Diablo 3 Gold high technical threshold for production process control and other GET

[From the perspective of recent performance, taihe County, is not a good performance of the new material. Three quarterly reports shows that company achieved during the reporting period attributable to the shareholders of the parent company's net profit of 130 million Yuan, down 30.6%] "textile industrySecurities Office staff and new material. This week, in this plan with the help of chemical fiber stocks falling market rose, and as the leading enterprises in high-end fiber manufacturing in ChinaDomestic first realizing a spandex fiber, aramid fiber and aramid fiber industrialization. Companies now have to produce 1000 tons/year of para aramid production capacity, analysts believe its products are near DuPont, Teijin international giants such as quality, have the ability to replace imported products. Oriental securities analyst Wang Jing said in a research report, taihe new material has begunFrom traditional chemical fiber enterprises to special fibers business. Along with the "Twelve-Five" period on new materials of fostering increased, the company will experience a new round of development. Dongxing securities analyst Yang Ruomu, believes that p-aramid in the ratio of raw materials, high technical threshold for production process control and other, less likely to be massive expansion of production capacity in China, the company is expected to sustain 35% Higher gross profit margin of around. It is understood that the traditional long-term overcapacity in the field of chemical fiber, Kevlar, carbon fiber and high performance fibers such as ultra high molecular weight polyethylene but still needs to import. National annual demand of para aramid is about 5,000 tons, higher degree of dependence on imports. From the perspective of recent performance the old republic power leveling, taihe County, is not a good performance of the new material. Three quarterly reports shows that during the reporting periodCompany revenues 1.203 billion yuan, an increase of 9.9% to achieve operating profits of $ 161 million, down 34.7%, achieving attributable to the shareholders of the parent company's net profit of 130 million Yuan, down 30.6%. 392 million shares of the total share capital, and achieve earnings per share of $ 0.33. In addition, the company also expected throughout 2011Decline in performance over the same period last year, 30%~50%. It is understood that the company declines mainly due to the spandex prices per cent lower than the larger at the same time, the main raw material prices, product sales growth cannot compensate for the price hike in raw materials and products prices brought about by the loss of profits. In fact, from June (especially in the third quarter), as a new capacity to inject moreDownstream demand is dull Diablo 3 Gold, domestic spandex prices fell sharply, to East China 40D products, for example, the prices decreased from about 60,000 yuan/ton at the beginning to the current 45,000 yuan/ton. Zheng Fangbiao, analyst at Societe Generale securities believes that spandex product's profit level is the lowest since 2008 (prices closer to costs), is expected to be gradually added in the first half of the productivity by the market to digestHou, afternoon spandex prices down relatively limited space. In addition, in his view, the aramid products due to the high technical barriers, lower demand in a fast-growing period, have good development prospects is the key to the future growth of the company. As of the latest, a total of 90 institutions make predictions about the taihe new material 2011 annual average forecast a net profit of 185 million Yuan,Drop 27.75% from a year earlier. Zheng Fangbiao said that combines three quarterly information and spandex industry situation, adjusted 2011-2013 year earnings per share forecast to $ 0.42, $ 0.65 and $ 0.95. Spandex prices down space is limited, and the aramid business sustainable harvest is expected to enter and become a major growth point in the future, maintain "Recommended "investment rating. As of November 25, taihe new materials reported revenue of $ 13.21, full week or 5.3%. Indeed, despite the taihe poor performance of the new material, but is still sought after by some institutions. As of the third quarter, including the e value growth mixed fund, southern high growth stock open-end funds, e active growth fund, are to appear in publicTop of the Division of shares among shareholders. ����Risk disclosure: para aramid market is not expected; downstream demand fails to release; risks such as macro-economic downturn. Gold-line statement: Gold-line reproduced above, does not indicate that confirm the description for investor use only and does not constitute investment advice. Investors a basis for action, at your own risk.