· Ali sells everything: intends to carry the used platform to sell used cars

Before the listing on the NYSE, Alibaba actively promoted the efforts of the IPO to extend to the broader field.
According to Hong Kong media quoted sources on August 18, Alibaba will announce today that it will cooperate with Guanghui Auto, the largest auto dealer group in China, to operate a used car trading platform to maximize the turnover of both parties before listing. Exposure rate. Market rumors that Guanghui Auto will be listed in Hong Kong in the fourth quarter of this year, the target fundraising may be expanded to 10 billion Hong Kong dollars.
Although Ali Films (01060.HK) just exposed financial audit issues last week, sparking concerns from the US Securities and Exchange Commission (SEC), Ali is still actively promoting the listing of the US.
Earlier, Bloomberg News said that the Ali film incident has not affected the Ali listing process, but some former US regulators believe that the US agencies may conduct additional deliberations on Ali and will require the company to properly disclose the incident.
Guanghui’s sources have previously revealed that Guanghui’s exclusive automotive e-commerce platform will be established. The company finally decided to cooperate with Ali, and the two sides made a profit share. They believed that this model is more than a “4S shop” that needs to invest more than 10 million yuan (including the sales of Sale, Spare part, after-sales service, survey and feedback). Etc.) is more advantageous. Guanghui Auto also said that the physical 4S store will complement the electronic platform. The business model is that the automakers invest in 4S stores of a certain automobile brand in different provincial capitals as the center, and then radiate to the “2S shop” in the outer zone. The division of labor is 4S shop responsible for vehicle maintenance; 2S shop is responsible for new car test drive, pickup and license plate installation.
Earlier reports said that Guanghui Auto intends to issue 15% of its shares in Hong Kong, raising funds of about 700 million US dollars; now the market situation has improved, there are news that its share is planned to increase to 25%, the amount of funds raised up to 10 billion Hong Kong dollars. Guanghui Auto has passed the listing hearing. The sponsors include CICC and Goldman Sachs. The world's largest private equity fund TPG Capital (Texas Pacific Group) is the main fund shareholder of Guanghui. According to its official website, Guanghui Auto Service Co., Ltd. is the number one passenger car dealer in China, the largest passenger car financing leasing provider in China and the largest used car dealer in car dealerships. Guanghui's parent company is Xinjiang Guanghui Group, which has its listed company Guanghui Energy (600256.SH). In 2002, Guanghui Group began to invest in the automotive industry. In 2006, Guanghui Automobile was established. Currently, it has nearly 500 sales and service points in more than 20 provinces and cities nationwide. In 2010-2013, the operating income was 43.3 billion, 58.8 billion, 72.6 billion yuan, and 84 billion yuan (RMB); in 2011, 2012 and 2013, the vehicle sales were 290,000, 380,000 and 546,300 units respectively.
At present, domestic automakers have rushed to take advantage of the trend of e-commerce platform sales. Geely Automobile, Jianghuai Automobile, Shanghai General Motors and other e-commerce platforms such as Taobao Tmall have been sold. Sun Xiaodong, vice president of Geely Group and general manager of Geely Automobile Sales Co., revealed earlier that Geely sold 4,700 vehicles online last year, the most among all automakers. In addition, SAIC also registered its own e-commerce platform to provide new car and auto finance services.

Weld Materials

1.Welding materials

In Welding, substances called filler materials or consumables are used. As the name implies, these substances provide filler or a body of molten materials that provides a strong bond to be formed between the base metals used. Most welding processes will also require some form of shielding to protect both the main components and filler from being oxidized during the process.


The type of welding materials used during welding depends on the nature of the job intended. Electrodes draw the necessary energy in order to perform welding applications. Luoyang Golden Egret Company has any kind of welding materials include CTC Welding Rod /rope, SCTC welding rod/rope, TC electronic welding rod, Ni-based welding rod, flux-cored Welding Wires, solid welding wires and etc.

Welding can be applied in different kinds of industries such as building and construction, oil and gas, marine, power generation, steel, mine tools, automobile, transportation and etc.


2. Welding rod

1)Cast tungsten carbide based tubular rod

The hard phase of the rod is cast tungsten carbide which leads to higher hardness and better wear-resistance.

Wear resistance: the wear resistance is 6-7 times better than others. Tested by ASTM G65

Mainly used for Mining machinery, Geological tools, Petroleum drilling tools etc, by Oxy-Acetylene with weak carburizing flame.

