The Beijing News (Reporter Zhao Yibo) After the eight ministries and commissions support plan was released, the machine tool industry Shenyang machine tool ushered in a breathing time. On the evening of December 10, Shenyang Machine Tool announced that according to the relevant agreement, CCB Tiexi Sub-branch provided 1 billion yuan to Shenji Group, and the transfer price of the 1 billion-yuan target share-rights right agreed in the agreement as of the announcement date has all arrived. Company designated account. The CCB “transfusion†of 1 billion yuan is related to the debt-to-equity swap plan of Shenyang Machine Tool recently. Shenyang Machine Tool is the listed entity of Shenji Group. Shenyang Machine Tool recently announced that CCB Tiexi Sub-branch will be subject to the shareholding rights of the underlying shares in accordance with the terms and conditions stipulated in the agreement, and it should pay RMB 10,000 yuan to Shenji Group. The Shenji Group promised that Shenji Group should use all the transfer price of the target share-based income right to purchase the non-i5 intelligent CNC machine tool assets that the company intends to divest. Finally, the company should use it to repay the stock liabilities. A few days before this, the relevant state departments have just given strong support to Shenyang Machine Tool. According to the previous announcement of Shenyang Machine Tool, Shenji Group received the "Notice on Printing and Distributing" jointly issued by the State-owned Assets Supervision and Administration Commission of the State Council, the National Development and Reform Commission and other eight ministries and commissions on December 1. The notice pointed out that the "Shenyang Machine Tool Plant Comprehensive Reform Plan" has been reviewed and approved at the 22nd meeting of the State Council's State-owned Enterprise Reform Leading Group. The document proposes to optimize capital and debt structure, reduce financial leverage and reduce financial burden by introducing strategic investors, market-oriented debt-to-equity swaps, and new bank credits. As of the date of this announcement, the agreed transfer amount of the 1 billion yuan of share-based income rights has all reached the designated account of the listed company. As a result of the sale of assets, the controlling shareholder Shenji Group has repaid 1 billion yuan for the non-operating capital of the listed company Shenyang Machine Tool. Machine tools are called "industrial masters" and are related to the level of national equipment manufacturing. Shenyang Machine Tool is one of the 156 key construction projects during the “First Five-Year Plan†period in China. It is currently the largest machine tool manufacturing enterprise in China. The “i5 Intelligent Control System†developed by it is the world's first machine tool loaded with intelligent systems. Judging from the overall situation of the Shenji Group, the above-mentioned 1 billion yuan blood transfusion is only a small part of its huge debt-to-equity swap plan. Shenyang's official media, "Shenyang Daily" pointed out that due to the monopoly, single financing channels, and affected by the market environment, Shenyang machine tools have not been able to add capital through the capital market for a long time, and core technology R&D investment has all passed through debt financing, resulting in sustained high debt. Highly leveraged operations and tight capital flows have seriously affected the reform and development of enterprises. In May of this year, Shenji Group signed a 10 billion yuan strategic cooperation agreement with Shenyang State-owned Assets Supervision and Administration Commission and CCB, which will support the comprehensive innovation reform of Shenji Group. By the end of November, Shenji Group announced that it plans to implement a total of 9.251 billion yuan of debt-to-equity swap projects for the restructuring of the Group's internal assets business and repayment of debts. At present, the Shenyang machine tool that has suffered losses for two consecutive years has been wearing a hat, and the stock is abbreviated as *ST sinking machine. In the first three quarters of this year, Shenyang Machine Tool's net profit attributable to shareholders of listed companies was a loss of 285 million yuan. If the loss continues to be lost throughout 2017, the *ST sinker will face pressure to be suspended.
In Petro and chemical industry for flange connections Stud Bolts and Hex Bolts are used
The quantity of bolts for a flange connection will be given by the number of bolt holes in a flange, diameter and length of bolts is dependent of flange type and Pressure Class of flange.
Stud Bolt length are defined in Asme B16.5 standard. The length in inches is equal to the effective thread length measured parallel to the axis, from the first to the first thread without the chamfers (points). First thread is defined as the intersection of the major diameter of the thread with the base of the point.
1) Standards: Based on DIN & ANSI & JIS & IFI
and per drwing
2) Material: carbon steel, alloy steel, stainless steel
3) bolt Size: M4-M42,3/8"--7/8"
4) bolt Surface: Plain,Zinc ,HDG,DAC,Geomet
5) bolt Thread: UNC, UNF, Metric Thread
6) bolt Quality control : ISO 9001
7) bolt Package : Small box ,Poly Bag,Carton+Pallet
Grades of Stud Bolts
Below a table with materials and grades for flanges, thread rods (bolts) and nuts, arranged on design temperature, flanges, thread rods and recommended nuts.
|
DESIGN
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FLANGES
|
GRADE
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GRADE
|
|
TEMP.
|
THREAD RODS
|
NUTS
|
|
-195° to 102°C
|
ASTM A182
|
A320 Gr.B8 Class2
|
A194 Gr.8A
|
|
Gr. F304, F304L, F316,
|
|
F316L, F321, F347
|
|
-101° to -47°C
|
ASTM A350
|
A320 Gr.L7
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A194 Gr.7
|
|
Gr.LF3
|
|
-46° to -30°C
|
ASTM A350
|
A320 Gr.L7
|
A194 Gr.7
|
|
Gr.LF2
|
|
-29° to 427°C
|
ASTM A105
|
A193 Gr.B7
|
A194 Gr.2H
|
|
428° to 537°C
|
ASTM A182
|
A193 Gr.B16
|
A194 Gr.2H
|
|
Gr.F11, F22
|
|
538° to 648°C
|
ASTM A182
|
A193 Gr.B8 Class1
|
A194 Gr.8A
|
|
Gr.F11, F22
|
|
649° to 815°C
|
ASTM A182
|
A193 Gr.B8 Class1
|
A194 Gr.8A
|
|
Gr. F304H, F316H
|
|
DESIGN
|
FLG'S
|
GRADE
|
GRADE
|
|
TEMP.
|
THREAD RODS
|
NUTS
|
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Price for stud bolts and nuts are available .
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