Category: Money tips Release Date: 2006-02-15
Is a non-ferrous metals industry's leading manufacturer of copper products, mainly engaged in air conditioning use brass, copper pipes and pipe fittings and copper alloy products production and sales. Is the national high-tech enterprises, the Ministry of Construction China Construction Metal Structure Association of copper pipes and fittings fixed-point production enterprise.
With the company's air-conditioning with air-conditioning refrigeration tube steady growth in production, new products - ultra-thin ultra-fine ribbed tube is one of the core component of air-conditioning upgrades, the product processing fees 53% higher than the company's current level to reach 10,000 yuan / ton.
Copper water pipe series products through independent research and development and technological innovation, becoming the only production of large diameter extrusion process using copper water pipes (> φ219mm) and pipe fittings manufacturer. Large-diameter copper pipe processing fees of 15,000 yuan / ton, is the product three times the normal size.
Copper alloy tube is widely used in electric power, desalination of seawater, marine engineering. Ultra-long copper-nickel alloy BFe10-1-1 condenser tube, alloy tubes are the national originality, to fill the gaps in domestic products for domestic exclusive product. Processing fee is a common alloy tube three times the 20,000 yuan / tons.
Self-developed automobile synchronizer ring gear of high wear-resistant copper alloy material, with four independent brands, to become the national standard of the product's exclusive formulation unit, knowledge of the product industry technical specifications, the product successfully entered the "generic", "public" and so on well-known automobile manufacturers worldwide procurement system. Processing fee for the 8000-13000 yuan / ton, an ordinary copper alloy products, about 50%.
With the company's technological transformation and fund-raising project construction is completed, the company resumed normal production capacity and some new products on the market, the company the next four years, 27.7% compound annual growth rate. Target price of 10.26 yuan, giving overweight rating.
