuring has been successfully completed.

The restructured Sichuan Gaoda Technology Co., Ltd. is a typical mixed-ownership enterprise, which is jointly formed by strategic investors, Mianyang Jiusheng Investment (local state-owned assets), China Academy of Engineering Physics Computer Research Institute (central enterprise military assets) and employee shares. The new management team is composed of Huang Shiyong, Hu Debing, Yang Yun, Ren Kunbiao, Ren Xiaoxiong, Liao Xianbin and Xiao Yun.

The new management team said: It will continue to deepen GAODA Technology's various businesses in the automation of the pulp and paper industry, and at the same time cooperate with Siemens to carry out project financial services, project general contracting and other services to provide users with better quality and more convenient solutions, and build GAODA Technology into a comprehensive first-class enterprise specializing in pulp and papermaking with automation and intelligent services as its main focus.

From January to April this year, GAODA Technology's sales situation was encouraging, with sales volume increasing by 50% over the same period last year. The construction of the sales team and technical team has entered a new level.

GAODA Technology successfully completed restructuring and achieved encouraging sales performance in January-April

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