Recently, the news that “Volkswagen’s 9% stake in FAW-Volkswagen has been approved by the Chinese side” has been rampant. On June 9, FAW-Volkswagen spokesperson denied it in an interview with this newspaper, and said that the current share ratio adjustment is still in progress, and many details need to be negotiated. At the same time, the reporter learned from a parts supplier that has cooperated with the public for many years. Although the details are still being negotiated, the adjustment of the stock ratio will have a greater impact on FAW-Volkswagen, one of which will affect the management of Chinese and German management. ratio.
The above-mentioned spokesperson said that the current share-to-equity adjustments have all gone according to the original schedule. The asset evaluation has not yet been completed. Many details are still under negotiation and have not yet been finalized. Volkswagen China also said that the evaluation process is underway and stressed that “this is a transnational equity transfer, and the whole process and negotiation will take some time to complete.” Volkswagen China CEO Heizman disclosed the finalized stock ratio during the Shanghai Auto Show. It will take another year to adjust.
At present, FAW-Volkswagen's shareholding structure is: FAW Group accounts for 60%, Volkswagen accounts for 30%, and Audi has 10%. Since 2011, Volkswagen Group executives have repeatedly expressed their desire to increase the shareholding ratio of FAW-Volkswagen in the joint venture. In October last year, FAW Group and Volkswagen reached an agreement in Germany to adjust the stock ratio to 51:49. Volkswagen increased its holdings of 9% FAW-Volkswagen shares.
According to the reporter's understanding, although the share ratio adjustment has been confirmed, but because the share ratio adjustment will affect many aspects of FAW-Volkswagen, it will take a long time to negotiate. The reporter learned from a parts supplier of FAW-Volkswagen on June 9 that FAW-Volkswagen is currently paying attention to the adjustment of the stock ratio. It is generally believed that the increase in the stock ratio will enhance the German voice and may also Affect the proportion of management personnel. For example, some department heads and deputy ministers are composed of two Chinese and one German staff. After the stock ratio adjustment, the management will become a Chinese and a German staff.

Seal Repair kit


Cypher SPRSEALS - it starts with seals


Since 1998, in the field of mechanical seal work and control, we have made step-by-step efforts to overcome the limitations and difficulties of the factors that affect the stability of the sealing performance, such as the material and the shape of the sealing lip.
Since 2000, continuous improvement and optimization of polyurethane elastomer materials and research on mixing with different materials and chemical raw materials. While the physical properties are balanced, new material performances after different chemical mixtures are also deeply developed.

Regarding the mixing research and development of nitrile rubber, hydrogenated nitrile rubber, silicone rubber, fluorinated rubber and various metal powders, countless deployment tests have also successfully realized the ideal special sealing material.
In the development and improvement of polyamide (nylon resin), polytetrafluoroethylene, and phenolic resin, we also ushered in a rapid increase in the number of our European customers and a doubled increase in sales in the Asian market.

We are researching dust seals (DKBI), piston rod seals (IDI, IUH, HBY), support rings (KZT,), piston seals (OUH, SPGO) in conventional hydraulic sealing systems day after day ), anti-wear rings/anti-wear rings (WR, SPGW) and are suitable for all kinds of jib cylinders, cantilever cylinders, bucket cylinders, lifting cylinders, and power steering cylinders.
Including the research and development and iterative production of the sealing ring of the hydraulic breaker, there have also been more new breakthroughs.

Thank you very much for your attention. If you have any demand for sealing system solutions, please be sure to contact me. I will cooperate with you in an honest and professional manner.

+ 0086 18024069172 / 18028519773
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