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Large centrifugal fans, high pressure blower, and other leading products to maintain a high growth rate

Large centrifugal fans, high pressure roots blower, and other leading products to maintain a high growth rate.

  
Increase the thermal power industry, sewage and desulfurization efforts in the context of stock management, high pressure blower explosive growth, promote the performance of the company to become an important engine of growth, revenue and new orders amounted to 0.57,0.65 billion yuan, an increase of 169.69 percent, respectively, , 82.99%.

  
Slightly lower gross margin, net profit margin improved. Gross profit margin was 25.48%, compared to last year reduced 0.67 percentage points, while the expense ratio decreased during the 1.67 percentage points to net profit margin improved.

Raise investment project and orders the release of growth of production capacity to protect the company grow rapidly. Nantong raise investment project in the first half has been put into operation, a large centrifugal blower project in Guangxi in July, was officially put into operation. The first half of the new orders the company to undertake the contract amount was 5.01 billion; orders in hand amounted to 690 million yuan, an increase of 34.13%.

New products and contract energy management will become important new growth point. Small centrifugal air  roots blower, small steam turbines and other new products will have on the market, and energy management into the contract market, comply with the national energy saving policy orientation. .. Profit forecasts and ratings: the company expects EPS for 2011-2013 were 0.41,0.62,0.90 dollars, corresponding to earnings ratio of 37.5,24.6,16.9 times, fast-growing company with a bright future, to maintain a cautious investment grade recommended.

 

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