3 Ai Fu 600 636 an afternoon rally is expected to enter a new focus Money Tips

Category: Money tips Release Date: 2006-01-07

Source: Tianxin Investment Authors: Yong You-Jie

Company is currently the largest and most complete variety of the collection of scientific research, production and management integration of organic fluorine chemical enterprises. Company 1000 tons / year of polyvinylidene fluoride, and 100 tons / year Hexafluoroacetone project, 2500 tons / year in the first half PTFE expansion project in 2006 full production, electrolytic fluorine chemical expansion project completed by the end of 2006, the product scale of production will be double.

Company will continue through scientific and technological innovation, form their own core competitiveness in the domestic leading position fluorine chemical industry, and strive to among the world. 3 Ai-rich organic fluorine chemical industry is currently involved in three main areas, namely fluorine polymers, fluorine fine chemicals and CFC and CFC substitutes. According to reports, the company's market share of fluoropolymer 17%, CFC market share of more than 50%, CFC substitutes market share above 70%. Among them, fluorine polymers in the F46, fluorine rubber and other products of the domestic market share of each contributed more than 50%%, PTFE variety and quality of the leading domestic.
Companies in the third quarter of this year, a comprehensive analysis of the quality of a subsidiary of online products and processes the status quo, and targeted improvement measures taken. Changshu 3 Aifu Fluorine Chemical Co., Ltd. F134a production plant, also in August 2006 put into operation Caojing, integrated projects in the 1000 tons / year PVDF device has been planned for production purposes, and the success of a production. As of the end of the third quarter, three love-rich investment and construction in Changshu of 3,500 tons / year project has been basically completed TFE ancillary equipment installation work.

Company holding 70% of the subsidiary Zhonghao chemical HFC-23 decomposition projects as Clean Development Mechanism (CDM) project in August 8, 2006 at the United Nations CDM Executive Board registration is successful, the World Bank will purchase ho Chemicals in 2007 -2013 years, produced by HFC-23 emission reductions, emission reduction total of 10,437,249 tons per year of carbon dioxide equivalent emissions per tonne price of 6 euros, equipment installation work in progress, is expected to be operational by 06 years, the project is currently in the successfully registered with the United Nations, the largest CDM projects. projected annual increase of more than 9,000 million for the company's net profit. It is learned, CDM mechanism is based on "Kyoto Protocol" of the relevant conventions: developed countries must be between 2008 and 2012 levels of greenhouse gas emissions from 1990 based on an average of 5.2%. Many energy-hungry will be above the limit carbon dioxide emissions, but emissions trading scheme from these companies can be environmentally friendly energy projects in developing countries to purchase emission rights. 3 Ai-fu is the second Juhua, my second home through the United Nations CDM projects approved by the listing company, Kingsoft shares, Nanganggufen and the Conch Cement is also related to CDM project applications have been approved by the State Development and Reform Commission, There will be a growing number of listed companies, gold CDM. Technically, the Unit continued through the pre-callback order, the current rebound in stock prices stabilized at a relatively low level.

Historical Information:

3 Ai Fu (600,636): still optimistic about the medium-term short-term Jidiao May 2, 2006

Source: Huatai Securities

3 Ai Fu (600,636): Today, there ascribed to resume trading down, closing down 3.76% heavy volume, as an institution to ship. Recently, when quasi-G shares resume trading mostly higher, the stock has fell, it is estimated there are negative factors, such as fluctuations in quarterly results, but long-term perspective, the corporation is a good potential for development.
Company is an organic fluorine materials industry of China's leading enterprises, from the Shanghai Institute of Organic Fluorine Material launch (domestic only organic fluorine in materials research, pilot production and management-based Research Institute), is mainly engaged in Teflon, polyethylene FEP, fluoro rubber, fluorine fine chemicals, Freon (CFC), CFC substitutes such as production, sales. Companies in the domestic organic fluorine are almost all the main areas of leading, listed 12 years to maintain a rapid growth rate, average annual growth rate of 31.99% net profit. Fluoride steady growth in demand in the global environment, the company's outlook is guaranteed. December 19, 2005, the Company subsidiaries Changshu 3 Ai-Zhong Hao New Chemical Materials Co., Ltd. has signed with the World Bank "approved emission reduction purchase agreement", the World Bank will purchase ho reductions resulting from the years 2007-2013 displacement; emission reductions per tonne price of 6 euros; entire savings of about 73,059,707 tons (specific data will be adjusted according to the number of approved third-party); the agreement will be January 3, 2006 came into effect, which will become the company a stable source of revenue.
Company's share reform program had been rejected for the first time, but this is not the company's fundamentals, but at the right price ratio, commitment conditions, and other significant differences. April 10, the company launched a new share reform program, the proportion rose to 10 on the price of 2.8 shares of stock delivery with the introduction of 10 shares of stock were 1 yuan to send three of the allocation scheme, which the company's future stock price would constitute a good support.
From the fundamental perspective, today's drop does not lead to sustained sell-off, the overall risk is highly unlikely.