Ni Based Welding Rod


Product recommendation:

GT1103 (CTC, 60-80 mesh),

GT1103-1(CTC, 20-30 um),

GT1103-2(CTC, 40-60 um)

2)The hard phase of tube rod is carbide pellets which leads to higher impact resistance and better wear resistance than CTC cloase rod.

Wear resistance: the wear resistance is 6-7 times better than others. Tested by ASTM G65 wear test.

Mainly used for mining machinery. Geological tools etc; by Oxy-acetylene with weak carburizing flame.

Product recommendation:

GT2102 (Cemented carbide grit, 30-60mesh)

GT2102-2(Cemented carbide grit, 30-40mesh)

GT2102-3(Cemented carbide grit, 40-60mesh)

3)Tube rod is composited by Cemented carbide pellets, Spherical CTC and CTC. The layer has higher impact resistance, better wear resistance and good fluidity than other rods.

Wear resistance: the wear resistance is 6-7 times better than others. Tested by ASTM G65.

Mainly used for oil method drill bits, such as Tri-cone bit, Steel tooth bit, PDC bit, etc. By Oxy-Acetylene with weak carburizing flame.

Product recommendation:

GT3302 (carbide pellets, 20-40mesh)

GT3302-1(carbide pellets, 14-40um)

4)The hard phase of the rod is monocrystal WC, the welding layer has a higher wear resistance and better impact resistance.

The wear resistance is 6-7 times better than others, tested by ASTM G65 method.

Mainly used for the repair and strength for oil drills bits, such as PDC bit diameter holding by Oxy-Acetylene with weak carburizing flame.

Product recommendation:

GT4104 (Monocrystal WC, 80-200mesh)

3. Welding Rope

Made form mixture of CTC and self-fluxing nickel alloy covering on nickel wire. The CTC is in spherical or irregular with good wear resistance; the nickel alloy is in spherical or nearly spherical shape with good wettability and erosion resistance and better corrosion resistance than tubular rod.

Recommend to use Petroleum drilling tools, Concrete mixing blade, Mud pump, Coal sluice, Coal drill pipe, Tunnel drilling machinery etc.

By Oxy-Acetylene Welding with weak carburizing flame.

5mm Welding Rope

Product recommendation:

GS110450N (CTC, 4mm, HRC 47-55)

GS110550N (CTC, 5mm, HRC 47-55)

GS110650N (CTC, 6mm, HRC 47-55)

4. Welding Bar

The rod is sintered by CTC and Ni-based powders. The CTC(Cast Tungsten Carbide) is in irregular or spherical shape with better wear resistance and the nickel alloy is in spherical or nearly spherical shape and has good wettability with cast tungsten carbide. The cladding layer has a higher impact resistance and better wear resistance.

Its wear resistance and corrosion resistance is between tube rod and flexible rope.

Mainly used on the Steel PDC bit, Concrete mixer blade, Mud pump, Miner chute, Miner drill stem and Mechanical parts of Tunnel rock drill machine etc.

Welded by Oxy-Acetylene with weak carburizing flame.

Product recommendation:

GD4025253-3(CTC, SCTC, 4*600/6*600)

GD4030303-3(CTC, SCTC, 4*600/6*600)

5. Welding wire

Intensified molybdenum titanium vanadium composite chromium carbide welding wire can improve layer`s bonding strength and tenacity. This wire can use for multilayer welding which has no peel off, and it can maintain good wear resistance under certain impact working condition.

Product recommendation:GSQD671Mo-4(1.6mm)

Medium carbon and high chromium wear resistance welding wire has a higher hardness, stronger wear resistance, and excellent toughness by adding a certain amount of molybdenum alloys and boride. It has a better impact resistance and strip resistance than high chromium cast iron type materials

Product recommendation: GSQD621Mo-4(1.6mm)

6. Tungsten Carbide Pellets

With high sphericity & excellent alloy organization, cemented carbide pellet is mainly used in welding, as an adding material of PTA Powder , tubular welding rod, to improve the wear resistance of the workpieces greatly.

Product recommendation: GQ06


Wc 6co Tungsten Carbide Pellets


7. Tungsten Carbide Grits

Cemented carbide grit with different percent of cobalt has good abrasive resistance and is widely used for making grinding, polishing and cutting tools.

Product recommendation: GS08A


Wc 8co Tunsgten Carbide Grits




Weld Materials,Tubular Welding Rod,Welding Electrodes,Stainless Steel Welding Rod

Luoyang Golden Egret Geotools Co., Ltd , https://www.hvafspray.com