Weichai Power announced that it has been approved to issue bonds with a total principal amount of RMB 1.4 billion in China. It is expected to be conducted on July 28 and underwritten by China Merchants Bank. The proceeds from issuing bonds will be used to supplement liquidity requirements.
The subscription amount of the bond must be a multiple of 5 million yuan and not less than 5 million yuan. The term of the bond will be 5 years, each face value will be 100 yuan, and the bond will be listed and transferable on the China Interbank Bond Market with a redemption date of July 29, 2016.
Tower Crane wire rope is usually used on the tower crane hoisting mechanism, trolleying (luffing) mechanism and slewing mechanism. BQ could provide all models of Wire Rope for Tower Crane. The diameter of tower crane steel wire rope could be 12mm, 14mm, 16mm, 18mm, 20mm, 22mm. 16mm Wire Rope could be used for 12-14 ton Tower Crane. 18mm Steel Wire Rope could be used for 16ton tower crane. Tower crane wire rope could be galvanized wire rope, Non-Rotating Wire Rope, bright wire rope, stainless steel wire rope. Wire Rope Wedge is used for fixing or connecting the wire rope of tower crane.
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