Category: Money tips Release Date: 2006-04-29
Sinoma Science and Technology announced today with the China Water Conservancy Investment Corporation (voted 』?water), Xinjiang Wind Energy Co., Ltd. (Xinjiang wind 『?, Beijing Huaming Electric Light Industrial Co., Ltd. (Wah Ming 』?Beijing) 3 corporation Xue-min, etc., as well as 18 natural joint venture set up a "wind vane Sinoma Science and Technology Co., Ltd." ( 『?Sinoma wind power) a notice, of which 3,600 shares subscription Sinoma Science and Technology is the first major shareholders, representing shares of 36 % in the Board of 7 members, Sinoma Science and Technology recommended 3.
The establishment of wind power company on behalf of Sinoma, marking the company's study of the long blades of wind power projects have been formally entered the industrialization of large-scale operational phase, the company leading products of the industrial development strategy and promote the further implementation, in line with our "Sinoma the value of technology investments Analysis Report "in the company's wind blade projects and expected strategic positioning.
We maintain our investment value analysis report on wind power leaves the market's basic point: by 2010 wind power installed capacity of 500 million kilowatts, from 2006 to 2010 average annual compound growth rate of 38%, the rapid development of wind power generation industry will wind Electric Leaf markets simultaneously to grow rapidly.
We are involved in joint venture companies to adopt wind power blades to be positive assessment of the area:
Water Investment, Xinjiang, China's largest wind energy are wind power generation equipment manufacturers Goldwind major shareholder in wind power equipment has a wealth of operational experience in the industry by virtue of their status and resources, wind power company Sinoma channels will have inherent advantages.
Reliance on a limited over the years, North glass technology accumulation and technology integration, composite materials, the field of special advantages, the introduction of international advanced design techniques, and results from the trial run, with domestic companies compared to other wind power blades, the company positioned relatively high, in the MW-class wind power blade manufacturing technical advantages are obvious.
From 36% of the equity ratio, as well as 3 / 7 seats on the board of directors of view, Sinoma stronger control technology is conducive to the operation of the company's future to have more initiative.
Conclusion: In general terms, in view of the wind industry's strong growth prospects, the company has a good technical reserves, as well as strategic shareholder in wind power industry, a wide range of resources, we generally leaves the company's wind power project takes a positive assessment of progress in industrialization. As the project is still at an early stage of scale, its contribution to future profits is not clear, we maintain the January 18 investment value analysis report of the Sinoma technology profit forecasts, and bought investment advice.
