Category: Money tips Release Date: 2007-02-06
Source: Huatai Securities
Jinbei Automobile (600609), the company main manufacture of light passenger cars, light goods vehicles and parts manufacturing, machinery products such as Sino-foreign cooperative production and marketing business, real estate development, import and export business, Sino-foreign cooperative businesses and so on. Jinbei Automotive's products include China, Jinbei, Chevrolet, etc., a higher market share, the company through joint ventures, joint ventures and cooperative way of foreign capital has a wealth of subject matter, there are good prospects.
Is a key state support for enterprises in Liaoning Province's largest automobile manufacturers, China's largest minibus manufacturer. So far as the company's only light passenger traffic has been out for nine consecutive years to maintain the domestic market, the first one; 49% stake in Shenyang Brilliance Jinbei Automobile Company's Di Sankuan model "Chinese sedan", 2.0 automatic transmission has been put on the market for the Chinese auto market only with independent intellectual property rights in a high-end luxury cars.
To actively cooperate with foreign companies. Companies to invest 300 million (25%) and the United States Jinbei GM joint venture with General Electric Company. Is also working with Germany's BMW, South Korea's unification and other international well-known enterprises close, through joint ventures, joint ventures, cooperation, etc. have a close foreign subjects. International Automobile giant BMW Jinbei Automotive companies use production lines, large-scale domestic production of BMW cars, which became BMW's global strategy to seize the domestic and international high-end auto market in a major production base. As the company is located in Shenyang, Northeast China heartland of heavy industry to carry out large-scale industry has a good environment and national policy support, at the same time as the co-operation with Germany's BMW in-depth and mutual trust between the deepening does not rule out Germany's BMW In order to make Chinese-made BMW to expand production capacity and strengthen all aspects of Jinbei Automobile influence to acquire shares, or means of the eventual realization of multinational enterprise's customary localization strategy.
Company shares a bright financial prospects. The company invested 440 million yuan (44%) and the China Federation of Industry, Brilliance Group, the establishment of common people's livelihood investment credit guarantee companies, people's livelihood investment credit guarantee company's main financial guarantees, investment guarantees, credit guarantees, equity investment, project investment, asset restructuring, mergers and acquisitions and related business consulting, large-scale development in the domestic financial sector against the backdrop of its future growth will be very broad. Bank of Communications, the company also invested one million yuan.
The new project will promote the Secretary's overall profit increase. Shenhua, a subsidiary of Shenyang Jinbei Automobile Investment Co., Ltd. to be unified with the Republic of Korea Heavy Industries, Ltd. a joint venture, Shenyang Jinbei Automotive Co., Ltd. Unity, Jinbei Shenhua 11.53 million U.S. dollars to be invested, accounting for 49% of the registered capital. Successfully put into production, will enable the company supporting the cost reduced accordingly, and to widening the company's parts sales channels, improve the company's market competitiveness of the company's overall profit improvement and sustainable development have a certain role in promoting.
From the stock prices of view, the unit change in the stock resumed trading after the completion of concussion climbed, opened higher after yesterday's sharp stock shocks Xi Pan, Liangnengfangtai, but this afternoon the unit by large single pulled that Xi Pan has ended, a quick afternoon Tian Quan Quotes will be embarked on, we recommend investors to focus on.
