Data:2009-12-12 2:34
Category: Money Tips Date: 2007-01-28
Source: Securities Times
G Changzheng (600,112) is the southwest region of the large-scale production of industrial electrical company, the main products of profits from the low-voltage electrical components. China's power industry has undergone rapid development in recent years, will usher in a period of structural adjustment, which increase the power of structural adjustment efforts in building an investment a priority. The company mainly produces the high voltage levels below 500kV, low voltage electrical components and complete sets of electrical equipment, with annual production of high and low voltage electrical components, electrical equipment 3 million / units of production capacity, transmission and transformation equipment industry, the rapid development of products for the company's main business provide a broad market demand. According to preliminary estimates, the "Eleventh Five-Year" period, the transformer tap switch market will grow rapidly, the market capacity is about 15-20 billion a year; low-voltage electrical appliances, complete sets of equipment will be steady growth in market demand, the market volume of about 250-300 billion a year yuan. To the "Eleventh Five-Year," the end, the company's development into a component-based electricity and provide diversified services of electrical equipment enterprises, and strive to become the western region as well as national outstanding electrical equipment suppliers.
In addition, the company also last year's acquisition of Jiangsu Yinhe Machinery Co., Ltd. 82% stake, making business extended to automobile parts production and sales. Galaxy machinery is the only Beijing Hyundai automobile connecting rod supporting designated providers, the nation's largest professional automotive connecting rod manufacturers, automobile manufacturers in the professional has a clear advantage in 2005, the company has successively with the KIA, jade Chai machine reached an agreement to broaden the market area, the operating results achieved substantial growth. At present the company's auto spare parts have become the second largest industry, effectively promote the company's development.
From the trend perspective, the stock's recent line of relying on a steady-year high, trading volume is gradually enlarged capital to launch a new round of the main rally of the time is ripe for the market outlook is expected to challenge before the high.
