Category: Money tips Release Date: 2006-04-01
Source: Kim Braun Investment
Friday, stocks in Shanghai stock market index stock Baosteel, Sinopec and Bank of plates out of the context of the overall callback slightly rocky close enough that the market is still strong up trend. Intraday outstanding performance in engineering machinery stocks, the plate in the blue-chip stocks were mostly belong to second-line this week mostly amazing gains. Afternoon proposes a focus on system innovation is expected to radiate through the New Year's old blue-chip: Sichuan Changhong, afternoon is expected to reproduce the blue-chip style. The company has formed a complete industrial chain of digital TV, the domestic color TV industry topped the list market share year after year. The company set up Changhong Digital Media Network Company, a comprehensive broadband network into the area, the development of broadband networks and digital networks based on the transmission of IP digital television. By working with Microsoft, Shanda, and co-operation of China Telecom, Changhong has entered the network TV field is undergoing a dramatic technological revolution, from the home appliance industry, the first to break through and occupied the high ground.
The company's TV Internet access, triple play and other ideas finally come up with substantive progress; Corporation and China Telecom has also launched a massive joint marketing activities, both through their own resources and platform advantages, the first in Shanghai, Guangdong, Jiangsu, Zhejiang and Shaanxi provinces and cities in 17 five jointly promote the local network TV Internet access, a good development prospects. Developed LED display, with the most advanced large-scale modern production base for LED display, and quickly occupied the domestic market. LED color display market, sales of China's future at an annual rate of 50% growth, which will become the company's profit growth point. Of computer, communications, consumer electronics and fusion of industrial pattern as represented by taking shape in the 3C industry, against the background of the integration, the existing industrial boundaries become increasingly blurred, industrial structure is undergoing profound changes, will bring enormous development company opportunities.
November 24, 2006, the company held a grand meeting on technological innovation in 2006, proposed to great efforts to cultivate innovation in key technologies, system integration innovation, business model innovation the three innovation capability, relying on industrial restructuring and a solid system of support to cope with all future can be imagine the challenge. In 2007 the company will strive to foster innovation in key technologies, system integration innovation, business model innovation the three innovation capability, build the company's overall business innovation path to promote industrial upgrading and transformation of information appliances to accelerate the 3C.
The secondary market, the company's stock had reached its peak Quotes 5.19, and then dropped sharply due to performance, stock prices long-term decline, after nearly 20 months after bottoming finishing strong heavy volume near future. 3 Quarterly Bulletin revealed that the main social security funds and other large-scale intervention began. November 3 limit-price, stocks, sex began to be activated, based on the company's share price rose significantly less than this year's gains were, afternoon there is the possibility of substantial compensatory growth, it is recommended to focus on.
Historical Information: G Changhong Electric (600839): seriously underestimated the value of lift in sight August 4, 2006
Source: Jin Tong Securities
Since August 30, terrestrial digital TV transmission standard of the birth of the country, has long been more a concept than a digital television finally has substantive content themes support terrestrial digital TV industry will usher in the true sense of the full range of activation. Only after on the 5th, 600839G Changhong, announced the launch of China's first ground-based transmission standard for large-screen high-definition digital TV has become the digital TV industry chain introduced the first transmission standard for terrestrial digital TV business.
To build a complete industrial chain of digital TV Changhong, a 47-inch large screen LCD television, with Full HD screen, the physical resolution of 1920 * 1080 with full support for National Standards Committee of August 30 this year, released by terrestrial digital TV transmission standard, which is So far the domestic manufacturers released the first truly all-digital LCD TV. Terrestrial digital TV transmission standard in the country just released August 30, September 3, Changhong announced the introduction of China's first ground-based transmission standard for large-screen high-definition digital TV, coupled with the previous Changhong in the cable digital TV, satellite digital TV on a mass production, marking the first full line of Changhong, China's digital television receiver equipment provider.
Changhong such a rapid response, which is the result of the digital TV industry's attention. July 18, Changhong had quietly set up by the company chairman, Zhao Yong, digital television technology strategy led research team, whose mission is to develop digital television technology development strategy, focus, refine goals, achieving the road map and market promotion. Digital TV era, from analog to digital means more than simple technical change, but the whole industry caused by a series of profound changes. Changhong from the R & D, manufacturing, marketing, and service system and fully to digital TV industry, "transition."
At present, Changhong Network Technology Co., Ltd. has become one of China's four set-top box providers, and its products in Europe and Asia, a considerable part of the region of large-scale commercial, and has won the bid, Sichuan, Chongqing, Beijing, Tianjin, Hubei and other provinces more than 10 Urban digital television conversion projects as a whole, and Wuhan, Hunan Province, Fuzhou, Guangzhou, Shenyang, Hebei, Henan, Anhui, China more than 20 key provinces and cities of the Radio and Television Network Company signed a strategic cooperation agreement, laying the domestic digital television leader of the status. Not only that, Changhong already has a full range of digital TV receivers, the product sales volume among the nation's.
In addition, a subsidiary of Sichuan Changhong's Rainbow Micro Technology Co., Ltd. is a subsidiary focus on chip design and its developed network of digital audio and video processing SOC chip, will be widely used in IPTV, IP video telephony, wireless access, television, personal multimedia center 3C areas of information appliances, more practical significance is that the high-definition digital signal processing capability for the rapid industrialization of digital TV to find support, or off the field in the digital TV monstrous waves.
At the same time, Changhong has also set up Changhong Digital Media Network Company, a comprehensive broadband network into the area, the development of broadband networks and digital networks based on the transmission of IP digital TV, a complete digital TV industry chain is taking shape.
3C transition is paying off G Changhong color TV as the world's three major production bases, with the concept of national brands, Changhong's brand value jumped as high as 39.861 billion yuan, into the world's top 500 brands. The company's "3C" industrial development strategy is being led by enterprises from the "Made in China" to "Created in China" by leaps and bounds.
Changhong the introduction of the world's first "quantum core" television, after leading the entire flat panel TV industry has entered a microscopic imaging of the era. From January to June of this year, Changhong flat-panel TV sales grew 380%, 200% higher than the industry growth rate, market share has also been among the "top three" in Sichuan, Chongqing, North China, East China and other regional market share has soared to No. 1 bit.
From G Changhong's 2006 semi-annual report can also be seen in the company 3C transformation results. From January to June of this year, G Changhong's main business revenue reached 7.79 billion, an increase of 7.88%, while the television business for the first time the proportion dropped to 54.71%. The company is gradually emerging from a "life line TV" a single model with multiple steady source of profits. The company through the implementation of 3C industrial strategy, IT, telecommunications, networks, and other new industries emerged in sales revenue and profits, Jun Cheng a good growth. IT, telecommunications, network business has been accounted for Changhong's total operating income of 21.76%. Changhong's industrial transformation, in order to speed up the information appliance to become an integrated 3C products and service provider, and in the area, the development of the digital TV industry just a high degree of fit, Changhong "3C convergence" strategy, the company will not be satisfied with Zhizuo terminal machine products, the future is bound involved in the content and services.
Seriously underestimate the value of the performance of lift with the rebound in sight, as "China's national brand" G Changhong prices are oversold, the current share price is still substantially in the net assets under the worse resale values as high as 30%. The secondary market, the unit is running at the bottom of a long, long year and a half to build a large-scale bottom of the box, while the main social security fund has been in a large-scale intervention, as of June 30, the number of social security fund holdings were added to 37.23 %. With China's terrestrial digital TV industry officially started, as well as of Changhong in the digital television industry in a head-start, the Unit is expected to soon lift.
