G Precision Steel 600 496 a substantive concept of the Olympic Games the bottom of the boot Money T

Category: Money tips Release Date: 2007-04-10

Source: Chase Securities Author: Dong Zheng

G Bridge is able to continuously strengthened, by its very nature because the two companies were awarded the Olympic project. Directly involved in the Olympic project construction, the achievements of the above-mentioned two stocks hitting new highs. The 2008 Beijing Olympic Games, the main venue is the National Stadium (Bird's Nest), while G Precision Steel (600,496) The successful tenderer Olympics "Bird's Nest" Steel Works, substantive concept of the Olympic Games, the bottom of the start, is expected to catch up with G Urban.
In the Olympic project construction, the National Stadium (Bird's Nest) is the largest investment in China, the highest-tech sports venues, but also the highest attention to the Olympic projects, technical content, and the most difficult construction of key projects. The G Precision Steel (600,496) to 285 million yuan bid, "Bird's Nest" Steel Works, among the company's annual report also made it clear that the commitment of the National Stadium (Bird's Nest) steel structure project. Seiko head of the Yangtze River, said that technical innovation is the company's intrinsic motivation to achieve sustainable development, the construction of the Olympic project shows the company's innovation, development and practical technology to master the leading image.

Winning the Olympic projects, but also just the Olympic main venue of the National Stadium (Bird's Nest), in the company clearly stated in this year's mid-year report: Following last year undertaking a successful Olympic Games in the National Stadium (Bird's Nest) and later takes over the Olympic Games, one of the three separate venues a project - the National Stadium project, the Olympic Games alternate airport - Hohhot Baita Airport Terminal and so on. In particular, the National Stadium, located in the Olympic Park, and the National Stadium "Bird's Nest", the National Swimming Center "Water Cube" adjacent to the Olympic Games and other events during the commitment to handball. National Indoor Stadium steel roof truss construction is the first of a two-way Zhang Xian project. G Precision Steel (600,496) winning in the National Stadium (Bird's Nest) and the National Indoor Stadium Olympic venues two works, look at the current A-share market, it is difficult to find a second! So successful Olympic "Bird's Nest" project, G Precision Steel (600,496) shocking concept of the Olympic Games, more than the G Urban.

Unit is still in the bottom, with the main venue for the Olympic bid, "Bird's Nest" by the market theme of the project excavation, the Unit is expected to catch up with the catch-up already in a high G-urban development, is definitely worth the short term focus

Historical Information: G Precision Steel (600,496): steel high-end market leader June 5, 2006

Source: and News

G Precision Steel (600,496) product line is complete, ranging from light steel, heavy steel into space steel structure system in all areas of industry sales volume among the top three. At present, large-span space steel structure is to reflect the company's greatest competitive advantage. This sub-industry technical barriers to high, less powerful competitors in a number of large projects in the formation of a few peers oligopoly situation, the gross margin is higher than lightweight steel and heavy steel, has become the company's significant profit contribution points.

It is reported, the company is the only domestic companies to obtain an H-class manufacturing performance of the Japanese steel companies certified and is the only one approved by the Ministry of Commerce has the right to operate foreign steel companies. Have the ability to open up overseas markets, the company is also being abroad.

At the same time, the company will launch a new round of investment plans and seeking a new development strategy. A strong ability to obtain orders for making an urgent demand for capacity expansion, the company plans in South China, Southwest set up production bases, respectively, the layout is completed, the radius will substantially enhance the company's business and reduce the current transportation costs and enhance competitiveness; the establishment of export processing bases, with the implementation of the strategy to expand overseas markets, will lead to enterprise management capabilities, improve value-added products will smooth the risk of fluctuations in the domestic market. Implementing a multi-steel structure industry of high-rise residential project will enable the company to use advanced technology systems to achieve new competitive advantage.