Category: Money Tips Date: 2006-08-04
Source: Northeast Securities Author: Zheng Li Ting
With China Merchants Bank H shares issued by cash, banks lead plate as the less obvious shock of the market, hot spots are signs of conversion occurs. There is a plate market seems to ignore - equipment manufacturing section. In a recent rally in the performance of the plate has been unspectacular. And the growth plate well and strong support for the policy aspect of the outbreak could not conceal his desire. The first half of the State Council issued a number of observations to speed up the revitalization of the equipment manufacturing industry to become a turning point in the performance of equipment manufacturing section. This equipment manufacturing enterprises are the backbone of major long-term positive. G Chang-Lin (600.71 thousand), the company, as the focus of domestic production of construction machinery enterprises, 4 yuan less than the price of great investment value.
Equipment manufacturing leader, a vast room for growth
Domestic production of construction machinery company is a leading enterprise technology center is recognized by the State Economic and Trade Commission and other state-level technology center. Its main products wheel loaders, rollers and peaceful machine performance and quality are at the advanced level, is widely used in large-scale infrastructure construction. As the state should continue to increase for highways, railways and construction of national key projects such as capital investment, domestic demand for construction machinery faster. In the next few years, the Three Gorges project, water diversion, the Shanghai World Expo, the Beijing Olympic Games and other major projects will have access to the building of the peak, while the revitalization of the northeast, the western development, also will enter the implementation phase, these will drive market demand for construction machinery, This will undoubtedly bring to the company's sales increased significantly. In recent years, the company continued to implement a large-scale technical transformation, the formation of a dominant product, excavator structural parts 2 10000 units / year production capacity. Produced the level of advanced manufacturing technology to ensure reliable product quality and stability of the key components leading products with international advanced level in the medium-sized machining centers, multi-purpose furnace heat treatment, CNC cutting machine, welding robot on flexible production lines, processing. At the same time the completion of structural components produced from the sheet pre-treatment to post-processing components, painting and other transformation of the entire process. The performance of the explosive growth in semi-annual report indicates that the company has come out of the development of the low, the company is worth the next three years, investors looking for performance.
Initiative, and actively cooperate with foreign
With the world's factory to the transfer of in-depth, the company seize the historic opportunity to keep main business bigger and stronger. Company has strengthened its cooperation with the outside world, meetings with South Korea's Hyundai Heavy Industries Co., Ltd., the world's top brand in the field of lorry-mounted crane Paerfeige, Malaysia, engineering machinery giant Malaysian million rounds of group cooperation. Company and the world's industrial giant Hyundai Heavy Industries, Ltd. a joint venture established in Changzhou Modern mainly engaged in the production of a variety of hydraulic excavators, at present the project has become an important source of profit for the company. The company also with the modern cooperation, joint establishment of a modern Engineering Machinery Co., Ltd., is expected to be repeated in modern Jiangsu, Changzhou, modern glory for the company's rapid growth, "icing on the cake." The company is steadily increasing domestic market share, it is also vigorously explore the overseas market, try to go abroad out of development - in Malaysia, Ipoh Malaysia 10000 Success Group joint venture to establish a "Chang-Lin Construction Machinery Co., Ltd.." These two measures will become an important strategy towards the world, in order to achieve the international goal of the company taken a key step.
Policy support, performance surge
As in the first half of the State Council to revitalize the equipment manufacturing industry to speed up the release of a number of observations has become a turning point in the equipment manufacturing industry. Policies will be policies, capital and technology and other aspects of the equipment manufacturing industry to be strong support, directly led to the explosive growth of the company's performance. Semi-annual report shows that performance improved as the company attracted a large number of institutional investors, fund positions increased significantly. Large main heap tie the outbreak of the market outlook for this unit has laid a solid foundation.
Adjusted to the main cost area, broke out soon
The secondary market, in the policy aspect and the great support and performance of explosive growth, stimulated by the Unit 4 yuan less than the price of great investment value. The current stock price on the pre-main heavy volume Jiancang obvious, the current stock price is already in the main cost area, pulled Quotes are volatile, investors may focus on.
