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Data:2009-12-12 2:34
Source: and News
Morning opened low
Transaction reasons: yesterday suspended gapped opened low today, homeopathy.
Investment Highlights:
(1) Main advantages stand out: the company has become the largest and second only to Japan in the international high strength high modulus polyvinyl alcohol fiber production and export enterprises and export of domestic enterprises accounted for 60% of total exports, international market share in the more than 20%. The company independently developed high-strength high modulus polyvinyl alcohol (PVA) fiber products 2005 annual sales volume exceeded 1 million tons, the product exported to Europe and the United States market, breaking the pattern of the international market dominated by Japan, has become the company's main profit growth.
(2) the concept of high-tech materials: The company is China leading the field of new materials, polyvinyl alcohol, polyvinyl alcohol fiber high-strength high-largest film production and export base, in this based on the company and the logistics department Quartermaster Institute developed ultra-high strength high-PVA film length silk, its ultra-thin, flexible fiber explosion-proof characteristics fully meet the military needs, and only 1-1.5 kg each bullet-proof vests, while the performance is far better than similar foreign products, the product can be in the aerospace, aircraft, special clothing and many other the field as a reinforcing material, the application prospect is very broad.
(3) WTO concept: the national polyvinyl alcohol industry, the company leading product polyvinyl alcohol production, sales ranked first, special chemical in the international arena is second only to Japan's second largest export enterprises of China's exports to the kinds of the largest producer of foreign exchange business.
(4) Financial Concepts: the company invested 100 million yuan the original holders of Yuan Securities Co., Ltd. 4.93% of the equity; original investment 10 million yuan, holding Toto in Anhui Motonobu State-owned Co., Ltd. 0.62% of the shares.
Risk Tip:
1, the company's production of polyvinyl alcohol using calcium carbide acetylene process route, is a coal-chemical process. In the thermal power plants and calcium carbide factory in the production process to consume a large amount of coal and coke and other energy products, while the entire process of the electricity consumed in relatively large, the overall energy consumption levels are higher.
2, electricity and coal prices continued to rise, increasing the company's production costs.
Investment advice: short-term stock rose more than 50%, and facing the pressure of profit-taking, we recommend that investors should not chase the time being, waiting to see the main. The next support at 3.50 yuan block.