G Yanzhou Coal 600188 Recently a strong finishing the market outlook is expected to speed up the re

Category: Money tips Release Date: 2007-07-03

Source: China Securities Journal Author: Wuhan New Rand

Company is in East China's largest coal producer in the domestic coal industry in the industry today. A major shareholder in the Group of Yanzhou coal coal-oil production capacity goal of 2 million tons is expected that the project will be completed in 2008. The Group has disclosed in the share reform will be at the appropriate time for listed companies to share the "oil from coal" project. Technically, the stock's recent strong finishing, the market outlook is expected to speed up the rebound.

Historical Information: G Yanzhou Coal (600188): shock and sex blowout pulled June 19, 2006

Source: Kim Merrill Lynch Investment Authors: Huang Min Hong

G Yanzhou Coal (600188): G Yanzhou coal as the absolute leader of domestic coal production and refining of coal are also in the domestic leading position. A major shareholder in Yanzhou Mining Group has become China's first independent research and development, master the core technology of coal to oil companies. Coal, 200 million goal of refining capacity is expected to be completed in 2008. Not long ago, Yanzhou Mining Group and the Yulin City, Shaanxi Province, signed an "on promoting the building of Yanzhou Coal Mining Oil Yulin indirect framework of the project agreement", it is learned, Yanzhou Coal Mining Group's chemical technology research and development, there are three listed in the national "863" High-Tech plan, the application of contracted projects of indirect CTL technology is the "863" projects in the world, as the world's most advanced coal-chemical production processes and Fischer-Tropsch synthesis has been reported to the state 23 patents, of which eight have been authorized by the State Patent Office, and in February 8, 2006 by the National Development and Reform Commission approved. Once the group this item into the company, the company's performance is expected to show explosive growth.
Coal extraction in methanol, also take the forefront in the country. The company 776 million yuan in Yulin City, Shaanxi Province, Yulin can turn controlling the establishment of Yanzhou Coal Mining Company, the major annual production capacity of 230 million shares of the nation's largest methanol production base, an investment 60 tons of methanol project was at full capacity during the first half of 2005 . Methanol project in the future will become a major profit growth point.

Company is in East China's largest coal producer, while continuing to expand through mergers and acquisitions and the scale of production capacity. Since 2004, companies were acquired Austar Coal Mine in Australia, acquired the parent company of "Heze can turn Limited" controlling interest, which will further consolidate the company's dominance of its industry, lay a solid foundation.

The secondary market, the report of the first quarter of 2006 shows that including CITIC classic configuration, easy to square up to 50 other companies the fund largest holding, the top ten shareholders of circulation, QFII and funds accounted for 8 shows that institutional investors for its investment value of the high degree of recognition. Unit diluted share reform formed a gentle rise in channel, the main funds have continued to Masukura signs evident Thursday to pull the offensive little Yang Xian, MA of the system once again gold cross, a strong upside market outlook is expected to expand market, may be attention.